When you complete this course, you will be able to:
Linear programming is the name given to a collection of tools that are among the most widely used in management science. It is essentially a technique that encompasses the problem of allocating scarce resources between competing activities in order to maximize or minimize some numerical quantity, such as contribution or costs. This CPE course includes a step-by-step technique which requires the translation of a decision problem into a system of variables, equations and inequalities. In addition, it explores minimization problems, the slack, shadow price, as well as limitations to linear programming.