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IND4321

Operations research 1

P Lochert

4 points * 48 lecture and laboratory hours * First semester * Caulfield * Prerequisites: ENC3311

Objectives The student is expected to develop skills in and tools for the modelling of a system and statistical modelling.

Synopsis Philosophy of OR, analysis and modelling of a system. Use of simulation as an analysis tool. Systems simulation: the simulation process and business complexity, discrete-event system simulation, queuing models, inventory systems, analysis of simulation data, verification and validation of simulation models, use of simulation languages and computers. Statistical modelling: multiple linear regression, parameter estimation, model assessment, use of residual analysis. Multivariate data analysis.

Assessment Examination (3 hours): 70% * Assignment and presentation: 30%

Recommended texts

Taha H Operations research: An introduction 7th edn, Macmillan, 1992


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