Profile of the course
This course broadens en deepens the knowledge and skills acquired in Decision Science 1 (ORL-20306). The global aim is to learn to deal with new (difficult) models and algorithms.
The focus of the course is on supporting logistical decision processes in an industrial environment by means of quantitative models and techniques. Long-term as well as short-term management/control of good-flows and required production factors are studied. The topics are on the strategic control level, the tactical control level and on the operational control level.
For every topic, several models will be discussed to solve problems that can occur within these topics, along with algorithms to find solutions to the problems. Additional attention will be paid to non-linear aspects in mathematical programming, especially relevant for (technical) design problems and/or the estimation of parameters in mathematical and economical models.