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Last updated:

December 5, 2022

Duration:

Unlimited Duration

FREE

This course includes:

Unlimited Duration

Badge on Completion

Certificate of completion

Unlimited Duration

Description

This course introduces students to the theory, algorithms, and applications of optimization.

The optimization methodologies include linear programming, network optimization, integer programming, and decision trees. Applications to logistics, manufacturing, transportation, marketing, project management, and finance. Includes a team project in which students select and solve a problem in practice

Course Curriculum

  • Introduction Unlimited
  • Formulations of linear and non-linear programs Unlimited
  • Geometry and visualizations of linear programs Unlimited
  • The simplex method 1 Unlimited
  • The simplex method 2 Unlimited
  • Sensitivity analysis and shadow prices Unlimited
  • Game theory 1: 2-person 0-sum, or constant sum Unlimited
  • Game theory 2 Unlimited
  • Discussion of projects; slack variables vs. artificial variables Unlimited
  • Introduction to integer programming Unlimited
  • Integer programming formulations Unlimited
  • Integer programming techniques 1: branch and bound Unlimited
  • Integer programming techniques 2: cutting planes Unlimited
  • Integer programming formulations, again Unlimited
  • Networks 1: Shortest path problem Unlimited
  • Networks 2: Network flows Unlimited
  • Networks 3: Traveling salesman problem Unlimited
  • Decision trees 1 Unlimited
  • Decision trees 2: the value of information Unlimited
  • Behavioral economics Unlimited

About the instructor

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Instructor Rating

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1520

Courses

1916

Students

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Massachusetts Institute of Technology