Abstract

This subject provides a foundation in basic practice of operations research, that is, solving the decision making problems that commonly confront managers by developing mathematical models of those problems. The emphasis is on understanding the methods of developing mathematical models and the use of a software package in solving the … For more content click the Read More button below.

Syllabus

Linear programmingTransportation, assignment and transhipment problemsNetwork modelsProject managementInventory modelsWaiting line modelsDecision analysisDecision making with probabilities

Learning outcomes

Upon successful completion of this subject, students should:
1.
be able to identify applications where operations research techniques can be used in the decision making process;
2.
be able to construct mathematical models for the various management applications;
3.
be able to interpret/analyse, manually or automatically, the results from the mathematical models studied and use them in making better management decisions;
4.
be able to apply software in the process of decision making

Enrolment restrictions

Available to undergraduate students only. Not available to students who have completed MTH405.