MAT 540 Week 7 Discussion
Discuss sensitivity analysis
Select one (1) of the following topics for your primary discussion posting:
- Identify any challenges you have in setting up a linear programming problem in Excel, and solving it with Solver. Explain exactly what the challenges are and why they are challenging. Identify resources that can help you with that.
- Explain what the shadow price means in a maximization problem. Explain what this tells us from a management perspective.
Discuss sensitivity analysis
Select one (1) of the following topics for your primary discussion posting:
- Identify any challenges you have in setting up a linear programming problem in Excel, and solving it with Solver. Explain exactly what the challenges are and why they are challenging. Identify resources that can help you with that.
- Explain what the shadow price means in a maximization problem. Explain what this tells us from a management perspective.
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