Lecture 1

# Lecture 1 - Linear and Nonlinear Optimization Management...

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MS&E 211 Linear and Nonlinear Optimization Management Science and Engineering Yinyu Ye

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6 Homework (best five), 1 Midterm, 1 Final Regular Students: 35%*H + 25%*M + 40%*F Project Students: 35%*H + 25%*M + 40%*F + Project 20% No difference on taking 3 or 4 units No formula for cutoff between A/B etc. The more fun we all have, the more A’s I will give out. Required Textbook: Linear & Nonlinear Programming 3 rd Edition – Luenberger/Ye (online?) We will use COURSEWORK.STANFORD.EDU Programming Computer Science The software use will help: Matlab, Excel Solver or public free software. It is most a “PAPER AND PENCIL” class! Friday’s problem sessions MS&E 211
Often consider the common goal of management science & engineering. Maximize or Minimize f(x) for all x ϵ some set X Applications in: Applied Science, Engineering, Economics, Finance, Medicine, Statistics, Business General Decision and Policy Making The famous Eighteenth Century Swiss mathematician and physicist Leonhard Euler (1707- 1783) proclaimed that “…nothing at all takes place in the Universe in which some rule of maximum or minimum does not appear.” MS&E 211

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Minimize: f(x) Subject to: h 1 (x) = 0 ...
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