Question: Project 1 : Optimization Define your problem clearly ( what problem are you going to solve using optimization ) Make your assumptions ( As you

Project 1: Optimization
Define your problem clearly (what problem are you going to solve using optimization)
Make your assumptions (As you wish but try to make it realistic). Basically, build your problem by making some assumptions.
Define Decision Variables, Objective functions, Constraints, etc (make it super clear)
Model your problem mathematically
Model and solve it in Excel Solver
Do some sensitivity analysis (provide some insights on the problem and on what your stakeholders would like to hear from you)
Put all above in one powerpoint file
Submit it on-time (each student is supposed to submit one file which is same for each group)
I will choose some teams to present their project on the presentation day (same as submission day). All team members should present
together. No credit if you are absent on the presentation date when I choose your team to present
No credit for late submissions
No excuses if your teammate did not collaborate! it's your opportunity to practice teamwork. so work hard on it.

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