Week 2 Flashcards

1
Q

How do you model that x is less than 0.75 of the total

A

x/(x+y) <= 0.75

or x < (0.75*(x+y))

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2
Q

How do you know if a function is a linear program

A

whne all the constrains and objective function can be modelled with a line

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3
Q

Whenever you have a changing variable/decision variable that is squared or cubed or…. or square rooted

A

it is a NON LINEAR program

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4
Q

Can you divide by a decision variable

A

NO!

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5
Q

Is (x/(x+y)) Linear or not?

A

NON LINEAR

but… you can make it like this:

x < (0.75*(x+y))

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6
Q

3 elements of linearity

A

Additivity
Proportionality
Divisible

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7
Q

What makes an LP Linear?

A
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8
Q

The shaded area where all constraints are satisifeid

A

feasible region

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9
Q

What is the objective?

A

The function you want to maximize!! Z=x+y

BASICALLY you draw this on the plane and push it outwards!!! until you hit a corner point

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10
Q

If the function is non linear, then how do you solve?

A

Well.. its challenging because you need to do calc to find the optimal point

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11
Q

Types of LP: Allocation
Covering
Set covering
Blending
Aggregate Planning
Network

A

distributing a resource (usually maxing profit)

minimizing a cost, but there is a cosntraint

each member of set 1 must be covered by set 2

Blending: may be maxing or mining, some sort of proportion requirement added to the constraint

agg:

nw:

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12
Q

Set Covering

A

MAKE THE TABLE!!!!

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13
Q

SolverSolve true= NO DIALOG
Solver Solve False= Dialog

A
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14
Q

3 features of linearity

A

ADDITIVITY: contribution from one decision gets added/subtracted from other decisions

PROPORTIONALITY: contribution of any given decision grows in proportion to value of corresponding decision variable

DIVISIBLE: a fraction decision variable is meaninful

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15
Q

If your objective is non linear

A

Then it is hard to find an optimal point along the curve!

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16
Q

What if your constraints were not linear

A

once again hard to find optimal point along curve

17
Q

6 LPS

A

allocation

covering

set covering

blending

aggregate planning

network

18
Q

Allocation

A

maxing profit based on resource constriants

RESOURCES ARE NOT DV! THE ALLOCATION IS DV

19
Q

Covering

A

mining an objective (Cost) subject to benefit constraints on required coverage

20
Q

Set Covering

A

member of agiven set must be covered by acceptable member of another set

21
Q

Blending

A

may be maxing/mining prob with twist of some proporation requiriments to constraints

22
Q

Agg planning

A

determmine workforce levels and prod levels for multiperiod time horizon

e.g. determining hiring of new employees

23
Q

Network

A

product people or funds flow throuhg a netowkr of nodes connceted by arcs

24
Q

In solver sensitivity, waht does allowable increase and decrease man?

A

it means that you can change the coefficients by x amount without changing the optial solution

25
Shadow price
how much you are willing to pay for 1 more unit of whateveere line you are looking at? and then this changes your profit by the amount of the shadow price
26
What is a binding constraint
A constraint that is maed out!
27
when shadow price is 0
it means you are not willing to pay for an extra unit of the constraint
28
when shadow price is non-zero
typically you are willing to pay extra cuz the constraint is binding
29
when do you use automatic scaling?
only when small number x very large number
30