Assumptions OF Linear Programing PDF

Title Assumptions OF Linear Programing
Author Amos kipkemoi
Course BIT
Institution Mount Kenya University
Pages 1
File Size 56.3 KB
File Type PDF
Total Downloads 29
Total Views 147

Summary

notes...


Description

ASSUMPTIONS OF LINEAR PROGRAMING      

Linearity cost; cost revenues or any physical properties, which form the basis of the problem, vary in direct proportion with the quantities or number of components produced. Interdependence between demand products is ignored, products may be complementary or a substitute for one another. Divisibility; quantities, revenues and costs are infinitely, divisible Certainty; the technique makes no allowance for uncertainty in the estimate made. Positive solutions; non-negative constraints are introduced to ensure only positive values are considered. Time factors are ignored; all production is assumed to be instantaneous. Costs and benefits which cannot be easily quantified easily, such as liquidity, good will and labour stability are ignored....


Similar Free PDFs