Advanced Production and Operation Management
Advanced Production and Operation Management
1. Learning Outcomes:
At the end of semester students would be able to
(a) Create a better understanding of Operations Research concepts in solving business and commerce
related problems.
(b) Acquire the necessary theoretical background and methodological skills to solve organizational
decision problems.
3. Course Contents:
Marks
Module No. of
Modules with its Contents/Chapters (out of
No. Sessions
70)
LINEAR PROGRAMMING PROBLEM (LPP)-I -
Formulation and Graphical Solution
-Introduction to LPP, Assumption of Linear programming,
General Mathematical Form.
-Formulation of LPP, basic definitions and fundamental 17
I 10
properties of solutions
-Solution of LPP using Graphical method (both maximization
and minimization cases).
-Special Cases: multiple optimal solution, infeasible solution,
unbounded solution, and redundant constraint.
LINEAR PROGRAMMING PROBLEM (LPP)-II - The
Simplex Method and Duality
-Concept of slack and surplus variables.
-The Simplex method, conditions of simplex method, Solution 18
of LP using Simplex Method (Maximization case only)-the
II simplex algorithm. 10
-Special Cases: multiple optimal solution, infeasible solution,
unbounded solution using simplex method.
-Concept of Primal-Dual, construction of dual from primal,
properties of dual LPP.
-LPP using Excel
THE TRANSPORTATION AND ASSIGNMENT
PROBLEM
-Introduction, LP formulation of TP, existence of feasible
solution
-IBF Solution of TP using NWCM, LCM and Vogel’s
Approximation method
- Optimal Solution of TP using Modified Distribution Method
III -Degeneracy in Transportation Problem 10 17
-Special Cases-unbalanced TP, multiple optimal solution, and
maximization case.
-Assignment Problem (AP) - Introduction, LP formulation of
AP, Optimal Solution of AP using Hungarian Assignment
Method
-Special Cases-unbalanced AP, multiple optimal,
maximization case
THEORY OF GAMES AND QUEUES
-Introduction to game theory , pure and mixed strategies
-The two-person zero-sum games and their solution, the saddle
point approach
-Games without saddle points-mixed strategies
-Dominance rule 18
IV -Theory of Queues (waiting lines) 10
-Introduction to queuing theory, general structure of queuing
system
-Operating characteristics (OC) of a queuing system,
deterministic and probabilistic models, Kendal’s notation,
distributions of arrivals and service times
-M/M/1):(∞/FIFO) model and its various OC.
Practical:
Use of Excel Solver/TORA software to solve above problems 30
V Marks
and teaching the above concepts using at least one case in each
topic of CEC
4. Teaching Methods:
The course will use the following pedagogical tools:
(a) Discussion on concepts and issues in Operations research.
(b) Case discussion covering a cross functional work within manufacturing or service industry.
(c) Projects/ Assignments/ Quizzes/ Class participation etc.
5. Evaluation:
The evaluation of participants will be on continuous basis comprising of the following
Elements:
Continuous Evaluation Component comprising of
A
Projects/ Assignments/ Quizzes/ Individual or group (Internal Assessment- 50 Marks)
Presentation/ Class participation/ Case studies etc
B Mid-Semester examination (Internal Assessment-30 Marks)
C End –Semester Examination (External Assessment-70 Marks)
6. Text / Reference Books:
Sr. No. Author Name of the Book Publisher Year of
Publication
V K Kapoor Operations research – S Chand & Sons Latest Edition
1 Quantitative Techniques
for Management
Vohra N D Quantitative techniques Tata McGraw 3rd Edition or
2
in management Hill higher
J K Sharma Operations Research- MacMillan 4th Edition
3
Theory & Applications
Barry Render, Quantitative Pearson Latest Edition
Ralph Analysis for
M. Stair, Jr., Management
4
Michael
E. Hanna, T N
Badri
G. Operations Prentice Hall Latest Edition
5 Srinivasan Research