Program Overview

MTH309 Principles of Operations Research

This subject provides a foundation in the basic practice of operations research, focusing on solving 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 problems.

Subject Information

• Grading System: HD/FL
• Duration: One session
• School: School of Computing and Mathematics
• Prerequisites: MTH101

Learning Outcomes

Upon successful completion of this subject, students should:

• be able to identify applications where operations research techniques can be used in the decision-making process
• be able to construct mathematical models for the various management applications
• be able to interpret/analyse, manually or automatically, the results from the mathematical models studied and use them in making better management decisions
• be able to apply automated tools in the process of decision making

Syllabus

This subject will cover the following topics:

• Linear programming
• Transportation, assignment, and transhipment problems
• Network models
• Project management
• Inventory models
• Waiting line models
• Decision analysis
• Decision making with probabilities

Availability

• Session 1 (30)
• Online
• Albury-Wodonga Campus