Teaching Responsibility
LJMU Schools involved in Delivery:
LJMU Partner Taught
Learning Methods
Online
Module Offerings
7504UCENPG-SEP_NS-PAR
Aims
This module introduces a set of fundamental techniques and tools to assist engineers and managers in making better decisions on real world management/business problems.
Learning Outcomes
1.
Select an appropriate mathematical modelling tool.
2.
Model a problem and apply the most appropriate tools to solve or optimise it.
3.
Interpret the results to make a better management/business decision.
Module Content
Outline Syllabus:
Quantitative methods. Operations Research. Operations Research (OR) solver software. Mathematical Programming: Modelling problems in mathematical programming. Solving operational/management problems using mathematical programming techniques.
Sensitivity Analysis: Effect of changes on current optimal settings, Changes in profit or cost, Changes in the availability/capacity/demand of resources. Addition of new products/activities/constraints.
Network models and applications: Network modelling and designing networks. Finding the least amount of travel/lines/cables to connect multiple locations. Finding the shortest transport route, Maximising amount of goods sent between locations.
Applications of transport models: Dealing with product supplies and demands in multiple locations, Production scheduling to meet future demands, Allocation of workers/machines to jobs, Transhipment problems.
Quantitative methods. Operations Research. Operations Research (OR) solver software. Mathematical Programming: Modelling problems in mathematical programming. Solving operational/management problems using mathematical programming techniques.
Sensitivity Analysis: Effect of changes on current optimal settings, Changes in profit or cost, Changes in the availability/capacity/demand of resources. Addition of new products/activities/constraints.
Network models and applications: Network modelling and designing networks. Finding the least amount of travel/lines/cables to connect multiple locations. Finding the shortest transport route, Maximising amount of goods sent between locations.
Applications of transport models: Dealing with product supplies and demands in multiple locations, Production scheduling to meet future demands, Allocation of workers/machines to jobs, Transhipment problems.
Additional Information:
This module will teach you how to model an operational problem in your business or organisation, how to select and apply a quantitative method to solve it, and how to interpret the results to make a better management decision.
This module will teach you how to model an operational problem in your business or organisation, how to select and apply a quantitative method to solve it, and how to interpret the results to make a better management decision.