End-user optimization with spreadsheet models

Asim Roy, Leon Lasdon, Donald Plane

Research output: Contribution to journalArticle

14 Scopus citations

Abstract

End-user optimization is becoming more widespread. Current software coupling optimization with spreadsheet systems now makes it possible for a user without a mathematical background to develop useful and substantive decision support tools utilizing mathematical programming. This paper briefly compares three existing spreadsheet optimization systems, and describes industrial and educational experience with one, ifps/Optimum. Problems encountered in using such systems are also described.

Original languageEnglish (US)
Pages (from-to)131-137
Number of pages7
JournalEuropean Journal of Operational Research
Volume39
Issue number2
DOIs
StatePublished - Mar 24 1989

Keywords

  • Decision
  • finance optimization
  • linear programming
  • mathematical programming
  • nonlinear programming
  • planning
  • practice

ASJC Scopus subject areas

  • Computer Science(all)
  • Modeling and Simulation
  • Management Science and Operations Research
  • Information Systems and Management

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