Operational research is a systematic way of dealing with decision making.
Complex organisations generate complex decision problems and a systematic method of decision making is therefore desirable, even essential, in an industrial society. This course is concerned with linear programming and related models, which are applicable to optimal decision making in firms and other organisations. While the models covered in the course are small, the methods are applicable to much larger problems such as those which are found in real life situations. The course includes a study of the theory underlying such decision models together with applications. Game theory and duality theory are also introduced.