QUANTITATIVE TECHNIQUES II (09MBAC202) 09MBAC202)

Syllabus
Course Code: 09MBAC202 Course Title: Quantitative Techniques-II L-T-P: 3-0-0 Credits: 4 Contact Hrs: 4 hrs/week CIE Marks: 50 SEE Marks: 50 Total Marks: 100 Teaching Hrs: 40 hrs Exam Duration: 3 hrs Module I (4 hours) Introduction to O.R., system orientation, use of interdisciplinary teams in OR, necessity of OR in business and industry, scope of OR in modern management, OR and decision making Module II (14 hours) Linear Programming: Introduction, formulation, assumptions, solution space, solution: feasible, basic feasible, optimal, multiple, degeneracy. Solutions to Linear Programming problems: Graphical method, simplex method, big-M method Dual Theory: Existence of dual of a LP problem, primal dual relationships in formulation and their solutions, economic interpretation of dual Module III (10 hours) Transportations problems: Introduction, formulation, assumptions, variants Assignment problem: Introduction, representation, Hungarian method, variants, travelling salesman problem

Syllabus
Module IV (10 hours) Probability: Sample Space and Events, Rules of Probability, Random Variables and Concept of Probability Distribution. Theoretical Probability Distributions: Binomial, Poisson and Normal. Queuing Theory: Characteristics of the queuing system, M/M/1 queuing system, steady state analysis of the basic queuing model. Module - V (8 hours) Introduction to network scheduling, Project scheduling with PERT and CPM, Probabilistic time estimates, F and normal distributions associated with PERT network, Network construction, Computation of activity times, slack and floats, critical path, Crashing of networks Module VI (4 hours) Game theory: Formulation of games, two-person zero-sum game with and without saddle point, graphical method, dominance property.

References
Frederick S. Hillier and Gerald J. Lieberman, Introduction to Operations Research, McGraw-Hill Science. N. D. Vohra, 2004, Quantitative Techniques in Management, Tata-McGraw Hill. Prem Kumar Gupta and D. S. Hira, 2007, Operations Research, S Chand & Co. A. Ravindran, Don T. Phillips, and James J. Solberg, 1987, Operations Research: Principles and Practice, 2nd edition, Wiley International.