The Operations Research approach to Modeling. Formulation of Operations Research problems and case studies. Linear Programming: Analysis of Linear Programming (LP) problems. Graphical solution of LP problems. Solving LP problems with the Simplex method. Solving LP problems using computational packages. Marginal variables. Duality Theory and its interpretation. Sensitivity analysis. The Transportation problem. The problem of designing and controlling business plans with or without limited resources. Integer programming: Integer programming problems. Decision Control: Decision control under uncertainty. Decision criteria. Decision trees. Inventory control: Inventory control – management. Optimal size and reorder point with or without demand uncertainty. Queueing Theory. Service systems with arbitrary input and service time distributions and one or more servers.
- Teacher: Ιωάννης Κολέτσος
ECTS : 5
Language : el