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This course will be held in the first half of the semester. After having passed this course you might be interested in attending one of these courses in the second half of this term:
040897 KFK PM/SCM/TL: Praktikum LP-Modeling II (TL)  (Dr. Verena Schmid)
040895 KFK PM/SCM/TL: Praktikum LP-Modeling II (PM)  (Dr. Fabien Tricoire)
040896 KFK PM/SCM/TL: Praktikum LP-Modeling II (SCM) 

Lecturer

Dr. Verena Schmid
if you want to contact me concerning the lecture, please add [040894] in the subject field, just to make sure your mail won’t get lost in my mailbox

Mode

  • Thursdays 8:30 - 12:00 in EDV-Lab3 (at the BWZ, 1st floor)
  • This is a course with “immanentem Prüfungscharakter”
  • blocked (4 academic hours per week) in the first half of the semester
  • First Lecture: on March 5, 2009 (compulsory attendance)
  • Final Exam: on April 30, 2009
  • For questions concerning deadlines for deregistration and sanctions please click here

Syllabus and Slides

[click here]

Objectives

The purpose of this course is to introduce students to mathematical programming which is extensively used in production and logistical management. In this course we will cover linear programming and prototype applications. Special emphasis will be given to linear programming modeling and its economic interpretation (duality theorem, complementary slackness, sensitivity analysis, etc.), and solving optimization methods using computers.
Students are expected to already know how to deal with Excel’s optimization module to solve LP problems numerically, but later a state-of-the-art computer software, XPress-MP, will be introduced. Excel is fine for solving structurally simple and small scale problems, but for large scale and complex problems XPress is incomparable convenient. Therefore students are expected to be fluent in XPress by the end of this course.

Topics to be covered

  • Linear Programming
  • Introduction to XPress-MP
  • Simplex Method (brief repetition)
  • Sensitivity Analysis & its economic interpretation
  • Advanced Modelling Techniques

Literature and References

  • Class Notes (electronic copies will be made available online)
  • Applications of optimization with Xpress-MP, by Christelle Guéret, Christian Prins & Marc Sevaux
  • An Introduction to Management Science (quantitative approaches to decision making), by Anderson and Sweeney
  • Operations Research, by Hillier and Liebermann

Prerequisites

  • You already need to have passed one of the introductory courses of our KFK (Production Analysis, Supply Chain Management or Transportation Logistics) or the course Operations Management (old KFK)
    (Please bring a corresponding report with you in the first lecture on March 5)
  • basic computer skills (MS Excel, Solver)
  • proficiency in using Simplex Method (have a look at what you have learned in Wirtschaftsmathematik 1!!!)

Grading Mode

In order to pass the course you’ll need to complete the following tasks:

weight for final grade tasks
40% homeworks (theoretical and practical in nature)
20% programming examples we do in class
40% final exam (individually, closed-book)
100% course passed

Credits

2 Semesterwochenstunden

Language

The course will be held in English.
All homeworks, assignments – as well as the final exam – have to be written in English

Deadlines

If you are registered for this course and decide – for whatever reason – to drop it, you can de-register from this course without being sanctioned by March 14.

Afterwards the following rules apply:
  • if you are still registered and also have confirmed that you want to participate in this course (e.g. by signing on my list) you will be graded (and most likely you will get a 5)