This book provides sample exercises, techniques, and solutions to employ mathematical modeling to solve problems in Operations Research and Business Analytics. Each chapter begins with a scenario and includes exercises built on realistic problems faced by managers and others working in operations research, business analytics, and other fields employing applied mathematics. A set of assumptions is presented and then a model is formulated. A solution is offered followed by examples of how that model can be used to address related issues.
Key elements of this book include the most common problems the authors have encountered over research and consulting including inventory theory, facilities location, linear and integer programming, assignment, transportation and shipping, critical path, dynamic programming, queuing models, simulation models, reliability of system, multi-attribute decision making and game theory.
In the hands of an experienced professional,
