OPERATION RESEARCH BBA-N406 Online Class

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 BBA- IV SEMESTER    BBA-N406

OPERATION RESEARCH 

Objective: This course is designed to develop a deeper understanding of quantitative techniques, which could be successfully used for improving the quality of managerial decisions. The students will study this course with a generalist approach and avoid the minor details of the topics prescribed hereunder. 

Unit I 

Nature, Definition & characteristics of operations research, Methodology of DR, Models in OR; OR & managerial Decision making, OR techniques. 

Unit II 

Linear Programming: Introduction, Advantages of Linear Programming, Applications areas of Linear Programming. LPP-problem formulation, Graphic Method, Simplex Method (including Big M method) 

Unit III 

Transportation- North West Corner Rule, matrix Minima & VAM Methods, Degenerating, MODI Method. Assignment Problems, Decision making under Uncertainty-Criteria of Maximax, maximin, Maximax Regret, lap lace & Hurwitz; Decision making under Risk- Criteria of EMV & EOL, Decision Tree approach & its applications.

 Unit IV 

PERT & CPM- Introduction, Network Analysis, Time Estimates in Network Analysis, Critical Path Method; Programme Evaluation & Review Technique.

Only three days in a week  Thursday, Friday, Saturday 

Time: 10:00 AM to 11:00 AM.

Online Class Zoom Link  Click here

 OPERATION RESEARCH 

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