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QT - Course Plan

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Sneha Giji Saji
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32 views

QT - Course Plan

Uploaded by

Sneha Giji Saji
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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QUANTITATIVE TECHNIQUES

Course Instructors
Name Sem, Programme & Batch Email
Prof. Rishabh Rathore Trimester I PGDM B & C [email protected]
Dr. Veeva Mathew Trimester II PGDM A [email protected]

1. About Quantitative Technique Course


This course imparts conceptual understanding and applications of various mathematical techniques
for better decision making business problems. The course is application oriented and helps to
structure, analyze and solve real life decision making situations.

2. Course Learning Objectives mapped to Programme Learning Objectives (PLOs)


i. An understanding of the rules for solving a system of equations and the application of
matrices in business
ii. To identify situations in which linear programming can be applied, to recognize and
formulate transportation and assignment problems. Also, appreciate the assumptions of this
technique to for better decision making (PLO1b)
iii. An understanding of the concept of various simulation techniques and also examine
situations that generate queueing models.
iv. An understanding of how to construct decision trees for making decisions and also to
understand the basic principles of game theory.

PLO 1b: Our graduates will be able to generate alternatives for effective problem solving.

3. Session Plan

Session Topics Reading Methodology

1-2 Matrices – Multiplication (addition), Ch 10- JK Sharma (4) Lecture and


Inverse and solving systems of problem
equations, solving

algebraic operations involving matrices,


3-4 Determinants(adjoint, transpose)

Inverse of a matrix, Solution of


simultaneous equations up to 3
5-6 variables using matrices

Ch. 19- JK Sharma (4) Lecture and


7-8 Model Formulation
problem
Introduction to LP and Graphical or
solving
9-10 Method to solve LPP, Introducing the Ch. 2 – JK Sharma (1)
software QM for Windows-Solution to
LPP
Simplex Method using QM for
11-12
Windows- Solution to LPP
Introduction to Transportation Models Ch. 5-Hamdy and Taha (3) Lecture and
13-14 (TP), problem
Or
solving
Initial Feasible Solution, NW, LCM & Ch-9-10 JK Sharma (1)
15-16 VAM, CAM, TP, Optimal Solution ,
MODI Method
Assignment Model Introduction and
17-18
Optimal Solution (Hungarian Method)
Introduction to Queuing Models, Ch. 15 and 16 -Hamdy and Lecture and
19-20
Taha (3) problem
2 1- 22 Queuing Models (M/M/1), solving
Or
Problems involving Queuing Models
23- 24
(M/M/1), Ch 16- JK Sharma (1)
25-26
Simulation, Basic concepts,
Simulation, Monte Carlo Simulation
Ch 11 and 12 - JK Sharma(1) Lecture and
27-28 Introduction to Decision Theory, problem
Or
solving
29-30 Game theory Ch. 11-12 – JK Sharma (1)

4. References/Books

1. J K Sharma, Operations Research: Theory and Applications, Macmillan India Ltd. 2011
2. Richard I Levin; David S Rubin; Joel P Stinson, Everette S Gardner, Quantitative Approaches to
Management, Mc Graw Hill International Editions, 2009
3. Hamdy A Taha, Operations Research - An Introduction, PHI Publishers 2010.
4. JK Sharma, Business Mathematics- Theory and Applications. Ane’s Students Edition, 2009. 5.
5. Grading Structure – PGDM
Evaluation tool Marks PLOs assessed
End term examination 30
Mid term examination 20
Quiz 10
Group Assignment 15 PLO1b
Individual Assignment 20
Attendance 5
Total 100 marks

.6. Grading or Evaluation tools other than Examinations

Quiz: Moodle/written Quiz will be conducted in after the completion of Module 1

Presentation: Problem solving situations based on each module will be given

Individual Assignment: Problems based on each module will be given

7. Course policies

Please refer student guidelines

8. Assignment Schedule

Quiz 2nd day after module 1 is completed


Presentation 2nd day after each module is completed
Individual Assignment 3rd day after each module is completed

9. Course requirements: Scientific calculator and laptops

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