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Linear Programming.

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Linear Programming.

  • This topic has 1 reply, 2 voices, and was last updated 2 years ago by LMR1006.
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  • May 13, 2023 at 1:36 pm #684297
    VikasK
    Participant
    • Topics: 98
    • Replies: 118
    • ☆☆☆

    Hello Tutor Hope you are doing well. Can you please help me in the below assumption of Linear Programming.

    Linear Programming assumes that the Products are independent, however in reality the customers may expect to buy both products together. Therefore the products may be manufactured jointly together.

    I’m unable to understand this assumption of Linear Programming. Why this would act as a limitation to linear programming

    May 13, 2023 at 5:18 pm #684310
    LMR1006
    Keymaster
    • Topics: 4
    • Replies: 1518
    • ☆☆☆☆☆

    It is not saying limitation?

    You read too much into a statement…….

    What it means is you can use Linear programming to solve a product mix problem. The decision is to do the products that maximise total income.
    When you have a problem that involves a variety of resource constraints, linear programming can generate the best possible solution.
    Whether it’s maximizing things like profit or space, or minimising factors like cost, using this tool is a quick and efficient way to structure the problem, and find the best solution.
    This could be 500 of product Z and 500 of product X.

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