COURSE READER - BUS2 - 190 (QBA)

Table of Contents

Prof. R.E. Davis

0. OR/MS DEFINITIONS AND CONCEPTS

• Systematic Model Building Procedures
• Model Classifications
• Vocabulary/Glossary

1. NETWORK MODELS

• Minimal Spanning Tree
• Shortest Route Problem
• Forward Dynamic Programming
• Maximal Flow Problem
• Practice Problems
• Problem Solutions

2. TRANSPORTAION PROBLEMS

• Transportation Problem Solution Algorithm
• Transportation Practice Problems
• Transportation Practice Problem Solutions 

3. LINEAR PROGRAMMING

• Mathematical Forms
• Graphical Interpretation and Solution of LP Problems
• General LP Problem Formulation Procedure
• Formulation Problems with Solutions
• Spreadsheet LP Models
• Spreadsheet LP Output and Interpretation
• Dual Solution and Sensitivity Analysis
• Practice Problems

4. CRITICAL PATH METHOD & PROJECT CRASHING

• Critical Path Method
• Project Crashing - Hand Solution
• Project Crashing - LP Solution
• Practice Problems
• Problem Solutions

5. PERT: PROBABILISTIC PROJECT ANALYSIS

• Beta Distributions
• PERT APPROXIMATIONS: mean and variance formulas
• PERT PROCEDURE: single critical path approximation
• PERT Examples
• PERT Limitations
• Practice Problems
• Problem Solutions

6. MONTE CARLO Simulation

• Probability Density Functions (PDFs) and Cumulative Distribution Functions (CDFs)
• The Histogram Distribution
• Monte Carlo Project Simulation
• Case Study - EVERGREEN FOOTHILLS WINERY
• Case Study Results
• Practice Problems
• Problem Solutions