lecture1 - CO370/CM443 DeterministicOperationsResearch...

Info iconThis preview shows pages 1–6. Sign up to view the full content.

View Full Document Right Arrow Icon
CO 370/CM 443 Deterministic Operations Research  Models Chaitanya Swamy cswamy@math.uwaterloo.ca Office: MC 4033
Background image of page 1

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

View Full DocumentRight Arrow Icon
Today’s lecture What is Operations Research (OR)? Examples and success stories What you will learn in this course Course outline Administrivia A little LP review + LP formulations
Background image of page 2
What is Operations Research? Enterprises typically consist of various units whose  operations  need to  be coordinated  A typical problem: how to distribute resources across units so as to  maximize efficiency OR is the discipline of applying analytical tools based on mathematical  models to help take better decisions in managing these operations (the  science of better ”) Typical decision-making process in OR entails: 1. Gathering available data 2. Building an abstract mathematical model 3. Solving the mathematical problem 4. Supplying the results to management Feedback:  may need  to enhance data or  model
Background image of page 3

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

View Full DocumentRight Arrow Icon
A Brief History of OR World War II  led to the birth of OR  Scientists and engineers used  mathematical tools  to deploy, manage, and  analyze  military operations ,  e.g., deployment of the radar  management of convoy and submarine operations Many important developments took place in this period.  Most notably  George Dantzig   invented the  simplex method  for solving  linear programs (LPs) in 1947 One of the first applications was the  diet problem given foods with varying nutrient amounts, plan a diet that satisfies the  desired nutrient requirements + the food-amount constraints, and minimizes  cost Perhaps the single most  important catalyst in the  advancement of OR
Background image of page 4
Brief History (contd.) After the War: Industrial boom led to rapid increase in size of corporations –  growing  need for systematic decision-making tools Managers began to realize both, the modeling power of LPs and OR 
Background image of page 5

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

View Full DocumentRight Arrow Icon
Image of page 6
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 17

lecture1 - CO370/CM443 DeterministicOperationsResearch...

This preview shows document pages 1 - 6. Sign up to view the full document.

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