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The present course has been specially designed for the studentsstudying in the subject of Business Economy at CBCSundergraduate level.The course will cover the essential aspects of quantitativetechniques useful in management viz: linear programming,Transportation and assignment problems, Dynamic and integerprogramming, Game theory, simulation techniques, Markov chain,and network analysis.The course will mainly emphasize the different methods ofOperations Research (OR). By studying this course students willtaught how the solution of the decision making problem can be findusing the models of OR. There are some problems which cannot besolved by any traditional methods, in this case the methods of ORwill be helpful.The course will emphasize especially the modern techniques alongwith their significance in the area of decision-making.
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COURSE LAYOUT Lecture 1: Introduction to Operation Research Lecture 2: Linear Programming Problem Lecture 3: Big M Simplex method Lecture 4: Transportation Problem Part-1 Lecture 5: Transportation Problem Part-2 Lecture 6: Assignment Problem Lecture 7: Dynamic Programming Lecture 8: Integer Programming Lecture 9: Game Theory Lecture 10: Simulatio Lecture 11: Markov Process Lecture 12: CPM/PERT Method Lecture 13: Crashing Lecture 14: Decision Theory Lecture 15: Basic Inventory Model Lecture 16: Dummy Variables Lecture 17: Introduction to Linea Programming & Problem Solving Lecture 18: Linear Programming Problem Formulation & Interpretation (Part-I) Lecture 19: Linear Programming Problem Formulation & Interpretation (Part-I) Lecture 20: Use of Excel Solver for Linea Programming
