MGT3011   Decision Sciences and Optimisation   (20 credits)

Description

The module will provide an extensive overview on methodologies for supporting decision making within complex systems, with particular emphasis on industry and business management. A large set of quantitative methods from Decision Sciences will be presented, including fundamentals of Operational Research, Simulation tools and development of tailored Decision Support Systems (DSS) in semi-structured management problems. Real-world success cases arising in manufacturing, healthcare, logistics and service management will be analysed, where the combined use of DSS, Statistical Analyses and Optimisation Methods secured a breakthrough support for strategic and operational management to achieve optimal solutions while satisfying all system constraints.

Reading List