SCHOOL OF TEACHING ACADEMIC SESSION : FOR STUDENTS

BUSINESS DEPARTMENT : QT, 2014-2015 BATCH – BBA (2014-

STUDIES OPERATIONS, OR 2017)
1 Course No.

2 Course Title Operations Research Techniques

3 Credits 3

Contact Hours – 25
Workshop - 5
Project / fieldwork – 10
4 Hours
Assignment- 10
Guided Study – 25
Total- 75

The module aims to provide students with an awareness of the quantitative

techniques required in the business & industries and will provide learners
with the opportunity to develop quantitative approach for decision making to
Course a professional level. On the completion of the module students will be able to
5 Objective understand and apply quantitative techniques for making business decisions.

On completion of the module students will have

To acquaint the students with the application of quantitative techniques in

business and industry.
To acquaint the students with the most basic of OR tools.
To equip the students with background that is absolutely necessary for
reaching efficient managerial decisions.
Course To provide the knowledge of Allocation models and its applications in
6 business.
Outcomes
Assessment Strategy:
1. Every week assignments will be given.
2. From the assignments given in the previous days, class quiz for first 15
minutes will be taken. Two quiz per week.

7 Outline syllabus:

Operations Research:- Uses, Scope and Applications of Operation

Research in managerial decision-making.
Decision-making environments:- Decision-making under certainty,
7.01 Unit A uncertainty and risk situations; Decision tree approach and its
applications.
 Linear programming: Formulations of LP problems; graphical
method of solving LP problems;
7.02 Unit B

Transportation problem: Various methods of finding Initial basic

feasible solution and optimal solution.
7.03 Unit C Assignment model: Algorithm and its applications.

Game Theory: Concept of game; Two-person zero-sum game; Pure

7.04 Unit D and Mixed Strategy Games; Saddle Point; Dominance Rule

Replacement Problem: Replacement of assets that deteriorate with

7.05 Unit E time, replacement of assets which fail suddenly.

8 Course Evaluation

8.1 Course work:

8.11 Attendance

8.12 Homework (3) 15%

8.13 Quizzes (6) 15%

8.14 Projects

8.15 Presentations

8.16 Any other (give details and weight)

8.2 MTE (one) 20%

8.3 End-term examination: weight 50%

9 References

1.M.P. Gupta ; R.B.Khanna, QuantitativeTechniques for Decision

Making, PHI
9.1 Text book
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