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Last updated:

October 29, 2022

Duration:

Unlimited Duration

FREE

This course includes:

Unlimited Duration

Badge on Completion

Certificate of completion

Unlimited Duration

Description

Managers and engineers are constantly attempting to optimize, particularly in the design and operation of complex systems.

This course is an application-oriented introduction to (systems) optimization. It seeks to:

  • Motivate the use of optimization models to support managers and engineers in a wide variety of decision making situations;
  • Show how several application domains (industries) use optimization;
  • Introduce optimization modeling and solution techniques (including linear, non-linear, integer, and network optimization, and heuristic methods);
  • Provide tools for interpreting and analyzing model-based solutions (sensitivity and post-optimality analysis, bounding techniques); and
  • Develop the skills required to identify the opportunity and manage the implementation of an optimization-based decision support tool.

Course Curriculum

  • Introduction Unlimited
  • Network Models: Assignment & Transportation Unlimited
  • Network Models: Shortest Path & Transshipment Unlimited
  • Introduction to LP Unlimited
  • Application: Revenue Optimization Unlimited
  • Production Planning, Workforce Scheduling Unlimited
  • Conflicting Objectives, Robust Optimization Unlimited
  • Integer Programming Unlimited
  • IP Modeling Unlimited
  • Case Study: Ford Finished Vehicle Delivery Unlimited
  • Non-Linear Programming Unlimited
  • Application Portfolio Optimization Unlimited
  • Non-Linear Programming Unlimited
  • Heuristics I Unlimited

About the instructor

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Instructor Rating

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Courses

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Massachusetts Institute of Technology