The class in Advanced Operations Research switches due to the current situation to full distance mode. The defined assignments will still be held in the regular format (also see syllabus section "assessment"). The conditions of the final exam will be the same for every class participant and, hence, an online exam.

The hybrid sessions will be recorded and made available within MS Teams and within Learn@WU (via lecture casts).

The course provides an introduction to the theoretical aspects and practical adaptation of Operations Research methods for modelling and solving linear optimization problems and analysing data, especially in production, transportation, logistics and marketing.

Topics include:

- PART I:

• Data analysis
• Simulation

- PART II:

• Modelling of optimization problems
• Introduction to solving optimization problems using standard software
• Sensitivity analysis

After attending this course, students will be able to:

• Apply techniques learned in OR 1 to solve problems
• Generate solutions using standard software
• Interpret the optimal solution and perform elementary sensitivity analysis
• Create elementary simulations of typical production, logistics and service systems.

Attendance requirement is met if a student is present for at least 80% of the lectures.

The course is taught using a combination of lectures, classdiscussions, homework and in-class assignments.

The assessment of OR 2 is based on three marks: a group mark for home assignments and individual marks for the exam and in-class assignments. The overall structure is as follows:

• Group mark (40%).
• Exam (40%): The exam at the end will be undertaken on an individual basis.
• Individual assignments (20%).

The details for each part of the course are as follows:

- PART I: 

• 2 in-class assignments 5% each (total 10%)
• 2 group assignments 10% each (total 20%)
• Online exam (20%)

- PART II:

• 1 Homework (10%)
• 1 Case study  (20%)
• Remote take home exam (20 %)

Grading scale:

• Excellent (1): 90% - 100%
• Good (2): 80% - <90%
• Satisfactory (3): 70% - <80%
• Sufficient (4): 60.0% - <70%
• Fail (5): <60.0%

Prerequisite for passing the course: minimum performance of 40% in the final examination.

Prerequisite: MSc SCM course "Operations Research (OR)".

Participation is restricted to MSc SCM students (WU Wien).