Engineering management C
G Leary
3 points * 39 class hours * Second semester * Caulfield * Prerequisites: MAC2912
Optimisation. Review of unconstrained and constrained optimisation of functions. LP problem formulation and graphical solution. LP solution algorithms. Simplex, Big M and 2-phase method. LP post optimality analysis. Problems of degeneracy. Solution via computer package. The assignment problem. The transportation problem. Network analysis. Shortest path. Minimal spanning tree. Maximal flow. Decision theory. Decision trees. Decision making under uncertain theory. Bayes theorem and its application in decision models. Two-person zero sum game theory and its application. Dynamic programming. Problem formulation. Use in multistage decision processes.
Assessment
Examinations (3 hours) 70% * Assignments and coursework: 30%
Recommended texts
Lee S M and others Management sciences 2nd edn, Brown, 1985
Taha H A Operations research: An introduction 5th edn, Macmillan, 1992