Question: Describe the guiding steps to create spreadsheet model and explain why they serve as useful for building Spreadsheet Models: 1 Write the LP out on

Describe the guiding steps to create spreadsheet model and explain why they serve as useful for building Spreadsheet Models:

1 Write the LP out on paper, with all constraints and the objective function. 2 Decide on cells to represent variables. 3 Enter coefficients of each variable in each constraint in a block of cells. 4 Compute amount of each constraint being used by current solution. 5 Place inequalities in sheet, so you remember <=, >= 6 Enter amount of each constraint 7 Enter objective coefficients 8 Calculate value of objective function 9 Make sure you have plenty of labels. 10 Widen columns for readability.

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