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.