Operations Research

 

Udemy Course ReviewS Operations Research | NFD

 Operations research (British English: operational research) (OR) is a discipline that deals with the application of advanced analytical methods to help make better decisions. Further

 by Dr. Rauf Tailony

 What you'll learn

• Linear programming
• Mathematical Modeling
• Business Cost Optimization
• Methods for Maximizing Profit and Minimizing Cost
• Cost Sensitivity Analysis
• Network and Transportation optimization

Requirements

• Basic Linear Algebra

Description

The course is focused on the application of linear programming techniques. Most of the mathematical models presented in the course are  The course includes discussions of the simplex algorithm and other methods to derive solutions for the above models. The Excel Solver software is also used in the course to solve linear programming problems. Discussions (Sensitivity Analysis) are included as to how changes or variations in a linear programming’s parameters affect the optimal solution.