Operations Research: Nonlinear Programming and Linearization

Tweet In many cases, we need to deal with nonlinear situations, e.g.: product pricing decision, inventory, portfolio optimization. Above all, the purpose is to find a balance between tradeoffs. Usually non-linear programs are more general than the linear programs. Formulating non-linear program is usually easy because you rarely use weird constraints; but its optimization would … Continue reading Operations Research: Nonlinear Programming and Linearization