This 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.
Lernziel
- 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
Inhalt
The 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.
Skript
A printed script will be made available.
Literatur
Any standard textbook in Operations Research is a useful complement to the course.
Voraussetzungen / Besonderes
Undergraduate calculus, linear algebra, probability and statistics are a prerequisite.
Leistungskontrolle
Information zur Leistungskontrolle (gültig bis die Lerneinheit neu gelesen wird)