Have three questions that need separate answers with a separate reference for each question.
Q1. What are the steps in solving a linear programming problem? Choose one step and explain it in detail.
Q2. Why do you think Manufacturing uses the optimization model more than other business units?
Q3. Explain Dantzig’s discovery that all feasible regions are convex (bulge outward) polygons (many-sided figures) and that the optimal solution must lie at one of the corner points.
Categories: