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NMGT-8510 Operations Research Models (QM 710)

Contributing Scholar - Jonathan F. Bard, University of Texas at Austin

 

3 Semester Credit Hours

 

Course Description

 

This is a survey course designed to introduce students to both deterministic and stochastic models used to help managers make more informed decisions. It provides the foundations for more intensive study in such fields as industrial engineering, transportation, computer science and business. The scope is broad, and because the material is introductory in nature, it is suitable for graduate students with varied technical backgrounds.

 

 

Prerequisites

 

  • Differential calculus
  • Basic Understanding of linear algebra and matrix operations
  • Introductory course in probability and statistics

 

Course Ojectives

 

Students will:

 

  • Become knowledgeable in the problem solving process
  • Learn how to develop mathematical models for analyzing industrial-socio-economic systems
  • Learn the differences between deterministic and stochastic models and the uses of each
  • Gain an appreciation for the strengths and weaknesses of the various analytic techniques that are used in strategic planning and systems design
  • Understand the level of difficulty associated with solving real-world problems
  • Learn how to use modern software tools to solve manufacturing, scheduling, network design, engineering design, reliability, and queuing problems

 

Course Topics

 

  • Operations research
  • Linear programming
  • Classic linear programming examples
  • Network flow programming
  • Integer programming
  • Staff scheduling at the USPS mail procressing distribution centers 
  • Nonlinear programming models
  • Introduction to probability
  • Stochastic processes
  • Discrete-time Markov chains
  • Queuing systems
  • Queuing networks

 

Technical Requirements

Access to simulation software such as Automod or Extend6 is helpful. You will be required to have Windows Media Player to view the lectures. For the standard technical requirements, please go to the link below: http://www.waldenu.edu/c/Files/DocsGeneral/Getting_Started_Guide.pdf

 

Textbook

Required: Jensen, P. and Bard, J. F., 2003, Operations Research: Models and Method, John Wiley & Sons, New York; Software - Excel add-ins that come with textbook.

 

Disclaimer: The course syllabus may differ slightly from this course.  Descriptions will be provided in your online course. Textbook information is provided only to give more information about the course. Do Not use this information to purchase a textbook. Up-to-date information will be provided when you register.




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