Quantitative Methods
Objectives
The course seeks to introduce several key analytical methods and tools useful in the analysis of productive systems (in manufacturing and services). At the end of the course, students should be able to:
- Correctly analyze queueing systems (with and without limitations of capacity and population),
-Apply graph theory and network analysis
- Properly formulate and solve production problems through dynamic programming
General characterization
Code
10580
Credits
6.0
Responsible teacher
Alexandra Maria Batista Ramos Tenera, Ana Paula Ferreira Barroso
Hours
Weekly - 4
Total - 70
Teaching language
Português
Prerequisites
Is advised that students have some expertise in Statistics and Operations Research
Bibliography
- Hillier, F. & Lieberman, G. (2010). Introduction to Operations Research (9th ed.). USA, Mcgraw-Hill.
Taha, H. (2010). Operations Research: An Introduction (9th ed.) Englewood Cliffs, Prentice Hall.
- Evans, J. & Minieka, E. (1992). Optimization Algorithms for Networks and Graphs (2nd ed.). USA, Marcel Dekker, Inc.
- Lapin, L.(1994). Quantitative Methods for Business Decisions with Cases (6nd ed.). USA, Dryden Press.
- Chang, Y-L (2003) WinQSB: Decision Support Software for MS/OM Version 2.0. USA, John Wiley & Sons.
- Bronson, R & Naadimuthu, G. (2001). Investigação Operacional (2ª ed.). Trad. Ruy Costa. Alfragide, Mcgraw-Hill de Portugal, Lda.
Teaching method
Lectures are carried out combining theoretical classes and applied classe
Evaluation method
The course grading will be based on the following:
- Individual Evaluation: 2 course subject tests or 1 global Exam (EX)
Course frequency is achieved with test T1 participation and a 2/3 pratical class participation
In order to obtain an UC approval, a minimum grade of 9.5 is required.
FINAL Grade (CF) = 0,5 T1 + 0,5 T2 or Ex
with test average or Final Exam (EX) ≥ 9,5 v
if CF>= 18 /20 => Grade check required
Subject matter
1.Queueing Theory: Basic Structures; Terminology and Notation; Main Performance Measures; Little’s Equations; Deterministic and Probabilistic Models with Exponential distributions and FIFO discipline; Multiple-server; Finite queue and finite calling population variation; Data Analysis and Goodness Fit Tests
2.Graphs and Network Analysis: Minimum Spanning Tree; Shortest-Path; Maximum Flow; Transportation; Assignment and Transshipment Problems
3.Dynamic Programming: Graph Formulation; Main Characteristics; Contributions Types: additive, multiplicative, additive-multiplicative, max-min e min-max; Applications