APPLIED OPERATIONAL RESEARCH FOR MANAGEMENT NOTES 1 ANNA UNIVERSITY CHENNAI UNIT I INTRODUCTION TO LINEAR PROGRAMMING (LP) INTRODUCTION Operations Research (OR) (a term coined by McClosky and Trefthen in 1940) was a technique that evolved during World War II to effectively use the limited military resources and yet achieve the best possible results in military operations. In essence you can state that OR is a technique that helps achieve best (optimum) results under the given set of limited
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Operation Overlord was the code name used for the Allied attack on German-occupied Northern France in the summer of 1944. The organization responsible for planning this task was SHAEF‚ the Supreme Headquarters Allied Expeditionary Force‚ and the officer in command of Overlord was Major General Dwight D. Eisenhower. Command of ground forces was given to General Bernard Montgomery‚ while naval forces would be commanded by Admiral Bertram Ramsay. Air forces were under the control of Air Chief Marshal
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II MB0048 OPERATIONS RESEARCH B1631 4 60 Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. Q.N o 1 Questions Marks Total Marks Discuss the various stages involved in the methodology of Operations Research. Briefly explain the techniques and tools of Operations Research. Operations Research Methodology 10 Techniques and tools of Operations Research 2 Explain
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Question Bank 1) Explain the term Operations Research. 2) Give the characteristics of OR. 3) Explain the phases of OR. 4) Write a note on methodology of OR. 5) Explain applications & scope of OR. 6) What is linear programming problem? Discuss the scope & role of linear programming in solving management problems. 7) Describe the limitations of linear programming in decision-making. 8) What do you understand by a linear programming problem? What are its major requirements
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Productivity in Research A production system involves constant and numerous decisions that greatly impact its performance. The company must need to develop certain methods to help engineers to make the best choices when designing or using production systems. Such systems range from simple machine on a production line to a complete logistic platform with many interacting industrial partners. It entails that optimization is playing a key role for specific elements of these systems. A company must
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Marketing and operations research – a literature survey ¨ Marketing und Operations Research – Eine Literaturubersicht Lutz Hildebrandt1 ‚ Udo Wagner2 1 Institut f¨ur Marketing‚ Humboldt-Universit¨at zu Berlin‚ Spandauer Straße 1‚ 10178 Berlin‚ Germany (e-mail: hildebr@wiwi.hu-berlin.de) 2 Institut f¨ur Betriebswirtschaftslehre‚ Universit¨at Wien‚ Br¨unner Straße 72‚ 1210 Vienna‚ Austria (e-mail: udo.wagner@univie.ac.at) Abstract. Over the last decades the quantitative research based on Operations Research
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Operational research is an interdisciplinary idea that uses thinking and also methods such as mathematical modeling‚ statistics and algorithms to arrive at optimal or near optimal solutions to complex problems in an organization. In an operational research project there are 5 phases‚ namely‚ problem identification‚ formulating problem‚ deriving solution validating model and lastly‚ the implementation of results. The first phase is to identify the problem through the observation of its symptoms
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briefly discuss how to manage many item types when constraints exist that link the lot size decisions across items. J.A. Muckstadt and A. Sapra‚ Principles of Inventory Management: When You Are Down to Four‚ Order More‚ Springer Series in Operations Research and Financial Engineering‚ DOI 10.1007/978-0-387-68948-7_ 2‚ © Springer Science+Business Media‚ LLC 2010 17 18 2 EOQ Model 2.1 Model Development: Economic Order Quantity (EOQ) Model We begin
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1. Introduction An organization’s operations function is concerned with getting things done i.e. producing goods and/or services for customers. Effectively‚ the main objective of the operations function is to produce those goods and services required by customers whilst managing resources as efficiently as possible. 2. RELATINSHIP WITH OTHER ORGANIZATIONAL FUNCTIONS The operations function lies at the heart of any organization and interacts with all the other functions. Although
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Commissioned Paper On the Interface Between Operations and Human Resources Management John Boudreau • Wallace Hopp • John O. McClain • L. Joseph Thomas ILR Human Resource Studies‚ Cornell University‚ Ithaca‚ New York 14853 IEMS Department‚ Northwestern University‚ Evanston‚ Illinois 60208 Johnson School of Management‚ Cornell University‚ Ithaca‚ New York 14853 Johnson School of Management‚ Cornell University‚ Ithaca‚ New York 14853 jwb6@cornell.edu • hopp@northwestern.edu • jom1@cornell.edu
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