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How one can do operation_research

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Course Name : Operations Research
1. Course Description
The complexities involved in decision making especially in the corporate world, require decision makers to
formulate structures of problems on which decisions are required. This considers various alternatives,
uncertainties associated with outcomes, analysis of problems in sequences and so on. To overcome these
issues in a competitive business environment and explaining the decision process in an effective manner, this
course “Operations Research” gives an insight to the students on several approaches like linear programming,
transportation problems, game theory, queuing theory, decision tree and networking. After working on this
course the students will be in a position to assimilate all the above cited facts in an effective manner.
2. Student Learning Outcomes
o Students would be able to use of Operations Research methods for managerial decision making.
o Students would be able to structure the managerial decision problems as mathematical models;
o Students would be able to obtain the solution of those models and also to interpret the solutions
in taking effective yet efficient decisions.
o This course would provide hands-on experience with software such as SOLVER/ LINGO to
demonstrate its use for solving OR problems.
3. Required Text Books and Reading Material
Books :
(i) Operations Research : By- H.A. Taha. (PHI Publication) Text Book.
(ii) Operations Research : By- Hillier and Lieberman. (TMH Publication) Reference Book.
Other Materials :
(i) Course Materials (PPTs) would be shared with students.
(ii) Handouts on specific topics would be given to students as and when required.
Credits
2.0
Faculty Name
Prof. Manidatta Ray
Program
MBA
Academic Year and Term
2014-16
Term-II

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4. Tentative Session Plan (14 Sessions)
Session Number
Topics/Activities
Reading/case list etc.
1
Introduction to OR.
What is OR ?
Need of OR for Management
Students.
Applications of OR.
Introduction to LPP, Objective
Function, Constraints. Solutions to
LPP: Optimal, Feasible, Infeasible
Solutions .Formulation of LPP.
(Product Mix, Diet example)
2
Solving LPP : Graphical Method,
Bounded and Unbounded region
3,4
Solving LPP : By Simplex Method
and EXCEL Solver and LINGO.
5
Transportation Models :
Introduction, Supply and Demand in
Transportation Model, Balanced and
Unbalanced transportation problem.
Solution of Transportation Model :
North-West corner Method , Least
Cost Method , VAM.
Book : H.A. Taha .(Text Book)
Hillier and Lieberman(Ref)
Course Material (PPTs) and Handouts
6, 7
Optimality Test of Transportation
Model : Stepping Stone and MODI
Method .
Book : H.A. Taha .(Text Book)
Hillier and Lieberman(Ref)
Course Material (PPTs) and Handouts
8
Assignment Models : Introduction .
Solution (Hungarian Method)
Travelling Sales Man Problem .
Book : H.A. Taha .(Text Book)
Hillier and Lieberman(Ref)
Course Material (PPTs) and Handouts
Case Discussion.
9,10
Network Problem Modeling :
Introduction , Terminology, Shortest
Path ,CPM and PERT.
Book : H.A. Taha .(Text Book)
Hillier and Lieberman(Ref)
Course Material (PPTs) and Handouts
11,12
Game Theory : Introduction, Two
Person Zero Sum Game , Solution of
Pure Strategy Games, Principle of
Dominance.
Book : H.A. Taha .(Text Book)
Hillier and Lieberman(Ref)
Course Material (PPTs) and Handouts
Case Discussion.
13,14
Decision Analysis: Introduction,
Terminology , Various Decision
Environments, Decision Tree.
Book : H.A. Taha .(Text Book)
Hillier and Lieberman(Ref)
Course Material (PPTs) and Handouts.
Case Discussion.

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Course Name : Operations Research                       1. Course Description The complexities involved in decision making especially in the corporate world, require decision makers to formulate structures of problems on which decisions are required. This considers various alternatives, uncertainties associated with outcomes, analysis of problems in sequences and so on. To overcome these issues in a competitive business environment and explaining the decision process in an effective manner, this course “Operations Research” gives an insight to the students on several approaches like linear programming, transportation problems, game theory, queuing theory, decision tree and networking. After working on this course the students will be in a position to assimilate all the above cited facts in an effective manner.   2. Student Learning Outcomes Students would be ab ...
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