Operations Research

Description of the module

Operations research is the study of scientific approaches to decision-making. Through mathematical modelling, it seeks to design, improve and operate complex systems in the best possible way. The mathematical tools used for the solutions of such models are either deterministic and stochastic, depending on the nature of the system modeled. In this class, students will learn very powerful modeling and solutions techniques for decision-making problems that are used today by many successful companies to help them earn and/or save millions of dollars.