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Unformatted text preview: 3) Production Problems with Capacity Constraints (labor,materials Graphical solution of LP problems (involving two decision variables) a. Be able to sketch the region satisfying the constraints of the problem b. From graph of feasible region, be able to identify/solve (1) The optimal solution to LP problem. (2) A problem that is infeasible. (3) A problem that is unbounded. Taxes and Depreciation a. Study class examples and Homework#3 and Problem #1 of Homework #4 Inventory Problem (nonlinear problem) a. Be able to determine the optimal order quantity that results in maximizing profits given cost information. Golden Section Search a. Be able to go through 1 iteration of the method to find the new interval of uncertainty....
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- Spring '08