Industrial Engineering - Operations Research

About the Course:

Being one of the most prominent subjects in the mechanical/manufacturing/industrial engineering curriculum, this subject has a lot of weight in every aspect. Be it for academic proficiency, acing competitive exams or cracking that tough interview, OR (Operations Research) plays a very significant role.

In professional front, The field of operations research provides a more powerful approach to decision making than ordinary software and data analytics tools. Employing operations research, professionals can help companies achieve more complete datasets, consider all available options, predict all possible outcomes and estimate risk. . Additionally, operations research can be tailored to specific business processes or use cases to determine which techniques are most appropriate to solve the problem.

The ultimate aim of all the tools & practices involved in OR is to "Optimize". In this course we are going to get the knowledge of various tools & practices of operations research with an ultimate aim to optimize problems & increase productivity. The course is divided into several sections, Linear Programming Problems, Transportation problems, Assignment problems, Sequencing, queuing theory & lastly PERT & CPM.

The bottom line of this course is to teach you the academic aspects of operations research while keeping in mind the practical application to a greater extent. By taking this course, you are not only increasing your knowledge in academic front but also gaining insights about optimization at industry level.

Course Objectives:

• Linear Programming Problem LPP - Graphical method, Slope method, Simplex method
• Transportation Problem - North-West Corner rule or DENTZY's method, Vogel's approximation method (VAM)
• Assignment Problem - Hungarian method or Flood technique
• Sequencing - Shortest Processing Time (SPT) Rule, Earliest Due Date (EDD), n jobs in 2 machines
• Queuing Theory - Mathematical study of queues, Kendall Notation
• Network Analysis - Critical Path Method (CPM), Program Evaluation Review Technique (PERT)

Who is the Target Audience?

• Mechanical engineering graduates & undergraduates.
• Industrial or manufacturing engineering graduates & undergraduates.
• Professionals working in industry who want to optimize something.
• University students having OR (Operations Research) as their subject.
• Aspirants preparing for post engineering competitive examination.

Basic Knowledge:

• No experience is needed. Just a sound background of mathematics.