Applied Operations Research for Management PTU

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MBA Applied Operations Research

Unit I
Introduction to OR: Managerial Decision Making and OR.
OR Models: Principles and Types.
Linear Programming: Problem Formulation, Graphical & Simplex Method, Duality,
and Sensitivity Analysis

Unit II
Transportation Models, Trans-shipment Problem, Travelling Salesman Problem,
Assignment Models.
Replacement Models: Group Replacement, Individual Replacement
Queuing Theory: Models (M/M/1): (FcFs/¥); (M/M/1) : (FcFs/N)

Unit III
Inventory control (deterministic Models only) Price Break Inventory Model
Dynamic Programming. Principles of Optimality, Recurrence Relation
Game Theory. Zero Sum Two Person Game, Saddle Point, Graphical Method,
Approximation Method, Pure Mixed Strategy, Dominance

Unit IV
PERT-CPM: Uncertainty of PERT, Early Start, Early Finish, Late Start Late Finish and
Float, Crashing of activity in CPM, Resource Leveling.
Decision Making: Decision making environment, decision under uncertainty, decision
under risk, decision tree analysis.
PTU MBA AOR detailed syllabus
Unit I
Definition, nature, purpose and scope of management. Functions of a manager, an
overview of planning, organizing and controlling. Is managing a science or art? Ethics
in managing and social responsibility of managers.
Evolution of management thought. Contributions of Taylor, Gantt, Gilbreth, Fayol,
Weber, Elton Mayo, Chester Bernard, Maslow, Herzberg, Likert and McGergor.
Management Science, Operations Research/Mathematical School/ Decision Theory
approach. Systems Approach: Key concepts in systems Closed system vs. open
system. Subsystems, System Boundary. McKinsey's 7-S Approach.
Unit II
Planning: Types of plans, steps in planning, and process of planning. Nature of
objectives, setting objectives. Concept and process of Managing by Objectives.
Nature and purpose of strategies and policies. Strategic planning process. SWOT
analysis, Portfolio matrix, premising and forecasting.
Decision-Making: Importance and steps in Decision Making; Traditional approaches to
decision-making; Decision making under certainty - programmed decisions;
Introduction to decision-making under uncertainty, non- programmed decisions;
decision tree; group-aided decisions; Brain storming; Creativity - creative problem
solving.
Unit III
Organizing: Concept of organization, process of organizing, bases of
departmentation, Authority & power - concept & distinction.
Line & Staff concept; problems of use of staff & ways to avoid line-staff conflict
Delegation - concept of delegation; elements of delegation - authority, responsibility,
accountability. Reasons for failure of delegation & how to make delegation effective.
Decentralization - concept, reasons for decentralization and types (or methods) of
decentralization. Span of Management - concept, early ideas on span of
management, factors determining effective span-situational approach.
Coordination- Concept and importance of coordination; factors which make
coordination difficult; techniques or methods to ensure effective coordination.
Unit IV
Control: Concept, planning-control relationship, process of control -setting
objectives, establishing standards, measuring performance, correcting deviations.
Human response to control. Dimensions or Types of Control -(a) Feed forward
control (b) Concurrent Control (Real Time Information & Control), (c) Feedback
Control v) Techniques of Control - Brief review of Traditional Techniques & Modern
Techniques of Control.
Comparative study: Comparative study of main features of Japanese Management
and Z-culture of American Companies.
Recommended Text Books
Sr Author Books Publisher
1 Harold Koontz & Heinz
Weihrich
Essentials of
Management
Tata McGraw Hill
2 Stoner, Freeman, Gilbert Jr. Management Prentice Hall
3 Bhatt & Kumar Principles of
Management
Oxford Publications
4 Daft The New Era of
Management
Thomson
Learning
Reference Books
Sr Author Books Publisher
1 Heinz Weihrich & Harold
Koontz
Management (A
Global Perspective)
Tata McGraw Hill
2 Kreitner Management AITBS
