Write 400-600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.
The 100% rule is used in decision modeling to determine whether or not a change in project constraints or variables will affect the outcome of a decision. Under the 100% rule, any combination changes can occur without a change in the solution, as long as the total percentage deviation from the coordinate extremes does not exceed 100%.
Large companies are constantly making changes to projects and frequently use the 100% rule to compare simultaneous changes and how they will impact the bottom line. Now, take into account a small company with less than 50 employees, and describe how a smaller organization could benefit from utilizing the 100% rule.
- Describe how a smaller company could benefit from utilizing the 100% rule.
- In your opinion, would it be effective for smaller organizations to utilize this rule?
- Can the coefficient of a decision making variable change while the optimal point remains the same?
- Does the feasible region change?
- Can RHS value of a constraint be changed?
- Does the feasible region change?
- Can OFC values be changed?