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ME-703 (A) · Operation Research & Supply Chain/Official Syllabus

Operation Research & Supply Chain (ME-703 (A)) - Official Syllabus

1
Unit 1

Linear system and distribution models

  • Mathematical formulation of linear systems by LP
  • solution of LP for two variables
  • Simplex method
  • special cases of LP- transportation and assignment model and their graphical solution
  • Vogels Approximation Method (VAM) or penalty method
  • cell evaluation degeneracy
  • basics of SW Lindo, Tora, Excell
2
Unit 2

Supply chain (SCM)

  • Definition, importance, expenditure and opportunities in SCM
  • integration of inbound, outbound logistics and manufacturing to SCM, flow of material money and information
  • difficulties in SCM due to local v/s system wide (global) optimization and uncertainties in demand and transportation
  • Bull-whip effect
  • customer value; IT, info-sharing and strategic partnerships
  • plant and warehouse-network configuration
  • supply contracts and revenue sharing; outsourcing
  • transportation, cross docking and distribution
  • forecasting models in SCM
  • coordination and leadership issues; change of purchasing role and vendor rating, variability from multiple suppliers
3
Unit 3

Inventory models

  • Necessity of inventory in process and safety stock, problem of excess inventory and cycle time
  • JIT/ Lean Mfg
  • basics of inventory models with deterministic demand, Classical EOQ Model
  • ABC, VED and other analysis based on shelf life, movement, size
  • MRP technique and calculations, lot sizing in MRP, linking MRP with JIT
  • evolution of MRP to ERP to SCM and e-business
4
Unit 4

Waiting Line Models and Competitive strategy

  • Introduction, Input process, service mechanism, Queue discipline
  • single server (M/M/1), average length and average time calculations, optimum service rate
  • basic multiple server models (M/M/s)
  • Competitive strategy: concept and terminology, assumptions, pure and mixed strategies, two-person zero sum games
  • saddle point, dominance, graphical, algebraic and LP methods for solving game theory problems
5
Unit 5

Network Analysis and Meta-heuristics

  • Project Planning, Scheduling and Controlling; Project management
  • Network Techniques and its role in project management, Network logics, Fulkerson's Law, Merits and Demerits of AON Diagrams
  • Programme Evaluation and Review Technique (PERT), Critical Path Method (CPM), Determination of critical path, Float/Slack
  • Definition of heuristic and meta-heuristic algorithms
  • introduction to Tabu search, Simulated Annealing and Genetic algorithms and solution of traveling salesman, non linear optimization problems

Reference Books

  • Hillier FS and Liberman GJ; Introduction to Operations Research concept and cases; TMH
  • Simchi-Levi, Keminsky; Designing and managing the supply chain; TMH
  • Heera and Gupta, Operation Research, S Chand Pub.
  • Sharma JK; Operations Research; Macmillan
  • Taha H; Operations research; PHI
  • Jain, pandey & shrivastava; Quantitative techniques for management, New Age publishers
  • Srinivasan G; Quantitative Models In Operations and SCM; PHI Learning
  • Mohanty RP and deshmukh SG; Supply Chain Management; Wiley India
  • Sen RP; Operations Research-Algorithms and Applications; PHI Learning
  • Bowersox DJ, Closs DJ, Cooper MB; Supply Chain LogistiMgt; TMH
  • Bronson R; Theory and problems of OR; Schaum Series; TMH
  • Kantiswaroop, Operation Research, Sultan Chand
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