Solving linear programming problems in a spreadsheet yields equations for maximizing business profits. As applied to business, linear programming typically involves an objective formula, such as unit ...

This course continues our data structures and algorithms specialization by focussing on the use of linear and integer programming formulations for solving algorithmic problems that seek optimal ...

Estimation errors or uncertainities in expected return and risk measures create difficulties for portfolio optimization. The literature deals with the uncertainty using stochastic, fuzzy or ...

Operations Research, Vol. 33, No. 4 (Jul. - Aug., 1985), pp. 803-819 (17 pages) We present methods that are useful in solving some large scale hierarchical planning models involving 0-1 variables.

Approximate solutions to more complex equations can be found using a process called iteration. Iteration means repeatedly carrying out a process. To solve an equation using iteration, start with an ...

As the title suggests, I have a problem in which I need to formulate an LP model. I'm supposed to work in Excel and use the Solver Add-in feature.<BR><BR>I've done several other problems already, but ...

2. Create a spreadsheet model for this problem and solve it using solver 3. What is the optimal solution 4. How much processing time will be available on each machine if this solution is ...

Grade school math students are likely familiar with teachers admonishing them not to just guess the answer to a problem. But a new proof establishes that, in fact, the right kind of guessing is ...