Liner Programming in Business
Essay by Monica Navarro M • October 30, 2015 • Essay • 318 Words (2 Pages) • 1,108 Views
BUS 172
Liner Programming in Business
Linear programing it’s when there is a problem involving numerous outcomes and you want to come up with the one that gives you the largest or the smallest result depending if you want to maximize or minimize. You can apply linear programing in business in various different situations, for example, linear programing can be used in a restaurant to make smarter decisions about the food served in order to increase the profit. The restaurant has to choose between two different specials, regular and low calorie. The restaurant needs to know how many of each meal has to prepare and stay under the budget limit. Linear programing its very effective in these kind of situations where you have several options and you need to get the most accurate result it can help business owners to be more organized and bring more accurate results to the business. Now a day in every business the most important this it’s either maximizes the total profit or minimizes the total cost. Linear programing it’s a very useful tool to know in business because you can now the final outcome and risk more or risk the less depending on what the business choice has to be.
In my opinion, linear programing can be one of the best tools when it comes to your business. It is a way to determine what is best for your business and what actions to take to have the biggest profit or the lowest cost possible because, before making any decision inside the workplace it is very good to have an idea of what the result will be and that way you take less risks and come up with a better outcome. Linear programming can be applied in transportation, marketing, sells, schedules etc. it has a wide range of possibilities where it can be used and have a positive result.
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