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MANAGEMENT SCIENCE(MS)
Quizzes 40%
Midterm 25%
Final 25%
Homework/Attendance 10%
========================
Total 100%
4. Topic Outline:
Unit Topic(s)
1 Introduction and Overview
2 Linear Programming Formulation
3 Solving Linear Programming
4 Theory of Simplex
5 Duality Theory
6 Project Scheduling: PERT-CPM
7 Game Theory
Unit Topic(s)
8 Decision Analysis
9 Markov Chain Model
10 Queuing Theory
11 Inventory Theory
12 Forecasting
13 Simulation
Linear Programming (LP):
Maximize 3 x1 5 x2
subject to 1x1 0 x2 4
0 x1 2 x2 12
3 x1 2 x2 18
x1 0, x2 0
a x
j 1
ij j bi , a
i 1
ij yi c j ,
b 0 Oil
ism
0.3 Drill g 0. 5 0
se
Fav .5
Do
orab d Dry
le
a Sell
No Oil
se Drill h 0.205
is .75
mi Dry
cs e
ur
ve Sell
y
Markov Chain Model:
C
Queue S
Customers C S Service
CCCCCC
C S facility
C S
Served customers
Inventory
level
Q
Batch Q at
size Q
Q 2Q
0 Time t
a a
Forecasting:
10,000
8,000
6,000
4,000
2,000
0 1/99 4/99 7/99 10/99 1/00 4/00 7/00
Simulation:
4
3
2
1
0 Cycle 1 C.2 Cycle 3 C.4 C.5 Time
Introduction to MS/OR