Updated Optimization Algorithm
Due to updates to the optimization algorithm, the following content in the Crystal Ball Reference and Examples Guide changes as follows:
Product Mix OptQuest Solution Topic (OptQuest Examples and Reference/OptQuest Examples/Product Mix/Product Mix OptQuest Solution)
The optimal value of $16,759.81 is changed to $26,296.14.
Existing text:
Figure 79 shows the OptQuest solution. The optimal 5th percentile of operating profit is $16,759.81, obtained by producing 1,039 pounds of bratwurst, 715 pounds of Italian sausage,877 pounds of pepperoni, 1,377 pounds of Polish sausage, and 985 pounds of summer sausage.
Updated text:
Figure 79 shows the OptQuest solution. The optimal 5th percentile of operating profit is $26,296.14, obtained by producing 1,039 pounds of bratwurst, 715 pounds of Italian sausage,877 pounds of pepperoni, 1,377 pounds of Polish sausage, and 985 pounds of summer sausage.
Updated Figure 79:
Multiobjective Optimization OptQuest Solution Topic (OptQuest Examples and Reference/Portfolio Revisited/Portfolio Revisited Method 2: Multiobjective Optimization/Multiobjective Optimization OptQuest Solution)
The value $31,100.44 is changed to $3,077.21.
Existing text:
The results are displayed in Figure 96. Mean minus std dev is maximized at $3,100.44 and fund values are as follows:
Updated text:
The results are displayed in Figure 96. Mean minus std dev is maximized at $3,077.21 and fund values are as follows:
Updated Figure 96:
Last Published Wednesday, October 5, 2022