Please respond to the below discussion post. Linear programming is a model that

Question

Please respond to the below discussion post.

Linear programming is a model that consists of linear relationships representing a firm’s decision, given an objective and resource constraints (Taylor, 2016). Management in businesses uses the methods of linear programming to determine the best ways to increase profits and decrease operational costs. The methods of linear programming, managers will be able to identify solutions that are needed for managers to define issues that they may alter to figure out an answer to deliver the results they are seeking.

Explanation / Answer

Mathematical models contribute a lot for managerial decision making. One such tool is linear programming. It deals with maximization or minimization of functions of variables in terms of objective functions. It also deals with resource constraints. The key benefits from linear programming can be highlighted in the following points,

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