Course Description

Operations Research (OR) is an essential field that deals with operational planning and control issues across various sectors. This course equips learners with quantitative tools to tackle complex operational problems through methodologies such as the Simplex Method for Linear Programming and the Critical Path Method for project scheduling. It integrates mathematical procedures and active learning exercises to help participants master and apply OR techniques effectively in their professional arenas.

What Students Will Learn

• Apply Operations Research techniques to address and solve operational problems.
• Utilize Linear Programming for optimization tasks such as maximizing profit or minimizing costs.
• Implement project scheduling and management techniques using the Critical Path Method and PERT.
• Analyze and interpret the behavior of stochastic systems using simulation methods.
• Understand the constraints and limitations of various OR techniques.

Prerequisites or Skills Necessary

• Basic knowledge of high school mathematics.
• Understanding of probability distributions, statistics, and ideally, basic calculus.

Course Will Cover

• Introduction to Operations Research and its applications.
• Detailed exploration of the Simplex Method and Linear Programming.
• Advanced techniques in simulation for stochastic operations problems.
• Project management using Critical Path Method and PERT.

Who This Course Is For

This course is tailored for students and professionals in engineering, management, and other sectors seeking to enhance their operational planning and decision-making skills through quantitative methods.

Application of Skills in the Real World

Learners can apply the skills acquired in various real-world contexts such as optimizing production plans, efficient resource allocation, project scheduling and management, and tackling operational issues under uncertainty using simulation. These skills are invaluable in sectors such as manufacturing, construction, financial services, and healthcare, enhancing operational efficiency and decision-making capabilities.

Course Syllabus

1. Introduction to Operations Research
2. Linear Programming and Simplex Method
3. Further Techniques in Simplex Method
4. Transportation Problem and Assignment Problem
5. Critical Path Method for Project Scheduling
6. Further Topics in Critical Path Method
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7. Simulation Techniques
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