Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Use of Computer Systems in Linear Programming
When a computer is to be used for linear programming there are a number of steps:
(1) Development of the equations which describe the system;
(2) Set up the matrix and some packages include a matrix generator which allows the data to be specified in a form suitable for the use with the package, converting it to the form required for the application of the mathematical techniques. The input program should include routines for checking the data and provide comprehensive and understandable error messages.
(3) Production of the solution; some packages can run in either batch or interactive mode, the former being more appropriate with large problems where the time required to reach a solution is fairly long. Since the size of the matrix grows rapidly as the number of constraints and variables increases, potential users need to investigate that the limitations imposed by the package and the hardware on which it runs are not such as to restrict their problem formulation.
(4) Output of the results in a form suitable for the user; again many packages include a report writer. Users may require the facility to examine the results and possibly modify some of the constraints prior to selecting a set of printed reports.
A package must also:
(a) Include facilities for saving program files for use in later runs
(b) Allow sensitivity analysis to be carried out.
After going through this section, you must be capable to: Know the concept and characteristics of working capital; Identify with the difference among net working capital
State the steps for Standard costing system standard costing system involves the following steps 1) Setting-up of standards for each element of cost: standards should be s
Select Appropriate Alternative Courses of Action In practice, decision-making includes choosing among competing alternative courses of action and choosing the alternative which
Kibble Company had the following functional income statement for the month of July 2011: Kibble Company Functional Income Statement For the Month Ending July 31, 2011 Sales ($40 x
Advantages of participatory budgets Information from employees most recognizable with each unit’s needs and constraints is included. Knowledge spread amongst numerous lev
Application of Transportation Model In the direct logic, the transportation model looks for the determination of a transportation plan of a particular commodity from a number o
Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4
Explain performance budgeting according to seal and summers According to seal and summers performance budgeting comprises three elements: a) The result (final outcome)
A firm wants to buy a new machine and the following quotation has been received. Cost of machine US$100 000 Freight and insurance US$5 000 The new machine will last for five
The Nature of Accounting Accounting is process of recording, analyzing, summarizing, and interpreting financial (money-related) activities to allow individuals as well as org
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd