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Brusco, Michael J. – INFORMS Transactions on Education, 2022
There are a variety of discrete facility location models that have practical relevance for operations management and management science courses. Integer linear programming (ILP) is the standard technique for solving such problems. An alternative approach that is often conceptually appealing to students is to pose the problem as one of finding the…
Descriptors: Problem Solving, Spreadsheets, Facilities, Geographic Location
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Brusco, Michael – INFORMS Transactions on Education, 2022
Logistic regression is one of the most fundamental tools in predictive analytics. Graduate business analytics students are often familiarized with implementation of logistic regression using Python, R, SPSS, or other software packages. However, an understanding of the underlying maximum likelihood model and the mechanics of estimation are often…
Descriptors: Regression (Statistics), Spreadsheets, Data Analysis, Prediction
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Wellington, John F.; Lewis, Stephen A. – INFORMS Transactions on Education, 2021
The simple vehicle routing problem (VRP) is a common topic of discussion in introductory operations research/management science courses. The VRP can be framed in a variety of ways, and it can be difficult to solve to optimality. For solution purposes, introductory textbooks demonstrate how Excel's Evolutionary Solver (ES) add-in produces a…
Descriptors: Problem Solving, Motor Vehicles, Traffic Safety, Introductory Courses