Linear Programming in the Golden Age | Golden Age

Linear programming, a method for achieving the best outcome in a mathematical model, has its roots in the early 20th century. Linear programming is a technique for the optimization of a linear objective function, subject to linear equality and linear inequality constraints. The feasible region of linear programming is a convex polytope. Mariana Mazzucato explained that linear programming can be used to optimize the allocation of resources in a way that is consistent with the principles of a circular economy.