Applied Operations Research

Singapore University of Social Sciences

Applied Operations Research (ANL355)

Applications Open: To be confirmed

Applications Close: To be confirmed

Next Available Intake: To be confirmed

Course Types: To be confirmed

Language: English

Duration: 6 months

Fees: To be confirmed

Area of Interest: Business Administration

Schemes: To be confirmed

Funding: To be confirmed

School/Department: School of Business

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Synopsis

ANL355 Applied Operations Research introduces students to the optimization process and covers techniques such as the Simplex Method, Network Simplex, integer programming, non-linear programming and dynamic programming. Case studies will be used extensively to help illustrate the various techniques covered. Hands-on using computer software (e.g., Excel, AMPL) will also be taught in this course.

Level: 3
Credit Units: 5
Presentation Pattern: Every January

Topics

Foundations of Probability and Basic Linear Algebra
Operations Research & Decision Analysis
Linear Optimisation Model
Geometry of the Solution Space
Nonlinear Optimisation
Discrete Optimisation
Decision Tree Analysis
Linear Optimisation under Uncertainty
Risk vs Ambiguity
Simulation Modelling
Random Number Generation
Integration in Decision Modelling

Learning Outcome

Explain relevant concepts used in Operations Research
Describe the relevant business problem to be solved
Use an appropriate operation research technique for a given business problem.
Formulate mathematical models in daily business operations
Interpret the results of the proposed mathematical optimization models
Evaluate the results of various proposed mathematical optimization models for effective decision-making in complex scenarios
Use optimization solver and computer tools to derive the optimal or near-optimal solution of proposed mathematical optimization problems