Subjects

Operations Research

Overview

Operations Research is concerned with the theory and application of statistical, mathematical and scientific methods to solve problems in the design and management of large or complex systems in business, industry and government. The aim is to optimise the use of resources and process flows in order to maximise profit, performance or yield, or to minimise costs, risk or loss.

Areas of study

Optimisation under uncertainty; network design and simulation: emergency vehicle simulation and optimisation. Other areas include: boat routing with uncertain weather; cancer treatment planning; dynamic programming; electricity markets; forestry; heuristics; integer programming & applications; multi-criteria optimisation; vehicle routing; yacht design.

You can study Operations Research in the following programmes:

What you will learn

Operations Research courses teach the techniques used in solving resource management problems and discuss the most common areas of applications.

Career opportunities

High marks are keenly sort after in this area, with many employers preferring a masters degree and for some, a PhD.
Operations research graduates work in a wide variety of businesses and industries, including health, transport, telecommunications, broadcasting, mining, and utilities. The aim is to turn data into meaningful information that can be used to increase the effectiveness or efficiency of systems, or to optimise resource allocation. As a result, Analysts or Consultants contribute to improvements in the design, performance, and management of large and complex systems.
Graduates tend to work as Consultants (for external clients) or as Analysts (within a single organisation).

More information

http://www.science.auckland.ac.nz/uoa/operations-research-pg/