Non linear programming optimization (which package to use?)
Jerome Chong <jeromechong <at> gmail.com> writes:
Hello, 1) Is there any nonlinear programming optmizer that I can user for the following problem? Obj function: (max) revenue = price * volume Constraints: price and volume pair must be from the following variable data
set:
Variable data set: # price volume 1 10 500 2 20 450 3 30 330 4 40 250 5 50 190 Expected result: 10,000 (variable row#4) 2) Could it also be possible for the suggested non-linear programming optimizer to accept formula (done with regression) and use it for optimization purpose? If so, how? Example: Fitted to: revenue = -700price^2 + 5200price + 780 Subject to: price range between 10 to 50 Thanks, Jerome
You are confused. That is not an nonlinear programming problem. You can just run through the data set and pick the largest product. Erwin ---------------------------------------------------------------- Erwin Kalvelagen Amsterdam Optimization Modeling Group erwin at amsterdamoptimization.com http://amsterdamoptimization.com