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 436-475 Operations Research 2

Credit Points

7.1

Coordinator

Dr A. Wirth

Semester

2

Contact

18 hours of lectures and 18 hours of tutorial/practice classes

Subject Description

By the end of the subject students should be able to; apply a range of deterministic and stochastic models to inventory problems; use decision theory to analyse decision making under risk; use queuing models to determine the behaviour of service facilities; solve equipment replacement and other problems using Markov processes; appreciate the significance of a game theoretic approach to the negotiation process.

Topics covered include; decision making under risk. Inventory control models. Queues. Markov processes. Game theory.

Assessment

One three-hour examination paper; assignments to a maximum of 5000 words, or equivalent



Search : Index : Faculty of Engineering : Mechanical and Manufacturing Engineering
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Status:                   Official 1998
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Email Enquiries:          Course_Information@registrar.unimelb.edu.au