{"id":132077,"date":"2023-08-19T16:59:16","date_gmt":"2023-08-19T16:59:16","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/journal-entry-models-with-integer-variables\/"},"modified":"2023-08-19T16:59:16","modified_gmt":"2023-08-19T16:59:16","slug":"journal-entry-models-with-integer-variables","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/journal-entry-models-with-integer-variables\/","title":{"rendered":"Journal entry-models with integer variables"},"content":{"rendered":"<div>\n<p>Please answer the following questions in your journal:<\/p>\n<ol>\n<li>In this module, you looked at models with integer variables. Please describe an example of a problem for which these models would be appropriate.<\/li>\n<\/ol>\n<h2>M5 &#8211; Models with Integer Variables<\/h2>\n<p>The difference between Linear Programming (LP) models (of previous chapters) and Integer Programming (IP) models (of this chapter) is that the changing cells are constrained to binary values (0 or 1) or integer positive values (0, 1, 2, 3 &#8230;. ).\u00a0 This simple difference requires changing\u00a0 the mathematical solution method from the &#8220;Simplex technique&#8221; to other methods such as the &#8220;Branch and Bound&#8221; Algorithm.\u00a0 Read the textbook\u00a0sections through\u00a06.2 to understand the effects of changing the solution method on using Excel&#8217;s Solver tool.<\/p>\n<p>Read the\u00a0remaining sections of\u00a0Chapter 6\u00a0which detail the following IP models:<\/p>\n<ul>\n<li>6.3 Capital Budgeting Models;<\/li>\n<li>6.4 Fixed Cost Models;\u00a0<\/li>\n<li>6.5 Set Covering and Location-Assignment Models; and<\/li>\n<li>6.6 Cutting Stock Models.<\/li>\n<\/ul>\n<p>Section 6.3 has the associated video <a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/www.cengage.com\/decisionsciences\/book_content\/albright_9781305250901\/video\/video.html?asset=capital_budgeting_model\">Capital Budget Funding Model<\/a><img loading=\"lazy\" decoding=\"async\" alt=\"Opens in a new window\" src=\"https:\/\/moodle.esc.edu\/pluginfile.php\/3981659\/mod_page\/content\/7\/new%20window%20picture.gif\" width=\"11\" height=\"11\"\/>, Section 6.4 the associated video <a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/www.cengage.com\/decisionsciences\/book_content\/albright_9781305250901\/video\/video.html?asset=fixed_cost_manufacturing_model\">Fixed Cost Manufacturing Model<\/a><img loading=\"lazy\" decoding=\"async\" alt=\"Opens in a new window\" src=\"https:\/\/moodle.esc.edu\/pluginfile.php\/3981659\/mod_page\/content\/7\/new%20window%20picture.gif\" width=\"11\" height=\"11\"\/>, and Section 6.5 the associated video <a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/www.cengage.com\/decisionsciences\/book_content\/albright_9781305250901\/video\/video.html?asset=locating_hubs_model\">Location Hubs Model<\/a><img loading=\"lazy\" decoding=\"async\" alt=\"Opens in a new window\" src=\"https:\/\/moodle.esc.edu\/pluginfile.php\/3981659\/mod_page\/content\/7\/new%20window%20picture.gif\" width=\"11\" height=\"11\"\/>. You may find this videos helpful in understanding the material.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Please answer the following questions in your journal: In this module, you looked at models with integer variables. Please describe an example of a problem for which these models would be appropriate. M5 &#8211; Models with Integer Variables The difference between Linear Programming (LP) models (of previous chapters) and Integer Programming (IP) models (of this [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-132077","post","type-post","status-publish","format-standard","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/132077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=132077"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/132077\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=132077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=132077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=132077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}