Operations Research
Code
100077
Academic unit
NOVA Information Management School
Credits
6.0
Teacher in charge
Pedro Miguel Pereira Simões Coelho
Teaching language
Portuguese. If there are Erasmus students, classes will be taught in English
Objectives
- Gaining insight into optimization problems and the way in which algorithms work;
- To improve student's ability to think logically about and to structure complex managerial problems;
- To effectively and efficiently develop spreadsheet-based models that can be used to significantly improve managerial decision making.
Prerequisites
Recommended: Linear Algebra and some familiarity with the use of spreadsheet software (MS Excel)
Subject matter
- Introducing Operations Research
- Linear Programming
- Duality and Sensitivity Analysis
- Integer Programming
- Assignment, Transportation and Transhipment Problems
- Network Models
Bibliography
Albright, S. Christian and Winston, Wayne L. (2012). Management Science Modeling; International student edition. South-Western, Cengage Learning. ISBN: 978-1-111-53245-1
Winston, W. (2004). Operations Research, Applications and Algorithms 4th ed; International student edition. South-Western, Cengage Learning. ISBN: 978-0-534-42362-9
Hillier, F. and Lieberman, G. (2005). Introduction to Operations Research, 8th edition, McGraw-Hill. ISBN: 978-0-071-23828-1
Teaching method
The course will consist in theoretical classes, which are complemented with practical classes, in a problem solving approach. Students also have tutorial classes, where they are expected to bring questions on the workbook exercises and individual assignments.
Evaluation method
1st Exam Period (Regular)
The final grade will be allocated to:
- Test 1 (40%)
- Test 2 (40%)
- Individual Assignments (20%)
2nd Exam Period (Resit)
There will be a final exam worth 100%