Optimization for Decision Making : Linear and Quadratic Models
Language: English
Published by Springer, 2009
Series: Book 119 of 323 - International Series in Operations Research & Management Science
- Hardcover
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- Title
- Optimization for Decision Making : Linear and Quadratic Models
- Author
- Murty, Katta G.
- Publisher
- Springer
- Publication year
- 2009
- Condition
- As New
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 1441912908
- ISBN 13
- 9781441912909
- Series
- Book 119 of 323: International Series in Operations Research & Management Science
Linear programming (LP), modeling, and optimization are very much the fundamentals of OR, and no academic program is complete without them. No matter how highly developed one’s LP skills are, however, if a fine appreciation for modeling isn’t developed to make the best use of those skills, then the truly ‘best solutions’ are often not realized, and efforts go wasted.
Katta Murty studied LP with George Dantzig, the father of linear programming, and has written the graduate-level solution to that problem. While maintaining the rigorous LP instruction required, Murty's new book is unique in his focus on developing modeling skills to support valid decision making for complex real world problems. He describes the approach as 'intelligent modeling and decision making' to emphasize the importance of employing the best expression of actual problems and then applying the most computationally effective and efficient solution technique for that model.
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From the Back Cover
Optimization for Decision Making: Linear and Quadratic Models is a first-year graduate level text that illustrates how to formulate real world problems using linear and quadratic models; how to use efficient algorithms – both old and new – for solving these models; and how to draw useful conclusions and derive useful planning information from the output of these algorithms. While almost all the best known books on LP are essentially mathematics books with only very simple modeling examples, this book emphasizes the intelligent modeling of real world problems, and the author presents several illustrative examples and includes many exercises from a variety of application areas.
Additionally, where other books on LP only discuss the simplex method, and perhaps existing interior point methods, this book also discusses a new method based on using the sphere which uses matrix inversion operations sparingly and may be well suited to solving large-scale LPs, as well as those that may not have the property of being very sparse. Individual chapters present a brief history of mathematical modeling; methods for formulating real world problems; three case studies that illustrate the need for intelligent modeling; classical theory of polyhedral geometry that plays an important part in the study of LP; duality theory, optimality conditions for LP, and marginal analysis; variants of the revised simplex method; interior point methods; sphere methods; and extensions of sphere method to convex and nonconvex quadratic programs and to 0-1 integer programs through quadratic formulations. End of chapter exercises are provided throughout, with additional exercises available online.
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