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Freund wrote additional that "as a result of his investigate in mathematical concept, computation, financial Investigation, and applications to industrial challenges, Dantzig contributed in excess of every other researcher to your extraordinary progress of linear programming".[six]
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Dantzig's seminal work permits the airline marketplace, one example is, to program crews and make fleet assignments. Dependant on his perform instruments are designed "that shipping businesses use to find out the quantity of planes they need and exactly where their shipping vans should be deployed. The oil sector extended has utilised linear programming in refinery setting up, as it establishes the amount of of its raw product ought to turn into distinctive grades of gasoline and exactly how much really should be used for petroleum-based byproducts.
My introducing of quadratic programming before indicate-variance optimization was Plainly set up, but think about the equivalence involving and .
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