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Nonlinear Programming: Tiered Profit Problem Solved in Excel (GRG Nonlinear Solver)
22:06
YouTubeArvind Prasad
Nonlinear Programming: Tiered Profit Problem Solved in Excel (GRG Nonlinear Solver)
In this video, I walk you through solving a tiered profit problem using nonlinear programming techniques in Excel. The scenario involves a product with different profit margins depending on the number of units sold: For product 1 • 💵 $500 profit per unit for the first 15 units • 💵 $60 profit per unit for units sold beyond 15 Product 2 ...
4 days ago
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