This course will empower students through hands-on engagement with real-world applications of operations research models, including linear programming, game theory, transportation, assignment, and decision-making under risk and uncertainty, fostering practical problem-solving skills.
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Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Course Code |
Course Title |
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24DFSG 512B |
Operation Research-Practical (Practical)
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CO175: Evaluate decision-making in business using quantitative approaches and recognize limitations of operations research. CO176: Apply Linear Programming for optimal resource allocation in constrained business scenarios.. CO177: Apply the knowledge of game theory and theory of queuing in analyzing the real business problems through them. CO178: Apply the knowledge of prudent and cost-effective decision making through transportation and assignment problems. CO179: Acquire skills relating to the maximin, minimax, maximax and decision tree analysis CO180: Contribute effectively in course-specific interaction
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Approach in teaching: Intractive Lectures, Practical cases Power point presentation. Learning activities for the students: Seminar presentation, Live practical problems analysis |
CA test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation. |
• Discussion and Preparation/Presentation of Chart/Case studies related to models in operations research
• Case studies/ Numerical problems related to Linear programming.
• Presentations/Case studies/ Numerical problems related to Game Theory.
• Charts based on different queuing model.
• Case studies/ Numerical problems related to application of Transportation.
• Case studies/ Problems related to the practical applicability of Assignment in business.
• Case studies/ Numerical problems/ issues of decision making under Risk and uncertainty
• Kapoor, V. K., Operational Research, Sultan Chand & Sons, New Delhi
• Mathur, Khandelwal, Gupta, Gupta, Operational Research, Ajmera Book Company, Jaipur
• Agarwal, N.P., and Agarwal, Sonia, Quantitative Techniques For Management, Ramesh Book Depot, Jaipur
Suggested Readings:
• Vohra, N. D., Quantitative Techniques In Management, Tata McGraw Hill, New Delhi
• Taha, Hamady A. , Operational Research An Introduction, Prentice Hall of India, New Delhi
• Nag, N. K., Quantitative Methods, Kalyani Publishers, Jaipur
E-Content:
• http://www.universalteacherpublications.com/univ/ebooks/or/index1.htm [2]
• https://www.academia.edu/ [3]
• https://www.slideshare.net/ [4]
Reference Journals:
• https://www.ajol.info/index.php/afst/index [5]
• https://www.amu.ac.in/miscellaneous/the-aligarh-journal-of-statistics/ho [6]...
• https://in.sagepub.com/en-in/sas/calcutta-statistical-association-bullet [7]...
Links:
[1] https://finance.iisuniv.ac.in/courses/subjects/operation-research-practical-0
[2] http://www.universalteacherpublications.com/univ/ebooks/or/index1.htm
[3] https://www.academia.edu/
[4] https://www.slideshare.net/
[5] https://www.ajol.info/index.php/afst/index
[6] https://www.amu.ac.in/miscellaneous/the-aligarh-journal-of-statistics/ho
[7] https://in.sagepub.com/en-in/sas/calcutta-statistical-association-bullet
[8] https://finance.iisuniv.ac.in/academic-year/2024-2025