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Optimization Modeling with LINGO
 
 
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Optimization Modeling with LINGO [Paperback]

Linus Schrage (Author)
3.0 out of 5 stars  See all reviews (2 customer reviews)

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Book Description

January 1, 1999
A comprehensive textbook on optimization modeling using the LINGO software. The textbook contains information that takes the reader from beginning optimization concepts to advanced modeling techniques with a liberal use of examples to illustrate. Application discussion topics include Product Mix, Staffing, Cutting Stock, Networks, Multi-period Planning, Blending, Integer Programming, Decision Making Under Uncertainty & Stochastic Programs, Portfolio Optimization, Inventory & Lotsizing, and more. Includes student versions of the LINDO, LINGO, and What'sBest! software.

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Editorial Reviews

About the Author

Linus Schrage received his Ph.d. in Operations Research from Cornell University.

Currently a Professor of Production and Operations Management at the Graduate School of Business at the University of Chicago, he has been a professor or visiting professor at Stanford University, Pontificia Universidade Catolica of Rio de Janeiro, UCLA, and Universite Catholique de Louvain of Belgium.

After developing the LINDO linear programming software package in 1977, he founded LINDO Systems, Inc. in 1980. He was a key player in the development of the GINO software package for nonlinear programming in 1983, as well as, the spreadsheet optimizer that lead to the widely used What'sBest! spreadsheet optimizer in 1984. Today, he continues to assist in the development of the LINDO, LINGO, and What'sBest! software products.


Product Details

  • Paperback: 534 pages
  • Publisher: Lindo Systems; 5 edition (January 1, 1999)
  • Language: English
  • ISBN-10: 1893355004
  • ISBN-13: 978-1893355002
  • Product Dimensions: 8.9 x 7.5 x 1.6 inches
  • Shipping Weight: 2.7 pounds (View shipping rates and policies)
  • Average Customer Review: 3.0 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #1,354,480 in Books (See Top 100 in Books)

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10 of 11 people found the following review helpful:
5.0 out of 5 stars A comprehensive treatment of optimization applications., April 20, 1999
This review is from: Optimization Modeling with LINGO (Paperback)
I have used this book in a course that I taught on Optimization applications. The students like the wide range of realistic examples in the book. The resulting models are linear and nonlinear, with both continuous and integer-valued variables. For many applications in distribution, finance, and production, some of the template models can be used almost "off-the-shelf". For complicated applications, sophisticated students can use the modeling language to create new applications. The powerful spreadsheet interface is very useful for retrieving data from and inserting optimized results into spreadsheets. The software that accompanies the book is state-of-the art.
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0 of 2 people found the following review helpful:
1.0 out of 5 stars Wrong tool for the job, April 5, 2011
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This review is from: Optimization Modeling with LINGO (Paperback)
LINGO is a proprietary language with limited industry adoption. A better strategy would be to learn something like OPL, which is backed by IBM and has a much broader base of support. The OPL Optimization Programming Language
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Inside This Book (learn more)
First Sentence:
Mathematical programming, or constrained optimization, or math programming for short, is a mathematical procedure for determining optimal allocation of scarce resources. Read the first page
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Variable Value Reduced Cost, Row Slack, Surplus Dual Price, New York, Increase Decrease, Los Angeles, Depart Arrive, America West, New Trier, Example Suppose, Side Ranges Row Current Allowable Allowable, Alaska Airlines, General Motors, Indiana Flange, Log Output, Cabernet Sauvignon, Foster City, San Diego, Solar Widget, Sonoma County, Sport Obermeyer, Critical Path Method, Flight Origin Dest, Shift Hour Pieces
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