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
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
This course includes:
9.08 Hours PreRecorded video
6 assignments
Access on Mobile, Tablet, Desktop
FullTime access
Shareable certificate
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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.
Frequently asked Questions
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