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Master Research Australasia (MRA) specialises in location analysis, demand forecasting, transport planning and inventory management. From time to time we are involved in materials handling surveys of freight
characteristics. We specialise in the use of gravity models
to simulate supply chains and develop optimal network solutions. We also
work closely with statisticians and mathematicians to develop specific
models for land use and transport planning.
The team at Master Research has had long experience in working in the health care sector, the transport
and logistics sector as well as information systems.
We tend to take a strong
theoretical approach but recognise the importance of pragmatism.
Where
appropriate we use Monte-Carlo simulation models and when appropriate
proprietary packages such as Planimate or Arena. We also use dynamic systems
tools such as Ithink. Forecasting is an art rather than a science. For
short term forecasting we use exponential smoothing models and Brown's
Fourier models for periodic data. When longer term forecasts are required
(over two or three years) we use econometric techniques. From time to time we run seminars or short courses on State-of-the-Art methods in our discipline areas of transport and logistics. We use local experts, Australian industry practitioners and international authorities from universities such as Purdue in the USA to provide our clients and educational participants with leading edge information and skills to solve business problems and develop best practice capabilities.
We can be relied upon for independent advice.
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