Business Analyst Training | Mathematical Optimisation For Business Problems in Hong Kong

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Mathematical Optimisation for Business Problems

Hong Kong

Learn essential techniques to optimise business decision-making
Gain practical skills in problem-solving and cost reduction
Enhance your career with Mathematical Optimisation for Business Problems Training

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Course information

Mathematical Optimisation for Business Problems Course Outline

Module 1: Optimisation: Using Models, Validating Models, Solutions, Answers

Introduction
Significance and Benefits of Models
Mathematical Optimisation
Using Modelling Systems and Software
Benefiting from and Extending the Simple Model
A Survey of Real-World Problems

Module 2: Problem to its Mathematical Formulation

How to Model and Formulate a Problem?
Variables, Indices, Sets, and Domains
Constraints
Objectives
Building More Sophisticated Models
Mixed Integer Programming
Interfaces: Spreadsheets and Databases
Creating a Production System
Collecting Data
Modelling Logic
Practical Solution of LP Models

Module 3: Mathematical Solution Techniques

Introduction
Linear Programming
Mixed Integer Linear Programming
Interpreting the Results
Duality

Module 4: Mathematical Solution Techniques

Unconstrained Optimisation
Constrained Optimisation-Foundations and Theorems
Reduced Gradient Methods
Sequential Quadratic Programming
Interior-Point Methods
Mixed Integer Nonlinear Programming
Global Optimisation

Module 5: Impact and Implications of Optimisation

Benefits of Mathematical Programming to Users
Implementing and Validating Solutions
Communicating with Management
Keeping a Model Alive
Mathematical Optimisation in Small and Medium Size Business
Online Optimisation by Exploiting Parallelism

Who should attend this Mathematical Optimisation for Business Problems Course?

The Mathematical Optimisation for Business Problems Training is designed for professionals seeking to harness the power of mathematical techniques to solve complex business challenges. This course is beneficial for a diverse range of professionals, including:

Operations Managers
Supply Chain Analysts
Data Analysts
Financial Analysts
Marketing Managers
Logistics Coordinator
Manufacturing Engineers

Prerequisites of the Mathematical Optimisation for Business Problems Course

There are no formal prerequisites for the Mathematical Optimisation for Business Problems Training Course. However, basic understanding of mathematics, including algebra and calculus, can be beneficial for the delegates.

Mathematical Optimisation for Business Problems Course Overview

Mathematical Optimisation for Business Problems is a vital course focusing on optimising complex business strategies and decision-making processes. This course delves into the core principles of optimisation, empowering professionals to solve intricate problems, enhance operational efficiency, and maximise profits.

Mastery of this subject equips individuals with the expertise needed to decipher data patterns streamline workflows, and strategies for optimal outcomes. Business Analysts, aspiring analysts, and decision-makers seeking to enhance their analytical skills should prioritise mastering Mathematical Optimisation.

The Knowledge Academy’s intensive 1-day training in Mathematical Optimisation for Business Problems is meticulously designed to empower delegates with actionable skills. Delegates will engage in hands-on learning experiences, exploring real-world case studies and practical applications. Through interactive sessions, they will grasp optimisation algorithms, mathematical modelling, and problem-solving techniques. By the end of these Business Analyst Certifications, delegates will be able to confidently apply these skills to dissect complex business challenges and drive profitability.

Course Objectives

To understand the fundamentals of Mathematical Optimisation techniques
To learn to formulate real-world business problems as Mathematical Optimisation models
To explore various optimisation algorithms and their applications in business scenarios
To develop proficiency in using optimisation software tools for problem-solving
To analyse and interpret optimisation results for strategic decision-making
To apply optimisation techniques to enhance operational efficiency and resource allocation
To collaborate with peers in solving complex business optimisation challenges

After completing this Mathematical Optimisation for Business Problems Course, delegates will gain advanced skills essential for excelling in the competitive landscape of Business Analyst Courses. Delegates will be able to confidently tackle intricate business problems, making data-driven decisions that bolster organisational success.

What’s included in this Mathematical Optimisation for Business Problems Course?

World-Class Training Sessions from Experienced Instructors
Mathematical Optimisation for Business Problems Certificate
Digital Delegate Pack

Why choose us

Our Hong Kong venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Hong Kong is an autonomous territory of the People’s Republic of China and can be located on the southern coast of China. Hong Kong has a population of around 7 million people. The education system in Hong Kong is mostly based around the English system and it is overseen by the Education Bureau and the Social Welfare Department. One of the earliest schools in Hong Kong was Li Ying College established in 1075. The education level begins with preschool education that is payable education, paid by pupil’s parents. The primary and secondary education is mandatory for every child in Hong Kong to attend from the age of 6 to 18. Higher education remains exclusive in Hong Kong and adult education is a growing sector in Hong Kong, with two non-profit school running evening courses. The University of Hong Kong was founded in 1911 and is the oldest tertiary (higher education) institution in Hong Kong and is organised into 10 academic faculties with English as the main language of instruction. The Education Bureau in Hong Kong also provides educational services for immigrant children from mainland China and other countries. Hong Kong also has 175 internal schools.

