COMMERCE 3QA3 Study Guide - Final Guide: Emv, Perfect Information, Flowchart
3QA3 Exam Notes
Chapter 1
-In 3QA3 in all problems, exams, etc. you MUST always use these 4 standard colours (white, blue,
yellow, green) for the 4 variable types.
Input variables = white
Unknown input variables = blue
Decision variables = yellow
Output variables / results = green
Chapter 2 LP model, graphical solution, computer solution
Step A. Formulation: Formulate the LP model (state the decision variables, objective function, and
constraints)
Step B. Solution: Solve the LP model (use the graphical method or the Simplex method in Solver in Excel)
Step C. Interpretation and sensitivity analysis: Interpret the solution and perform a sensitivity analysis