Explain the primary differences between a software packages such as QM for windows and excel spreadsheet for solving linear programing problems.
The primary differences between a software packages such as QM for windows and excel spreadsheet for solving linear programming problems, are following:
- Software packages such as QM for Windows have ready made models, which only requires parameters to be specified, whereas models have to manually prepared while using Excel spreadsheet.
- QM for Windows uses Macros to modify the model at the click of a button, whereas modification has to be done manually by adding or deleting rows/columns/cells while using excel spreadsheet.
- QM for windows standard template, whereas user has to design their templates while using excel spreadsheet.
- QM for windows provides scalable models, on the other hand, user has to create separate model for each problem of different magnitude while using excel spreadsheet
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