Advanced Bank Management

Unit - 18 : Linear Programming

Linear Programming – Decision Making:

1. This can be solved either ‘graphical’ or ‘simplex’ method.
2. Linear Programming refers to several related mathematical techniques that are used to allocate limited resources among completing demands in an optimum way.
3. Some examples of resource and marketing constraints:
1. Bank may stipulate certain working capital requirements.
2. Market may not absorb the whole output
3. Capacity constraints
4. Labor availability
5. Raw Material availability

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