1 1 Slide © 2005 Thomson/South-Western MANAGMENT SCIENCE n Chapter 1: Introduction Problem solving and decision making; quantitative analysis and decision making model of cost revenue, and profit, management science techniques. n Chapter 2 : An Introduction to Linear Programming A simple maximization problem, Graphical solution procedure, extreme points and the optimal solution, A simple minimization problem n Chapter 3: Linear Programming (LP): sensitivity analysis Introduction to sensitivity analysis, graphical sensitivity analysis

2 2 Slide © 2005 Thomson/South-Western MANAGMENT SCIENCE n Chapter 4: Linear Programming Applications n Applications of LP: media selection, marketing research, portfolio selection n Chapter 5: Linear programming : The Simplex method Algebraic overview of the Simplex method, basic feasible solution, tableau form, setting up the initial simplex tableau. Algebraic overview of the Simplex method, basic feasible solution, tableau form, setting up the initial simplex tableau. n Chapter 6: Transportation and Assignment Transportation problem: A network model and LP Formulation, Assignment problem: A network model and LP formulation

3 3 Slide © 2005 Thomson/South-Western MANAGMENT SCIENCE n Chapter 7: Project Scheduling (PERT/CPM) Concept of CPT; PERT/CPM procedure. n Chapter 8: Inventory Models Economic order quantity model, Economic production lot size model, Inventory model with planned shortages n Chapter 9:Waiting Line Models Structure of a waiting line system; single channel waiting line model with Poisson arrivals and exponential service times n Chapter 10:Decision analysis Problem formulation, Decision making without probabilities, Decision making with probabilities