operational research
COURSE OUTLINE
Course Name
Operations Research
Prepared On
March-2009
Course Code
QTM-360
Credit Hours
Three
Course Prereq. Name
Basic Statistcs, Statistical Inference, Maths-I & II
Course Prereq. Code
QTM-160, QTM-220, QTM110, QTM-120
Revised On
July - 2014
Course Type
Core Course
Program
BBA
Semester
Fall – 2014
Course Description
The main aims and objectives of this course is to provide growing and applications of mathematical models in real world applications. The most prominent and successful aspect of this course is scientific decision making based on formulating mathematical models for a system analyzing and optimization such models. It is also aims at to impart in-depth and rigorous knowledge to the business students to inculcate academic excellence in various fields of research, planning and development, with special reference to business management. Operations Research or Management Sciences course provides tools and methods to maximize the profit, minimize the cost and cut down the losses also need to approach optimal solution using quantitative techniques.
Course Learning Outcomes
CLO #
Description
1
To understatnd the conversion of feasible solution(s) into optimal solution with the help of quantitative techniques of the business problem such as transpotational cost, assignment model, decision analysis etc.
2
To improve analytical skills by optimal techniques.
3
To learn better decision making skills by defined Operations Research tools and techniques.
4
To meet the real life business problems and resolve it by the possible techiquess scuh as Project Management, Decision criteria, & Linear Programming etc.
Teaching & Learning Methodology
1. Lectures demonstration 2. Handouts 3. Use of Multimedia 4. Group Discussion
5. Mini Case Study, 6. Presentations 7. Internet resource materials 8. Assignments (Small size project)
Textbook(s)
1) “Introduction to Management Science” by
Course Name
Operations Research
Prepared On
March-2009
Course Code
QTM-360
Credit Hours
Three
Course Prereq. Name
Basic Statistcs, Statistical Inference, Maths-I & II
Course Prereq. Code
QTM-160, QTM-220, QTM110, QTM-120
Revised On
July - 2014
Course Type
Core Course
Program
BBA
Semester
Fall – 2014
Course Description
The main aims and objectives of this course is to provide growing and applications of mathematical models in real world applications. The most prominent and successful aspect of this course is scientific decision making based on formulating mathematical models for a system analyzing and optimization such models. It is also aims at to impart in-depth and rigorous knowledge to the business students to inculcate academic excellence in various fields of research, planning and development, with special reference to business management. Operations Research or Management Sciences course provides tools and methods to maximize the profit, minimize the cost and cut down the losses also need to approach optimal solution using quantitative techniques.
Course Learning Outcomes
CLO #
Description
1
To understatnd the conversion of feasible solution(s) into optimal solution with the help of quantitative techniques of the business problem such as transpotational cost, assignment model, decision analysis etc.
2
To improve analytical skills by optimal techniques.
3
To learn better decision making skills by defined Operations Research tools and techniques.
4
To meet the real life business problems and resolve it by the possible techiquess scuh as Project Management, Decision criteria, & Linear Programming etc.
Teaching & Learning Methodology
1. Lectures demonstration 2. Handouts 3. Use of Multimedia 4. Group Discussion
5. Mini Case Study, 6. Presentations 7. Internet resource materials 8. Assignments (Small size project)
Textbook(s)
1) “Introduction to Management Science” by