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Data Preparation: The Importance of This Step
Data Preparation: The Importance of This Step
Data Preparation
Data :- refer to the values of the uncontrollable inputs to the model.
- If the required data are few and available, model development and data preparation will be
combined in just only one step.
- If the required data are not available the management scientist will use general notation for
the model.
3. Model Solution
In this step, the analyst will attempt to find the Optimal Solution which is the values of the
decision variables that provide the best output for the model.
How ?!
- One solution approach is trial-and-error.
One approach in which the model is used to test and evaluate various decision alternatives.
Note :-
If the alternative does not satisfy all of the model constraints, it is rejected as being
infeasible, regardless of the objective function value.
If the alternative satisfies all of the model constraints, it is feasible and a candidate for the
best solution.
Model testing and validation are frequently conducted with relatively small test problems
that have known or expected solutions.
If the model generates expected solutions, use the model on the full-scale problem.