For your final project, you will build and optimize a nonlinear model. This model will be a design of your own choosing and the topic must first be cleared by the professor.
Part I: Define your model, model decisions and how you will evaluate outcomes.
Examples: a building project (building a house addition for example); saving for retirement; the cost of for-profit education; inventory maintenance
This assignment must be between 1 and 2 pages (but no more than 2). Introduce your model by explaining what it is and why you are choosing it. Define your parameters (controllable variables - what you have influence over) and main objective (what are you trying to do? Maximize profit? Minimize cost?).
**Part II will be to sketch your model on paper, so be prepared for that.