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Binary Integer LP – Capital Budgeting – Formulation + Solution
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This video shows how to formulate a binary integer problem and solve in Excel.
00:00 Intro
00:33 Defining Decision Variables
00:55 Objective Function
01:07 Budget Constraints
02:45 Logical Constraints
03:59 Setting up for Solver in Excel
07:10 Activating Solver in Excel
07:29 Using Solver to Solve the model
00:00 Intro
00:33 Defining Decision Variables
00:55 Objective Function
01:07 Budget Constraints
02:45 Logical Constraints
03:59 Setting up for Solver in Excel
07:10 Activating Solver in Excel
07:29 Using Solver to Solve the model
Binary Integer LP – Capital Budgeting – Formulation + Solution
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