- Degree Bachelor
- Code: CB312
- Credit hrs: 3
- Prequisites: BA329
Introduction to the mathematical models -The formulation of linear programming models - Solving of linear programming models using the graphical solution method - The simplex method - The transportation and assignment problems - Decision making under uncertainty, risk aversion, utility - Economic considerations for resource allocation, minimum cost model - Sensitivity analysis - changes in unit costs - changes in resource constraints.
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| content serial | Description |
|---|---|
| 1 | Week No.1: Introduction to the mathematical models. |
| 2 | Week No.2: Formulation of the linear programming models. |
| 3 | Week No.3: Solving LP models using the graphical solution. |
| 4 | Week No.4: Solving LP models using the simplex method. |
| 5 | Week No.5: The transportation problems. |
| 6 | Week No.6: The assignment problems. |
| 7 | Week No.7: Utility and risk aversion - economic aspects. |
| 8 | Week No.8: Utility estimation and decision making based on utility optimization. Economic aspects. |
| 9 | Week No.9: Resource allowance, minimum cost models, maximum output models. |
| 10 | Week No.10: The optimization of resource utilization, and formulation and solving of minimum cost and maximum output models. |
| 11 | Week No.11: Resource allowance, minimum cost models, maximum output models, continued. |
| 12 | Week No.12: Introduction to feasibility studies: Definitions and importance of feasibility analysis. |
| 13 | Week No.13: The optimization of resource utilization, and formulation and solving of minimum cost and maximum output models. |
| 14 | Week No.14: Resource allowance, minimum cost models, maximum output models, continued. |
| 15 | Week No.15: The optimization of resource utilization, and formulation and solving of minimum cost and maximum output models. |
| 16 | Week No.16: Final Exam. |
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