Index

Abc analysis of inventory 364 Administrative decisions 594 Annual consumption cost 364 Anticipation inventory 356 Assignment algorithm 216 Assignment model 212 Assumptions made in sequencing problems 256 Balking 453 Bar chart 635 Basic assumptions 23 Basic feasible solution 145 Bathtub curve 298 Business games 485 Capital cost 300 Collusion 453 Competitive strategies 485 Completely random 451 Conditions of risk 486 Cost slope 660 Costs associated 300 Costs associated with inventory 356 Criterion of regret 601 Critical path 643 Critical Path Method (CPM) 635 Customer behaviour 453 Cycle inventories 356 Decision 4 Decision 593 Decision Making Under Risk (DMUR) 597 Decision making under uncertainty 599 Decision theory 486 Decision theory 593 Decoupling inventories 356 Definition of inventory 354 Degeneracy in transportation problem 165 Degree of certainty 593 Demand 360 Desirable items 372 Deterministic and stochastic 564 Direct cost 658 Direct inventories 355 Direct production cost 359 Discount rate 315 Discrete 565 Discrete or continuous systems 565 Dominance in games 499 Dual problem 105 Dual simplex method 122 Duality in linear programming 105 Dummy activity 638 Dynamic programming 564 Earliest event time 654 Economic lot size with finite rate of replenishmen 390 Economic order quantity models 375 Essential items 372 Events 636 Explosive state 457 Finished goods inventories 355 Fixed time model 403 Floods technique 216

704

Operations Ressearch

Fluctuation inventories 356 FSND analysis 373 Graphical method in L.P.P. 28 Group replacement 302 Group replacement policy 332 Historical development 450 Hungarian method 216 Implied cost 157 Imputed value 107 In process inventories 355 Incremental discount 389 Indirect cost 659 Indirect inventories 355 Individual replacement policy 332 Input process 450 Integrality of items 393 Inter-arrival time 451 Inventory carrying charges 356 Inventory control 354 Inventory control 354 Isocost line 34 Isoprofit line 32 Jockeying 453 Latest allowable occurrence 656 Lead time 361 Least cost cell (or inspection) method 147 Likely time 641 Linear programming 22 Linear programming 4 Lost-sales shortages 299 Maintenance 295 Manpower planning 344 Materials management 354 Maximin 486 Maximisation problem 179 Maximization case of transportation problem 161

Milestone chart 635 Minimax 486 Minimax principle 486 Minimization of the maximum losses 486 Mixed strategies 501 Mixed strategy games 490 Models with shortages 395 Modified distribution method of optimality test 156 Monte-carlo simulation 619 Mortality tables 333 Mortality theorem 333 Multi channel facility 454 N- jobs and two machines 257 N- person game 488 Negative exponential distribution 451 Non - negativity constraint 14 Non-linear programming 627 North- west corner method 146 Numbering of events 641 Objective function 14 Objective of inventory 360 Oddments 513 Operations research History 3 Objectives 7 Characteristics 10 Model 15 Scope 10 Steps in solving 12 Operating costs 300 Opportunity cost 148 Optimistic time 640 Ordering cost 358 P - system 362 Pessimistic time 640 Poisson random 451 Policy 565 Pq - system 364

Index

705

Present worth factor 315 Preventive maintenance technique 302 Primal problem 105 Probabilistic 413 Probabilistic models 564 Production of goods 361 Programme Evaluation and Review Technique (PERT) 635 Properties of linear programming model 22 Purchase price 359 Pure strategy 490 Q - system 362 Quantity discount model 388 Queuing theory 446 Random numbers 621 Redundancy in transportation problems 198 Reneging 453 Replacement model 295 Safety stock 361 Scheduling problem 237 Scrap value 300 Selective approach system 364 Sensitivity analysis 117 Sequencing problem 255 Service channel 447 Service discipline 455 Service mechanism 453 Set up cost 358 Shadow price 51 Shortage cost or stock 357 Simulation models 618 Simulation technique 619 Single channel facility 454

Skip numbering 641 Slack time 656 Spare parts inventories 355 Stages 564 Standard deviation 641 State 565 Steady state 456 Stochastic models 413 Strategic decision 594 Symmetrical dual simplex 108 Trader problem 175 Transient state 457 Transportation inventories 356 Transportation model 142 Transshipment problem 192 Traveling salesman problem 281 Two phase method 84 Two-bin system 362 Two-person game 488 Types of sequencing problems 257 Unbound solutions 96 Unrestricted variables 99 Variance 641 Ved analysis 372 Vital items 372 Vogels approximation method 148 Waiting line theory 446 Waste inventory 356 XYZ analysis 373 Zero sum game 488