Introduction to OR; Scope, Techniques, Characteristics and Limitationsof Operation Research; Methodology and Models in OR (only theory)
Application of LPP in Management, Advantages of LPP (only theory)Formulation of LPP, Solution of LPP by Graphical method: Infeasible and Unbounded Solution, Formulation ofDual of a LPP.
General Structure; Various methods for finding initial solution: Maximization andMinimisation problems North West Corner Method, Least Cost Method, Vogel‟s Approximation Method;Finding Optimal Solution: Modified Distribution method; Variations: Unbalanced Transportation Problem,Theoretical concept of Degeneracy only; Assignment problems; General Structure; Finding Optimal Solution;Maximization problem, Restrictions on Assignments, Alternate Optimal solutions.
Terminology; Networking Concepts; Rules for drawing network diagram; CPMComputations: CPM Terminology, Finding critical path - Different Floats; PERT Computations: Computationof earliest and latest allowable times, Probability of meeting the scheduled dates; difference between PERT andCPM, Concept of Project Crashing (Theory only)
Terminology; Two person zero sum game; Solution to games: Saddle point, dominance rule,Value of the game, mixed strategy, Graphical method of solving a game – (2 x n) and (m x 2) games.
Introduction-Definition: Terminology and Notations, Principal Assumptions, TypeI: Problems with n Jobs through Two Machines, Processing n jobs, through Three Machines. Problems with 2 Job through k Machines.
Introduction; Characteristics of Queuing models, Models for Arrival and Service Times; Single Poisson arrivalwith Exponential Service Rate; Applications of Queuing models.
Terminology, Process of Simulation, Monte Carlo Method, Waiting Line Simulation Method, InventoryManagement Simulation, Marketing Management Simulation, Financial Management Simulation