Course information

Mathematical Optimization for Business Problems Course Outline

Module 1: Optimization: Using Models, Validating Models, Solutions, Answers

  • Introduction
  • Significance and Benefits of Models
  • Mathematical Optimization
  • Using Modelling Systems and Software
  • Benefiting from and Extending the Simple Model
  • A Survey of Real-World Problems

Module 2: Problem to its Mathematical Formulation

  • How to Model and Formulate a Problem?
  • Variables, Indices, Sets, and Domains
  • Constraints
  • Objectives
  • Building More Sophisticated Models
  • Mixed Integer Programming
  • Interfaces: Spreadsheets and Databases
  • Creating a Production System
  • Collecting Data
  • Modelling Logic
  • Practical Solution of LP Models

Module 3: Mathematical Solution Techniques

  • Introduction
  • Linear Programming
  • Mixed Integer Linear Programming
  • Interpreting the Results
  • Duality

Module 4: Mathematical Solution Techniques

  • Unconstrained Optimization
  • Constrained Optimization-Foundations and Theorems
  • Reduced Gradient Methods
  • Sequential Quadratic Programming
  • Interior-Point Methods
  • Mixed Integer Nonlinear Programming
  • Global Optimization

Module 5: Impact and Implications of Optimization

  • Benefits of Mathematical Programming to Users
  • Implementing and Validating Solutions
  • Communicating with Management
  • Keeping a Model Alive
  • Mathematical Optimization in Small and Medium Size Business
  • Online Optimization by Exploiting Parallelism

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Who should attend this Mathematical Optimization for Business Problems Course?

The Mathematical Optimization for Business Problems Course in Washington D.C. is designed for professionals seeking to harness the power of mathematical techniques to solve complex business challenges. This course is beneficial for a diverse range of individuals, including:

  • Operations Managers
  • Supply Chain Analysts
  • Data Analysts
  • Financial Analysts
  • Marketing Managers
  • Logistics Coordinator
  • Manufacturing Engineers

Prerequisites of the Mathematical Optimization for Business Problems Course

There are no formal prerequisites required for the Mathematical Optimization for Business Problems Course in Washington D.C.. However, basic understanding of mathematics, including algebra and calculus, can be beneficial for the delegates.

Mathematical Optimization for Business Problems Course Overview

Mathematical Optimization for Business Problems is a crucial course aimed at unraveling the intricacies of optimizing complex business strategies and decision-making processes. In today's dynamic business landscape, mastering the principles of optimization is paramount for enhancing operational efficiency and maximizing profits. This course in Washington D.C. provides a comprehensive exploration of core optimization principles.

Mastery of Mathematical Optimization equips individuals, especially Business Analysts, aspiring analysts, and decision-makers, with the analytical skills needed to streamline workflows and drive optimal outcomes. In an era where data-driven decisions shape success, understanding optimization is not just beneficial but essential for professionals aiming to stay ahead in their roles.

This intensive 1-day training in Washington D.C. by The Knowledge Academy is tailored to empower delegates with actionable skills in Mathematical Optimization for Business Problems. Through hands-on learning experiences, real-world case studies, and interactive sessions, delegates will gain a deep understanding of optimization algorithms, mathematical modeling, and effective problem-solving techniques.

Course Objectives

  • To comprehend the core principles of mathematical optimization in business
  • To empower professionals with skills to enhance operational efficiency through optimization
  • To enable participants to decipher data patterns for strategic decision-making
  • To provide hands-on experience in applying optimization algorithms
  • To equip Business Analysts with the tools to streamline workflows for optimal outcomes
  • To instill confidence in delegates to tackle complex business challenges using mathematical optimization

Upon completing this course in Washington D.C., delegates will not only acquire a solid understanding of mathematical optimization but also gain practical skills in applying optimization algorithms and mathematical modeling. This newfound expertise will empower them to make data-driven decisions, streamline workflows, and contribute significantly to their organizations' success.

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What’s Included in this Mathematical Optimization for Business Problems Course?

  • World-Class Training Sessions from Experienced Instructors
  • Mathematical Optimization for Business Problems Certificate
  • Digital Delegate Pack

Why choose us

Our Washington D.C. venue

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Air conditioned

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Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Washington D.C is the capital of the United States and is a federal district. Washington has around 660,000 inhabitants living in the area.

Washington D.C is the home to a variety of universities such as the American University which is a private research university. The university is affiliated with the United Methodist Church. The university was established in 1893 and was approved by former President Benjamin Harrison. The university enrols around 13,000 students a year who are either undergraduate or graduate students. Students at American University have backgrounds of more than 150 nationalities. The American University is also very well known for its study abroad programs in which students can participate in a number of programs around the world.

The George Washington University is another university located in Washington D.C. The university is a private research university and is the largest institution in the District of Columbia. The George Washington University was established in 1821. The university currently has around 25,300 students in attendance with the majority of those studying postgraduate degrees. Some of the courses available at the George Washington University include; Arts, Science, Business, International Affairs, Public Health, Professional Studies, Engineering, Applied Sciences, Nursing and Medicine, Politics and Law.

Another university located in Washington D.C is the Gallaudet University which is a private university for deaf and hard of hearing students. The university has around 2,000 students in attendance. Gallaudet was established in 1864 and was originally a grammar school for deaf and blind children until it became the university. Gallaudet is famous for being the only university that primarily teaches classes specifically accommodated to deaf and hard of hearing students. The university is bilingual using American Sign Language (ASL) and English.

Georgetown University is a private research university in Washington and was established in 1789 making it the oldest catholic and Jesuit institute in the United States. There are around 18,000 students who attend the university each year and study a variety of degrees. Some notable alumni from Georgetown University include eight former heads of state, Bill Clinton, Bradley Cooper and a variety of others. 

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Address

AdvantEdge Business Centres,

5335 Wisconsin Avenue,

Suite 650,

Washington D.C

United States

T: +1 7204454674

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Business Analyst Training | Mathematical Optimisation For Business Problems in Washington D.C.. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's Business Analyst Training | Mathematical Optimisation For Business Problems in Washington D.C., accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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The training fees for certification in Washington D.C. starts from $1295
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