Operational Research


Emphasis will be given to linear programming, mathematical modelling, algorithmic solution methodologies, and presentation of modern applications of decision making in the technology sector. Also, several optimization software packages (e.g., AMPL, POM-QM for Windows, and Excel Solver), will be presented too.

Objectives

not available

Prerequisites

not available

Syllabus

The course covers the following topics: The role of operational research in decision making. Introduction to problem modeling and the basic principles of linear programming, Graphical solution procedure of a linear model & special cases, linear programming applications – case studies, optimization software packages (e.g., AMPL, POM-QM for Windows, Excel Solver), the Simplex algorithm, duality theory and economic interpretation, sensitivity analysis. The transportation problem and its applications in practice.

COURSE DETAILS

Level:

Type:

Undergraduate

(A+)

Instructors: Angelo Sifaleras
Department: Applied Informatics
Institution: University of Macedonia
Subject: Economics and Business Administration
Rights: Attribution - ShareAlike CC BY-SA

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