Lab_presentation

# Lab_presentation - Engineering 10 Fall 2010 IEOR Module...

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Click to edit Master subtitle style 1/27/11 Engineering 10 Fall 2010 IEOR Module Optimization Lab Xingwei Wu [email protected]

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1/27/11 Outline Formulate Linear Programming problem Learn how to use excel to solve Introduce Lot-Sizing problem Exercise
1/27/11 A simple Linear Programming problem A company produces and sells two different products. The demand for each product is unlimited, but the company is constrained by cash availability and machine capacity. Each unit of the product 1 and 2 requires 3 and 6 machine hours, respectively. There are 10,000

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1/27/11 A simple Linear Programming problem Decision variables: xi = units of product i produced, i=1,2. LP formulation: Max 0.30x1 + 1.78x2 s.t. 3x1 + 6x2 10,000 3x1 + 2x2 4,000
1/27/11 Use excel to solve LP Spread sheet set up

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1/27/11 Introduce Lot-Sizing problem Economic lot sizing is a well-known problem in the area of production and operations management, as it has a variety of applications. For example, the economic lot-sizing problem is the core problem in aggregate production planning in MRP systems.
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