Explain the importance of correctly stating the objective function

Question # 00714599 Posted By: dr.tony Updated on: 01/21/2019 11:11 AM Due on: 01/21/2019
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1. Explain the importance of correctly stating the objective function and constraints in linear optimization problems. Using examples from your professional experience, describe the problems that could result if the objective function and constraints are not stated properly. Why did these problems arise? 

 

2.  Describe a workforce scheduling, a blending, and a logistics problem facing your current organization or industry. What is being optimized in each of your examples and why? How do linear optimization techniques differ from decision tree analysis? Which are more applicable to the examples you identified? Support your response with rationale from the readings. 

 

Please complete in APA format and include citations.

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