35241 Optimisation in Quantitative Management

6cp; 4hpw
Requisite(s): 35101 Introduction to Linear Dynamical Systems OR 33401 Introductory Mathematical Methods OR 33230 Mathematical Modelling 2 OR 33290 Statistics and Mathematics for Science
These requisites may not apply to students in certain courses. See access conditions.

This subject introduces methods and ideas that form an indispensable part of commercial decision support systems in such diverse fields as supply chain management, financial analysis, transportation, production planning and scheduling. It introduces classical techniques for linear models in quantitative management and basic concepts of nonlinear optimisation. Topics covered include: the two-phase simplex method, the revised simplex method and the dual simplex method; duality theory; sensitivity analysis; branch-and-bound and cutting plane methods for integer programming; and optimality conditions in nonlinear programming.

Typical availability

Autumn semester, City campus

Fee information

2008 contribution for post-2008 Commonwealth-supported students: $907.50
Note: Students who commenced prior to 1 January 2008 should consult the Student contribution charges for Commonwealth supported students
Not all students are eligible for Commonwealth Supported places.

2008 amount for undergraduate domestic fee-paying students: $2,490.00

Note: Fees for Postgraduate domestic fee-paying students and international students are charged according to the course they are enrolled in. Students should refer to the Annual Fees Schedule.

Subject EFTSL: 0.125

Access conditions

Note: The requisite information presented in this subject description covers only academic requisites. Full details of all enforced rules, covering both academic and admission requisites, are available at Access conditions and My Student Admin.