What are some uses of mathematical optimization /linear programming in the real world
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What are some uses of mathematical optimization /linear programming in the real world

[From: ] [author: ] [Date: 12-08-14] [Hit: ]
If youre playing a game, you want to minimize your losses and/or maximize your winnings. If youre a banker or a business owner, you want to minimize your costs, max your profits, etc.......
I am about to take a class on mathematical optimization from the math department. The prereq is one semester of linear algebra (half computation, half proofs) with a C which is what I have. The book that we are using Bertsimas' Introduction to Linear Programming

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Mathematical economics, business, Game Theory, to name a few. I even heard someone mention astronomy.

The goal is to maximize or minimize something with respect to certain constraints. If you're playing a game, you want to minimize your losses and/or maximize your winnings. If you're a banker or a business owner, you want to minimize your costs, max your profits, etc.
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