MODELING OPTIMIZATION PROBLEMS IN THE UNSTRUCTURED WORLD OF SPREADSHEETS

Citation
Dg. Conway et Ct. Ragsdale, MODELING OPTIMIZATION PROBLEMS IN THE UNSTRUCTURED WORLD OF SPREADSHEETS, Omega, 25(3), 1997, pp. 313-322
Citations number
12
Categorie Soggetti
Management,"Operatione Research & Management Science","Operatione Research & Management Science
Journal title
OmegaACNP
ISSN journal
03050483
Volume
25
Issue
3
Year of publication
1997
Pages
313 - 322
Database
ISI
SICI code
0305-0483(1997)25:3<313:MOPITU>2.0.ZU;2-7
Abstract
Electronic spreadsheets are the most common software tool managers use to analyze data and model quantitative problems. Increasingly, these software packages are being used in introductory OR/MS courses to intr oduce students to a variety of quantitative modeling tools, Because sp readsheets are inherently free-form, they impose no particular guideli nes or structure on the way problems may be modeled, Thus, academics a nd practitioners accustomed to solving problems using very structured, dedicated OR/MS software packages are facing the challenge of dealing with these problems in the unstructured spreadsheet environment where there is often a variety of ways to implement and solve the same prob lem, This challenge is particularly acute in the case of optimization problems, Some are responding to this challenge by devising rules for implementing models that impose an artificial structure on spreadsheet s, sometimes resembling the operation of dedicated OR/MS optimization packages, This paper offers a critique of this approach and provides s ome guidelines we believe to be more helpful in creating effective spr eadsheet models for optimization problems. (C) 1997 Elsevier Science L td.