Basic Excel Business Analytics - Intro to Linear Programming Using Algebra, Pencil & Paper

Basic Excel Business Analytics - Intro to Linear Programming Using Algebra, Pencil & Paper

Dive into the fundamentals of linear programming in this 28-minute tutorial video. Learn how to solve manufacturing problems using linear algebra and graphing methods to maximize contribution margin within given constraints. Explore the process of listing parameters, decision variables, and creating a mathematical model with objective and constraint functions. Master the technique of graphing linear inequalities and identifying the feasible region and vertices to determine optimal solutions. Gain practical skills in applying linear programming concepts to real-world business analytics scenarios using basic tools like algebra, pencil, and paper.