In any optimization model such as those in this chapter, we say that the model is unbounded

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In any optimization model such as those in this chapter, we say that the model is unbounded (and Solver will indicate as such) if there is no limit to the value of the objective. For example, if the objectiveis profit, then for any dollar value, no matter how large, there is a feasible solution with profit at least this large. In the real world, why are there never any unbounded models? If you run Solver on a modeland get an "unbounded" message, what should you do?
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Business Analytics Data Analysis And Decision Making

ISBN: 1209

6th Edition

Authors: S. Christian Albright, Wayne L. Winston

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