3 Stephen Robbins & Coulter
Mary
Management Prentice Hall
India
4. Richy W.Griffin Management AITBS
5 Terry & Franklin Fundamentals of
Management
Pear son
Education Asia
6 Robins Principles of
Management
AITBS
7 Tripathi History of Indian
Business
Oxford
Publications
UNIT-I
Organizational Behavior: What managers do, Definition of OB,
contributing disciplines to OB, challenges and opportunities for OB.
Foundations of Individual behavior- biographical characteristics,
ability, and learning.
Values, Attitudes
Personality and Emotions
Perception
UNIT-II
Motivation: Concept, Theories of Maslow , Herzberg, McClelland,
Porter & Lawler Model, Application of Motivation Concept.
Job Satisfaction
Foundations of Group Behavior: Group formation, development and
structure,
Group Processes, Group Decision- making Techniques, Work Teams.
UNIT-III
Interpersonal Skill- Transactional analysis, Life Positions, Johari
Window.
Leadership: Concept, theories styles and their application.
Power and Politics in Organization
UNIT-IV
Conflict Management, Stress Management, Crisis Management
Organizational Change & Development, Innovation, Creating a
learning
Organization
Organizational Culture
Organizational Effectiveness.
Recommended Text Books
Sr. Author Title Publisher
1. Robbins Organization Behaviour Pearson Educationa Asia
2. Luthans Organization Behaviour Tata McGraw Hill
3. Udai Pareek Understanding Origination Oxford Publishing House
Reference Books
Sr. Author Title Publisher
1. Hersey, Management of Organizational Prentice Hall India
Blanachard Behaviour
& Johnson
2. Newstrom Organizational Behaviour: Human Tata McGraw Hill
& Davis Behaviour at Work
3. Rallinson, OB & Analysis Addison Wasley
Broadfield
& Edwards
4. Aswathappa Organization Behaviour Himalaya
Unit I
Accounting as an information system, concepts, convention and principles of
accounting, Role of accountant in an organization. Branches of accounting: Financial, Cost
and Management Accounting and their inter-relationships.
Financial, Cost and Management Accounting, Revenue recognition, Preparation of
Journal, Subsidiary books, Ledger, Trial Balance and Final Accounts of a sole trader and a
partnership firm (with simple adjustments). Depreciation Accounting: Fixed installment
and reducing balance methods.
Unit II
Financial Analysis-Concepts and objectives, Tools of Financial Analysis: trend analysis,
common size statements, comparative statements, Introduction to ratio analysis, fund
flow and cash flow statements (with additional information).
Unit III
Cost Accounting-Meaning, Scope and Classification of costs, Absorption costing,
marginal costing.
Methods of valuing material issues.
Introduction to Break Even Analysis, Use of Cost-data in managerial Decision-making
with special reference to pricing and make or buy decisions.
Introduction to Standard Costing including Variance Analysis – materials and labour
variances.
Cost Control Techniques-Preparation of budgets and their control, Zero base budgeting.
Standard costing and Variance analysis, Responsibility accounting.
Unit IV
Introduction to recent developments in cost management: Introduction to concept of Price
Level Accounting, Human Resource Accounting, Target Costing, Kaizen costing Activity
based costing, Life Cycle Costing.
Introduction to Tally Software Package in Accounting – Creating Companies, journal
entries and ledger accounts.
Recommended Text Books
S.No Author Title Publisher
1 Pandey Management Accounting Vikas Publishing House
2 Maheshwari Financial Accounting Vikas Publishing House
Reference Books
S.No Author Title Publisher
1. Horngren, Sundem Introduction to Management Prentice Hall India
& Stratton Accounting
2. R.K, Lele, Jawahar Accounting Theory Himalaya
Lal Publishing House
3. L.S. Porwaa Accounting Theory Tata McGraw Hill
4. A.K.Vashisht, J.S Management Accounting Unistar Books
Pasricha Pvt.Ltd.
5. S.P.Jain, K.L. Cost Accounting Principles Kalyani Publishers
Narang & Practices
6. Bhattacharyya, Costing for Management Vikas Publishing
JohnDearden House
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