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Computers and Technology, 30.03.2020 16:58 tasphipps
PART C: Answer only 1 of the questions C.1 – C.2. Do not answer additional questions. This part is worth 55% of the exam.
C.1. Outline the structure of an input-output model (including assumptions about supply and demand). What is an inverse matrix? Why is inverting a matrix significant in terms of input-output analysis?
C.2. Describe a Linear Programming (LP) Problem. Specifically, describe (you can use an example):
- Primal Linear Programming Problem
- Dual Linear Programming Problem
- Interpretation of the Primal Linear Programming Problem
- Interpretation of the Dual Linear Programming Problem
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