Class Schedule

- Topics:
- What is Management Science (Operations Research): Why is it done? When is it done? When and why was it conceived?
- Models
- Linear Programming
- vocabulary: decision variables, objective function, constraints, optimal solution, etc.
- example

- Handouts:
- Readings:
- What Keeps a Bottom Line Healthy?
- Text, Chapter 1

August 22:

- Topics:
- Building a linear programming model
- Solving a linear programming model

- Handouts:
- Readings:
- Text, Chapter 2

- Class Exercises:
- Blair & Rosen, Inc. (textbook, pg.72)
- A local brewery

- Topics:
- Solving a linear programming model with STORM software
- Infeasible Solutions
- Introduction to Slack and Surplus

- Handouts:
- Readings:
- Text, Chapter 2 (continued)

- Class Exercises:

- Topics:
- Sensitivity Analysis

- Handouts:
- #7: Sensitivity analysis example (not available on web)
- #8: Sensitivity analysis exercise (not available on web)
- #9: Assignment 4

- Readings:
- Text, Chapter 3

- Topics (Review):
- Presentation of assignment 4
- Handout #8: Sensitivity analysis exercise (not available on web)

- Readings:
- Text, Chapter 4

- Exam I

- Topic:
- The Simplex Method

- Handouts:
- Readings:
- Text, Chapters 5 & 6

- Topics:
- Simplex with minimization problems
- Simplex with >= constraints
- Transportation & Assignment Problems

- Handouts:
- #12: Simplex Minimization Problem (not available on web)
- #13: Assignment 6

- Readings:
- Text, Chapter 7

October 17:

- Topics:
- Integer Programming (Text, Chapter 8)
- Network Models (Text, Chapter 9)

- Handout:
- Class Exercises:

October 24:

- Project Scheduling: PERT/CPM (Text, Chapter 10)
- Handouts:
- #15: PERT/CPM exercise (not available on the web)
- #16: Assignment #8

- Handouts:

- PERT/CPM, continued (Text, Chapter 10):
- Probabilistic Activity Times
- Project Crashing

- Q&A for Exam II

- Exam II

- Inventory Management (Text, Chapter 11)
- The Basic EOQ Model

- Class Exercises:
- Assignment #9:
- (no handout) - will be explained in class
- must be done in a team of 2 (12 teams)
- written
*and*present in class (presentation time <= 10 minutes) - DUE: December 5
- 25 points

- Inventory Management, continued (Text, Chapter 11)
- The EOQ Model with Noninstantaneous Receipt
- The EOQ Model with Quantity Discounts

- Class Exercises:

- Assignment #9 presentations

- Final Exam