INE599S Topics: Optimal Resource Allocation Methods in industrial Systems

[3–0, 3 cr.]

This class is an introduction to resource allocation methods using systematic approaches based on mathematical models and cost-benefit analysis. These methods allow planners determine the optimal allocation that offers the most value and impact. Topics include traditional traffic models, in addition to novel intelligent dynamic models. These models can be used for efficient capacity planning and resource allocation in assembly systems consisting of dedicated and reconfigurable lines, in call centers, and in transportation. These methods can also be used by industrial support teams to make better staffing decisions while maintaining constraints.  

Prerequisites: GNE3331 – Probability and Statistics & fourth-year standing