The objective of the course is to provide knowledge of tools and techniques of operation research and quantitative techniques.
Operations Research: An Introduction, Characteristics, Nature, Scope and Role of Operations Research and Quantitative Techniques, Scientific approach in decision-making, Techniques of OR, Limitations of these Techniques.
Linear Programming: Mathematical formulation of Linear Programming problems and their solution using Graphic approach and Simplex method, Primal and its dual.
Transportation: Solving the problem. Testing the optimality MODI method. Cases of unbalanced problems, Degeneracy, Maximization objective, Multiple solutions and Prohibited Routes.
Assignment: Solving the problem. Cases of unbalanced problems, multiple optimum solutions, maximization objective and unacceptable assignments
Theory of Games: Two persons Zero Sum games, Pure and Mixed strategy
Case Studies
Essential Readings:
1. Vohra, N. D., Quantitative Techniques In Management, Tata McGraw Hill, New Delhi
2. Mathur, Khandelwal, Gupta, Gupta, Operational Research, Ajmera Book Company, Jaipur
2. Agarwal, N.P.,Operation Research, Ramesh Book Depot, Jaipur
3. Agarwal, N.P., and Agarwal, Sonia, Quantitative Techniques For Management, Ramesh Book Depot, Jaipur
4. Taha, Hamady A ,Operational Research An Introduction, Prentice Hall of India, New Delhi
5. Kapoor, V. K., Operational Research, Sultan Chand & Sons, New Delhi
6. Nag, N. K., Quantitative Methods, Kalyani Publishers, Jaipur
7. Srivastava, U. K., Shenoy, G.R., and Sharma, S. C., Quantitatives techniques for Managerial Decisions, New Age International