MXB334 Operations Research for Stochastic Processes

Unit synopsis

This unit builds upon the content of MXB232 and introduces stochastic operations research techniques and other more advanced techniques. This unit will develop and manipulate mathematical and computer models of complex systems composed of people, machines, money and their operating procedures. You will also look at the applications of operations research techniques to solve real-world problems using computer software packages. The topics addressed in this subject are vital in this field and are critical for advanced applications and post-graduate studies in this field.   Topics covered include:  decision analysis; queuing theory; simulation and real life case studies; implementation of heuristic techniques; meta-heuristics; recent developments in stochastics for operations research.

Faculty
Science and Engineering Faculty
School/Discipline
Mathematical Sciences
Study area
Science and mathematics
Credit points
12

Dates and locations

Teaching period Dates Locations
Semester 2, 2019 22 July 2019 - 15 November 2019
  • Gardens Point

Fees

Commonwealth supported place (CSP) student contribution amount
2019: $1,169
Domestic fee-paying student fee
2019: $3,216
International student fee (excluding study abroad students)
2019: $3,852
Study abroad program
Find out more about costs for study abroad students.

Guide to fees

Commonwealth supported place (CSP) student contribution amount
For Australian citizens, permanent visa holders and permanent humanitarian visa holders, and New Zealand citizens who study this unit:
  • as part of a QUT course and are eligible for a Commonwealth supported place (CSP)
  • as a cross-institutional student who has a Commonwealth supported place at their home university.
Domestic fee-paying student fee
For Australian citizens, permanent visa holders and permanent humanitarian visa holders, and New Zealand citizens, who study this unit:
  • as part of a QUT course and are not eligible for a Commonwealth supported place (CSP)
  • as part of a QUT course during Summer Semester
  • as a cross-institutional student who does not have a Commonwealth supported place at their home university
  • as a single-unit study student.
International student fee
For international students who study this unit:
  • as part of a QUT course
  • as a cross-institutional student.

Previous study requirements

Prerequisites
MXB332
Equivalents
MAB625

Guide to previous study requirements

Prerequisites
To enrol in this unit, you must have completed these prerequisite units (or have credit, advanced standing or exemption for them), or be able to demonstrate that you have equivalent background knowledge.
Anti-requisites
You can’t enrol in this unit if you have completed any of these anti-requisite units.
Co-requisites
To enrol in this unit, you must have already completed these co-requisite units, or you must enrol in them at the same time.
Equivalents
You can’t enrol in this unit if you have completed any of these equivalent units.
Assumed knowledge
We assume that you have a minimum level of knowledge in certain areas before you start this unit.

Unit outlines