MTH309 Principles of Operations Research (8)

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 problems.

Availability

Session 1 (30)
Online
Albury-Wodonga Campus

Continuing students should consult the SAL for current offering details: MTH309. Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

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.

The information contained in the CSU Handbook was accurate at the date of publication: January 2020. The University reserves the right to vary the information at any time without notice.

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