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Operations Research (1): Models and Applications
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Operations Research (1): Models and Applications

Learn to formulate and solve optimization problems using linear, integer, and nonlinear programming in business contexts.

Course Cost

₹ 2,435

Beginner

Skill Level

11 Hours

Self-paced Video lessons

This beginner-level course introduces Operations Research (OR), focusing on mathematical modeling for business optimization. Students learn to formulate real-world problems into mathematical models solvable by computers. The course covers Linear Programming, Integer Programming, and Nonlinear Programming, with applications in production, inventory, scheduling, and finance. Practical skills include using Microsoft Excel's Solver for optimization. Through lectures, quizzes, and a case study, learners develop foundational skills in business analytics and mathematical optimization, applicable across various industries.

4.8

37,221 Enrolled

English

4.8

37,221 Enrolled

English

What you'll learn

  • Understand the fundamentals of Operations Research and its applications in business

  • Formulate Linear Programming models for optimization problems

  • Develop Integer Programming models for discrete decision-making scenarios

  • Create Nonlinear Programming models for complex business situations

  • Use Microsoft Excel's Solver add-in to solve optimization problems

  • Apply OR techniques to real-world cases in production, scheduling, and finance

  • Interpret optimization results for informed decision-making

  • Gain insights into advanced OR topics and future learning directions

Skills you'll gain

operations research
mathematical modeling
linear programming
integer programming
nonlinear programming
optimization
business analytics
Excel Solver

This course includes:

9.08 Hours PreRecorded video

6 assignments

Access on Mobile, Tablet, Desktop

FullTime access

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There are 6 modules in this course

This course provides a comprehensive introduction to Operations Research (OR), focusing on mathematical modeling for business optimization. Students learn to formulate real-world problems into mathematical models that can be solved by computers. The curriculum covers three main types of programming: Linear Programming (LP), Integer Programming (IP), and Nonlinear Programming (NLP). Through practical examples and case studies, learners apply these techniques to various business scenarios, including production planning, inventory management, personnel scheduling, facility location, and portfolio optimization. The course emphasizes hands-on skills, teaching students to use Microsoft Excel's Solver add-in for solving optimization problems. By the end of the course, learners will have a solid foundation in OR concepts and practical modeling skills applicable to diverse business challenges.

Course Overview

Module 1 · 1 Hours to complete

Linear Programming

Module 2 · 2 Hours to complete

Integer Programming

Module 3 · 2 Hours to complete

Nonlinear Programming

Module 4 · 2 Hours to complete

Case Study: Personnel Scheduling

Module 5 · 1 Hours to complete

Course Summary and Future Directions

Module 6 · 1 Hours to complete

Fee Structure

Payment options

Financial Aid

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Faculties

These are the expert instructors who will be teaching you throughout the course. With a wealth of knowledge and real-world experience, they're here to guide, inspire, and support you every step of the way. Get to know the people who will help you reach your learning goals and make the most of your journey.

Operations Research (1): Models and Applications

Beginner

Skill Level

11 Hours

Self-paced Video lessons

Course Cost

₹ 2,435

Completion

CERTIFICATE

Frequently asked Questions

Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.