Optimization in Manufacturing Systems, Fundamentals
Optimization is the discipline of finding the best alternative among a set regarding a specific criterion and given constraints. Since there are various different types of optimization problems, there is no single method available for solving all of them. Hence, a number of different methods have been developed to obtain the best result in a specific situation depending on the problems structure that has to be solved. The ultimate goal of these methods is to identify the alternative that either minimizes the effort required or that maximizes the desired benefit that is connected to the considered problem (Rao 2009).
Theory and Application
Operations Research is the translation of a real decisional problem into a quantitative one that can be solved by mathematical programming.
Mathematical Programming Fundamentals
According to Rao, an optimization or a mathematical...
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