How to Cite
Abstract
The article discusses how linear programming can be used as a powerful mathematical tool for decision-making to achieve optimal results under limited resources. In general, the linear programming process involves optimizing an objective function (minimizing costs or maximizing profits) within linear constraints. The purpose of the paper is to show how companies can determine the most efficient way to use their resources (workforce, fuel, time), thereby achieving significant financial and operational savings.
To solve the problem, a linear programming model is employed, implemented through the Solver function in MS Excel. According to the optimal solution obtained by Solver, it is confirmed that the LP linear programming model can determine the optimal allocation of resources to achieve minimal operating cost.
References
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