AOR BAGC 3101: AGRIBUSINESS OPERATIONS RESEARCH

The origin, nature and impact of operations research. Introduction to theory and practice of mathematical programs including linear programming and network analysis. Equations and graphical presentations of business problems and solutions, linear equations and graphs, slopes, intercepts. Functions: concepts and definitions. Applications of nonlinear functions in business. Linear algebra, solving linear equations with matrix algebra. Business and economic applications of linear algebra. Linear programming: graphical and simplex methods. Applications of linear programming to business problems. Differential calculus, the derivatives and the rules of differentiation, uses of derivatives in business.