Solving linear programming problems in a spreadsheet yields equations for maximizing business profits. As applied to business, linear programming typically involves an objective formula, such as ...

George B. Dantzig, the mathematician who invented the field of linear programming, which revolutionized the way government and private enterprise planned, scheduled and generally conducted their ...

The system can be modeled as a continuous-time infinite-horizon dynamic program, but suffers from the curse of dimensionality when different customer classes have different service rates. We use ...

What Are Some Ways Linear Regression Can Be Applied in Business Settings?. During the course of operation, businesses accumulate all kinds of data such as numbers related to sales performance and ...

To employ linear programming in production-planning problems in the chemical industry it is often necessary to make a linear model of plant which seems highly non-linear. An approach with some ...

ABSTRACT. The linear programming approach to approximate dynamic programming has received considerable attention in the recent network revenue management (RM) literature. A major challenge of the ...

Linear programming solutions addressing ISR asset allocation are surfacing in the academic and private sectors. A GMU graduate-level paper, presented on the day of Dantzig’s death, takes on the ...