Linear And Nonlinear Programming In Manufacturing
Price
Free (open access)
Transaction
Volume
67
Pages
8
Published
2003
Size
345 kb
Paper DOI
10.2495/OP030161
Copyright
WIT Press
Author(s)
W. Conley
Abstract
Linear and nonlinear programming in manufacturing W. Conley Departments of Business Administration and Mathematics University of Wisconsin at Green Bay, U.S.A. Abstract Linear programming has been the dominant business and industrial multivariate optimization techque for the first fifty years of the computer age. However, computers are now powerful enough and so ubiquitous that new solution techniques such as multi stage Monte Carlo optimization (MSMCO), that make more intensive use of the computer, and work on linear and nonlinear problems are becoming attractive for applications. Examples include designing products, so that they are cheaper to ship. Presented here as illustrations will be three business examples. The first will be a classic linear programming product mix problem that will be solved by the simplex technique and also with MSMCO. Then a more difficult problem will be solved featuring MSMCO. It consists of makmg an auto sub assembly consisting of fifty parts that are available
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