Lecture1

# Lecture1

This preview shows page 1. Sign up to view the full content.

This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: d OtlVC l Reasonable sized Class Problems EM-602 / QM-710 (NJ) Lecture 1 Page l-3 Commercial Software Problems Solved by TORA Turbo-Simplex (S500+) LPSS67 (\$1500-63500) IBM I MPSX (SZSOO+) . MINOS (\$5000) Linear and integer Programming Transportation Network Problems . PERT/CPM Histograms and Forecasting Queueing Problems inventory Problems l l l l l l l l l Linear Programming Models Typical OR Models l Deterministic Models - l_ln.~r Programming (gnphlcrl methods) - T,an,po”at,on an. Asslgnment l and slmplax l Models l - N.twortl Modal, l - Inventory Models l - NonlInear Optlmlzatlon l Graphical Method Simpkx Method Sensitivity Analysis of LP Soiutlons Primal/Dual Relationship Specialized Linear Models Stochastic Models Stochastic Models Network Optimization Models . introduction to Network Terminology Minimum Spanning Tree Problem Shortest Path Problem Maximal Flow Problem l l l l l l l l Review of Probability Concepts Markov Chains Stochastic Decision Processes Queueing Theory and Models Stochastic inventory Models EM-602 I QM-710 (NJ) Lecture 1” Page l-4 Example 2.1-i Example 2.1-1 (cont’d) A manufacturer of Exterior and interior Paints has a goal to maximize their gross income Paint Production uses 2 Raw Materials (called A and B) Amount of each Raw Material used in Making a ton of Exterior and interior Paint is different. - Extwtor Palm us” 1 ton of A and 2 tons o( B Some additional conditions are: The...
View Full Document

## This document was uploaded on 03/31/2014 for the course MS 602 at NJIT.

Ask a homework question - tutors are online