Question: The class is called Quantitative Methodologies. This week's topic of discussion is: Introduction to Linear Programming, Sensitivity Analysis, and Interpretation of Solutions Here is the
The class is called Quantitative Methodologies.
This week's topic of discussion is: Introduction to Linear Programming, Sensitivity Analysis, and Interpretation of Solutions
Here is the question:
Until now, the class has learned about forecasting models and this week introduced optimization models. Why should we solve a linear programming problem to find an optimal solution (prediction) instead of building a regression/forecasting model?
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