Address

62/F & 66/F
The Center
99 Queens Road
Central
Hong Kong

T: +852 2592 5349

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Business Analyst Training | Mathematical Optimisation For Business Problems in Hong Kong. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Learn more in our FAQs

Unlock your potential with The Knowledge Academy's Business Analyst Training | Mathematical Optimisation For Business Problems in Hong Kong, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Learn more in our FAQs

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Business Analyst Training | Mathematical Optimisation For Business Problems in Hong Kong FAQs

What is Mathematical Optimisation for Business Problems?

Mathematical Optimisation for Business Problems involves using mathematical models to make the best decisions. It optimises resources, maximises profits, or minimises costs by solving equations that describe constraints and objectives in operational and strategic scenarios.

What are the pre-requisites for taking this Mathematical Optimisation for Business Problems Training course?

There are no formal prerequisites required for the Mathematical Optimisation for Business Problems Training. However, basic understanding of mathematics, including algebra and calculus, can be beneficial for the delegates.

Who should attend this Mathematical Optimisation for Business Problems Certification course?

The Mathematical Optimisation for Business Problems Certification Course is ideal for Business Analysts, Operations Managers, Data Scientists, and anyone involved in decision-making processes who seeks to improve efficiency and solve complex problems through quantitative methods.

Why is Mathematical Optimisation for Business Problems important?

Mathematical Optimisation for Business Problems is crucial as it systematically identifies the best decisions and resource allocations, maximises efficiency, reduces costs, and enhances profitability by solving complex problems through mathematical models and algorithms.

What topics will be covered in the Mathematical Optimisation for Business Problems Course?

The Mathematical Optimisation Certification Course covers linear programming, integer programming, network models, decision analysis, stochastic models, algorithmic strategies, and their applications in logistics, resource allocation, finance, and strategic planning.

What software tools will be used in the course?

This course on Mathematical Optimisation for Business Problems utilises MATLAB and Python, including libraries like PuLP for linear programming and Pyomo for modelling complex optimisation problems. Excel is also used for data handling and scenario analysis.

Will there be practical examples and case studies?

Yes, the course on Mathematical Optimisation for Business Problems includes practical examples and case studies. These allow participants to apply theories directly to real-world business scenarios, enhancing understanding and problem-solving skills in a practical context.

How is the course structured?

The course on Mathematical Optimisation for Business Problems is structured to cover theory, practical applications, problem-solving sessions, and case studies. It focuses on algorithms, linear programming, and real-world business strategy optimisation to enhance decision-making efficiency.

What are the learning outcomes of this course?

The course on Mathematical Optimisation for Business Problems teaches optimisation techniques for business problem-solving, covering linear programming, constraint management, and algorithm application. Participants will learn to enhance operational efficiency, allocate resources effectively, and make data-driven decisions to optimise business outcomes.

Are there any assessments or certifications?

This course includes various assessments throughout, culminating in a certification upon successful completion, demonstrating proficiency in applying mathematical optimisation techniques to real-world business challenges.

What support is available for participants?

The Knowledge Academy offers support via phone & email before attending, during, and after the course. Our customer support team is available to assist and promptly resolve any issues you may encounter.

How can Mathematical Optimisation benefit my career?

Mathematical Optimisation can enhance your career by improving decision-making skills, enabling efficient resource allocation, boosting problem-solving abilities, and providing a competitive edge in fields like finance, logistics, and data science, where optimal solutions are crucial for success.

What resources will I need for the course?

For this course, you'll need a scientific calculator, software like MATLAB or Python, textbooks on linear and nonlinear optimisation, access to online journals, and a laptop with high processing power for complex computations.

Why choose The Knowledge Academy in Hong Kong over others?

The Knowledge Academy in Hong Kong stands out as a prestigious training provider known for its extensive course offerings, expert instructors, adaptable learning formats, and industry recognition. It's a dependable option for those seeking this course.

What is the cost/training fees for Mathematical Optimisation for Business Problems in Hong Kong?

The training fees for Mathematical Optimisation for Business Problemsin Hong Kong starts from HKD16995

Which is the best training institute/provider of Mathematical Optimisation for Business Problems in Hong Kong?

The Knowledge Academy is the Leading global training provider for Mathematical Optimisation for Business Problems.

What are the best Business Analyst Course courses in Hong Kong?

Please see our Business Analyst Course courses available in Hong Kong

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

High quality resources

Resources are included for a comprehensive learning experience.

"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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