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KMBN206 QUANTITATIVE TECHNIQUES FOR MANAGER

UNIT 1 Operation Research: Introduction

Operation Research: Introduction, Historical Background, Scope of Operation Research
Types of Operation Research Model, Limitations of Operation Research
Decision-Making Environment, Decision-Making Under Certainty
Uncertainty and Risk Situations
Decision Tree Approach and its Application

UNIT 2 Linear Programming Problem and Transportation Problem

Mathematical Formulation of LP Model for Product Mix Problem,Graphical and Simplex Method Of Solving LP Problem
Duality, Transportation Problem, Various Method Of Finding Initial basic Feasible Solution
North West Corner Method, Least Cost Method, Vogel's Approximation Method (VAM)
OPTIMAL SOLUTION, Stepping Stone Method
Modified Distribution Method (MODI) Method
Maximization Transportation Problem

UNIT 3 Assignment Model and GameTheory

Assignment Model: Hungarian Algorithm and its Application,Assignment Model: Hungarian Algorithm and its Application
Two Person Zero-Sum Game, Pure and Mixed Strategy Games
Saddle Point. Odds Method
Dominance Method For Solving Mixed Strategy Game
Graphical Method for Solving Mixed Strategy Game

UNIT 4 Sequencing and Queuing Theory

Johnson Algorithm for n Jobs and Two Machine
n Jobs and Three Machines, Two Jobs and m- Machine Problems
Queuing Theory : Characteristics of M/M/I Queue Model
Application of Poisson and Exponential distribution in estimating Arrival Rate and Service Rate
Application of Queue Model For better Services to the Customer

UNIT 5 Replacement Problem and Project Management

Replacement of Assets that Deteriorate with Time
Replacement of Assets which fails Suddenly
Project Management: Rules For Drawing the Network Diagram
Application of CPM and PERT techniques in Project Planning and Control
Crashing of Operations

20- Most – Important -Questions- For-KMBN206 Quantitative Techniques for Manager

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