What is the distinction between the optimal solution for a decision model and the best possible solution

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What is the distinction between the optimal solution for a decision model and the best possible solution for the real problem?

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Introduction To Management Science and Business Analytics A Modeling And Case Studies Approach With Spreadsheets

ISBN: 9781260716290

7th Edition

Authors: Frederick S. Hillier, Mark S. Hillier

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Question Posted: Mar 02, 2023 02:06 AM

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What is the distinction between the optimal solution for a decision model and the best possible solution

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An optimal solution is the best feasible solution according t...View the full answer

Introduction To Management Science and Business Analytics A Modeling And Case Studies Approach With Spreadsheets

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