As the title suggests, I have a problem in which I need to formulate an LP model. I'm supposed to work in Excel and use the Solver Add-in feature.<BR><BR>I've done several other problems already, but ...

An optimization problem is one where you have to make the best decision (choose the best investments, minimize your company’s costs, find the class schedule with the fewest morning classes, or so on).

Deciding how best to use limited resources is a universal issue that spares no individual or business. In today’s competitive quarter-to quarter environment, it’s critically important to your ...

A group of researchers at the Massachusetts Institute of Technology have devised a potentially more effective way of helping computers solve some of the toughest optimization problems they face. Their ...