Overview

This comprehensive and intensive course on operations research is intended for individuals who wish to develop their skills in quantitative analysis and strategic decision making. The course aims to provide the theoretical and practical foundations of operations research tools and techniques, enabling participants to apply these concepts in various fields such as management, economics, and engineering.Objectives:1 - Apply mathematical and analytical models to solve practical problems.2 - Develop decision-making skills based on data and quantitative analysis.3 - Gain the ability to use common operations research software and tools.Course content:1 - The student will learn how to forecast and how to extract the forecast error using mathematical methods.2 - The student learns decision-making strategies, decision trees and methods of solving them.3 - The student will learn how to solve game theory.4 - In linear programming, the student learns how to solve using the graphical method and the simplex method to make the best decisions.5 - In linear programming, the student learns how to solve using the graphical method and the simplex method to make the best decisions.6 - The student will learn the easiest ways to solve transportation, distribution and stone jumping problems.7 - The student will learn everything related to allocation such as the complete counting method, the Hungarian method, the rules of priorities, and the Johnson method.8 - The student will learn the correct way to manage inventory and how to extract the economic quantity, total annual cost and reorder point. Various areas of application of operations research. Mathematical models in operations research:1 - Linear and nonlinear models.2 - Correct and multi-objective programming.Optimization techniques:1 - Sequential optimization and gradient analysis.2 - Simplex methods for linear programming analysis.Game Theory and Decision Making:1 - Concept of Competitive and Cooperative Games.2 - Decision Making Strategies.3 - Applications in Economics and Management.Benefits:After completing this course, participants will be able to:1 - Apply operations research principles and tools in real-world business environments.2 - Improve the efficiency and effectiveness of business processes.3 - Make informed decisions based on quantitative analysis and data.

Skills

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