Terms
based on the fact that the number of standard or deluxe bags produced cannot be negative
Nonnegativity constraints
holds as an equality at the optimal solution
Binding constraint
What does a non-negativity constraint do
What function is used to find the Breakeven point
Goal Seek
Who is CSUF's mascot
Tuffy!
a set of mathematical relationships
Mathematical model
each less-than-or-equal-to constraint indicates the difference between the left-hand and right-hand values for a constrain
Slack value
F4 or $
What is business analytics
-Scientific process of transforming data into insight for making better decisions
-Used for data-driven or fact-based decision making, which is often seen as
more objective than other alternatives for decision making
10
How did CSUF get their mascot
an Elephant race
a setting of the decision variables that satisfies all of the constraints of the problem
Feasible solution
by adding _____ we can make the constraint equality
Slack variable
What is the main tool used to solve Linear Optimization problems
Solver
What are the three types of analytics
Descriptive Analytics, Predictive Analytics, & Prescriptive
What is the brightest star in the night sky
Sirius
a set of all possible solutions
Feasible region
The function that will be maximized or minimized
Objective function
Simplex LP
what does a r = 1 mean
Perfect positive relationship
How many hearts do Octopus have?
3
where constraints intersect on the boundary of the feasible region
Extreme points
set of restrictions
Constraints
Under what tab is Solver
Data
The facts and figures collected, analyzed, and summarized for presentation
and interpretation
Data
Who is said to have invented the Sandwich
John Montagu the 4th Earl of Sandwich