Components of the LP Model
Objective function: a criterion to be used while evaluating alternative allocations of the resources.
Decision variables: unknown amount of speciﬁc allocation; their values have to be determined (by solving the LP
Constraints: the limitations that restrict the available allocation alternatives.
Parameters: known values most often reﬂecting some technological requirements
LP model: formal representation of the problem build using all of the above.
Linearity: the impact of dec