Quantitative Techniques for Management
Teacher
Parle Kalyan Chakravarthy
Category
Core Courses
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Course Name : Quantitative Techniques for Management
Code(Credit) : CUTM 1220 (2-4-0)
Course Objective
- To learn about the operations research techniques, model formulation and applications used to solve business decisions by using computer software
Course Outcomes
CO1: Ability to formulate cases into mathematical models to get solutions using different kinds of computer software or excel software
CO2: Propensity to interpret the results to learn the complexity issues and to optimize the costs of the models
CO3: Administer of different tools and techniques to identify the problems and to focus on best decision making process
| Cos | Course Outcomes | Mapping Cos with POs (High-3, Medium-2, Low-1) |
| CO1 | Ability to formulate cases into mathematical models to get solutions using different kinds of computer software or excel software | PO2(3), PO2(2) |
| CO2 | Propensity to interpret the results to learn the complexity issues and to optimize the costs of the models | PO4(3), PO1(2) |
| CO3 | Administer of different tools and techniques to identify the problems and to focus on best decision making process | PO3(3), PO5(2) |
Course Syllabus
Module-I: LPP: LP Introduction, Formulation of LPP, and Solution of LPP by Graphical Method Simplex Method, Penalty Method, Special Cases in LPP, Duality and Dual Simplex Method in LPP
Module-II: Transportation Models: Initial and Optimal Solution, Assignment Models: Hungarian and Travelling Salesman Problems , Sequencing Problems
Module-III: Network Analysis, PERT, CPM and Crashing
Module-IV: Game Theory and strategies.
References
- Frederick S. Hillier & Gerald J. Lieberman, Introduction to Operations Research, McGraw-Hill: Boston MA; 10th Edition, 2014
- Taha, Hamdy A., "Operations Research: An Introduction", Pearson, 10th Edition, 2016
- Harvey M. Wagner, Principles of Operations Research, Englewood Cliffs, Prentice-Hall, 1969
- S D Sharma and Himansu Sharma, Operations Research: Theory, Methods and Applications, 15 Edition, Kedarnath Ramnath & Co
External Links:
https://www.informs.org/Resource-Center/INFORMS-Student-Union/Consider-an-Analytics-OR-Career
https://en.wikipedia.org/wiki/Operations_research
Google and YouTube
Session 4 ( Practice)
Session 5 ( Practice)
LPP Formulation Practice session using Excel Solver
Session 8 ( Practice)
Session 9 ( Practice)
Graphical Method cases by Excel Solver
Session 10
LPP by Simplex Method , Simplex table
Session 13 (Practice)
Session 14 (Practice)
LPP by Simplex Method Cases by Excel Solver
Session 15 (Practice)
LPP by Simplex Method Cases by Excel Solver
Session 16 (Practice)
Internal Test-1
Session 21 (Practice)
Penalty Method Cases by Excel Solver
Session 22 (Practice)
Penalty Method Cases by Excel Solver
Session 23 (Practice)
Quiz-1
Session 24
Session 25 (Practice)
Revised Simplex Method Practice by Excel Solver
Session 26 (Practice)
Revised Simplex method by Excel Solver
Session 27 (Practice)
Internal Assessment-1
Session 32 ( Practice)
Dual Simplex method by Excel solver
Session 33 ( Practice)
Dual Simplex method by Excel solver
Session 34
Transportation Models (NWCR, LCM, VAM)
https://www.youtube.com/watch?v=DdhpNiv4L64
Session 35
Session 36 (Practice)
Session 37(Practice)
Transportation Models by Excel Solver
Session 38 (Practice)
Transportation Models by Excel Solver
Session 39 (Practice)
Transportation Models by Excel Solver
Session 40 (Practice)
Quiz-2
Session 41
Session 42
Session 43 (Practice)
Session 45 (Practice)
Assignment Models Cases by Excel Solver
Session 46 (Practice)
Assignment Models Cases by Excel Solver
Session 47 (Practice)
Internal Assessment-2
Session 51 (Practice)
Sequencing Models
Session 53
Session 55 ( Practice)
Session 58 ( Practice)
Session 59
Game Theory, saddle Points and value of the game
Session 64 (Practice)
Game (Dominance Property method cases)
Session 65 (Practice)
Quiz-3
Session 66 (Practice)
Case Studies of LPP with Excel Solver ( Revision Classes for Practice)
Session 67 (Practice)
Case Studies of Transportation with Excel Solver ( Revision Classes for Practice)
Session 68 (Practice)
Case Studies of Assignment Models with Excel Solver ( Revision Classes for Practice)
Session 69 (Practice)
Case Studies of Networking Models with Excel Solver ( Revision Classes for Practice)
Session 70 (Practice)
Case Studies of Game Theory with Excel Solver ( Revision Classes for Practice)
Case Studies
Case Studies
Our Main Teachers
Doctorate in Human Resource Management ( Stress Management ) / Associate NCC Officer , NCC Unit, Centurion University / School of Management / Paralakhemundi Campus / Odisha / India