Chapter 8 Linear Programming Applications

Learning Objectives

After completing this chapter, students will be able to:

  1. 8.1 Formulate and solve LP problems with Excel Solver in marketing.

  2. 8.2 Formulate and solve LP problems with Excel Solver in production.

  3. 8.3 Formulate and solve LP problems with Excel Solver in the scheduling of employees.

  4. 8.4 Formulate and solve LP problems with Excel Solver in finance.

  5. 8.5 Formulate and solve LP problems with Excel Solver in the blending of ingredients.

  6. 8.6 Formulate and solve LP problems with Excel Solver in revenue management.

The graphical method of linear programming (LP) discussed in Chapter 7 is useful for understanding how to formulate and solve small LP problems. The purpose of this chapter ...

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