BMB206 Quantitative Techniques for Managers

Unit 1 [Book]
Operations Research, History, Uses VIEW
Scope of Operations Research VIEW
Applications of Operation Research in Managerial Decision making VIEW
Types of Operations Research Models VIEW
Limitations of Operations Research VIEW
Decision-making Environments:
Decision-making under Certainty, Uncertainty and Risk Situations VIEW
Decision Tree approach and its Applications VIEW
Unit 2 [Book]
Mathematical formulations of LP Models for Product-Mix Problems VIEW
Graphical and Simplex Method of Solving LP Problems VIEW
Unit 3 [Book]
Various Methods of finding Initial basic Feasible solution
North West Corner Method VIEW
Least Cost Method VIEW
Vogel’s Approximation Method (VAM) VIEW
Optimal Solution
Stepping Stone Method VIEW
Modified Distribution Method (MODI) Method VIEW
Maximization Transportation Problem VIEW
Assignment Model: Hungarian Algorithm and its Applications VIEW
Maximization Assignment Problem VIEW
Unit 4 [Book]
Johnsons Algorithm for n Jobs and Two machines VIEW
n Jobs and Three Machines VIEW
Two jobs and m – Machines Problems VIEW
Queuing Theory
Characteristics of M/M/I Queue model VIEW
Application of Poisson and Exponential distribution in estimating Arrival Rate and Service Rate VIEW
Applications of Queue Model for Better Service to the Customers VIEW
Unit 5 [Book]
Project Management VIEW
Rules for Drawing the Network Diagram VIEW
Applications of CPM and PERT Techniques in Project planning and Control VIEW
Crashing of Operations VIEW

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