00:01
For solution of this question as it is asking about the linear programming, so linear programming can be used in these three ways for business looking scenarios.
00:20
My first way is make market marketing, start management, management and in the marketing management, demand programming is used to determine how much the company marketing budget.
00:40
Marketing budget, we can program that marketing budget.
00:48
And also towards the various advertisement channels, news, etc.
00:52
We can through the television.
00:55
We can target that for our marketing budget.
01:00
And the company marketing budget is the relationship between the demand and the product.
01:04
This is a relationship.
01:09
Relationship between the demand and the product, demand and for the product.
01:26
Secondly, we can see the production management, management, used linear programming.
01:38
Often the company produced multiple products.
01:41
So linear programming can be used to determine how much for each product should be each product should be produced, should be produced.
02:08
To gain maximum profit and the goal is to operate maximum profit.
02:13
So, constraint is the company's production budget and the relation between the different products and their profits.
02:19
So we can tackle that in production management part of the linear program.
02:23
And thirdly, we can find our personal management as a company, personal management.
02:35
Leal programming can be used to determine when and how much employees must be recruited in the particular task to order to complete the task if we have some order which is beyond our limit.
02:47
So we have to recruit some more employees in our company and if we have some lesser amount of output to be given, we have to fire some employees of our company...