Excel Business Analytics Free Course - Forecasting, Linear Programming, Simulation & more. - Basic Excel Business Analytics #57: Intro To Linear Programming using Algebra, Pencil & Paper

Download files: https://people.highline.edu/mgirvin/AllClasses/348/348/AllFilesBI348Analytics.htm Learn: 1) (00:10) Intro To Linear Programming 2) (04:12) Use Liner Algebra and the Graphing Method on paper to solve Manufacturing problem where we try to maximize contribution Margin give a set of constraints. 3) (06:02) List parameters (Formula Inputs) and Decision Variables 4) (09:07) List Math Model: Objective Function and Constraint Functions: All are Linear Equations/Inequalities. 5) (15:08) Graph Linear Inequalities. 6) (21:50) Feasible Region and vertices (extreme points) will yield our Optimal Solution. 7) (26:35) Summary Download Excel File Not: After clicking on link, Use Ctrl + F (Find) and search for “Highline BI 348 Class” or for the file name as seen at the beginning of the video.