Scribd Logo
Upload

Welcome to Scribd!

  • 76 views

    Quantitative Methods

    Uploaded by

    Srini Sandi
    This document outlines the objectives and modules covered in a Quantitative Methods & Operations Research course. The course introduces tools and techniques of operations research to help students make optimal managerial decisions. It covers topics such as linear programming, transportation models, assignment problems, queuing theory, sequencing problems, replacement models, network models, inventory models, game theory, and simulation. The modules equip students to formulate and solve a variety of optimization models to analyze business problems.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd

    Quantitative Methods

    Uploaded by

    Srini Sandi
    76 views2 pages
    This document outlines the objectives and modules covered in a Quantitative Methods & Operations Research course. The course introduces tools and techniques of operations research to help students make optimal managerial decisions. It covers topics such as linear programming, transportation models, assignment problems, queuing theory, sequencing problems, replacement models, network models, inventory models, game theory, and simulation. The modules equip students to formulate and solve a variety of optimization models to analyze business problems.

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document outlines the objectives and modules covered in a Quantitative Methods & Operations Research course. The course introduces tools and techniques of operations research to help students make optimal managerial decisions. It covers topics such as linear programming, transportation models, assignment problems, queuing theory, sequencing problems, replacement models, network models, inventory models, game theory, and simulation. The modules equip students to formulate and solve a variety of optimization models to analyze business problems.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    76 views2 pages

    Quantitative Methods

    Uploaded by

    Srini Sandi
    This document outlines the objectives and modules covered in a Quantitative Methods & Operations Research course. The course introduces tools and techniques of operations research to help students make optimal managerial decisions. It covers topics such as linear programming, transportation models, assignment problems, queuing theory, sequencing problems, replacement models, network models, inventory models, game theory, and simulation. The modules equip students to formulate and solve a variety of optimization models to analyze business problems.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    You are on page 1of 2

    QUANTITATIVE METHODS & OPERATIONS

    RESEARCH
    OBJECTIVES
    To introduce students to tools and techniques of OR and to
    equip them to make optimal managerial decisions.

    MODULE 1
    Introduction to OR, Importance of OR, Scope of OR in
    business activities, Optimization concept, OR Models: Linear
    programming, Introduction to LP, Problem formulation, product mix
    and various managerial applications and Graphical method of
    problem solving, Alternate solution of LP, Duality in LP, Formulation
    of dual problems, advantages, its economics interpretation,
    Sensitivity analysis only just to know no problems need be worked
    out and software packages to be used to solve LP models.

    TRANSPORTATION MODELS
    Nature and scope of transportation and allocation models,
    Methods of allocation, different methods for finding initial solution –
    VAM, N-W Corner Rule, and other methods, degeneracy. Finding
    optimal solution, Tests for optimality, Imbalance in total availability
    and total allocation – impossible shipments, Alternate methods of
    solutions, and maximization as objective Scope of transportation
    models.

    ASSIGNMENT PROBLEMS
    Traveling salesman problem, Row Minimum, Column
    Minimum, Iteration, Balanced,Unbalanced, Infeasible, Maximization.

    MODULE 2
    Queuing theory (waiting line), Single server/Single Queue,
    Essential features of queuing system, Single Queue, Operating
    characteristics of queuing system, Probability distribution in queuing
    system, Multi server, description of other queuing models (only
    description)

    SEQUENCING PROBLEMS
    Processing 'n' jobs through 2 machines, Processing ‘n’ jobs
    through 3 machines, No 2 jobs on ‘n’ machines

    REPLACEMENT MODELS
    Replacement of items deteriorating with time, Replacement of
    items that fail completely,
    (No group replacement)

    MODULE 3
    Network models, Introduction to PERT, CPM techniques,
    Network components, precedence, events, activities, errors and
    dummies, Critical path analysis, float, Probabilities in PERT
    analysis, project time calculations, Project crashing, time cost
    considerations (No resource leveling)

    MODULE 4
    Inventory models, Meaning and importance of inventory
    management, , EOQ formula,
    economic lot size, Problems based in EOQ formula, Types of
    Inventory control methods

    MODULE 5
    Theory of games – introduction, two person zero - sum games,
    Saddle point, Dominance theory, description of other models and
    their managerial application (only description, no problems and No
    Graphical method)

    SIMULATION :Introduction to basic concepts, Simulation


    procedures, Application of simulation, critical evaluation of software
    and using customized software.

    You might also like

    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy