Linear Optimization
Part 1: Linear Programming Models
Operations Research
Operation research: Decision making tool based on mathematical modelling and analysis
used to process the transformation of data into insights into making better decisions
Model: structure which has been built purposely to exhibit features and characteristics of
some other object.
Mathematical model: model that involves a set of mathematical relationships which
correspond to the characterization of the relationships in the real world.
Reasons we need them:
- Get a greater understanding of the object we are modelling
- To simplify
- To analyze mathematically
- To experiment
By using mathematical model, we are able to make use of the share in similar characteristics
of settings fundamentally different in order to solve them easier and maybe similarly.
Modelling process
Part 1: Linear Programming Models
Operations Research
Operation research: Decision making tool based on mathematical modelling and analysis
used to process the transformation of data into insights into making better decisions
Model: structure which has been built purposely to exhibit features and characteristics of
some other object.
Mathematical model: model that involves a set of mathematical relationships which
correspond to the characterization of the relationships in the real world.
Reasons we need them:
- Get a greater understanding of the object we are modelling
- To simplify
- To analyze mathematically
- To experiment
By using mathematical model, we are able to make use of the share in similar characteristics
of settings fundamentally different in order to solve them easier and maybe similarly.
Modelling process