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Linear Decision Making

Define linear desion making and provide an example from personal experiences. Linear decision making allows companies to review and maximise corporate effectiveness.

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Linear programming is a technique that managers use to maximize their time and resources. It is mathematical in nature, and can be used to figure how to use limited resources, such as, money, time materials, or machinery (Linear programming, 2012). This technique can only be used if there is a linear relationship to the variables that are being looked at. That is to say if one unit change is connected to a constant amount of ...

Solution Summary

This is a 439 word solution about the linear decision making process. It gives examples of how the decision making process works when a company makes different products at different costs using many of the same materials. It includes 1 reference to bring the solution together.