Optimization and Simulation Laboratory

 | Post date: 2019/12/10 | 
Optimization and Simulation Laboratory
Address: Room 013, minus one floor, Faculty of Industrial Engineering and Management Systems, AUT
The operations research group at the department of industrial engineering and management systems develop mathematical models of complex engineering and business systems with the aim of improving performance.  Key areas of application include supply chain management, logistics, emergency planning, product design, financial engineering, and queueing (congestion) analysis in manufacturing, communication, healthcare, and traffic. The optimization and simulation lab provides the computational infrastructure for this research, in terms of state-of-the-art optimization and simulation software, as well as hardware with servers having high-processing power. ​
The lab is located in room 013, minus one floor. It supports teaching and research in the areas of operations research, financial engineering, project management, and other IEM areas requiring numerical and data analysis. The lab has the following software packages AMPL+ CPLEX and other solvers for general-purpose optimization like Arena for discrete event simulation, ExpertFit for distribution fitting for stochastic modeling of data, Microsoft Project for project management scheduling and control, Palisade Decision Tools for Monte Carlo simulation and other tools, Premium Solver for Excel add-in optimization, SPSS for statistical analysis, and  Mathcad for verification, validation,​ documentation of engineering calculation.
The lab has the following software packages:
  • AMPL + CPLEX and other solvers (general-purpose optimization)
  • Arena (discrete event simulation)
  • ExpertFit (distribution fitting for stochastic modeling of data)
  • Microsoft Project (project management scheduling and control)
  • Palisade Decision Tools Suite (Risk for Monte Carlo simulation, Precision Trees, and other tools)
  • Premium Solver (Excel add-in optimization)
  • SPSS (statistical analysis)
  • Mathcad (verification, validation, documentation of engineering calculation

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