Give an evaluation of how to use one of the quantitative tool (Linear programing )and in which situations they work best.
Linear programming mainly focuses on optimization as a quantitative tool for decision making.
The word programming is used here in the sense of planning. Today many industries use linear programming as a tool to allocate their resources in an optimal way. Examples of important application areas include airline crew scheduling, railroads, shipping or telecommunication networks, oil refining and blending, and stock and bond portfolio selection. One of the classic applications is used by ...
Linear programming is examined.