
Explore operation research fundamentals across assignment problems, Hungarian method, unbalanced transportation, northwest method, Vogel approximation method in part one, with practical, student-friendly teaching and daily video updates.
Apply the Hungarian method to solve assignment problems by balancing the matrix and minimizing cost or time, optimally pairing workers with activities.
Explore the Hungarian method for minimization in assignment problems, including row and column reductions, optimality tests with minimum-line cover, and modification steps to reach a valid, minimal-cost assignment.
Learn to solve assignment problems with the Hungarian method to minimize processing costs. Apply row and column reductions, test optimality, and assign four jobs to four machines with cost 99.
Learn how to convert an unbalanced assignment problem into a balanced matrix by adding a dummy row or column, using zeros for dummy entries, before applying the Hungarian method.
Explore assignment problems and solve them with the Hungarian method, including row and column reductions, balancing a square matrix, and finding minimum-cost, optimal job assignments.
Learn the assignment problem using the Hungarian method, balancing unbalanced matrices with dummy rows or columns, and converting maximize to minimize through row and column reduction and optimality tests.
Explore assignment problems in operation research, including unbalanced and prohibited assignments, using the Hungarian method to convert maximization to minimization, with infinity handling and practical examples.
Explore operation research with practical examples through live and recorded sessions, covering linear programming, transportation problems, game theory, CPM, network diagrams, and queueing theory.
Learn to model transportation problems in operation research by using cost matrices, balancing supply and demand, and applying northwest corner, least cost, and Vogel approximation methods.
Learn to solve unbalanced transportation problems using northwest corner, least cost, and Vogel approximation method, balancing demand and supply with dummy rows or columns to minimize cost.
Learn to solve transportation problems with basic feasible solutions using northwest corner, least-cost, and Vogel approximation method, including balancing, dummy rows or columns, and profit optimization.
Explore solving transportation problems using northwest corner, least cost, and Modi methods to obtain initial feasible solutions, check feasibility, and minimize total transportation cost.
Learn linear programming with a graphical method to maximize or minimize an objective function, under constraints and non-negativity, identifying the feasible region in the first quadrant for x and y.
Learn to solve linear programming problems graphically, identify the feasible region in the first quadrant, find corner points via simultaneous equations, and maximize or minimize the objective function.
Learn to set up linear programming problems, maximize or minimize the objective under non-negativity and constraints, graph the feasible region in the first quadrant, and solve for corner points.
Learn to model a linear programming problem with constraints and non-negativity, graph the feasible region, identify corner points, and determine the minimum or maximum of the objective function.
Explore the graphical method for linear programming, determine feasible regions from multiple constraints, locate corner points at line intersections, and identify the minimum of the objective function.
Learn to formulate linear programming problems, identify the feasible region in the positive first quadrant, determine corner points, and maximize the objective function using practical examples.
Formulate linear programming problems by defining variables, an objective function, and constraints with non-negativity and signs such as less than or equal to or greater than or equal to.
Learn to formulate linear programming problems for two plants Solan and Mohan Nagar with multiple drinks, applying demand, capacity, and non-negativity constraints to minimize cost or maximize revenue.
Learn to formulate and solve two-variable linear programming problems using graphing, with objectives like minimizing costs or maximizing profits under constraints such as capacity, demand, and non-negativity.
Learn how to use the simplex method to solve linear programming problems, set up objective functions and constraints with slack variables, and perform tableau iterations to reach the optimal solution.
Apply the simplex method to maximize z = 12 x1 + 16 x2 under non-negativity and linear constraints. Follow iterative tableaux and basic variable updates to reach the optimal solution.
Learn to make informed decisions using decision theory under risk and uncertainty, applying EMV and criteria such as maximin, minimax, Laplace, Hurwicz, and regret to payoff matrices and perfect information.
Explore decision theory under risk and uncertainty by comparing EMV, Laplace, Hurwicz alpha, and minimax regret to select optimal strategies in business and agriculture scenarios.
Explore game theory fundamentals, including pure and mixed games, two-player matrices, and strategy concepts; learn saddle point, minimax, row minima, column maxima, and basic mixed strategies with probabilities.
Explore game theory fundamentals, including the principle of dominance, saddle points, and pure versus mixed strategies, and learn to solve two by two games using row and column analysis.
Explore Monte Carlo simulation to forecast daily bakery demand from past data, using random numbers and probability tables to estimate future outcomes and averages.
Explore sequencing and assignment problems using the Hungarian method on two machines, A and B, to minimize total elapsed time and idle time while identifying the optimal job order.
Learn sequencing of multiple jobs on three machines using left-to-right and right-to-left rules to minimize total elapsed time and idle time, with multiple optimum solutions and Hungarian method concepts.
Explore sequencing with multiple machines, using left-to-right and right-to-left methods to calculate in-out timing, idle times, and total elapsed time, including matrix sequencing and virtual machines.
Learn to use Markov chain simulation with a brand-switching matrix to forecast future market shares, compute state probabilities after k periods, and analyze steady-state equilibrium.
In this Course, I will be covering entire Quantitative Techniques | Decision Science | Operation Research | Optimization Techniques. The topics which I am going to cover in this course are
1) Assignment Problems 2) Transportation Problems 3) Decision Theory 4) Game Theory 5) Queuing Theory 6) Linear Programming Problems (LPP) 7) Sequencing 8) Critical Path Method (CPM) 9) Project Evaluation & Review Technique (PERT) 10) Probability 11) Probability Distribution 12) Simulation 13) Markov Chain
Above topics cover "Hungarian Method, North-West Corner Method, Matrix Minima Method, Vogal Approximation Method, Monte Carlo Simulation Technique, Network Diagram, MODI Method, Stepping Stone Method, Principal of Dominance, Laplace Criteria, Maxmin Criteria, Minmax Criteria, Maxmax criteria, Hurwicz Alpha Criteria, Regret Criteria, Conditional Probability, Simple Probability, Binomial Distribution, Poissions Distribution, Normal Distribution, Least Cost Method, Solution of LPP, Formulation of LPP, Saddle Point Method etc"
This course is beneficial for MBA, BBA, MCA, BCA, CA, CMA, BTech, BE, BCom, Diploma Engineering etc streams. This course is also applicable for learning decision making skills in day to day life business activities.
This course will help in understanding the best techniques for finding optimum utilization of resources, optimum transportation schedule, optimum resource assignment schedule, optimum forecasting, optimum scheduling techniques, optimum sequencing schedule etc.
No any software required for this learning this course. Only the mindset of learning is required.