Course Name : Operations Research Course Code : MGT501 Course Hours : 03 Semester : 5th Total Weeks : 16/18 Total Hours : 48/54 Week 1-2 Introduction to Quantitative Analysis Problem Solving and Decision Making Quantitative Analysis and Decision Making The Quantitative Analysis Approach Models of Cost, Revenue and Profit Solving Problems Using Computer Software Week 3-4 Problem Formulation Decision Making without Probabilities Decision Making with Probabilities Decision Analysis with Sample Information Utility and Decision Making Solving Problems Using Computer Software Week 5-6-7 Linear Programming Model (LP) Introduction Problem Formulation Graphical Solution to LP Problem Four Special Cases in LP Solving Maximization Problems with Simplex Method Solving Minimization Problems Solving Problems Using Computer Software Week 8-9-10 Transportation and Assignment Model Introduction A Network Model and LP Formulation for a Transportation problem Transportation Simplex method A Network Model and LP Formulation for an Assignment Problem Hungarian Method for Solving an Assignment Problem Solving Problems Using Computer Software Week 11-12 Network Model Introduction Minimal Spanning Tree Technique Maximal Flow Technique Shortest Route Technique PERT/CPM Solving Network Models Using Computer Software Week 13-14 Forecasting Introduction Type of Forecasts Scatter Diagram Measures of Forecasting Accuracy Main Text Render, B., M. Stair , R. & Hanna, M. E., “Quantitative Analysis for Management”, Prentice Hall Itl., 2003. Other References 1. Anderson, Sweeney & Williams, ”An Introduction to Management Science: Quantitative Approaches to Decision Making, South-Western, 2003. 2. Hillier, F. S. & Lieberman, G. J., “Introduction to Operations Research”, Mc Graw-Hill, 1995. 3. Any book on Microsoft Excel.