In this module we will look at examples illustrating the application of linear optimization in finance. In particular, we will learn to formulate problems in investment portfolio optimization and multi-period cash flow management.
Module 2: LP for Supply Chain Decisions
This module explores the use of linear optimization in supply chain decisions, particularly in the context of inventory transportation or logistics problems as well as in production and inventory management.
Module 3: LP for Staffing Decisions
This module explores how human resource managers can use optimization as a prescriptive analytics tool to plan staff schedules, room allocation, and workforce size management.
Module 4: LP for Production Decisions
Linear optimization plays an important role in the decision making process in the manufacturing sector. This module explores how optimization can be used to prescribe product mix and blending decisions.