Lecture1

Lecture1 - Introduction to Mathematical Programming IE406...

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Introduction to Mathematical Programming IE406 Lecture1 Dr. Ted Ralphs
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IE406 Lecture 1 1 Reading for This Lecture Primary Reading Bertsimas 1.1-1.2, 1.4-1.5 Supplementary Reading Bertsimas 1.3 Operations Research Methods and Models Model Building in Mathematical Programming
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IE406 Lecture 1 2 Systems Engineering A system is a functionally related group of elements, such as - manufacturing systems, - distribution systems, - financial systems, - computer systems, - biological systems, and - political systems. cost availability selling price demand Raw Material A Raw Material B Raw Material C Product 1 Product 2 Product Mix Problem Such systems can be modeled and analyzed using techniques we’ll learn about in this class. This type of analysis is used in every industry and every sector of the economy .
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IE406 Lecture 1 3 What is the purpose of a model? The exercise of building a model can provide insight.
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Lecture1 - Introduction to Mathematical Programming IE406...

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