Operation Research in Business and Industry

Learning Outcomes

At the end of this course, the students will be able to: Make proper decision using the correct method according to the problem; Mention operation research applications in business and industry; Apply the model of operation research that have been studied to solve various problems of business and industry

Topics

1. Introduction to operation research
2. Linear programming problems
3. Simplex method linear programming
4. Linear programming with Big M Method
5. Primal and dual linear programming models
6. Sensitivity analysis
7. Linear Programming solution with Karmarkar method
8. Fuzzy Linear Programming
9. Transportation model and its solution
10. Assignment model
11. Hungary methods
12. Integer programming and its applications
13. Dynamic programming and its applications
14. Decision terminology
15. Decision making of principal data
16. Queueing model
17. Single channel queueing model
18. Multi channel queueing model
19. Simulation model
20. Probabilistic simulation
21. Simulation model application
22. Paper writing
23. Paper presentation