Introduction-Application of Quantitative techniques- methodology of quantitative approach-Determining of the nature of problem –Formulation of Mathematical Model-Validation of model –Solution and implementation
Linear Programming – formulation – graphical solution –Simplex method –Big –M method –Duality-Application in Management –Computer solution of LP problems
Transportation problems –North West corner –Least cost-VAM-MODI method degeneracy –Hungarian method-Seles man routing problem-Application in management-Computer solution of TP problem.
Sequencing – Sequencing of ‘n’ jobs and’2’ machines –‘n’ jobs and ‘3’ Machines –Network models-PERT –CPM analyzing the PERT network – Critical Path method-Crashing –Time-Cost optimization –Replacement theory –Replacement of items that deteriorate gradually –Replacement of items that fails suddenly –Group Replacement
Waiting line models-Structure of waiting line system –single server –Poisson Queuing models-Infinite capacity –Computer based problem solving Simulation –Formulation ,running and performance appraisal of simulation models- simple problems and Demand problems –Computer based problem solving.
Reference Book:
1.Srivastava U K, Shenoy G V, Sharma S C, “Quantitative Techniques for Managerial Decisions”, New AgeInternational Pvt. Ltd., 2nd edition,2002. 2. Levin, R.I., Rubin, D, Quantitative approaches to Management, McGraw Hill Co. Ltd, 5th edition
Text Book:
1. Kanti swarup, P.K.Gupta and Manmohan, ”Operations Research” sultan chand and sons 2013 Reprint, New Delhi 2. V.Sundaresan K.S.Ganapaathy Subramanian and K.Ganesan “Resource management Techniques” A.R.Publications, new edition. 3. HamdyA.Taha, “Operative Research – An Introduction”, Pearson Education, New Delhi, 7th Edition, 2004 4. Barry Render, Ralph M. Stair Jr., “Quantitative Analysis for Management”, Pearson Education, New Delhi, 9th edition, 2006. 5. Jaisankar S, “Quantitative Techniques for Management", Excel Books Pvt. Ltd, New Delhi, 2005.