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Operational research 410


 
Module code BON 410
Qualification Undergraduate
Faculty Faculty of Engineering, Built Environment and Information Technology
Module content

Review of basic probability, Markov chain models, Markov decision models. Queuing systems: M/M/1 queues (both finite and infinite capacity), etc.; deterministic and stochastic inventory models. Competitive games: pure and mixed strategies, optimum strategy, two-person zero-sum games, graphical methods and applications, LP methods for games. Forecasting: time series problems, different methods of forecasting.
Module credits 16.00
NQF Level 08
Prerequisites (BES 220), (BOZ 312), admission to relevant programme
Contact time 1 tutorial per week, 3 lectures per week
Language of tuition Module is presented in English
Department Industrial and Systems Engineering
Period of presentation Semester 1
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