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Quantitative Management: Applying Linear Programming |
| Course Status: | Released |
| Course Language: | English |
| Course Duration: | 5 Hours |
| Deployment Options: | Online, Interactive CDs, Network, Downloads, Intranet |
| Audience |
| Analysts and business decision makers seeking competency in the area of quantitative management |
| Prerequisites |
| A general understanding of information systems and management principles, along with a grounding in calculus and algebra |
| Course Aim |
| To explain how to construct linear programming models |
| Learning Objectives |
| Formulate linear programming models for media selection problems. Formulate spreadsheet models for media selection problems. Interpret the solutions to media selection problems. Formulate linear programming models for financial planning problems. Formulate spreadsheet models for financial planning problems. Interpret the solutions to financial planning problems. Formulate linear programming models for blending problems. Formulate spreadsheet models for blending problems. Interpret the solutions to blending problems. Formulate linear programming models for production scheduling problems. Formulate spreadsheet models for production scheduling problems. Interpret the solutions to production scheduling problems. Formulate linear programming models. |
| Topics Covered |
| Media Selection - General and LINDO formulation - Spreadsheet formulation - Solutions and interpretation Financial Planning - General and LINDO formulation - Spreadsheet formulation - Solutions and interpretation Blending - General and LINDO formulation - Spreadsheet formulation - Solutions and interpretation Production Scheduling - General and LINDO formulation - Spreadsheet formulation - Solutions and interpretation Hands-on: Make-or-Buy Decisions - General and LINDO formulation - Spreadsheet formulation - Solutions and interpretation |