I’m trying to study for my Management course and I need some help to understand this question.
Option A: Go to Solver.com, and select any TWO of these links. Read the description of the problem, download the file, look at the file and try to understand how it is set up to model the problem, successfully run Solver (it will not require you to do any data entry, just selecting Solver and run), and look over the results. Then write 1 paragraph for the EACH of the two examples in your own words describing it as you would describe it to a classmate, explaining what the model did and how.
https://www.solver.com/allocation-problem-1-single…https://www.solver.com/allocation-problem-2-multi-… (harder, start with previous)
https://www.solver.com/blending-problem-1-single-p…
https://www.solver.com/blending-problem-2-multi-pe… (harder, start with previous)
https://www.solver.com/process-selection
https://www.solver.com/cutting-stock
https://www.solver.com/transportation-problem-1
https://www.solver.com/transportation-problem-2 (harder, start with previous)
https://www.solver.com/transportation-problem-3 (hardest, start with previous)
https://www.solver.com/capital-budgeting-1
https://www.solver.com/product-mix-problem
https://www.solver.com/contract-awards-1
https://www.solver.com/contract-awards-2 (harder, start with previous)