Course Details

The workshop focuses on how to identify optimal solutions in various business scenarios, across different industry verticals. Participants will learn how to formulate, analyse and solve optimisation models to achieve desired objectives / outcomes in the real world. The course covers concepts of linear programming, integer programmes, nonlinear programmes, dynamic programming, network flow problems and queuing models and its real life applications in major business verticals. Facilitator: Dr Amit Garg, Founder and Chief Scientist of ORMAE and Guinness World Record Holder in Mathematics Learning Outcomes Better decision making for managers with regards to vendor selection / project or product management in the domain of Operations Research. Understand real world, practical applications of various optimisation techniques like linear programming, non-linear programming, integer programming, metaheuristics in different industrial scenarios. Framing a real-world problem as a mathematical programming model and understand the theoretical workings of simple method in linear programming performing iterations by hand. Hands-on training on optimization solvers, including Excel Solver Add-In How to evaluate suitability, risks and RoI of using industry standard optimization software like IBM ILOG CPLEX / Gurobi/ Other Commercial and Open Source