TOPIC 1: INTRODUCTION TO QM

ASSALAMU ALAIKUM,
Dear participant, this is the topic 1 that we will cover it fully within the two weeks.
Specifically we are going to cover the following:

  -Introduction of the teaching mode for this semester

- Definitions and terminology of Quantitative Techniques

- Essential features of Operational Research (OR)

-Stage in OR

teachers ppt


Discuss The following questions:
1.Define OR
2. What are the essential features of the OR approach
3. How does OR assist management decision making?
4. What are the stages in an OR study?
5. Give reasons why the results of an OR study may not be implemented

TOPIC 2: STATISTICAL INFERENCE, HYPOTHESIS TESTING

Statistical Inference, Hypothesis Testing

Well come to the blog, I expect more participation and active discussion. Please watch these videos and discuss them in the group, i will provide some questions to evaluate your understanding.

           video1 this        video 2 a       2b                video 3

Chapter two of QM manual; Statistical inference, you can comment with any error, this doc is still under process.
I this topic you should cover the following items:

1.      

2.1      Introduction of statistical inference

2.2      Estimation theory

2.3     Characteristics of good estimator

2.4      Confidence interval

2.5      Z-statistics

2.6    t- Statistics
2.7   Testing hypothesis

Notes for 2.4 up to 2.7
Additional notes

Problems with solutions

Testing hypothesis

TOPIC 3:TRANSPORTATION

ASSALAMU ALAIKUM,

Dear participant, in this topic you suppose to cover the following:

1  Introduction to transportation problems

2  The Transportation Algorithm Developing an Initial Solution: Northwest Corner Rule Stepping-Stone Method: Finding a Least-Cost Solution

3  A General LP Model for Transportation Problems (optimal solution)

4  Unbalanced transportation problems and Maximization transportation problems

Dear participant, please watch this videos as continuation of what we would cover in the class.

For further exercise please  FOLLOW ME TO GET TRANSPORTATION WORKING PROBLEMS

Additional summary notes and

problems

TOPIC 4: ASSIGNMENT PROBLEMS

ASSALAMU ALAIKUM,

Dear participant, In this topic we are going to cover the following subtopic:

4.1 The Hungarian Method 

4.2  Linear Program for Assignment, Unbalanced assignment problems and Maximization assignment problems

video 1

video 2, please do not watch this before watching the video 1

Additional Summary notes  and

Problems

TOPIC 5: DECISION ANALYSIS

ASSALAMU ALAIKUM,
My dear participant, in this topic you are supposed to cover the following subtopic:

5.1. Decision making under uncertainty (Optimistic, Pessimistic, Criterion of Realism (Hurwitz Criterion), equally likely (Lapse), minimax regret).

5.2  Decision making under risk (Expected monetary value, expected value of perfect information, expected opportunity loss, 

5.3  Decision tree analysis (listing alternatives, state of nature, probability value, financial outcome)

NOTES FOR DECISION ANALYSIS

ADDITIONAL NOTES

TOPIC 6: INVENTORY MODEL AND CONTROL

ASSALAMU ALAIKUM,

Dear participant, in this topic you have to cover the following content:

6.1  Importance of inventory control

6.2  Inventory decision

6.3  Economic order Quantity: Determining how much to Order

6.4  Re order point determining when to order

6.5  Quantity discount Model

6.6  Use of safety stock

  link for the notes

  GROUP EXERCISE