Web Reference: In this section we will discuss the difference between different types of optimization models: Below is an overview of the different types of optimization models and their relationship with each other: The name is self-explanatory for the difference between these two types of variables: Linear programming (LP), also called linear optimization, is a method to achieve the best outcome (such as maximum profit or lowest cost) in a mathematical model whose requirements and objective are represented by linear relationships. Discrete Mathematics focuses on countable objects and structures, while Linear Programming deals with optimization problems involving linear relationships. Discrete Mathematics is more theoretical and abstract, while Linear Programming is more practical and applied in nature.
YouTube Excerpt: BUSN315 CAPS Business Management Bethel University 2020.
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