MI4502 Applied Operations Research II Syllabus:
MI4502 Applied Operations Research II Syllabus – Anna University PG Syllabus Regulation 2021
COURSE OBJECTIVE :
To learn the fundamentals of operations research to applied in business decision making.
UNIT I LINEAR PROGRAMMING (LP) II
Introduction to principles of Duality, Solution by Dual Simplex method and Revised Simplex method. Sensitivity Analysis.
UNIT II INTEGER PROGRAMMING
Integer Programming – Branch and Bound (Graphical method), Gomory’ cutting plane methods – pure and mixed IPP
UNIT III DECISION MODELS
Decision Theory – Decision making under risk and uncertainty – Decision trees
UNIT IV QUEUING MODELS
Queuing Models – Single (M/M/1): (α/FIFO), (M/M/1): (N/FIFO) and multi Channel Models (M/M/C): (α/FIFO), (M/M/C): (N/FIFO)
UNIT V REPLACEMENT MODELS
Replacement Models – Replacement of capital items, Individual and group replacement of items.
TOTAL : 45 PERIODS
COURSE OUTCOME :
To facilitate modeling a business situation to arrive at quantitative solutions.
TEXT BOOKS :
1. G. Srinivasan, Operations Research – Principles and Applications, PHI, 2007.
2. Gupta P.K, Hira D.S, Problem in Operations Research, S.Chand and Co, 2007.
REFERENCES :
1. Paneerselvam R., Operations Research, Prentice Hall of India, Fourth Print, 2008.
2. Hamdy A Taha, Introduction to Operations Research, Prentice Hall India, Seventh Edition, Third Indian Reprint 2004.
3. Frederick & Mark Hillier, Introduction to Management Science – A Modeling and case studies approach with spreadsheets, Tata Mcgraw Hill, 2005.