OR 680: Group Projects
Personal Banking: A Capital Budgeting Problem
We, as individual investors, have available to us a variety of investment
options. Without reliable information on how alternative deposit
distributions affect our short term rate of return prospects, we will be
unable to take full advantage of these opportunities. OR techniques can
provide the flexible guidance not otherwise available to individuals.
Group members (* indicates originator of project):
- Mathew Goldstein*
- David Hill
- Kevin Vink
Analysis & Predictability of the Effectiveness of Navy Platforms
The situation in which only a small number of Navy platforms are
available to perform critical missions raises a special challenge to
analysts. As political and budget considerations bring the number of Navy
inventory assets to record low levels, and as the geopolitical situation
demands a more complex commitment of those assets, it becomes vital for
the analyst to rely on other methods besides steady-state models and
expected values. Instead, one has to develop new approaches based on a
detailed analysis of scheduling and operational issues which will
accurately predict the effectiveness of those platforms for the intended
missions.
Group members:
- Julie Anderson
- Matthew Chesney
- Anne Milewich*
Locating Lubricant Distribution Centers for Mobil Oil
Mobil Oil Corporation produces a variety of lubricants at three
refineries in the United States. A large quantity of these lubricants are
sold in Canada, but it is not efficient to ship products directly from
the US refineries to the Canadian customers. Instead, Mobil would like to
set up a (relatively small) number of distribution centers which would
act as intermediaries between the refineries and the customers. The goal
of this project is to determine the optimal number and location of
distribution centers, so as to improve efficiency and to reduce costs.
Group members:
- Russell Hall
- Dan McNamara
- Scott Swann