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IB3A7-15 The Practice of Operational Research

Department
Warwick Business School
Level
Undergraduate Level 3
Module leader
Eleanor Reynolds
Credit value
15
Module duration
10 weeks
Assessment
20% coursework, 80% exam
Study location
University of Warwick main campus, Coventry

Introductory description

The module equips students with the skills to conduct analytical / OR projects in
organisations, with an emphasis on practical aspects. Alongside some 'technical',
numbers-based content, the module explores the 'soft' tools needed to make analytical
projects succeed by aligning analysis with business aims. In this context, students develop
basic skills in problem structuring methods (PSMs) to allow them to assume an holistic
perspective. Students are asked to critically evaluate the impact of real-world analytical
projects and to develop their critical thinking and logical reasoning skills to this end.
Students are expected to work collaboratively and the group work elements includes work
on a modelling project.

Module web page

Module aims

The module equips students with the skills to conduct analytical / OR projects in
organisations, with an emphasis on practical aspects. Alongside some 'technical',
numbers-based content, the module explores the 'soft' tools needed to make analytical
projects succeed by aligning analysis with business aims. In this context, students develop
basic skills in problem structuring methods (PSMs) to allow them to assume an holistic
perspective. Students are asked to critically evaluate the impact of real-world analytical
projects and to develop their critical thinking and logical reasoning skills to this end.
Students are expected to work collaboratively and the group work elements includes work
on a modelling project.

Outline syllabus

This is an indicative module outline only to give an indication of the sort of topics that may be covered. Actual sessions held may differ.

Students are introduced to the field of Operational Research with emphasis on recent developments in the area of Analytics. A
collection of qualitative (Problem Structuring) and quantitative methods are introduced including:

  • Systems Thinking;
  • Problem Structuring Methods;
  • Causal Mapping;
  • Soft Systems Methodology (SSM)
  • Spreadsheet Modelling;

The module will focus on a selection of methods; this selection may vary from year to year. The critique of an Operational Research/Analytics project is also covered on the module.

Learning outcomes

By the end of the module, students should be able to:

  • Understand the practical issues involved in undertaking OR / analytical projects in the real world
  • Understand the stages of an OR / analytical project.
  • Understand how to apply soft and hard OR tools to real-world problems.
  • Critically evaluate impact of real-world OR / analytical projects
  • Argue for or against / justify a particular approach to an organizational problem
  • Solve quantitative problems using spreadsheet models
  • Think innovatively / creatively about organizational problems using PSMs

Indicative reading list

Gifford T, Gremley R (2019) ‘Chassis Leasing and Selection Policy for Port Operations’. INFORMS Journal on Applied Analytics 49(4):239-248
Hindle, G and Vidgen, R (2018) ‘Developing a business analytics methodology: A case study in the foodbank sector’, European Journal of Operational Research, 268 (3)
Jackson, M (2019) Critical Systems Thinking And The Management Of Complexity, Chichester: Wiley.
Pidd, M. (2009) Tools for Thinking: modelling in Management Science (3rd ed.), Chichester: Wiley.
Rosenhead, J. and Mingers, J. (2001) Rational Analysis for a Problematic World Revisited: problem structuring methods for complexity, uncertainty and conflict (2nd ed.), Chichester: Wiley.
Wasserkrug S, Krüger M, Feldman YA, Shindin E, Zeltyn S (2019) ‘What’s Wrong with My Dishwasher: Advanced Analytics Improve the Diagnostic Process for Miele Technicians’. INFORMS Journal on Applied Analytics 49(5):384-396

Subject specific skills

Think critically, holistically and creatively about organizational situations; specific technical skills such as problem
structuring (eg. with rich picturing), quantitative modelling (eg. with spreadsheet modelling), and qualitative modelling (eg. with Soft Systems Methodology (SSM)).

Transferable skills

Individual working, group working, presentation skills, IT skills, spreadsheet modelling skills, time management, intercultural working.

Study time

Type Required
Lectures 10 sessions of 1 hour (7%)
Seminars 9 sessions of 1 hour (6%)
Online learning (independent) 10 sessions of 1 hour (7%)
Private study 42 hours (28%)
Assessment 79 hours (53%)
Total 150 hours

Private study description

Private Study.

Costs

No further costs have been identified for this module.

You do not need to pass all assessment components to pass the module.

Assessment group D7
Weighting Study time Eligible for self-certification
Groupwork Presentation 20% 16 hours No

Video

Examination 80% 63 hours No

  • Answerbook Pink (12 page)
  • Students may use a calculator
Feedback on assessment

Feedback via My.WBS.

