Postgraduate Certificate in Operations Research Concepts
-- ViewingNowThe Postgraduate Certificate in Operations Research Concepts is a comprehensive course designed to equip learners with essential skills in problem-solving, data analysis, and decision-making. This certification program focuses on teaching advanced mathematical and statistical methods to optimize complex systems and processes, making it highly relevant to various industries such as finance, manufacturing, healthcare, and logistics.
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⢠Linear Programming: formulation, simplex method, duality, sensitivity analysis
⢠Integer Programming: formulation, branch and bound, cutting plane methods
⢠Network Flows: flow networks, maximum flow problem, transportation and assignment problems
⢠Queueing Theory: single and multiple server queues, performance metrics, stochastic processes
⢠Inventory Theory: single and multi-item models, order policies, safety stock
⢠Simulation: modeling and analysis of complex systems, variance reduction techniques
⢠Decision Analysis: decision making under uncertainty, expected utility theory, decision trees
⢠Optimization Algorithms: gradient methods, Newton's method, interior point methods
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