Chap_03 - Business Decision Making and Management Science...

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Chapter 3 - Linear Programming: Computer Solution and Sensitivity Analysis 1 Chapter 3 Linear Programming: Computer Solution and Sensitivity Analysis Business Decision Making and Management Science
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Chapter 3 - Linear Programming: Computer Solution and Sensitivity Analysis 2 Early linear programming used lengthy manual mathematical solution procedure called the Simplex Method (See CD-ROM Module A). Steps of the Simplex Method have been programmed in software packages designed for linear programming problems. Many such packages available currently: ILOG CPLEX, LINGO, Excel Solver, QM addin, glpk, lpsolve, … Text focuses on Excel Spreadsheets and QM for Windows. Computer Solution
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Chapter 3 - Linear Programming: Computer Solution and Sensitivity Analysis 3 Beaver Creek Pottery Example Excel Spreadsheet – Data Screen (1 of 5) Exhibit 3.1
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Chapter 3 - Linear Programming: Computer Solution and Sensitivity Analysis 4 Beaver Creek Pottery Example “Solver” Parameter Screen (2 of 5) Exhibit 3.2
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Chapter 3 - Linear Programming: Computer Solution and Sensitivity Analysis 5 Exhibit 3.3 Beaver Creek Pottery Example Adding Model Constraints (3 of 5)
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Chapter 3 - Linear Programming: Computer Solution and Sensitivity Analysis 6 Exhibit 3.4 Beaver Creek Pottery Example Solution Screen (4 of 5)
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Chapter 3 - Linear Programming: Computer Solution and Sensitivity Analysis 7 Beaver Creek Pottery Example Answer Report (5 of 5) Exhibit 3.5
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