A Critical Study on Bounds and Lower Optimization: Exploring Linear Optimization and Bounds in Industrial Applications

Abstract

Linear optimization can be used for set of differentproblems, which have restrictions such as a given amount of resources or acertain budget. The lower bound is the smallest possible value, and the upperbound is the highest possible value. Linear programming is the most commonlyused optimization technique in embedded industrial applications. There are manyreasons for this. Linear programs are relatively easy to formulate, use andunderstand.