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Decision Modeling Linear Programming

Decision Modeling/Linear Programming

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Title: Decision Modeling/Linear Programming

Essay Details:

Subject: Technology

Author:

Date: February 9, 2017

Level: University

Grade: A

Length: 3 / 871

Essay text:

Once that is developed the solution stage solves the problem and finds the variable values. During the interpretation stage the sensitivity analysis gives managers the opportunity to answer hypothetical questions regarding the solutions that are generated. There are four basic assumptions of linear programming and they are as follows: ? Certainty ? Proportionality ? Additivity ? Divisibility Linear programming is the development of modeling and solution procedures which employ mathematical techniques to optimize the goals and objectives of the decision-maker. Programming problems determine the optimal allocation of scarce resources to meet certain objectives...

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