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Using LINGO for Business Students

Author

Listed:
  • David M. Tulett

    (Memorial University of Newfoundland)

  • Ginger Y. Ke

    (Memorial University of Newfoundland)

Abstract

For business majors doing a survey course involving linear, integer, and possibly non-linear optimization, it is quite common to use the Solver in Excel for solving optimization models. In addition to this, or even indeed instead of doing this, we propose using optimization software which closely mimics the structure of the underlying algebraic model. For this, we suggest LINGO, not with the use of sets, but alternatively using only a basic set of commands, which is called scalar mode. We argue that this is simpler than using a solver add-in for Excel. Also, we argue that scalar mode in LINGO is much simpler than LINGO with the definition of sets, because the students do not have to learn and apply several concepts needed in order to apply the sets approach. We also give an example of when the transition to sets would be appropriate.

Suggested Citation

  • David M. Tulett & Ginger Y. Ke, 2023. "Using LINGO for Business Students," SN Operations Research Forum, Springer, vol. 4(1), pages 1-21, March.
    • Handle: RePEc:spr:snopef:v:4:y:2023:i:1:d:10.1007_s43069-022-00184-2
    DOI: 10.1007/s43069-022-00184-2
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    References listed on IDEAS

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    1. James R. Evans, 2008. "Teaching Note ---Some Practical Issues with Excel Solver: Lessons for Students and Instructors," INFORMS Transactions on Education, INFORMS, vol. 8(2), pages 89-95, January.
    2. Stephen G. Powell, 2001. "Teaching Modeling in Management Science," INFORMS Transactions on Education, INFORMS, vol. 1(2), pages 62-67, January.
    3. Denise Sakai Troxell, 2002. "Optimization Software Pitfalls: Raising Awareness in the Classroom," INFORMS Transactions on Education, INFORMS, vol. 2(2), pages 40-46, January.
    4. Matthew J. Liberatore & Robert L. Nydick, 1999. "The Teachers' Forum: Breaking the Mold—A New Approach to Teaching the First MBA Course in Management Science," Interfaces, INFORMS, vol. 29(4), pages 99-116, August.
    5. Dessislava Pachamanova, 2006. "Introducing Integer Modeling with Excel Solver," INFORMS Transactions on Education, INFORMS, vol. 7(1), pages 88-98, September.
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