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Subject Syllabus

ME-703 (A) - Operation Research & Supply Chain

ME · Semester 7

Course Modules

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solution of LP for two variables Simplex method, special cases of LP- transportation and assignment model and their graphical solution Vogels Approximation Method (VAM) or penalty method, cell evaluation degeneracy, basics of SW Lindo Tora Excell.

integrationof inbound, outbound logistics and manufacturing to SCM, flow of material money and information,difficulties in SCM due to local v/s system wide (global) optimization and uncertainties in demand andtransportation Bull-whip effect customer value IT, info-sharing and strategic partnerships plant andwarehouse-network configuration supply contracts and revenue sharing outsourcing transportation,cross docking and distribution, forecasting models in SCM; coordination and leadership issues changeof purchasing role and vendor rating, variability from multiple suppliers.

inventory and cycle time JIT/ Lean Mfg basics of inventory models with deterministic demand Classical EOQ Model ABC, VED and other analysis based on shelf life, movement, size MRP technique and calculations, lot sizing in MRP, linking MRP with JIT; evolution of MRP to ERP to SCM and e-business.

discipline, single server (M/M/1), average length and average time calculations, optimum service rate basic multipleserver models (M/M/s) (b) Competitive strategy: concept and terminology, assumptions, pure and mixed strategies, two- person zero sumgames, saddle point, dominance, graphical, algebraic and LP methods for solving game theory problems.

Network Techniques and its role in project management Network logics Fulkerson's Law Merits and Demerits of AON Diagrams Programme Evaluation and Review Technique (PERT)Critical Path Method (CPM)Determination of critical path Float/Slack.(b) Meta-heuristics: Definition of heuristic and meta-heuristic algorithms introduction to Tabu search,Simulated Annealing and Genetic algorithms and solution of traveling salesman, non linearoptimization problems.