Stephan Bütikofer van Oordt: Catalogue data in Autumn Semester 2018

Name Dr. Stephan Bütikofer van Oordt
E-mailstephbue@ethz.ch
DepartmentManagement, Technology, and Economics
RelationshipLecturer

NumberTitleECTSHoursLecturers
363-1004-00LOperations Research3 credits2GM. Laumanns, S. Bütikofer van Oordt
AbstractThis course provides an introduction to operations research methods in the fields of management science and economics. Requisite mathematical concepts are introduced with a practical, problem-solving perspective.
Objective- Introduction to building and using quantitative models in a business / industrial environment
- Introduction to basic optimization techniques (Linear Programming and extensions, network flows, integer programming, dynamic and stochastic optimization)
- Understanding the integration of quantitative models into the managerial decision process
ContentThe following topics are covered: Systems and models, linear models and the importance of linear programming, duality theory and shadow prices, integer programming, optimization under uncertainty and applications in inventory management.
Lecture notesA printed script will be made available.
LiteratureAny standard textbook in Operations Research is a useful complement to the course.
Prerequisites / NoticeUndergraduate calculus, linear algebra, probability and statistics are a prerequisite.