Course Schedule and Catalog

Department: Management

Grade Mode: Standard Letter

Course Type: Lecture

Credit Hours: 1

Description: APPLIED OPTIMIZATION ***** Airlines don't schedule without "it" and refineries don't produce gasoline without "it", and Wall Street is investing "it." "It" is optimization. The evolution of powerful micro-computers has brought the application of optimization to the desktop, and industry after industry is exploring ways to take advantage of this family of techniques to reduce cost and increase profitability. Successful line managers need to understand its potential, and analytically inclined MBAs will appreciate its elegance. This course will focus on the application of linear and integer programming techinques to supply chain optimization. Although the application focus will be on supply chain, the successful student will be able to recognize optimization and profit maximization opportunities across many different business contexts. ***** Instructor: Bixby