Owing to the importance of linear programming models in various industries, many types of algorithms have been developed over the years to solve them. Some famous mentions include the Simplex method, the Hungarian approach, and others. Here we are going to concentrate on one of the most basic methods to handle a linear programming problem i.e. the graphical method.
In principle, this method works for almost all different types of problems but gets more and more difficult to solve when the number of decision variables and the constraints increases. Therefore, we’ll illustrate it in a simple case i.e. for two variables only. So let’s get started with the graphical method!
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