Lecture 1 - Introduction to OR and LP What is OR Short...

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Introduction to OR and LP What is OR? Short History of OR. Introduction to Linear Programming
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What is OR? The OR is concerned with solving complex decision problems (system design, operation management and prediction) System Design, Operationa l Parameters Performance and Behavior Controllable (decision) Variables
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History of OR It emerged during the World war II. Its development closely followed the development of the computers and computer science Its approach is to build a mathematical model (a formal problem representation) which can be solved through a mathematical method (algorithms and simulation) by computers.
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Linear Programming (LP) Optimal solution of the linear (LP) model for a problem. The LP model is composed of an objective function and a set of constraints as equalities and inequalities formulated with decision variables, “constants” or parameters of the problem. The LP approach can solve very large-scale
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Lecture 1 - Introduction to OR and LP What is OR Short...

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