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What are advantages and disadvantages of linear programming LP?
Wiki User
∙ 14y ago
Advantages of Linear Programming 1.The linear programming technique helps to make the best possible use of available productive resources (such as time, labour, machines etc.) 2. In a production process, bottle necks may occur. For example, in a factory some machines may be in great demand while others may lie idle for some time. A significant advantage of linear programming is highlighting of such bottle necks. Disadvantages of Linear Programming 1. Linear programming is applicable only to problems where the constraints and objective function are linear i.e., where they can be expressed as equations which represent straight lines. In real life situations, when constraints or objective functions are not linear, this technique cannot be used. 2. Factors such as uncertainty, weather conditions etc. are not taken into consideration.
Wiki User
∙ 14y ago
Wiki User
∙ 13y ago•Absence of risk (does expectation adequately capture
risk?)
•Restriction to linear objective functions
-No correlation among variables
-No positive or negative synergies
-Nonlinear programming is very difficult
•Fractional solutions often have no meaning
•Reducing the world to a set of linear equations is usually
very difficult
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Explain how implicit enumeration is used to solve integer programming problems.?
Implicit enumeration (or "additive algorithm") is used to solve 0/1 LP problems
What is lp and hp heaters?
In regenerative cycle LP/HP heaters are used to raise condensate/feed water temperature by extracting/bleed steam from LP and Hp stages of steam turbine in order to improve the efficiency of the plant
Why is condensate polishing unit operated at high pressure in a high pressure thermal power plant?
Perhaps the designers did not think of the advantages of a low pressure CPU. The only add on is the booster pump required downstream of the CPU. Advantages of LP CPU are aplenty, starting from feasibility of gel resins, affordable pre filtration and improved OBR. Take a peep into the European and Japanese markerts.
Who invented soap on a rope?
R. A. Jones
What are the Applications of analog to digital converter?
Most common is media conversion. Audio cassettes, 8mm audio/video tape and LP records.
Why linear programming use in Economics?
Economics is essentially about the allocation the least quantities of scarce resources to maximise utility. Resources could be money - so minimise cost - while utility may be measured by profits. If the production options can be modelled by linear functions - as they often are - then LP is a very useful tool. It is also easily programmed into computers.
Explain how implicit enumeration is used to solve integer programming problems.?
Implicit enumeration (or "additive algorithm") is used to solve 0/1 LP problems
What are quantitative techniques in management?
Quantitative Approach provides us the mathematical & statistical, tools & techniques to optimize the managerial decision making in the areas of plaining and control. such as budgeting, scheduling, quality control etc. Normally following techniques are used Critical Path Method (CP). Linear Programming (LP). Greedy Strategy (GS). Queuing Theory. Economical Model. . . . . . etc. By UT
What are the limitations of linear programming?
LP has turned to be a highly useful tool of analysis in development planning. But its efficiency is restricted due to; It is not easy to define a specific objectives function. Even the objectives function is defined; it may not be easy to find out various social, institutional, financial and other constraints which may restrict in pursing the given objectives. Given a specific objective and set of constraints, it is possible that constraints may not be directly expansible as linear inequalities.It is difficult to estimates various constant coefficient that enter into a LP problem. LP is based upon relative relations between input and output. This means that input and output are additive, multiplicative and divisible. But the relation between input and output are not always linear. Most of relations are non-linear.Perfect competition is not found practically.LP is based upon CRS but in real life there is either IRS or DRS. It is highly mathematical a complicated techniques. Particularly simplex method involves a large number of mathematical calculations. Most of LP models are based upon trial and error solutions and it is difficult to find out really optimal solutions to various economic problems. So all these limitation are based upon the economic problems. Answered by Philip Locot
What does LP stand for in LP Field?
Louisiana Pacific
When was KTPN-LP created?
KTPN-LP was created in 1995.
When was KKEY-LP created?
KKEY-LP was created in 1997.
When was WIHW-LP created?
WIHW-LP was created in 2005.
When was WXRY-LP created?
WXRY-LP was created in 2005.
When was WPTP-LP created?
WPTP-LP was created in 2005.
When was KBPX-LP created?
KBPX-LP was created in 1990.
When was KOHA-LP created?
KOHA-LP was created in 1992.
