Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
8 Cards in this Set
- Front
- Back
|
management science |
solving approac finds applications in areas such as decision making |
|
|
multiple optimal solutions |
provides greater flexability to the decision maker |
|
|
interpret the results of a linear programming problem that was unbounded |
the objective can increase indefinitely without reaching a max volume |
|
|
problem solution that is unfeasable |
a solution that violates at least one constrint |
|
|
the value on the dual column the QM output |
the $ amount a company would be willing to pay for one additional unit of of resource |
|
|
sensitivity range of an objective coefficient |
the range of values over which the current optimal solution point will remain optimal |
|
|
the general which parameter change if an objective function coefficient changes but is still within the sensitivity range |
optimal solution wont change but cost will |
|
|
in general which parameters change if a constraint right hand side value changes but it still within the sensitivity range |
a change in the maximum capacity of a process unit or the availability of a raw material |
