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Distinguishing Between Minimization and Maximization in Linear Programming Models

This assignment explains the distinction between minimization and maximization in linear programming models and their applications.

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    Distinguishing Between Minimization and Maximization in Linear Programming Models Discussion 4 Distinguish between a minimization and maximization LP model. How do you know which of these to use for any given problem? Distinguish between a minimization and maximization LP model. The goal of most companies is to minimize costs and maximize profits in order to obtain a healthy bottom line. The formulas of constraints are a clear difference between these two linear programming models. Minimization utilizes greater than or equal to while maximization utilizes less than or equal to in order to define the limitations that can be utilized (Taylor Ill, 2011 p. 33/49). How do you know which of these to use for any given problem? The determination for which linear model is simply determined by the goal of your conclusion. You are attempting to determine minimum cost or maximum profit scenarios with the linear programming model. When you determine the desired goal of the process you utilize the methodology that produces the appropriate results. + StudyXY

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