Differentiate objective function and a constraint, Other Management

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Differentiate objective function and a constraint

DISCUSSION

1.What is the relationship between decision variables and the objective function?

2.What is the difference between an objective function and a constraint?

3.Does the linear programming approach apply the same way in different applications? Explain why or why not using examples.

4.Many LP models can be viewed through the lens of a Transpotation model. Choose one of the following types of problem and explain how to see it as a Transpotation problem. That is, explain what the "goods" we are shipping are, what the "roads" we are shipping along are, what the costs of "shipping" are, what the supply" and "demand" are:

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