Class Syllabus

Date

Topic For next class Download

Lecture 1

  • Course overview
  • Introduction to decision models; scale and complexity
  • Linear programming formulation
  • Demonstration of the spreadsheet optimization method
  • Formulate ad solve the "Shelby Shelving" case (in the reading book on pp. 68-69 prepare to discuss in class but do not write up a formal solution)

Lecture 1 Notes

Bland0.xls

Bland.xls

Lecture 2

  • Two formulation examples
  • Shelby Shelving case
  • Homework 1 is assigned homerwork1.pdf
  • Read and try question (a) of “Petromor: The Morombian State Oil Company.” (Prepare to discuss in class, but do not write a formal solution.)
  • Optional reading: “Graphical Analysis' in the reading book.
  • Load the Solver Table into your Excel (you need to have Solver installed before attempting to load SolverTable. They are separate programs.) Instructions are here.

Lecture 2 Notes

Trans0.xls

Trans.xls

Staffing0.xls

Staffing.xls

Shelby0.xls

Shelby.xls

Shelby-tables.xls

Petromor.xls

Lecture 3

  • Sensitivity analysis (on Shelby)
  • Bidding/Assignment models

·      Try optimization Practice Problems #2 and # 5 (in the reading book).

Lecture 3 Notes

Petromor0.xls

Petromor.xls

Shelby-ST.xls

Lecture 4

  • Multiperiod planning
  • Cash Flow Matching LP, Project funding example

·      Optional reading: “Improving Gasoline Blending at Texaco” in the reading book

Lecture 4 Notes

Nsc0.xls

Nsc.xls

Projfund0.xls

Projfund.xls

Projfund-with-ST.xls

Lecture 5

·      Integer Programing : plant location example

·      Portfolio Optimizaton I

·      Optional reading: « Exploring the New Efficient Frontier » and « Asset Allocation in a Downside-Risk Framework » in the reading book.

·      Try optimization Practice Problems # 7, #8, and #9 in the reading book.

Lecture 5 Notes

Plant0.xls

Plant.xls

Plant_if.xls

Invest0.xls

Invest.xls

EmoryU-Article

Lecture 6

·      Portfolio Optimizaton II

·      Homework #1 is due !

·      Homework 2 is assigned.

Lecture 6 Notes

Ten-stocks.xls

Ten-stocks0.xls

Ten-stocks-with-shorting.xls

Ten-stocks-with-int.xls

Negcorrel.xls

Highcorrel.xls

Lowcorrel.xls

Lecture 7

·      GMS stock Hedging

·      Introduction to Retailer Simulation

·      Crystal Ball Software will be handed out in class !

·      Optional reading : « His goal : No room at the Inns, » « Computes as Price Setters Complicate Travelers’s Lives, » « Makinf Supply Meet Deamand in an Uncertain World. » and « Yield Management at American Airlines » in the reading book.

·      Try optimization Practice Problems #11, #13, and #14 in the reading book.

Lecture 7 Notes

Gold.xls

Gold0.xls

Retail.xls

Retail-zip-file

Lecture 8

·      Retailer case

·      Retailier analysis

·      Install Crystal Ball on your computer

Lecture 8 Notes

Ret_Ip0.xls

Ret_Ip.xls

Lecture 9

·      Introduction to simulation

·      Introduction to Crytal Ball

·      Try Simulation Practice Problems #1 and #2in the reading book.

Lecture 9 Notes

Coin.xls

Asiaoil0.xls

Asianoil.xls

Lecture 10

·      Risk Management simulation example

·      Ski jacket case

·      Homework #2 is due !

·      Reeading « identifying, Measuring, and Hedging Currency Risk at Merck, » « Merck's 1995 Annual Report, » and « Managing Risk » in the reading book.

Lecture 10 Notes

Ski0.xls

Ski.xls

Ski2.xls

Lecture 11

·      Risk Management at Merck

·      Using Simulation for Foreign Currency Risk Management

·      Try Simulation Practice #3 in the reading book.

Lecture 11 Notes

Merck_u0.xls

Merck_u.xls

Merck0.xls

Merck.xls

Lecture 12

·      Introduction to Value at Risk

·      Bond Applications

·      Course review and wrap-up

 

Lecture 12 Notes

Putnam.xls

Putnam0.xls

Premier.xls

Premier0.xls

Final Exam

·       

 

SampleQuestions.pdf

SampleSoutions.pdf

Brition.xls

Nifty.xls