Executive MBA - EDHEC
Introduction

Summary

Documents
Textbooks
Slides
Exercises
Software
Examples

Information
Title 1

 This course is an introduction to operational research (OR), statistics and their applications. The use of OR and statistics software is also emphasized.

Summary

1. Introduction

History. Methodology. Models.

2. Decision analysis, probability and statistics

Decision trees. Discrete and continuous probability distributions. Sampling and statistical inference.

3. Optimization

Linear programming. Modelling, Examples.

4. Multicriteria decision aid

Methods. Multicriteria decision support systems. Group decision systems. Applications.

Documents

Textbook: Most of the course is based on several chapters of the following textbook:

D. Bertsimas and R.M. Freund (2000)
Data, Models and Decisions (the fundamentals of management science),
South-Western College Publishing, ISBN 0-538-85906-7

Additional reference books:

1. F.S. Hillier and G.J. Lieberman (1990) Introduction to Operations Research (5th edition), McGraw-Hill, P/N 028914-X

2. K. Lockyer and J. Gordon (1996) Project Management and Project Network Techniques (6th edition), Pitman Publishing, ISBN 0-273-61454-1

3. P. Vincke () Multicriteria Decision Aid, Wiley, ISBN

4. Interfaces, journal published by INFORMS (www.informs.org)

5. OR/MS Today, journal published by INFORMS (www.informs.org)

 

Slides (Acrobat document):

Intro

Probability and Statistics

Optimization

Multicriteria decision aid

Linear programming software:

Microsoft Excel Solver,

MPL 4 for Windows : http://www.maximal-usa.com

 

Example files (Excel workbooks and MPL 4 files):

LPfiles.zip

Distributions.xls : probability distributions with Excel

Information

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