Past exam papers for IB3A7

Courses

This module is Optional for:

  • UIBA-MN34 Law and Business Four Year (Qualifying Degree)
    • Year 3 of MN34 Law and Business Studies Four Year (Qualifying Degree)
    • Year 4 of MN34 Law and Business Studies Four Year (Qualifying Degree)
  • UECA-3 Undergraduate Economics 3 Year Variants
    • Year 3 of L100 Economics
    • Year 3 of L116 Economics and Industrial Organization
  • Year 4 of UECA-4 Undergraduate Economics 4 Year Variants
  • UPHA-L1CA Undergraduate Economics, Psychology and Philosophy
    • Year 3 of L1CA Economics, Psychology and Philosophy
    • Year 3 of L1CC Economics, Psychology and Philosophy (Behavioural Economics Pathway)
    • Year 3 of L1CD Economics, Psychology and Philosophy (Economics with Philosophy Pathway)
    • Year 3 of L1CE Economics, Psychology and Philosophy (Philosophy and Psychology Pathway)
  • UPHA-L1CB Undergraduate Economics, Psychology and Philosophy (with Intercalated Year)
    • Year 4 of L1CG Economics, Psychology and Philosophy (Behavioural Economics Pathway) (with Intercalated Year)
    • Year 4 of L1CH Economics, Psychology and Philosophy (Economics with Philosophy Pathway) (with Intercalated Year)
    • Year 4 of L1CJ Economics, Psychology and Philosophy (Philosophy and Psychology Pathway) (with Intercalated Year)
    • Year 4 of L1CB Economics, Psychology and Philosophy (with Intercalated Year)
  • Year 3 of UIBA-MN31 Undergraduate Law and Business Studies
  • Year 3 of UIBA-MN32 Undergraduate Law and Business Studies
  • Year 5 of UIBA-MN37 Undergraduate Law and Business Studies (Qualifying Degree) with Intercalated Year
  • UIBA-MN35 Undergraduate Law and Business Studies with Intercalated Year (3+1)
    • Year 3 of MN35 Law and Business Studies with Intercalated Year (3+1)
    • Year 4 of MN35 Law and Business Studies with Intercalated Year (3+1)
  • USTA-G300 Undergraduate Master of Mathematics,Operational Research,Statistics and Economics
    • Year 3 of G300 Mathematics, Operational Research, Statistics and Economics
    • Year 4 of G300 Mathematics, Operational Research, Statistics and Economics
  • Year 3 of UMAA-GL11 Undergraduate Mathematics and Economics
  • USTA-G1G3 Undergraduate Mathematics and Statistics (BSc MMathStat)
    • Year 3 of G1G3 Mathematics and Statistics (BSc MMathStat)
    • Year 4 of G1G3 Mathematics and Statistics (BSc MMathStat)
  • USTA-G1G4 Undergraduate Mathematics and Statistics (BSc MMathStat) (with Intercalated Year)
    • Year 4 of G1G4 Mathematics and Statistics (BSc MMathStat) (with Intercalated Year)
    • Year 5 of G1G4 Mathematics and Statistics (BSc MMathStat) (with Intercalated Year)

This module is Unusual option for:

  • UPHA-L1CA Undergraduate Economics, Psychology and Philosophy
    • Year 2 of L1CA Economics, Psychology and Philosophy
    • Year 3 of L1CA Economics, Psychology and Philosophy
  • Year 3 of UPHA-V7ML Undergraduate Philosophy, Politics and Economics

This module is Option list A for:

  • Year 3 of USTA-Y602 Undergraduate Mathematics,Operational Research,Statistics and Economics
  • Year 4 of USTA-Y603 Undergraduate Mathematics,Operational Research,Statistics,Economics (with Intercalated Year)

This module is Option list B for:

  • Year 4 of UCSA-G504 MEng Computer Science (with intercalated year)
  • Year 3 of UCSA-G500 Undergraduate Computer Science
  • Year 4 of UCSA-G502 Undergraduate Computer Science (with Intercalated Year)
  • UCSA-G503 Undergraduate Computer Science MEng
    • Year 3 of G500 Computer Science
    • Year 3 of G503 Computer Science MEng
  • Year 3 of USTA-GG14 Undergraduate Mathematics and Statistics (BSc)
  • Year 4 of USTA-GG17 Undergraduate Mathematics and Statistics (with Intercalated Year)

This module is Option list C for:

  • Year 4 of USTA-G300 Undergraduate Master of Mathematics,Operational Research,Statistics and Economics
  • Year 5 of USTA-G301 Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (with Intercalated

This module is Option list D for:

  • Year 3 of USTA-G300 Undergraduate Master of Mathematics,Operational Research,Statistics and Economics
  • USTA-G301 Undergraduate Master of Mathematics,Operational Research,Statistics and Economics (with Intercalated
    • Year 3 of G30G Master of Maths, Op.Res, Stats & Economics (Operational Research and Statistics Stream) Int
    • Year 4 of G30G Master of Maths, Op.Res, Stats & Economics (Operational Research and Statistics Stream) Int

This module is Option list G for:

  • Year 2 of UPHA-V7ML Undergraduate Philosophy, Politics and Economics