SCM 460: Mid-term Exam Flashcards
The concept of Optimization?
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Different types of modeling approaches: Optimization
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Different types of modeling approaches: Heuristic
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Different types of modeling approaches: Simulation
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Decision variables
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Objective function
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Constraints
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Linear Function
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Non-Linear Functions
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Linear vs. non-linear functions
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Integer programming
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Branch-and-bound method
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Simplex algorithm
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Binary variables
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Types of math programming models: LP
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Types of math programming models: NLP
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Types of math programming models: ILP
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Types of math programming models: MILP
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Types of math programming models:
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Infeasible Solution
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Unbounded Solutions
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Multiple-optimal Solutions
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Binding constraints
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Redundant constraints
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Production model
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Classical transportation problem
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Transportation problem with binary decision variables
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Network model (capacitated transshipment model)
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Nodes and arcs
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Arc capacities
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Demand and supply effect on constraints
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Net supply concept and flow constraints
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System of linear equations
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Point of indifference
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MRP, DRP
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Supply Chain concept
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