Social Parameters

In: Social Issues

Submitted By sid4785
Words 373
Pages 2
Objective:

Operations Research is the science of decision making and the art of decision modelling. It is a set of quantitative tools used by the managers to take decisions and formulate their business strategies.
The basic objective of this course is to provide an understanding of the important techniques used in decision making. A certain level of mathematical hands-on expertise will be required to ensure understanding of the tools in operations research. At the end of the course you are expected to
• Formulate real world decision making situations as mathematical optimisation problems
• Solve linear programming problems
• Be able to understand what the solution means
• Understand basic concepts of transportation, assignment and integer programming problems.

Reference

[1] F.S.Hillier and M.S.Hillier, Introduction to Management Science: A Modeling and Case Studies Approach with Spreadsheets, Tata McGraw-Hill, New Delhi,.
[2] H.A.Taha, Operations Research An Introduction, Prentice Hall of India Private Limited, New Delhi.
[3] Hiller and Lieberman, Introduction to Operations Research, Tata McGraw Hill, New York,.
[4] N. Balakrishnan, B. Render and R.M.Stair, Managerial Decision Modeling With Spreadsheets, Pearson Education.

Objective:

Operations Research is the science of decision making and the art of decision modelling. It is a set of quantitative tools used by the managers to take decisions and formulate their business strategies.
The basic objective of this course is to provide an understanding of the important techniques used in decision making. A certain level of mathematical hands-on expertise will be required to ensure understanding of the tools in operations research. At the end of the course you are expected to
• Formulate real world decision making situations as mathematical optimisation problems
• Solve linear…...

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