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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โข Linear Programming: formulation, simplex method, duality, sensitivity analysis
โข Integer Programming: formulation, branch and bound, cutting plane methods
โข Network Flows: flow networks, maximum flow problem, transportation and assignment problems
โข Queueing Theory: single and multiple server queues, performance metrics, stochastic processes
โข Inventory Theory: single and multi-item models, order policies, safety stock
โข Simulation: modeling and analysis of complex systems, variance reduction techniques
โข Decision Analysis: decision making under uncertainty, expected utility theory, decision trees
โข Optimization Algorithms: gradient methods, Newton's method, interior point methods
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