linear programming

linear programming
LP A method for the optimal allocation of scarce resources to alternative activities. The aim of the decision-making process (termed the "objective function") and related constraints are expressed in mathematical terms, and may be plotted graphically in simple scenarios. Typical objective functions include the maximizing of *income and the minimizing of *costs. Linear programming, as its name suggests, is applicable only in contexts where the relationships between elements under consideration are linear in nature.

Auditor's dictionary. 2014.

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  • Linear programming — (LP, or linear optimization) is a mathematical method for determining a way to achieve the best outcome (such as maximum profit or lowest cost) in a given mathematical model for some list of requirements represented as linear relationships.… …   Wikipedia

  • linear programming — n. Math. a procedure for minimizing or maximizing a linear function of several variables, subject to a finite number of linear restrictions on these variables …   English World dictionary

  • linear programming — Math. any of several methods for finding where a given linear function of several nonnegative variables assumes an extreme value and for determining the extreme value, the variable usually being subjected to constraints in the form of linear… …   Universalium

  • Linear programming — Dieser Artikel oder Abschnitt ist nicht hinreichend mit Belegen (Literatur, Webseiten oder Einzelnachweisen) versehen. Die fraglichen Angaben werden daher möglicherweise demnächst gelöscht. Hilf Wikipedia, indem du die Angaben recherchierst und… …   Deutsch Wikipedia

  • linear programming — tiesinis programavimas statusas T sritis automatika atitikmenys: angl. linear programming vok. lineare Programmierung, f rus. линейное программирование, n pranc. programmation linéaire, f …   Automatikos terminų žodynas

  • linear programming — noun Date: 1949 a mathematical method of solving practical problems (as the allocation of resources) by means of linear functions where the variables involved are subject to constraints …   New Collegiate Dictionary

  • linear programming — noun the branch of mathematics concerned with the minimization or maximization of a linear function of several variables and inequalities; used in many branches of industry to minimize costs or maximize production …   Wiktionary

  • Linear programming — Technique for finding the maximum value of some equation subject to stated linear constraints. The New York Times Financial Glossary …   Financial and business terms

  • linear programming — Technique for finding the maximum value of some equation, subject to stated linear constraints. Bloomberg Financial Dictionary …   Financial and business terms

  • linear programming — noun a mathematical technique for maximizing or minimizing a linear function of several variables …   English new terms dictionary