Syllabus of UPTU (M.B.A.)Semester I

MBA 024 : OPERATIONS RESEARCH
Max. Hours : 40
Unit I (6 Sessions)
Operations Research:- Uses, Scope and Applications of Operation Research in managerial decision-making.
Decision-making environments:- Decision-making under certainty, uncertainty and risk situations; Decision
tree approach and its applications.
Unit II (16 Sessions)
Linear programming: Mathematical formulations of LP Models for product-mix problems; graphical and
simplex method of solving LP problems; sensitivity analysis; duality.
Transportation problem: Various methods of finding Initial basic feasible solution and optimal solution.
Assignment model: Algorithm and its applications.
Unit III (6 Sessions)
Game Theory: Concept of game; Two-person zero-sum game; Pure and Mixed Strategy Games; Saddle Point;
Odds Method; Dominance Method and Graphical Method for solving Mixed Strategy Game.
Sequencing Problem: Johnsons Algorithm for n Jobs and Two machines, n Jobs and Three Machines, Two
jobs and m - Machines Problems.
Unit IV (12 Sessions)
Queuing Theory: Characteristics of M/M/I Queue model; Application of Poisson and Exponential distribution in
estimating arrival rate and service rate; Applications of Queue model for better service to the customers.
Replacement Problem: Replacement of assets that deteriorate with time, replacement of assets which fail
suddenly.
Project Management: Rules for drawing the network diagram, Applications of CPM and PERT techniques in
Project planning and control; Crashing of operations.
SUGGESTED READINGS:
1) Vohra - Quantitative Techniques in Management (Tata McGraw-Hill, 2nd edition), 2003.
2) Kothari - Quantitative Techniques (Vikas 1996, 3rd Edition).
3) Taha Hamdy - Operations Research - An Introduction (Prentice-Hall, 7th edition)
4) Sharma J K - Operations Research (Pearson, 3rd Edition)
5) Kapoor V.K. - Operations Research (S. Chand, 4th Edition)

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Syllabus of UPTU (M.B.A.)Semester I - OPERATIONS RESEARCH

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