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Applied Operational Research

This document outlines a course on applied operations research for management students. The objective is to introduce students to linear programming, decision theory, and queuing theory. Students will gain an understanding of inventory models, linear programming, game theory, and queuing theory. The course covers topics like linear programming formulations and solutions, transportation and assignment models, integer linear programming, game theory, inventory models, decision theory, and queuing theory over 5 units. References for further reading are also provided.

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renisha m
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180 views2 pages

Applied Operational Research

This document outlines a course on applied operations research for management students. The objective is to introduce students to linear programming, decision theory, and queuing theory. Students will gain an understanding of inventory models, linear programming, game theory, and queuing theory. The course covers topics like linear programming formulations and solutions, transportation and assignment models, integer linear programming, game theory, inventory models, decision theory, and queuing theory over 5 units. References for further reading are also provided.

Uploaded by

renisha m
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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550011 APPLIED OPERATIONS RESEARCH FOR MANAGEMENT

(For I MBA)
L T P C
4 1 0 4

Objective:
• To make the students understand the linear programming
• To give an idea about the decision theory
• To give a brief idea about the queuing theory

Outcome:

 Students will understand about the inventory models and gain knowledge in linear
programming.
 Students will understand about the Game theory and gain knowledge inOperation
research.
 Students will understand about the Queuing theory and gain knowledge in linear
programming.

UNIT – I INTRODUCTION TO LINEAR PROGRAMMING (LP) (15)

Introduction to applications of operations research in functional areas of management. Linear


Programming-formulation, solution by graphical and simplex methods (Primal - Penalty,Big M
method, Two Phase), Special cases.

UNIT – II LINEAR PROGRAMMING EXTENSIONS (15)

Transportation Models (Minimising and Maximising Cases) – Balanced and unbalanced cases –
Initial Basic feasible solution by N-W Corner Rule, Least cost and Vogel’s approximation
methods. Check for optimality. Solution by MODI method.Cases of degeneracy. Assignment
Models (Minimising and Maximising Cases) – Balanced and Unbalanced Cases. Hungarian
method , Travelling Salesman problem.

UNIT – III INTEGER LINEAR PROGRAMMING AND GAME THEORY (15)

Solution to pure and mixed integer programming problem by gomarianconstraints . Game


Theory-Two person Zero sum games-Saddle point - Dominance Rule, Convex Linear
Combination (Averages) , graphical solutions to n  2 , 2  n games.

UNIT – IV INVENTORY MODELS AND DECISION THEORY (15)

Inventory Models – EOQ and EBQ Models (With and without shortages), Quantity Discount
Models.Replacement problems- Individual and group replacement policy
UNIT – V QUEUING THEORY (15)

Queuing Theory - single and Multi-channel models –finite and infinite number of customers and
infinitecalling source.

TOTAL PERIODS: 75

TEXT BOOKS

1. Hamdy A Taha, Introduction to Operations Research, Prentice Hall India, SeventhEdition,


Third Indian Reprint 2004.
2. Frederick & Mark Hillier, Introduction to Management Science – A Modeling and casestudies
approach with spreadsheets, Tata Mcgraw Hill, 2005.
3. Gupta P.K, Hira D.S, Problem in Operations Research, S.Chand and Co, 2007.

REFERENCES

1. SankaraIyer P, Operations Research, Tata Mcgraw Hill, 2008.


2. Kalavathy S, Operations Research, Second Edition, Vikas Publishing House, 2004.
3. Richard Broson , Govindasamy&Naachimuthu , Operations Research, Schaum’soutline
series, II Edition, 2000.
4. Paneerselvam R., Operations Research, Prentice Hall of India, Fourth Print, 2008.
5. Srinivasan G., Operations Research , Prentice Hall of India,2011.
6. Natarajan AM, Balasubramani P and Tamilarasi A, Operations Research, PearsonEducation,
First Indian Reprint, 2005.

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