(CE 110401346)
What is Optimization?
Good or Bad
Equipment Assignment Example
Equipment Assignment Example III
Sources of Material Example II
Sources of Material Example IV
Sources of Material Example VI
What is Optimization?
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System Modeling
Optimization
Optimization
Goal
Maximize profit from investment
Objective 1 Objective 2
Minimize Cost Maximize Income
Optimization Methods
Analytical
Linear Programming
Non Linear Programming
Combinatorial
Dynamic Programming
Meta-Heuristics
Genetic Algorithms
Simulated Annealing
Tabu Search 17
Analytical Methods
18
Analytical Methods
Calculus Methods
20
Calculus Methods
Solutions Steps:
1. Formulate an optimization model
2. Find the extreme points (points of maximum and
minimum) by differentiation
3. Check for maximum or minimum conditions by
taking second derivatives
4. Check for global maximum or minimum by
comparing extreme points (from step 2) to
boundary or constraint limits
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Calculus Methods
22
Calculus Methods
23
Calculus Methods (Example)
25
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