Coming soon
OPERATIONS RESEARCH
- The objective of this course is to acquaint the students with the use of operational research techniques in decision-making
Operational Research: Basic Concepts and Definitions
Linear Programming: Mathematical formulation of Linear Programming problems and their solution using Graphic approach and Simplex method, Duality Sensitivity analysis.
Transportation: Solving the problem. Testing the optimality MODI method. Cases of unbalanced problems, Degeneracy, Maximization objective, Multiple solutions and Prohibited Routes
Assignment: Solving the problem. Cases of unbalanced problems, multiple optimum solutions, maximization objective and unacceptable assignments
PERT/CPM: Network with one estimate of time. Networks with three estimates of time. Time-cost trade-off. Probability consideration under Pert
Game Theory: Games of Pure strategy, Games of Mixed strategy, Law of Dominance, Sub Game
Queuing Theory: Elements of Queuing theory, Single Channel Queuing Problem.
Decision Theory: Maximin, Minimax, and Maximax expected pay off and regret, Expected value of Perfect Information, Decision Tree Analysis, Theory
Simulation- Methodology and Application of Simulation technique.
Solution of elementary inventory and queuing problems by using
Monte Karlo Simulation Model
1. Operational Research-Mathur, Khandelwal Gupta,Gupta (Ajmera Book Company)
2. Operational Research-V.K Kapoor (Sultan Chand)
Reference Books
1. Operational Research-Prof N.P.Agarwal ( Ramesh Book Depot)
2. Quantitative Techniques- C.R Kothari(Vikas Publishing House Pvt Ltd)
3. Vohra N.D, Quantitative Techniques in Management, (Tata McGraw Hill New Delhi
4. Taha, Hamady A, Operational Research- An Introduction, Prentice Hall of India
5. Quantitative Methods- N.K Nag (Kalyani Publishers)
6. Qunatitative Techniques for Managerial Decsionos – U.K Srivastava, G.R Shenoy, S.C Sharma(New Age International)
7. Operation Research: Anand Sharma( Himalaya Publishing House)
