Optimiz & Operations Res II

Catalog description

Operations research (OR) is devoted to the determination of the optimal course of action of a decision problem given resource restrictions. This course is intended as a second course in an Optimization and OR sequence and builds upon the material presented in ISE 320. ISE 320 primarily restricts attention to deterministic OR models. In addition to covering additional deterministic techniques (e.g., deterministic dynamic programming and additional inventory problems not covered in ISE 320, among others), ISE 420 covers probabilistic and advanced OR topics such as Monte Carlo simulation, fundamentals of queueing theory, probabilistic dynamic programming, and others. The course also introduces the student to emerging optimization techniques including, but not limited to, tabu search, simulated annealing, and genetic algorithms. Prerequisite: ISE 320 or permission of instructor. Offered in the Fall semester.