Module - 1
Module - 1
Module - 1
es for solving LLP, product mix problems, Other managerial applications. Transportation Models, Assignment models. Module 2 Probability- basic rules, random variables, probability distributions, expected value, variance, Normal distribution, Risk analysis in capital budgeting. Module 3 Network analysis, PERT, CPM-drawing the network activity times, event times, critical path, Total and free slack-cost time trade off and crashing. Software packages (Description only) Inventory models, EOQ model, sensitivity analysis, model with one, Price breaks inventory control systems in practice. Module 4 Decision making under uncertainty different decision criteria, Decision trees.
Simulation, model building, the process, Problems with special reference inventory and financial managements. Critical evaluation of software.
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