Spring 2015 Mathematics in Management Science Maths for Management Sciences.

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Presentation transcript:

Spring 2015 Mathematics in Management Science Maths for Management Sciences

Some Rules, Please Please try to arrive on time. If you come late, slip in quietly and take the nearest available seat. If you need to leave early, please do so as quietly as possible. Otherwise, plan to stay the entire class. Once class starts, please keep conversation to a minimum.

Management Science The organization & management of complex activities involving large number of step &/or variables. Typical Problems Routing Problems Network Problems Scheduling Problems Goal is to find ‘good’ solution quickly; ‘good’ means resources used efficiently