Discussion Post: Statistics for Business
Linear optimization models are used to obtain optional solutions for finding the best, most economical solution to a problem/task within all of its limitations and constraints.
Discuss how you would use a linear optimization model in one area of your proposed business. Make sure you explain the limitations and constraints and what impact they have on your model. You do not need to provide calculations.
The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.