Operations Archives | MBTN Academy - Online Learning Tutorials, Problem Sets, and Certifications for Business Education
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Operations

02 Mar

Posted at 18:47h in Business Math, Excel Tools, Online Education, Operations, Optimization

This month's free tutorial preview is of our recently released Optimization 2 module, the second in a new series for operations and business math courses. At its core, linear programming seeks to find the best possible outcome from a set of linear constraints, often with the goal of maximizing or minimizing a particular objective. One of the highlights of this module is the exploration of the Microsoft Excel Solver add-in, which brings the power of linear programming to the fingertips of Excel users....

01 Jan

Posted at 07:30h in Entrepreneurship, Inventory, Online Education, Operations, Optimization

Best wishes for a joyful and prosperous New Year from MBTN Academy. We're looking forward to bringing you more analytical content in 2024 to improve your decision making skills. This month's free MBTN Academy tutorial tackles key economic decisions in inventory management. Efficient inventory management decision making is essential for manufacturing and retail businesses, where striking the right balance between ordering costs, inventory holding costs, and optimizing quantities is pivotal....

03 Aug

Posted at 07:02h in Business Math, Excel Tools, Online Education, Operations, Optimization

MBTN Academy is pleased to announce the beta release of a the first in a new series of modules on optimization authored by Alexander Skvorchevsky. Optimization is the process of finding the best managerial decision from an array of feasible solutions according to criterion and constraints. Faculty may add Optimization 1 to any existing Fall class at no additional cost....