Overview of Week 11
Math 407 Section A, December 3, 2012
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Reading Assignment:
- Course notes:Section 6: pages 11-13:
Due Wednesday, Nov 21.
- Course notes:Section 6: pages 13-14:
Due Monday, Nov 26.
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Homework Assignment:
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Vocabulary List:
- Section 6:
- The block structured matrix interpretation of simplex pivoting
- tableau approach to sensitivity analysis (block matrix structure)
- break-even price
- reduced cost
- marginal values
- shadow prices
- objective coefficient range
- right hand side (or resource) range
- pricing out
- the fundamental theorem on sensitivity analysis
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Key Concepts:
- Section 6:
- The block structured matrix interpretation of simplex pivoting
- tableau approach to sensitivity analysis
- Range analysis (cost coefficients and right hand sides)
- Pricing out
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Skills to Master:
- Apply the dual simplex algorithm
- computing break-even prices
- computing ranges (cost coefficients and right-hand sides)
- pricing out a new activity
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Make-Up Quiz:
Friday, December 7
- This quiz is only for those who have submitted documentation for an excused
absence from one of the previous quizzes this term. It will be given in the final
15 minutes of class on Friday, December 7.
The first question will either be a vocabulary word from Section 6 or one of the
models 1-25. The second question will be a sensitivity analysis question
involving range analysis tools as well as pricing out.
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Final Exam:
Monday, December 10, 8:30-10:20am