Optimization Techniques

Paper Code: 
STT 502
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

This paper aims at teaching the students various optimization techniques and to introduce them with the concept of operational research.

9.00
Unit I: 
Linear Programming

History and scope of operation research limitations and advantages concept of basis, basic feasible solutions, convex sets and extreme points. Definition of General L.P.P., formulation problems of L.P.P,

9.00

Graphical Method of solving L.P.P., bounded and unbounded solutions, Simplex Method: Theory of Simplex Method, M-Charne’s simplex method. Degeneracy in linear programming.

9.00

Two-Phase simplex method, Duality in linear programming. Assignment problem

10.00
Unit IV: 
Transportation Problem

North West Corner rule, Least-Cost method, and Vogel’s approximation method (VAM) to find the starting solution (initial basic feasible solution). Procedure to find the optimal solution using MODI method.

8.00
Unit V: 
Theory of games

Introduction, description and characteristics of game theory, two person zero sum game, solution of pure and mixed strategy problems-principle of dominance. solution of mix game by linear programming method.

Essential Readings: 

1 Taha, H.A. (1998): Operation Research: An Introduction, Prentice Hall of India Ltd

2 Sharma, S.D. (1997): Operation Research, Kedar nath Ramnath and Co. (Publishers)

3 Khandelwal R.S.: Quantitative technique

References: 

1 Garvin, W.W.(1960): Introduction to Linear Programming, McGraw Hill.

2 Rao, S.S.(1984): Optimization Technique and Applications, Wiley Eastern.

Academic Year: