1.2 Assignment - Template
1.2 Assignment - Template
NAME
ID
PART A: Decision Variables
List the variables and what they stand for – like a data dictionary
PART B: Formulation
Objective Function: Explain briefly what it is that you are maximizing
Give a label (extreme right) to each constraint. The label should give some idea
to the reader the relevance of the constraint
Keep the labels in Red to separate them from the algebraic expressions
PART C: Solution
1. Optimum Objective Function Value: Enter the value and explain the function
whose optimum value is what it is
2. Optimal Solution
(Insert a table with two rows – Decision Variables in the 1st row and the values in
the second. You could copy / paste from the Excel file)
Table 1:
# Decision Variable Range of Optimality
1
Table 2:
# Constraint Shadow Price Range of Feasibility
1
Totals
Item 2
Refer to Table 2 of Part D while responding to this item
Also compare the percentage increase in the budget to the corresponding percentage
increase in the total exposure.
Item 3
Discuss if 9th dobbie loom is there then what will be the profit without solving the
problem again.
Item 4
You need to discuss about the change in range of objective coefficients.
Item 5
Formulate the minimization problem and then discuss the objective function value.