The minimum or maximum value of a quantity are what are used to maximize or minimize a function.
The method for finding these minimum or maximum value is linear programming.
Take for instance, the following parameters:
[tex]\mathbf{Maximize\ z = 2x + 3y}[/tex]
Subject to:
[tex]\mathbf{2x + y \ge 10}[/tex]
[tex]\mathbf{x - y < 2}[/tex]
[tex]\mathbf{x ,y >0}[/tex]
The above is an illustration of a linear programming.
It is useful in the following areas:
- To formulate real life problems
- To get an optimal solution
- To maximize profit and minimize cost
- Etc
Read more about linear programming at:
https://brainly.com/question/14225202
