ORIE 4340 - Applications of Optimization: Modeling and Computation

Fall, Spring. 4 credits. Letter grades only (no audit).

Prerequisite: ORIE 3300, ORIE 3500. Co-meets with ORIE 5340.

B. Dietrich.

This course will cover the use of optimization models in several industries. Covered industries will include manufacturing, process, distribution, retail, and transportation. We will not cover models used exclusively in the financial industry. In each covered industry we will start with simple text-book models, and then extend these models to reflect the realities of the industry, the existing business decisions processes and the available data. We expect to have lectures from experts in some of these industries, each of whom will also discuss Operations Research roles and careers.