The unexpected power of linear programming: an updated collection of surprising applications
Bruce Golden (),
Linus Schrage (),
Douglas Shier () and
Lida Anna Apergi ()
Additional contact information
Bruce Golden: University of Maryland
Linus Schrage: University of Chicago
Douglas Shier: Clemson University
Lida Anna Apergi: University of Maryland
Annals of Operations Research, 2024, vol. 343, issue 2, No 2, 573-605
Abstract:
Abstract Linear programming has had a tremendous impact in the modeling and solution of a great diversity of applied problems, especially in the efficient allocation of resources. As a result, this methodology forms the backbone of introductory courses in operations research. What students, and others, may not appreciate is that linear programming transcends its linear nomenclature and can be applied to an even wider range of important practical problems. The objective of this article is to present a selection, and just a selection, from this range of problems that at first blush do not seem amenable to linear programming formulation. The exposition focuses on the most basic models in these selected applications, with pointers to more elaborate formulations and extensions. Thus, our intent is to expand the modeling awareness of those first encountering linear programming. In addition, we hope this article will be of interest to those who teach linear programming and to seasoned academics and practitioners, alike.
Keywords: Linear programming; Curve fitting; Goal programming; Discriminant analysis; AHP; Game theory; DEA; Applications in finance; Scheduling; Intercollegiate gymnastics (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
http://link.springer.com/10.1007/s10479-024-06245-5 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:annopr:v:343:y:2024:i:2:d:10.1007_s10479-024-06245-5
Ordering information: This journal article can be ordered from
http://www.springer.com/journal/10479
DOI: 10.1007/s10479-024-06245-5
Access Statistics for this article
Annals of Operations Research is currently edited by Endre Boros
More articles in Annals of Operations Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().