This module shows that aspects of certain managerial problems such as optimal allocation of resources, transporting goods economically, and assigning workers to jobs can be modelled mathematically and their solutions can be found efficiently by Management Mathematics techniques. This module also presents some optimisation methods for a class of managerial applications such as inventory management, project management, waiting line, job shop scheduling, among others.
Learning Outcomes
Assessment
22511-01 : CA Sem 1 : Coursework (10%)
22511-02 : CA Sem 2 : Coursework (10%)
22511-03 : Exam : Exam (Centrally Timetabled) - Written Unseen (80%)
Assessment Methods & Exceptions
20% based on work during term-time,
80% based on a 3-hour examination in the Summer Term linked.