R for Industrial Engineers
Production Planning Optimization with R
Operations Research Applications in Production Planning
Operations Research
Operations Research is a scientific approach for decision making that seeks for the best design and operation of a system, usually under conditions requiring the allocation of scarce or limited resources. The scientific approach for decision making requires the use of one or more mathematical optimization models (i.e. representations of the actual situation) to make the optimum decision.
Operations Research techniques are widely applied to optimize problems in multiple fields, including production planning and scheduling, facility location, supply chain, finance, marketing, transportation, and healthcare.
Integer Programming
Integer programming (also referred as IP) is an operations research technique used when (typically) all the objectives and constraints are linear (in the variables) and when all the decision variables are integer.
Interested in learning more about the fundamentals of operations research and integer programming? Feel free to check out the following article:
