Skip to main content

ISMAT 81

Operational Research

Business Management
  • ApresentaçãoPresentation
    In the business context, events and results are produced or influenced by the combined effect of numerous decisions made by the manager. Operational research involves a set of methodologies that aim to structure processes and support decision making through model building. In this curricular unit, the main concepts and techniques of Operational Research are presented and their application is illustrated in optimization problems, aiming, for example, to minimize costs, maximize profits, choose the best routes and use resources efficiently. This curricular unit prepares students to be better managers by developing important decision support skills.    
  • ProgramaProgramme
    S1: Introduction to Operational Research; S2: Formulation of Linear Programming Problems; S3: Graphical Resolution of Linear Programming Problems; S4: Simplex Algorithm for Linear Programming Problem Solving; S5: Problem solving with artificial variables; S6: Duality in Linear Programming and dual simplex algorithm; S7: Sensitivity analysis and post-optimization; S8: Transport problems and affectation problems; S9: Network optimization; S10: Use of software for the application of Operational Research techniques.
  • ObjectivosObjectives
    At the end of this curricular unit, students should be able to: LO1: Execute the mathematical formulation of problems in the Management area; LO2: Identify appropriate Operational Research techniques for problem solving; LO3: Apply Operational Research techniques in practical cases, with and without software; LO4: Critically analyze the results obtained through Operational Research techniques, taking into account the context of the problems.  
  • BibliografiaBibliography
    Hill, M. & Santos, M. (2015). Investigação Operacional, Vol. 1: Programação Linear (3ª ed.). Lisboa: Edições Sílabo. Hill, M. & Santos, M. (2015). Investigação Operacional, Vol. 2: Exercícios de Programação Linear (3ª ed.). Lisboa: Edições Sílabo. Hill, M., Santos, M. & Monteiro, A. (2015). Investigação Operacional, Vol. 3: Transportes, Afectação e Optimização de Redes (2ª ed.). Lisboa: Edições Sílabo.  
  • MetodologiaMethodology
    The teaching methodology includes the expository method (TM1) to present the contents, the demonstrative method (TM2) to illustrate its application to practical cases and the active method (TM3) to solve classroom exercises, with and without the use of a computer, using Problem-Based Learning.  The assessment is made by continuous assessment or written exam. The preferential assessment scheme is the continuous assessment throughout the semester, consisting of two written tests (individual) with a weight of 35% each, a group work (two or three students) with a weight of 20% and active participation in classes with a weight of 10%.
  • LínguaLanguage
    Português
  • TipoType
    Semestral
  • ECTS
    5
  • NaturezaNature
    Mandatory
  • EstágioInternship
    Não