Optimization Models

After reviewing the optimization models in the text, select one model that you can use to improve a specific business process. Explain your reasoning. You can work with a business process at your current job, previous jobs, think of a hypothetical situation (i.e. how FedEx may be routing their shipments or how a call center may be scheduling their employees), or use the scenario from the discussion in Week 1.

-Define the problem

-Collect and summarize data

-Develop a model

-Verify the model

-Select one or more suitable decisions

-Present the results to the organization

-Implement the model and update it over time