MI40036: Advanced Quantitative Decision Making
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| MI40036 | |||||||||||||||||||||||||
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| Course name | Advanced Quantitative Decision Making | ||||||||||||||||||||||||
| Offered by | Mining Engineering | ||||||||||||||||||||||||
| Credits | 3 | ||||||||||||||||||||||||
| L-T-P | 3-0-0 | ||||||||||||||||||||||||
| Previous Year Grade Distribution | |||||||||||||||||||||||||
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| Semester | Spring | ||||||||||||||||||||||||
Syllabus
Syllabus mentioned in ERP
Syllabus for QDM:
Linear programming: concepts, graphical solutions, simplex method, primal-dual models, sensitivity analysis, transportation and assignment problems. Network analysis - problems of shortest path, minimal spanning tree, maximal flow, CPM and PERT.
Syllabus for AQDM:
Dynamic programming and stagecoach problem; Discrete and continuous probability distributions, stochastic process and Markov chains; Basic queuing models with constant arrival and service rates; Inventory models.