Answer
Given statement makes sense.
Work Step by Step
Sometimes, it is necessary to maximize or minimize the quantities involved in many problems to get the solution or to get the best clarity of facts for taking decision. For this, use of linear algebraic expressions are highly useful.
Objective function in the form of an algebraic linear expression is described in one or more variables that must be maximized or minimized according to the constraints given and need of the solution. Method that is used to do this is called linear programming method.
Since in business applications, the main aim of business is to maximize profit, sale, and quality of product etc., use of linear programming is the best way to get answers of these questions.
Thus, the statement, “That one of the most important applications of linear programming is business which involves maximizing the profit”, makes sense.
