1 / 13

Advanced Operations Research

Advanced Operations Research. Reference : Operations Research Models and Methods , Jenson and Bard, 2002. Introduction to Operations Research , Hillier and Lieberman, 9/e, 2010 Topics : Linear Programming Network Programming Integer Programming Nonlinear Programming

rbillingsley
Download Presentation

Advanced Operations Research

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Advanced Operations Research Reference: Operations Research Models and Methods, Jenson and Bard, 2002. Introduction to Operations Research, Hillier and Lieberman, 9/e, 2010 Topics: Linear Programming Network Programming Integer Programming Nonlinear Programming Grading: Midterm 40%, Final 40%, Homework 20%

  2. The OR Process

  3. What is OR? • It is a Process • It assists Decision Makers • It has a set of Tools • It is applicable in many Situations

  4. The Process: Recognize the Problem • Manufacturing • Planning • Design • Scheduling • Dealing with Defects • Dealing with Variability • Dealing with Inventory • …

  5. Other applications • Service Industries • Logistics • Transportation • Environment • Health Care • Situations with complexity • Situations with uncertainty

  6. Define the problem Delimit the system Select measures Determine variables Identify constraints Formulate the Problem

  7. Construct a Model • Math. Programming Model • Stochastic Model • Statistical Model • Simulation Model

  8. Find a Solution • Linear Programming • Nonlinear Programming • Regression • Direct Search • Stochastic Optimization • Trial and Error

  9. Establish a Procedure • How the solution is derived?

  10. Implement the Solution • How the real world situation is resolved.

  11. The Goal is to Solve the Problem • The model must be valid • The model must be tractable • The solution must be useful

  12. Operations Research/Management Science OR/MS Professionals aim to provide rational bases for decision making by seeking to understand and structure complex situations and to use this understanding to predict system behavior and improve system performance. Much of this work is done using analytical and numerical techniques to develop and manipulate mathematical and computer models of organizational systems composed of people, machines, and procedures. INstitute For Operations Research and the Management Sciences (INFORMS)

  13. Real World Situation, Problems, Models and Methods

More Related