Join us on Tuesday, January 29th at Noon in Tome 115 for the first Math/CS Chat of the semester. Our very own Professor Dick Forrester will present "Optimization Modeling". Free pizza & everyone is welcome to attend.
Abstract: Operations Research (OR) is a scientific approach to analyzing problems and making decisions, usually under conditions requiring the allocation of scarce resources. In this talk, we focus on optimization modeling, which involves minimizing or maximizing a function (such as costs or profits) given that the solution must satisfy certain restrictions and requirements. We will learn about the modeling process, and about some of the most common types of models, such as resource allocation, scheduling, blending, and fixed-charge models.