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Old February 1st, 2018, 09:34 AM
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Educhamp
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Default Re: Operations Research Osmania University

I am providing you the syllabus of Operations Research (OR) of MBA of Osmania University

Osmania University MBA Operations Research (OR) syllabus

Paper Code – MB 303

Course
: OPERATIONS RESEARCH

Course Objective: The objective of the course is to give an overview of different Optimization
Techniques useful for problem solving and decision making.

Unit – I: Introduction

i. Introduction to OR- Origin, Nature, definitions, Managerial applications and limitations of OR.
ii. Linear and Non- Linear, Integer, Goal [Multi-Objective] and Dynamic Programming Problems
(Emphasis is on Conceptual frame work-no numerical problems.
iii. Linear Programming: Mathematical model, Formulation of LPP, assumptions underlying LPP,
Solution by the Graph, Exceptional cases.

Unit – II: Allocation Model - I
i. LPP - Simplex Method- Solution to LPP problems Maximisation and Minimisation cases
Optimality conditions. Degeneracy.
ii. Dual - Formulation, Relationship between Primal - Dual, Solution of dual, Economic
interpretation of dual.
iii. Sensitivity analysis and its implications.

Unit – III: Allocation Model - II
i. Transportation Problem (TP) - Mathematical model, IBFS using northwest corner rule, Row
and Column Minimum methods, Matrix minimum method(LCM) and Vogel's approximation
method, Unbalanced TP, Degeneracy, Optimality Test and Managerial applications.
ii. Assignment Problem (AP): Mathematical model, Unbalanced AP, Restricted AP, method of
obtaining solution- Hungarian method.
iii. Travelling salesman problem, Managerial applications of AP and TSP.

Unit – IV: Network Models

i. Network fundamentals- scheduling the activities -Fulkerson’s Rule –CPM- earliest and latest
times -determination of ES and EF in the Forward Pass - LS and LF in backward pass
determination of Critical Path, Crashing, time cost trade off.
ii. PERT-Beta Distribution, probabilistic models, Calculation of CP, resource analysis and
allocation.

Unit – V: Waiting Line / Competitive Strategy Models
i. Queuing Theory - Concepts of Queue/Waiting Line - General structure of a Queuing systemOperating characteristics of Queues, deterministic Queuing models -Probabilistic Queuing
Model –Cost Analysis - Single Channel Queuing model - Poisson arrival and exponential
service times with infinite population.
ii. Game Theory- concepts, saddle point, Dominance, Zero-sum game, two, three and more
Persons games, analytical method of solving two person zero sum games, graphical solutions
for (m x 2) and (2 x n) games.
iii. Simulation- Process of simulation, Applications of simulation to different management
Problems

Suggested Readings:

1. N.D. Vohra, “Quantitative Techniques in Management”, 2010, 4th Ed.TMH.
2. J.K. Sharma, “Operations Research Theory and Applications 2009, 4th Ed. Macmillan.
3. Kasana, HS & Kumar, KD, “Introductory Operations Research theory and applications”, 2008, Springer.
4. Chakravarty, P, “Quantitative Methods for Management and Economics”, 2009, 1
St Ed. HPH.
5. Barry Render, Ralph M. Stair, Jr. and Michael E. Hanna, “Quantitative analysis for Management”, 2007, 9th Ed. Pearson.
6. Pannerselvam, R, “Operations Research”, 2006, 3rd Ed. PHI.
7. Selvaraj, R, “Management Science Decision Modeling Approach”, 2010, 1
St Ed. Excel.
8. Ravindren, A, Don T. Phillips and James J. Solberg, 2000, “Operations Research Principles and Practice”, 2nd Ed. John Wiley and Sons.
9. Hillier, Frederick S. & Lieberman, “Introduction to Operations Research Concepts and Cases”, 2010, 8th Ed. TMH.
10. Prem Kumar Gupta & others, “Operations Research”, 2010, S. Chand

Contact-

Osmania University
Osmania University Main Rd, Amberpet, Hyderabad, Telangana 500007
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