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Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video and Text Based |
Courses and Certificate Fees
| Fees Informations | Certificate Availability | Certificate Providing Authority |
|---|---|---|
| INR 1000 | yes | IIT Roorkee |
The Syllabus
- Introduction to Decision Making with Spreadsheet
- Profit
- Cost, and Revenue Models
- Breakeven Analysis
- Formulation and assumptions of Linear Programing Problems
- Graphical
- Solution Method of solving Linear Programming Problems
- Solving Linear Programming
- Problems using MS Excel Solver
- Special Cases of Linear Programming Problems: Alternate
- optimal solution
- unbounded problems
- Infeasibility.
- Sensitivity Analysis
- Range of optimality
- Dual value
- Limitations of classical sensitivity
- analysis
- Linear Programming Applications: Marketing (Media selection, Marketing Research)
- Linear Programming Applications: Finance (Portfolio Management)
- Linear Programming Applications: Operations (Production Scheduling, A Make-or-Buy
- Decision)
- Linear Programming Applications: workforce allocation
- Advanced Linear
- Programming Applications: Data Envelopment Analysis, Game Theory, Game Theory- B’s
- perspective Dominance rule
- Advanced Linear Programming Applications: Finance - Portfolio Models and Asset
- Allocation for conservative and moderate risk-taking investor Introduction to Revenue management
- Linear Programming Problem for Revenue Management
- Distribution and Network Models: Transportation Problem and Transhipment Problem
- Assignment Problem
- Shortest Path Problem
- Maximum flow problem
- Production and Inventory problem
- Non-Linear Optimization Models: Markowitz Portfolio Model and its variants Forecasting adoption of a new product- Bass Forecasting Model
- Application of Non-linear Programming for Pricing Project Scheduling: PERT/CPM, Earliest Starting and Earliest Finishing times of activities Forward Pass, Latest Starting and Latest Finishing times of activities, Backward Pass, Slack.
- Project Scheduling for uncertain activities
- Expected duration of an activity
- Variance of an activity
- Finding the probability of a path meeting the deadline
- Time–Cost trade-offs
- Crashing Activity Times
- Linear Programming Model for Crashing
- Inventory Models: Economic
- Order Quantity (EOQ) Model
- Non-Linear Programming for finding EOQ
- Reorder point
- Inventory Model with Planned Shortages
- Quantity Discounts for the EOQ Model
- Single-period Inventory Model with
- Probabilistic Demand
- Multi-Period Order-Quantity
- Reorder Point Model with Probabilistic
- Demand
- Periodic Review Model (P-type) with Probabilistic Demand
- Financial risks associated
- with the development of a new product: Simulation
- Risk Analysis
- Waiting Line Models Structure of a waiting line System
- Single-Server waiting line model with Poisson Arrivals
- Multiple-Server waiting line model with Poisson Arrivals
- waiting line models
- Simulation: Risk Analysis: What-if analysis, Inventory simulation, Waiting Line simulation, Simulation with two Quality Inspectors, other simulation issues.
- Decision Analysis: Formulation, Decision Making without Probabilities, Decision Making with Probabilities, Risk and Sensitivity Analysis, Computing Branch Probabilities with Baye’s Theorem, Utility Theory
- Multi criteria Decisions
- Time Series Analysis and Forecasting Time Series Patterns
- Moving Averages and Exponential Smoothing
- Linear Trend Projection
- Seasonality
- Conclusion
Instructors
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4 Apr'23, 11:39 AM
27 Mar'23, 07:53 AM
22 Mar'23, 12:57 PM
22 Mar'23, 11:00 AM
4 Sep'23, 08:41 AM
4 Sep'23, 08:08 AM
4 Sep'23, 07:39 AM
4 Sep'23, 06:46 AM
4 Sep'23, 06:14 AM
1 Sep'23, 12:27 PM
1 Sep'23, 12:02 PM
1 Sep'23, 11:26 AM
1 Sep'23, 09:57 AM
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