History of OR, Steps in problems solving, Applications of OR and Models and Model Building.

List of alternatives, states of nature, payoff table, Decision making under risk, Decision tree including revised probability.

Formulation of LP model, Graphical method, Simplex method (maximization problem only), Special cases (degeneracy, no feasible solution, unbounded solution, multiple solutions), Duality, Sensitivity Analysis, Using Excel's Solver command to solve LP problems.

Initial solution, Optimal solution: Stepping stone method, MODI method, Degeneracy, Multiple Optimal Solutions, Unbalanced Transportation Problems, Maximization Problems, Using Excel's Solver command to solve Transportation problems.

Network Diagram, Critical path computation-Total float (slack), Construction of time schedule- Gantt Chart, Probability of Completion time.

Economic Order Quantity (EOQ) model, EOQ with quantity discounts model

Structure and components of queuing process, Queuing theory assumptions, disciplines and notations, Single channel and Multi-channel queuing models, Total Expected Cost.

The simulation process, Advantages and Disadvantages of Simulation, Monte Carlo Simulation, Random Nmber Generation .

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