* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see Withdrawal dates explained for more information).
Unit census dates currently displaying for 2014 are indicative and subject to change. Finalised census dates for 2014 will be available from the 1st October 2013.
This unit develops skills in the optimization of real-life deterministic or probabilistic systems, and is particularly useful for students interested in careers in Operations Research, Engineering, Management, Finance, Economics and Teaching.
The unit introduces students to Linear Programming and Markov Chains, with the focus on developing the ability to solve practical problems. Topics include: Linear Programming - Simplex Algorithm, Phase 1 and 2, Duality, Transportation Problem; Markov Processes - equilibrium analysis of Markov Chains, analysis of absorbing Markov Chains. Students will learn to use MATLAB and TORA for the derivation of the numerical solutions.
FLEXIBLE & ONLINE STUDY OPTIONS Note: Class attendance may still be required
Web supported - H Online access to some part of this unit online is optional
Resource supported teaching & learning - H Additional resources are provided for your optional use; e.g. audio taped lectures
Flexible scheduling - H Some classes will be held outside normal teaching hours; e.g. weekend blocks, summer schools etc
About Flexible Study Options
Units are offered in attending mode unless otherwise indicated (that is attendance is required at the campus identified). A unit identified as offered by distance, that is there is no requirement for attendance, is identified with a nominal enrolment campus. A unit offered to both attending students and by distance from the same campus is identified as having both modes of study.
Campus - H Hobart, L Launceston, W Burnie. Study Centre - V Sydney, R Rozelle, P Beauty Point. Distance units may also have a campus identifier of I Isolated, N Interstate, O Overseas. Units delivered in Transnational Education (TNE) Programs have a campus identifier of A Hangzhou, F Fuzhou, G Shanghai, K KDU Malaysia, Q Kuwait or Y Hong Kong.