Modeling and Optimization (MANE212)
This course is designed to install in students the ability of conceptualization of real life system in the form of mathematical models. Principles of model building and basic optimization concepts and approaches for problem solving will be discussed in detail. The application of these principles and concepts will be illustrated using simplified but practical problems from diverse fields of application in manufacturing and service systems. Scopes and limitations of suggested formulations will be discussed and their applications in real-life situations will be studied with the help of samples of computational experience. The emphasis will be on the building and interpretation of models rather than the solution processes.