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For questions related to the simplex method for linear programming (LP), which solves LPs optimally by moving iteratively from in corner point of the feasible region to a better one.

7 votes
1 answer
1k views

Linear Programming: Integer and non-integer decision variables

$q_t$: Quantity in time $t$ $i_t$: Inventory in time $t$ If I implement this problem in Excel and solve it with the Excel Solver (setting $z_t$ binary and $q_t, i_t$ integers and using the Simplex-LP) … Is the Excel Solver applying some sort of Branch and Bound to find the optimal solution to such problems or what kind of algorithm in addition to the Simplex-LP does Excel Solver use? …
coar's user avatar
  • 153
7 votes
1 answer
7k views

Interpretation of Reduced Costs

I am looking for an answer to a question I can't quite get behind. (continuation of Linear Programming: Integer and non-integer decision variables) I am given the following mathematical optimization p …
coar's user avatar
  • 153