FULLY SOLVED BOOK LASY 5 YEARS PAPERS SOLVED PLUS GUESS
SECTION-A Module I: Introduction Introduction to Operations Research. Definition, Scope of Operations Research, Characteristics, Advantages and Limitations. Quantitative Approach to Decision Making, Models & Modeling in Operations Research. Module II: Linear Programming Linear Programming, Structure of Linear Program Model, Assumption, Advantages, Limitations, General Mathematical Model, Guidelines for Formulation of Linear Programming Model, Graphical Method, Algorithm (Only Illustrative Problems) Duality in Linear Programming. Module III: Transportation and Assignment Transportation Problem, General Structure of Transportation Problem, Methods of Finding Initial Basic Feasible Solution (NWCM, LCM and VAM), Test for Optimality (MODI Method), Degeneracy (Theory Only), Assignment Problems, Introduction, General Structure, Problems on Minimization and Maximization. Module IV: Decision Theory Decision Theory – Decision Under Uncertainty – Maxmin and Minmax, Decision Under Risk- Expected Value, Decision Tree Problems. Module V: Game Theory Theory of Games- Formulation of Game Models, Two Person Zero Sum Games and their Solution, 2 × N and M × 2 Games, Pure with Saddle Point, Mixed Strategies (Graphical and Algebraic Methods), Limitations of Game Theory. Module VI: Simulation Simulation, Process of Simulation, Types of Simulation, Steps in Simulation Process, Monte Carlo Simulation, Application in Queuing, Inventory, Finance, Marketing and HR Areas, Advantages and Disadvantages Module VII: Replacement Theory Replacement Problems: Replacement of Items that Deteriorate with Time; Replacement of Items that Fail Completely; Staffing Problem. Module VIII: Network Analysis PERT & CPM, Network Components and Precedence Relationships, Critical Path Analysis, Probability in PERT Analysis, Theory of Crashing.
