dibyojyoti
New member
hey please can anyone provide me links to study material or ebooks on qt covering -
1.Decision Theory
• Decision making parameters: Decision alternatives, states of nature and their probabilities, pay-offs / conditional
profits.
• Decision Environments: Under Certainty, under uncertainty and under risk.
• Criteria for decision making under various decision environments – Expected Monetary Value (EMV) and
Calculation thereof
• Decision Tree and its use for multistage decision problems by structuring the decision process in proper
sequence.
2. Game Theory
• Two person zero-sum games and strategies of players / competitors
• Structuring of Game Matrix – representing the game strategies.
• Pure Strategies and Saddle Point
• Mixed Strategies and solutions for value of game.
• Solutions of Game by using Dominance Theory and LPP.
• Application of Game Theory in various Business Problems.
3. Specially Structured Linear Programs – Transportation And Assignment Models
• Transportation Problems:
Basic Initial Feasible Solutions for Transportation Problems using -
i) Least Cell Method (LCM)
ii) North West Corner Method (NWCM)
iii) Vogel’s Approximation Method (VAM)
Optimum Solutions using –
i) Stepping Stone Method
ii) Modified Distribution Method (MODI Method)
Solutions of Transportation problems under special cases of degeneracy, inequality in demand and supply
situations.
• Assignment Method:
Hungarian Method based on Job Opportunity costs
Application of Assignment models in Airline Crew assignment and Traveling Problems.
4. PERT (Program Evaluation & Review Technique) And CPM – Network Methods
• Fundamental Concepts of Network Methods.
• Rules for Constructing Network diagrams.
• Monitoring and Control of time & cost of project using – Critical Path and Float of activities (Total Float,
Free Float, Independent Float)
• Estimation of Time of Completion / duration of Project
• Estimation of Probability of Completion of Project in schedule time by variance analysis.
• Mid-course correction and crashing of duration of activities and arresting delays.
• Optimal Time-Cost Trade off Analysis through crashing.
• Resource and Manpower allocation and leveling to match the required schedules of project
its an emergency
1.Decision Theory
• Decision making parameters: Decision alternatives, states of nature and their probabilities, pay-offs / conditional
profits.
• Decision Environments: Under Certainty, under uncertainty and under risk.
• Criteria for decision making under various decision environments – Expected Monetary Value (EMV) and
Calculation thereof
• Decision Tree and its use for multistage decision problems by structuring the decision process in proper
sequence.
2. Game Theory
• Two person zero-sum games and strategies of players / competitors
• Structuring of Game Matrix – representing the game strategies.
• Pure Strategies and Saddle Point
• Mixed Strategies and solutions for value of game.
• Solutions of Game by using Dominance Theory and LPP.
• Application of Game Theory in various Business Problems.
3. Specially Structured Linear Programs – Transportation And Assignment Models
• Transportation Problems:
Basic Initial Feasible Solutions for Transportation Problems using -
i) Least Cell Method (LCM)
ii) North West Corner Method (NWCM)
iii) Vogel’s Approximation Method (VAM)
Optimum Solutions using –
i) Stepping Stone Method
ii) Modified Distribution Method (MODI Method)
Solutions of Transportation problems under special cases of degeneracy, inequality in demand and supply
situations.
• Assignment Method:
Hungarian Method based on Job Opportunity costs
Application of Assignment models in Airline Crew assignment and Traveling Problems.
4. PERT (Program Evaluation & Review Technique) And CPM – Network Methods
• Fundamental Concepts of Network Methods.
• Rules for Constructing Network diagrams.
• Monitoring and Control of time & cost of project using – Critical Path and Float of activities (Total Float,
Free Float, Independent Float)
• Estimation of Time of Completion / duration of Project
• Estimation of Probability of Completion of Project in schedule time by variance analysis.
• Mid-course correction and crashing of duration of activities and arresting delays.
• Optimal Time-Cost Trade off Analysis through crashing.
• Resource and Manpower allocation and leveling to match the required schedules of project
its an emergency
