Archivo de Etiquetas (Tags) | excel

How to Solve a Linear Programming model with OpenSolver

opensolver model

OpenSolver is a great Excel Add-in that solves optimization models. The following article will describe how to solve a Linear Programming model using this tool (first you must Download and install OpenSolver in Excel). For educational purposes we will consider a linear programming model with two decision variables and four constraints, nevertheless you can easily extend […]

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Production and Inventory Problem solved using Solver in Excel

production and inventory problem

Linear Programming allows us to tackle various real life problems, some of which we have already gone over in previous articles, such as the Transportation Problem, the Product Mix Problem and the Diet Problem. In the following article we will analyze a different classic application known as the Production Inventory Problem. This problem is essentially […]

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Formulating and Solving a Capacity Allocation Problem of a Plane

Operating for Cubana. YYZ.

The passenger transport industry faces the problem of determining how to efficiently allocate transportation capacity when offering different prices or fees to their customers for a specific route. This is why they must consider sales revenues associated with each type of rate, estimated customer demand for such fees and the capacity of the transport in […]

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