Optimization Techniques

The Maharaja Sayajirao University of Baroda
Vadodara, Gujarat, India

Course Format: Classroom | E-learning | Virtual Class | Online/Live | On-site/In-house | Blended | Self-paced

Course Description:

'' 1. Introduction to Optimization:

Historical Development, concept of optimization, methods of optimization, engineering applications of optimization.

2. Linear Programming:

Convex sets and Linear programming theory, simplex method �Big-M method, Two-phase method, Dual simplex method, revised simplex method, Degeneracy, unbounded solution, Duality in Linear programming, sensitivity analysis, Integer Linear programming, Transportation Algorithm �Production problems, Transshipment problems, Assignment problems.

3. Non-Linear Programming:

One-dimensional minimization methods, unconstrained optimization techniques, constrained optimization techniques, Quadratic programming.

4. Dynamic Programming:

Characteristics of Dynamic programming, Bellman’s principle of optimality, Concepts of dynamic programming, tabular method of solution, calculus method of solution, Applications of Dynamic programming in production and Inventory control.

5. Theory of Games:

Minimax (Maximin) criterion, Minimax theorem, stable game, unstable game, graphical and analytical methods of game theory, solution of (m x n) game by simplex method.

6. Waiting Line Models:

Single channel queuing theory

Multi-channel queuing theory

7. Inventory Control:

Deterministic Inventory models, Probabilistic inventory models, Inventory models with price breaks.

8. Simulation:

Introduction, Monte Carlo method, Operational Gaming method, System simulation method, Advantages and limitations of Simulation techniques, Generation of Random number.

9. Decision Theory:

Decision making under certainty/under uncertainty/under risk, Decision tree analysis, Posterior probabilities and Bayesian analysis, utility theory and decision-making.

10. Replacement Theory:

Introduction, replacement models and their solution, group replacement method.
...''

Elements of this syllabus are subject to change.

Phone:+91-265-2795600

School Address/Venue(s):

The M. S. University of Baroda, Vadodara, Gujarat, India.

Jobs & Resumes: Vadodara
Houses & Roommates: Vadodara

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