G.L.

Bajaj Institute of Management and Research

Course Out line

QUANTITATIVE TECHNIQUES- (II) Faculty Alok Kumar, Asst. Professor PGDM 2012-14 B ATCH

Faculty Faculty Contact Details Class Timing & Venue

Quantitative Technique-(II)
: Prof. Alok Kumar : alok.kumar@gibimr.org, 9313352778 alok_20_or@yahoo.co.in : as per the Time-table

Session

Topic/Coverage

Prior Reading

In-class Activities, Problems and Cases

1 2-3

Operations ResearchAn TB- Ch1 introduction : Quantitative approach to management decision making. Linear Programming : Mathematical TB- Ch1, formulation of linear programming and 2, 3, 4, 5 their solution using graphic approach and simplex algorithm. Duality in Linear Programming.

Discussion Discussion and problem solving

4-5

6-7

Transportation Problem : Solving the TB- Ch9 problem, testing optimality MODI method, Cases of unbalanced problems, degeneracy, maximization objective, multiple solutions and prohibited routes Assignment Problem : Solving the TB- Ch10 problem, Cases of unbalanced problems, multiple optimum solutions, maximization objective and unacceptable assignments.

Discussion and problem solving Discussion and problem solving

8-9

10-11

Inventory Control : Economic order TB- Ch14 Discussion, quantity (EOQ) models problem - classical, gradual replenishment solving and without shortages, price breaks brief notes in and planned stock outs, Deciding handouts optimum safety stock and reorder level. Queuing Theory: Elements of a queuing TB- Ch16 Discussion, system. Models with problem Poisson arrival and services rates, solving and single server and infinite and brief notes in finite population.

12-13 14-16

handouts Game Theory: Games of pure strategy. TB- Ch12 Discussion and Games of mixed strategy. problem Dominance. solving Sequencing: n-jobs to be processed on TB- Ch20 Discussion and two machines in the same problem order of machines. N-jobs to be solving
processed on m machines in the same order of machines by converting it into a two n machine

(The emphasis should be on concepts and application of concepts) Suggested Readings: Taha, Hamdy A., Operations Research: An Introduction, 8 th Edition, Prentice Hall of India. Sharma, J K, Operations Research (Theory and Application) 4th Edition- MACMILLAN