IM60005: Decision Modelling

IM60005
Course name	DECISION MODELLING
Offered by	Industrial & Systems Engineering
Credits	4
L-T-P	3-1-0
Previous Year Grade Distribution
1 EX A B C D P F
Semester	{{{semester}}}

Syllabus

Syllabus mentioned in ERP

Linear programming: Formulation of LP models, Graphical procedure of solution and Simplex method, Duality Concept and its applications, Dual Simplex Methods Linear Algebra, Revised Simplex Method, Sensitivity Analysis Transportation and Assignment problems, Network flow Linear programming approach to goal programming and gaming situations Integer Programming, Cutting plane algorithm and Branch and bound algorithm Probability and statistical methods: probability and conditional probability, random variables, density and distribution functions, Important statistical distributions and their properties, sampling and sampling distributions, point and internal estimation, tests of hypothesis, regression and correlation analysis, and analysis of variance Models and Modelling: model verification and validation, decision modelling for deterministic, uncertainty, risk and competitive situations. Books •Ravindran, A., Philips, D.T., and Solberg, J.J., Operations research, John Wiley and Sons. •Taha H.A., Operation Research- An Introduction, PHI •Hillier F.S. and Lieberman G.J., Introduction to Operation Research, McGraw Hill. •Hadley G., Linear Programming, Addison-Wesley.

Time Table

Day	8:00-8:55 am	9:00-9:55 am	10:00-10:55 am	11:00-11:55 am	12:00-12:55 pm		2:00-2:55 pm	3:00-3:55 pm	4:00-4:55 pm	5:00-5:55 pm
Monday
Tuesday
Wednesday			ISE-E1
Thursday		ISE-E1
Friday				ISE-E1	ISE-E1