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Textbook Notes for Wu Li

U WINDSORMSCI 2200Wu LiWinter

73-220 Chapter Notes - Chapter 10: Carrying Cost, Variable Cost

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U WINDSORMSCI 2200Wu LiWinter

73-220 Chapter Notes - Chapter 3: Feasible Region, Shadow Price, Reduced Cost

Used to determine how the optimal solution is affected by changes, within specified ranges, in: the objective function coefficients, the right-hand sid
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U WINDSORMSCI 2200Wu LiWinter

73-220 Chapter Notes - Chapter 6: Joule

Can be represented by a set of nodes, arcs and functions associated with the arcs and/or nodes. Transportation, assignment, and transshipment problems
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U WINDSORMSCI 2200Wu LiWinter

73-220 Chapter Notes - Chapter 7: Linear Programming Relaxation, 32X

All integer: all variables are restricted to be integer, x >= 0 & integer. Mixed integer: some variables are restricted to be integer. Binary: all vari
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U WINDSORMSCI 2200Wu LiWinter

73-220 Chapter Notes - Chapter 9: Beta Distribution, Remington Rand, Project Management Software

Pert program evaluation and review technique: developed by us navy for polaris missile project, developed to handle uncertain activity times. Cpm criti
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U WINDSORMSCI 2200Wu LiWinter

73-220 Chapter Notes - Chapter 1: Fixed Cost, Variable Cost, Bombardier Dash 8

Cost and volume models: c(x) = 3000 + 2x. C(x): total cost of producing x units. Revenue and volume models: r(x) = 5x. R(x): total revenue associated w
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U WINDSORMSCI 2200Wu LiWinter

73-220 Chapter Notes - Chapter 2: Feasible Region, Nonlinear Programming, Goal Programming

Seeks to optimize an objective function subject to constraints. Types of mathematical programming problems: linear programming, integer programming, go
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U WINDSORMSCI 2200Wu LiWinter

Business 73-220 Chapter 4: Linear Programming Applications

An investment company currently has 10 million to invest. The goal is to maximize expected return earned over the next year. The four investment possib
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