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Does anybody remember the professor saying that we do not need to do a minimization problem? Did he mean that there are no questions about minimization? Specifically, do we need to know artificial variables and the Dantzig 2 phase method?
Subramaniam Narayanan
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Oct 22, 2011, 6:45:41 PM10/22/11
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I think he said the simplex prob is a maximization prob with 2 var and 2 constraints. So no artificial vars there. The rest of exam will definitely have some ques about those...
Maddy Fouts
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Oct 23, 2011, 12:29:02 AM10/23/11
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yeah thats what i took away as well
--
Madelaine G. Fouts Class of 2011 Leavey School of Business
Santa Clara University
Darren Ng
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Oct 23, 2011, 1:44:47 AM10/23/11
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ok, thanks.
Sidra Haider
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Oct 23, 2011, 5:37:44 PM10/23/11
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Does anyone have a very concise way of explaining how to spot multiple optimal solutions in the excel solver report? Which cells should I look at and what should I expect in them? I understand all the other scenarios but often get confused on this one.
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Sidra,
Look for the shadow prices of the non basic variables, if one or more of those variables has the value '0' then multiple optimal solution exists.(check #4 a: shadow price of x4(unused sewing time) =0).
Sudha.
Carey DeAngelis
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Oct 24, 2011, 2:54:48 PM10/24/11
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So I think I am confusing myself. If we are going to get a simplex problem with 2 variables and 2 equations, will we need to add slack variables to solve?
Carey
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Elliott Le
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Oct 24, 2011, 3:17:25 PM10/24/11
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Yes, you will need to get rid of the inequalities.
Elliott Le
-- Elliott Le
Gabriel Bowers
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Oct 24, 2011, 3:28:08 PM10/24/11
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We would need slack variables.
What he likely meant was that we would have two constraints. Each constraint would need a slack variable.
This is the same as the simplex problems (purses + shoes) that we've been solving in the HMWK.