INM421

Operations Research-II

Course ID
INM421
Department
Industrial Engineering & Management
Level
Undergraduate
Instructor
Dr. Sonia Irshad Mari
Semester
7th Semester
Credit
3.0 + 1.0

After completion of this course each student would be able to:

  • APPLY queuing theory to solve relevant problems in manufacturing and service industries.
  • USE game theory and forecasting models for solving industrial engineering problems.
  • CALCULATE economic life of equipment using replacement theory.

The Operations Research-II is a compulsory course and has been offered by the Department of Industrial Engineering and Management.

Course Learning Outcomes

CLOs

Descriptions

Taxonomy Level

PLO

1

APPLY queuing theory to solve relevant problems in manufacturing and service industries.

C3

2

2

USE game theory and forecasting models for solving industrial engineering problems.

C3

2

3

CALCULATE economic life of equipment using replacement theory.

C4

2

Practical/Lab Work

CLO

Description

Taxonomy Level

PLO

1

ADOPT general and specific safety guidelines during lab work.

A3

6

2

PERFORM the different practical using operations research techniques.

P4

5

3

CONDUCT open-ended lab work within the scope of operations research.

P4

12

4

RESPOND to different situations related to subject and must express opinion regarding a problem.

A2

4

Course structure and modules

Course Contents:            

  • Queuing theory:

Queuing theory and its applications, queuing system, terminology used in queuing system, elements of queuing system, single channel queuing system, single channel Poisson arrivals with exponential service (Infinite Population Model), single channel Poisson arrivals with exponential service (Finite Population Model), multi-channel queuing system.

  • Replacement models:

Replacement models and replacement policies, replacement of items that deteriorate, i.e., whose maintenance costs increase with time, replacement of items that fail suddenly, miscellaneous replacement problems.

  • Theory of games:

Game theory and its terminology, applications of  game theory, Types of games, methods used to solve game problems, , mixed strategies (2×2 games), mixed strategies (2 x n games or m x 2 games), mixed Strategies (3×3 games), summary of systematic method for solving two-person zero-sum games, n-person zero-sum games, game problems.

  • Forecasting Models:

Introduction, importance of sales forecasting, forecasting for new products, short- term sales forecasting, long-term sales forecasting, sales forecasting methods techniques.

  • Simulation

Introduction, types of simulation, phases of simulation process, Monte Carlo simulation, generation of random number, simulation models for queuing system

Note:    Labs will be based on Theory

Recommended Books

  • Problems in Operation Research, By: P. K. Gupta & D. S. Hira, S. Chand And Company Ltd. New Delhi, Latest edition
  • Operations research: an Introduction 6/E (PB) with Disk, By: Handy A Taha, Printice-Hall International, New York Latest edition
  • Introduction to Management Science, By. Bernald W Taylor-III, Prentice Hall International Editions, Latest edition
  • Operation Research an Introduction, By: Handy A. Taha, Collier Macmillan Publishars, London, Latest edition