This course will enable the students to Apply mathematical and statistical models to analyze complex business problems and support data-driven decision-making
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Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Course Code |
Course title |
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24CATG 314 |
Quantitative Techniques – Practical (Practical)
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CO91: Acquaintance with the case studies related to transportation and assignment CO92: Inference of case studies related to linear programming CO93: Analyze and interpretation of case studies on interpolation and extrapolation CO94: Formulate decision tree analysis CO95: Assess case studies related to different techniques of game theory CO96: Contribute effectively in course-specific interaction |
Approach in teaching: Interactive Lectures, Discussion, Tutorials, reading assignments; Solving Questions.
Learning activities for the students: Self-learning assignments, Effective questions, Seminar presentation, Giving tasks. |
Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects. |
• Analysis and optimization of transportation networks through case studies.
Use of Assignment Model in Airline Crew Assignment
• Hands-on case study on airline crew scheduling and optimization.
• Problem-solving using linear programming in various industries through case studies.
• Application of interpolation techniques through practical case studies.
Extrapolation
• Application of extrapolation methods in forecasting through case studies.
• Real-world applications of decision trees through practical case studies.
• Pure Strategy
• Implementation of pure strategy concepts in practical scenarios through case studies.
• Mixed Strategy
• Application of mixed strategy techniques in competitive environments through case studies.
• Subgame
• Analysis of subgames in strategic situations through case studies.
● Agarwal, N. P. Quantitative Techniques. Ramesh Book Depot.
● Mathur, Khandelwal, & Gupta. Operational Research. Ajmera Book Company.
● Nag, N. K. Quantitative Methods . Kalyani Publishers
● Kapoor & Sancheti. Statistics Theory and Practice. Sultan Chand and Sons, New Delhi
● Agarwal, NP & Chaturvedi A, Advanced Business Statistucs, Ramesh Book Depot
Suggested Readings:
● Kapoor, V. K. Operational Research . Sultan Chand.
● Kothari, C. R. Quantitative Techniques. Vikas Publishing House Pvt. Ltd.
● Vohra, N. D. Quantitative Techniques in Management. Tata Mc Graw Hill, New Delhi.
● Taha, Hamady A, Operational Research- An Introduction, Prentice Hall of India
● Agarwal, N. P. Quantitative Techniques . Ramesh Book Depot.
● Gupta, S.P. Statistical Methods .Sultan Chand & Sons New Delhi
e- Resources:
● https://www.bbau.ac.in/dept/UIET/EME-601%20Operation%20Research.pdf [2]
● https://wdn2.ipublishcentral.com//himalaya_publishing_pvt/viewinsidehtml... [3]
● https://www.amirajcollege.in/wp-content/uploads/2020/10/3151910-operatio... [4]
Reference Journals:
● Journal of Operations and Strategic Planning
● Indian Journal of Finance
● IUP Journal of Applied Finance
Links:
[1] https://accountingtaxation.iisuniv.ac.in/courses/subjects/quantitative-techniques-practical-0
[2] https://www.bbau.ac.in/dept/UIET/EME-601%20Operation%20Research.pdf
[3] https://wdn2.ipublishcentral.com//himalaya_publishing_pvt/viewinsidehtml/501555551489264
[4] https://www.amirajcollege.in/wp-content/uploads/2020/10/3151910-operations-research-theory-and-applications-by-j.-k.-sharma-z-lib.org_.pdf
[5] https://accountingtaxation.iisuniv.ac.in/academic-year/2024-2025