37242 Optimisation in Quantitative Management6cp; Forms of attendance in this subject have changed to enable social distancing and reduce the risks of spreading COVID-19 in our community. There may also have been changes to the assessment requirements. Consequently, the Subject Outline information for this subject has changed. Details of the changes may be published in an Addendum to the Subject Outline which is available through your LMS (Blackboard or Canvas).
Requisite(s): 35101 Introduction to Linear Dynamical Systems OR 33230 Mathematical Modelling 2 OR 33290 Statistics and Mathematics for Science OR 37131 Introduction to Linear Dynamical Systems
These requisites may not apply to students in certain courses. See access conditions.
Anti-requisite(s): 35241 Optimisation in Quantitative Management
This subject is intended to introduce optimisation methods and ideas of quantitative management that form an indispensable part of commercial decision support systems in such diverse fields as supply chain management, financial analysis, transportation, production planning and scheduling. It focuses on optimisation techniques for linear models, basic concepts of nonlinear optimisation, and applications of these mathematical methods in management and engineering. The topics covered include linear programming, introduction to nonlinear programming, and introduction to integer programming.
Detailed subject description.