Mat 540 Week 7
lapiercz3Discuss sensitivity analysis
Select one (1) of the following topics for your primary discussion posting:
- Identify any challenges you have in setting up a linear programming problem in Excel, and solving it with Solver. Explain exactly what the challenges are and why they are challenging. Identify resources that can help you with that.
- Explain what the shadow price means in a maximization problem. Explain what this tells us from a management perspective.
Homework: Complete the following problems from Chapter 3:
- Problem 8 (solve using the computer), 10, 11 (solve using the computer), 12, 14, 15, 16, 18, 24
Quiz 3
12 years ago
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