DS 808 Optimation Methods II Project
Project Guidelines:
Throughout the term we saw several examples where we used optimization (and some simulation) techniques to model and solve decision problems. The course project is meant for you to explore how techniques from this class can be applied to a problem that you personally find interesting (maybe relevant to your current/prior work). You can approach your project in either one of the following two ways:
• Research: Searching in the literature for existing optimization or simulation models that have been developed for that problem (preferably in academic papers), and then describing at least one of those models in detail (e.g., going through the list of variables, objective function, and constraints, and some results). • Applied: Rolling up your sleeves and developing an optimization or simulation model for that problem on your own, and then presenting your model & results. (Your model doesn’t have to be too complicated or perfect. It could resemble one of the models we see among class examples, and/or it could be implemented for a small instance of the real problem you are considering).