{"id":1628,"date":"2024-07-25T18:37:13","date_gmt":"2024-07-25T15:37:13","guid":{"rendered":"https:\/\/www.iem.ihu.gr\/?post_type=course&p=1628"},"modified":"2024-07-25T18:56:27","modified_gmt":"2024-07-25T15:56:27","slug":"64","status":"publish","type":"course","link":"https:\/\/www.iem.ihu.gr\/en\/courses\/64\/","title":{"rendered":"Operational Research"},"author":5,"template":"","meta":{"_acf_changed":false},"semester":[39],"course_type":[58],"class_list":["post-1628","course","type-course","status-publish","hentry","semester-39","course_type-core"],"acf":{"code":"64","semester":39,"level":"1","teaching_activities":{"activity_1":{"description":"Theory","weekly_hrs":4,"ects":5},"activity_2":{"description":"","weekly_hrs":"","ects":""},"activity_3":{"description":"","weekly_hrs":"","ects":""},"activity_4":{"description":"","weekly_hrs":"","ects":""},"activity_5":{"description":"","weekly_hrs":"","ects":""}},"type":58,"language":"\u0395\u03bb\u03bb\u03b7\u03bd\u03b9\u03ba\u03ac","erasmus":"\u039d\u03b1\u03b9","url":"https:\/\/exams-sm.the.ihu.gr\/enrol\/index.php?id=15","prerequisites":"","instructors":"","coordinator":"","content":"\u2022 Introduction to Operational Research (the nature of OR \u2013 Mathematical models and algorithms)\r\n\u2022 Linear Programming (mathematical model, problems formulation, the Simplex method, graphical solution, sensitivity analysis)\r\n\u2022 Transportation and Transshipment Problems (mathematical model, initial feasible solution, optimal solution algorithm, special cases, solution of given problems and case studies)\r\n\u2022 Stock Control (interpretation, costs analysis, main variables and terminology, main stock control systems, systems graphical representation, calculation of main variables)\r\n\u2022 Production Systems Planning (assignment problems \u2013 task scheduling in one, two or three media \u2013 production line balancing)","goals":"Main aim of this course is the students' familiarization with the way of thinking and the logic of the scientific management by understanding, using and applying the models and the techniques of Operational Research (OR). With the completion of the course students are expected to:\r\n\u2022 Understand the concept and the logic of OR models\r\n\u2022 Acquire complete theoretical and practical knowledge of the models and algorithms of the more important OR techniques\r\n\u2022 Practice in the analysis and tackling of real problems and case studies \u2022 Interpret and apply the results of problems' solutions\r\n\u2022 Solve problems and case studies with the use of specialized software (POM-QM)\r\n\u2022 Understand and practice in sensitivity analysis of problems' optimal solution\r\n\u2022 To understand the structure and the characteristics of the main mathematical models of OR\r\n\u2022 To acquire complete theoretical and practical knowledge of the models and algorithms of OR techniques and mathematical algorithms\r\n\u2022 To select the appropriate model for the solution of a given problem\r\n\u2022 To apply the appropriate model in both ways; with 'paper and pencil' and the use of specialized software\r\n\u2022 To evaluate and interpret the results of problems' solutions\r\n\u2022 To compare the results of problems' solutions with alternative data and to come to rational conclusions","skills":"\u2022 Search, analysis and synthesis of data and information with the use of appropriate techniques and algorithms\r\n\u2022 Decision making\r\n\u2022 Promotion of free, creative and inductive thinking\r\n\u2022 Monitoring results\r\n\u2022 Use of specialized software for solving OR problems as well as interpreting the acquired results","teaching_methods":"\u2022 Face to face theoretical and practical lectures\r\n\u2022 Problem solving by hand from the teacher\r\n\u2022 Individual and group problem solving by the students\r\n\u2022 Solving case studies\r\n\u2022 Problem solving via the use of specialized software \u2013 Interpretation of results \u2013 Sensitivity analysis","students_evaluation":"Assessment Language: English \/ Greek\r\nThe final grade is formed by a written final examination.\r\nThe written final examination of the course may include:\r\nFormulating and\/or solving problems of application of the acquired knowledge, short answer questions etc\r\nEspecially for foreign students (e.g. studying through Erasmus programme) it is possible to be assessed by undertaking a project.","bib_textbooks":"1. Dantzing, G.B. and Thapa, M., \"Linear Programming 2, Theory and Implementation\", N.Y.: Springer \u2013 Verlag, 1997.\r\n2. Hillier, F. and Lieberman, G., \"Introduction to Operations Research\", 8th edition, N.Y.: Mc Graw \u2013 Hill, 2004.\r\n3. Lockyer, K. G., \"Production Control in Practice\", London: Pitman Pub, 1975.\r\n4. Raturi, A. and Evans, J., \"Principles of Operations Management\", 1st edition, South Western, 2005.\r\n5. Taha, H. A., \"Operations Research, an Introduction\", 9th edition. Prentice Hall, 2010.\r\n6. Zipkin, P.H., \"Foundations of Inventory Management\", N.Y.: Mc Graw-Hill\/Irwin, 2000.","bib_journals":""},"_links":{"self":[{"href":"https:\/\/www.iem.ihu.gr\/en\/wp-json\/wp\/v2\/course\/1628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iem.ihu.gr\/en\/wp-json\/wp\/v2\/course"}],"about":[{"href":"https:\/\/www.iem.ihu.gr\/en\/wp-json\/wp\/v2\/types\/course"}],"author":[{"embeddable":true,"href":"https:\/\/www.iem.ihu.gr\/en\/wp-json\/wp\/v2\/users\/5"}],"version-history":[{"count":6,"href":"https:\/\/www.iem.ihu.gr\/en\/wp-json\/wp\/v2\/course\/1628\/revisions"}],"predecessor-version":[{"id":2683,"href":"https:\/\/www.iem.ihu.gr\/en\/wp-json\/wp\/v2\/course\/1628\/revisions\/2683"}],"acf:term":[{"embeddable":true,"taxonomy":"course_type","href":"https:\/\/www.iem.ihu.gr\/en\/wp-json\/wp\/v2\/course_type\/58"},{"embeddable":true,"taxonomy":"semester","href":"https:\/\/www.iem.ihu.gr\/en\/wp-json\/wp\/v2\/semester\/39"}],"wp:attachment":[{"href":"https:\/\/www.iem.ihu.gr\/en\/wp-json\/wp\/v2\/media?parent=1628"}],"wp:term":[{"taxonomy":"semester","embeddable":true,"href":"https:\/\/www.iem.ihu.gr\/en\/wp-json\/wp\/v2\/semester?post=1628"},{"taxonomy":"course_type","embeddable":true,"href":"https:\/\/www.iem.ihu.gr\/en\/wp-json\/wp\/v2\/course_type?post=1628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}