Operational Research module (MA32003)

Operational research (OR) is a branch of applied mathematics that uses mathematical modelling, statistics and algorithms to arrive at optimal or near-optimal solutions to complex real-life problems. OR was first used to aid the allocation of scarce military resources and was then successfully adopted across business and industry settings to tackle complex decisions with sometimes enormous financial implications.

In this module, you will learn about Linear Programming, including the structure of these problems and the basic Graphical Approach. You will then meet the famous core algorithm: the Simplex Method. You will tackle Sensitivity Analysis, Duality Theory, Integer Linear Programming and the Branch and Bound Method. You will also meet Transportation Problems, the Transportation and Assignment Algorithms, and general Network Models.