Have you ever thought about'''

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Have you ever thought about...

• How school timetables get developed?
• How fast food restaurants avoid too much waste?
• How long queues are controlled at theme parks?
• Who makes bus time-tables?
• How do flight attendants get home?
• How the locations of new schools are chosen?
• Why air tickets get more expensive nearer to the
  date of travel?
• Whether the rules that deal with rain in one-day
  cricket matches are fair? Where did they come
  from?

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Introducing . . .

• Shane Dye
• Nicola Petty
• minandmax.org.nz
• info_at_minandmax.org.nz

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What do you know about . . .

• Operations Research?
• Min and Max?

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Overview

• Introducing Min and Max
• What is Operations Research?
• Ideas for teachers HSOR
• Excel models

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Min and Max, the O.R. Heroes
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Min and Max brochure
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Min and Max brochure
O.R. uses
O.R. at University
O.R. Careers
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Have you ever thought about...

• How school timetables get developed?
• How fast food restaurants avoid too much waste?
• How long queues are controlled at theme parks?
• Who makes bus time-tables?
• How do flight attendants get home?
• How the locations of new schools are chosen?
• Why air tickets get more expensive nearer to the
  date of travel?
• Whether the rules that deal with rain in one-day
  cricket matches are fair? Where did they come
  from?

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What is Operations Research ?

• Operations Research seeks to improve

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What is Operations Research ?

• Operations Research seeks to improve a problem
  situation

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What is Operations Research ?

• Operations Research seeks to improve a problem
  situation by supplying decision makers

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What is Operations Research ?

• Operations Research seeks to improve a problem
  situation by supplying decision makers with
  information and insights

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What is Operations Research ?

• Operations Research seeks to improve a problem
  situation by supplying decision makers with
  information and insights gained through problem
  analysis,

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What is Operations Research ?

• Operations Research seeks to improve a problem
  situation by supplying decision makers with
  information and insights gained through problem
  analysis, often involving mathematical models and
  computers

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Interesting applications of O.R.

• Airline industry
• Managing ticket prices on flights to maximise
  profit
• Allocating cabin and flight crew to flights
  effectively, ensuring staff satisfaction
• Retailing
• Queueing theory, an area of O.R., showed that
  having express lanes at a supermarket can make
  waiting times shorter for everyone.

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More applications of O.R.

• Investment banking
• O.R is used to decide how best to spread a
  portfolio of shares and other investments to
  balance profit and risk.
• Cinema
• O.R. is useful in such an uncertain environment,
  to forecast demand and decide how many staff to
  schedule, which cinema to use and how long to
  keep a movie showing.

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The Operations Research Process
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Careers

• Management
• Electricity Companies
• Consultancy
• Forestry
• Banking
• Insurance
• Manufacturing
• Health
• Airlines, rail
• Telecommunications
• Academic

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Why we like O.R.

• Varied applications
• Useful
• Improving things
• Satisfaction of finding an answer that can be
  used
• Use maths and computing
• Good career prospects

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Skills Needed in Operations Research

• Problem solving
• Enjoy maths (Mathematics to Year 12 or 13)
• Like to improve things
• Dont mind complicated problems
• Can work with others or on your own

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Ideas for the classroom

• Motivation for mathematics
• O.R. is businesses using mathematics
• Practical application of maths and problem
  solving in a wide range of areas sport, air
  travel, entertainment...
• Worksheets
• EOQ (manipulating formulas and simple calculus)
• Arm-and-a-Leg (manipulating formulas)
• Pizza Pi (linear programming)

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Excel models

• The concept of models
• Demonstration