Operations research and Operations management - GATE Production & IE Syllabus Section 7

Section 7: Operations research and Operations management

Operation Research: Linear programming – problem formulation, simplex method, duality and sensitivity analysis; transportation and assignment models; network flow models, constrained optimization and Lagrange multipliers; Markovian queuing models; dynamic programming; simulation – manufacturing applications.

Engineering Economy and Costing: Elementary cost accounting and methods of depreciation; break-even analysis, techniques for evaluation of capital investments, financial statements, time-cost trade-off, resource leveling.

Production control: Forecasting techniques – causal and time series models, moving average, exponential smoothing, trend and seasonality; aggregate production planning; master production scheduling; MRP and MRP-II; routing, scheduling and priority dispatching; Push and pull production systems, concept of JIT manufacturing system; Logistics, distribution, and supply chain management; Inventory – functions, costs, classifications, deterministicinventory models, quantity discount; perpetual and periodic inventory control systems.

Project management – PERT and CPM.