2eSlide # 33â¢Usually managers face more than one constraint.â¢an algebraic expression of the companyâs goal
known as the objective functionâ¢a list of the constraints written as inequalitiesâ¢Multiple constraints are easiest to analyze using a quantitative analysis technique known as linear programming.Q5: Constrained Resource Decisions(Multiple Scarce Resources)â¢A problem formulated as a linear programming problem containsâ¢for example âmaximize total contribution marginâ or âminimize total costsâ