MBATA AND DR. OSUJI COURSE MODULE • This course introduces the students to industrial mathematics and covers various problems that can • be found in industry. A problem-based learning approach is recommended. Each problem studied • motivates the need for learning the mathematical techniques necessary to solve the problem. Part • of the course involves writing a report on a project and giving a presentation of the results. It is • suggested that students learn to use appropriate computer packages. Previous problems include • Monte-Carlo methods for a financial application, circadian rhythm analysis, atmospheric • refraction correction and the Fourier synthesis of ocean scenes. What is the Industrial Mathematics? • Industrial mathematics is a branch of applied mathematics, but where the latter can include theoretical topics from physics, biology, economics and computer science for example, • industrial mathematics focusses on problems which come from industry and aims for solutions which are relevant to industry, • including finding optimal MODELS that can be used to resolving any industrial problems What is the key objectives of Industrial Mathematics? • The Industrial Mathematics Program teaches students modeling, • simulation, mathematical and • statistical analysis for careers in industry and mathematical sciences. • To safeguard the workers economic and social interests. • To contribute to the economic development of the country through productivity. • To establish a full employment situation. What is the Use of an Industrial Mathematician and the Critical work of an industrial Mathematician? • Industrial Mathematicians/engineers use the principles of calculus, trigonometry, and other advanced topics in mathematics for analysis, design, and troubleshooting in their work. Problem-solving skills. • As an industrial mathematician, one typically converts physical-technical problems into a mathematical model in the form of equations. Which industries utilize the concepts of mathematics? • Many areas in academia and industry depend on mathematical sciences to open up new frontiers and advance discovery. • Research in mathematics contributes to advances in areas such as medicine, cyber security, weather prediction, digital data compression and mining, aeronautics and computing, to name a few. Brief History of Industrial Mathematics • Industrial mathematics was developed by the ancient Greeks and Egyptians during the BCs. • Achimedes is one earlier Greek pioneers. • In Nigeria, well known mathematicians included Professor James Ezeilo, with Chike Obi and Adegoke Olubummo, was one of a trio of black mathematicians who pioneered modern mathematics research in Nigeria • Sometimes called the "father of mathematics" in Nigeria. TYPES OF INDUSTRY • The main industry areas can be separated into five main groups. • Primary industries, • Secondary Industries, • Tertiary Industries • Quaternary industries • Quinary Industries FUNCTIONS • Primary industries focus on converting and extracting raw materials. • Secondary industries perform the function of converting and processing raw materials into usable goods. • Tertiary industries provide services that are intangible in nature • Quaternary industries are engaged in knowledge services • Quinary sector of the economy (human services, culture and research) What are the 8 Core Sub-industries? • Refinery Products Industry. • Electricity Industry. • Steel Industry. • Coal Industry. • Crude Oil Industry. • Natural Gas Industry. • Cement Industry. • Fertilizers Industry. Classification of industries in Nigeria • Industries are majorly classified into three: • Primary, Secondary and Tertiary. • At the top level, they are often classified according to the three-sector theory into sectors: primary (extraction and agriculture), secondary (manufacturing), and tertiary (services). Top 10 Industries in Nigeria • Information and Communications Technology. • Banking. • Healthcare. • Utility. • Consumer Goods. • Oil and Gas. • Entertainment. • Agriculture. • Diary and Confectionary • Transportation and Vehicular manufacturing What are the Meaning and Characteristics of industry? • A department or branch of a craft, art, business, or manufacture. especially : one that employs a large personnel and capital in manufacturing. Systematic labor especially for some useful purpose or the creation of something of value. • Key characteristics of the industry include geographic scope of the industry, • the boundaries of the industry, and • the dominant economic characteristics of the industry What are the 7 factors of industry? • The 7 factors which influence the decision of establishing an industry are: • Availability of raw materials, • Labour, • Capital, • Access to markets, • Availability of abundant power supply, • Modes of transportation like railways, roadways for transportation of finished goods, and raw materials; and • Availability of land. Factors of Industrial Growth • factors of production: land, labor, capital and entrepreneurship. • These can be considered the building blocks of an economy. • How these factors are combined determines the success or failure of the outcome Industrial Statistical Modelling • Requirements: • SPSS, JMP, MINITAB OR EXCEL • Real life Industrial Data Application • Statistical modelling • Meaning of model components and • Comprehensive interpretation of results Industrial Mathematical modelling • This will be handled by Dr. Osuji • Thank You for Listening