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Revision: Linear Programming Maths HSC Commerce (English Medium) 12th Standard Board Exam Maharashtra State Board

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Definitions [7]

Definition: Optimisation Problem

An optimisation problem is a problem in which the value of one quantity has to be made as large as possible or as small as possible under given restrictions. If the quantity and restrictions are linear, the problem becomes a Linear Programming Problem (LPP).

Defintion: Linear Programming Problem (L.P.P.)

Linear Programming Problem (LPP) is a problem in which a linear objective function is to be maximised or minimised subject to a set of linear constraints and non-negative conditions on the variables.

Definition: Convex Region

A region is said to be convex if the line segment joining any two points in the region lies entirely within the region.

Definition: Solution Set of a System

The common region satisfying all the given inequalities is called the solution set.

Definition: Standard Forms of Linear Inequalities

The equation ax + by = c is called the associated equation of the inequality.

Definition: Objective Function

The linear function whose maximum or minimum value is to be determined is called the objective function.

Definition: Optimize

To optimise means to maximise or minimise.

Theorems and Laws [1]

Theorem: Fundamental Theorem of Linear Programming

Statement:

If a linear objective function has a maximum or minimum value over a feasible region, then the maximum or minimum occurs at one of the corner points of the feasible region.

Key Points

Key Points: Linear Programming Problem and Its Mathematical Formulation
  • Linear Programming is a method of optimisation under linear constraints.

  • The quantity to be optimised is called the objective function.

  • The unknown quantities are called decision variables.

  • Restrictions are called constraints.

  • Non-negative restrictions must always be included.

Key Points: Region representation
Condition Region represented
( x > 0 ) Right of the y-axis
( x < 0 ) Left of the y-axis
( y > 0 ) Above x-axis
( y < 0 ) Below x-axis
( x 0 ) Includes y-axis
( y 0 ) Includes x-axis
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