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Optimization using Solver – Decision Making and Decision Support Systems

Optimization using Solver – Decision Making and Decision Support Systems. Take Aways. Understand how to model a Linear Optimization Problem (Maximum and Minimum) Understand how to perform post-optimality sensitivity analysis

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Optimization using Solver – Decision Making and Decision Support Systems

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  1. Optimization using Solver – Decision Making and Decision Support Systems

  2. Take Aways Understand how to model a Linear Optimization Problem (Maximum and Minimum) Understand how to perform post-optimality sensitivity analysis Understand key terms such as Objective Function, Constraints, Slack Variable, Shadow Price, Reduced Cost (Opportunity Cost), 100% Rule What were the first four countries to have television? England, the U.S., the U.S.S.R., and Brazil.

  3. Take Aways Understand the PEIT (Process Enabling Information Technologies) Implementation Model; Understand the failure of Rich-Con Steel in Implementing an Enterprise System; Understand a typical Production Process and its material, data, and document flows; Understand how to model and solve a Minimization Optimization problem. Regardless of the tough economy, companies are having to fork over big salaries to enterprise applications experts due to a shortage of people with SAP skills, according to new research from Foote Partners. The value of SAP skills rose by how much over the last 6 months? By 25% - 30%

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