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Modern Database Management Chapter 2 Solutions Form

Modern Database Management Chapter 2 Solutions Form

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hello students today uh we will begin a part one of our study of chapter two linear programming and we will begin with a model formulation as an introduction many major decisions based by a manager focus on the best way to achieve the objectives of the firm subject to the restrictions placed on the manager by the operating environment in pakistan unlimited sun and resources [Music] we are restricted at the same time we want to accomplish so many objectives one of the most frequent objectives of business firms is to gain the most profit possible or in other words to maximize a profit in fact [Music] maximizing a profit of course in the not initiative not incorporate social responsibilities nothing other uh uh economic or other non-economic objectives organization business that is to maximize profit to minimize cost when a manager attempts to solve a general type of problem by seeking an objective that is subject to restrictions the management science technique called linear programming

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