Exam-Review

Exam-Review - MBAC6080 Decision Modeling and Applications Thomas Vossen Assistant professor of Operations Management Leeds School of Business

Info iconThis preview shows pages 1–15. Sign up to view the full content.

View Full Document Right Arrow Icon
1 MBAC6080 Thomas Vossen Assistant professor of Operations Management Leeds School of Business University of Colorado Boulder, CO 80309-0419 Decision Modeling and Applications
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Exam Review 2 MBAC6080 Today’s Agenda Course review Review Material Prepare for Final Exam Examine sample test questions Answer questions
Background image of page 2
Exam Review 3 MBAC6080 Final Exam Date Wednesday April 25, 11:00am
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Exam Review 4 MBAC6080 Closed book, closed notes 1-page crib sheet allowed 120 minutes in length Calculators OK, Computers Not 4 or 5 in-class questions + 1 take-home question (Simulation)
Background image of page 4
Exam Review 5 MBAC6080 Final Exam Material Pre-Midterm (approximately 1/4 of final exam questions) Week 1/2 : Intro to OR/MS Week 2,3,4 : Linear Programming Week 5 : Network Models Week 6,7 : Integer Programming
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Exam Review 6 MBAC6080 Final Exam Material Post-Midterm (approximately 3/4 of final exam questions) Week 8 : Uncertainty and Value of Information Week 9,10 : Inventory Management Week 10,11 : Revenue Management Week 11,12 : Monte-Carlo Simulation
Background image of page 6
Exam Review 7 MBAC6080 Week 1 : Intro to OR/MS
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Exam Review 8 MBAC6080 Topics Modeling - What is a model? - Principles of modeling - Issues in Decision Modeling - Examples of mathematical models Applications
Background image of page 8
Exam Review 9 MBAC6080 Aspects of Decision-Modeling Decision-Making involves making trade-offs Decision Models are complicated by Multiple alternatives /decision-makers/criteria Uncertainty Need for structured approach to generate, evaluate, rationalize decisions
Background image of page 9

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Exam Review 10 MBAC6080 Week 2,3,4 : Intro to LP
Background image of page 10
Exam Review 11 MBAC6080 Topics LP components Decisions, Objective Function, Constraints LP concepts LP standard form, LP assumptions, Corner point solutions Alternate optima, Unbounded solutions, Infeasible problems Solving LPs Graphical Method: determining feasible region, objective function line Using Excel Formulating LPs “Template” Approach
Background image of page 11

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Exam Review 12 MBAC6080 Topics(ctd.) LP Sensitivity Objectives/Purpose Changes in objective function (profit/cost) constraint right-hand Sides (resource availability) Constraint coefficients (resource usage/contributions) Shadow prices, Reduced costs Sensitivity Analysis using Excel
Background image of page 12
Exam Review 13 MBAC6080 Applications Product-Mix Problems Blending Problems “Diet” problems, Gasoline, etc. Decisions over Time Production/Inventory planning, Covering/Staffing Problems Transportation/Shipping Problems Resolving Debt Entanglements
Background image of page 13

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Exam Review 14 MBAC6080 Template Approach/Applications Common Templates: Product mix problems Blending problems Diet problem, Gasoline Blending Covering/Packing problems (i.e. scheduling) Manpower scheduling Problems that involve Decisions over Time Production/Inventory planning Transportation Problems Plant/warehouse distribution plan
Background image of page 14
Image of page 15
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 06/01/2008 for the course MBAC 6080 taught by Professor Vossen during the Spring '08 term at Colorado.

Page1 / 57

Exam-Review - MBAC6080 Decision Modeling and Applications Thomas Vossen Assistant professor of Operations Management Leeds School of Business

This preview shows document pages 1 - 15. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online