Chapter 2 - Introduction to Optimization & Linear Programming : S- 1
Chapter 2
Introduction to Optimization & Linear Programming
1.
If an LP model has more than one optimal solution it has an infinite number of alternate optimal
solutions. In Figure 2.8,

Chapter 3 - Modeling & Solving LP Problems In A Spreadsheet : S- 1
Chapter 3
Modeling & Solving LP Problems In A Spreadsheet
1.
In general, it does not matter what is placed in a variable (changing) cell. Ultimately, Solver will
determine the optimal valu

Chapter 4 - Sensitivity Analysis & The Simplex Method : S-1
Chapter 4
Sensitivity Analysis & The Simplex Method
Excel Solutions
1.
Howie's numbers are correct. Factory overhead is not a variable cost - it is a sunk cost that must be
paid regardless of whi

Chapter 5 - Network Modeling : S-1
Chapter 5
Network Modeling
1.
If supplies are represented by positive numbers and demands are represented numbers, the balance-offlow rule would be stated as follows:
For Minimum Cost Network
Apply This Balance-of-Flow R

Chapter 1 - Introduction to Modeling & Problem Solving : S-1
Chapter 1
Introduction to Modeling & Problem Solving
1.
Decision Analysis - Identifying and evaluating the different possible courses of action that might be
chosen to address a decision problem

Chapter 1: Introduction
Problem Solving:
1) Identify and define the problem
2) Determine the set of alternative solutions
3) Determine the Criterion or criteria that will be used to evaluate the alternatives
4) Evaluate the alternatives
5) Choose an alter