• Problem Formulation (Modeling): 1)Define the decision variables. 2) Write and explain the objective function. 3) Identify and explain all objective
function coefficients (cj).
Identify and explain all constraints, which includes:
▪ Identifying and explaining all right-hand side values (bi).
▪ Identifying and explaining any other supporting data, if available.
• Problem Solution: Using Microsoft Excel Solver or Lingo, generate:
o An optimal solution for the problem and,
o The sensitivity report, if needed.

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