Browsing by Author "Rajiv Chooramun - OUM"

Now showing 1 - 4 of 4
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    Critical Path Method and Project Evaluation Review Techniques
    (2023-08) Rajiv Chooramun - OUM
    This resource explores Network Analysis in project management, focusing on Critical Path Method (CPM) and Program Evaluation Review Technique (PERT). It covers activity scheduling, earliest start and latest finish times, float calculation, and critical paths. The techniques enhance planning efficiency, decision-making, and project control through systematic, graphical representations.
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    Inventory Model
    (2023-08) Rajiv Chooramun - OUM
    This resource introduces inventory models in operational research, focusing on optimizing stock levels to balance ordering and carrying costs. It covers deterministic and probabilistic models, including EOQ, price-breaks, and manufacturing scenarios. The goal is to minimize total inventory cost while ensuring efficient production and distribution of goods.
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    Linear Programming Problem Simplex
    (2023-08) Rajiv Chooramun - OUM
    This resource introduces Linear Programming (LP), a mathematical technique for optimizing objective functions under given constraints. It covers LP formulation, feasible and optimal solutions, and real-world applications in Mauritius. Examples demonstrate both maximization and minimization problems, including resource allocation and cost reduction using the Simplex Method.
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    Transportation Problem
    (2023-08) Rajiv Chooramun - OUM
    This resource introduces the Transportation Model in Operational Research, a type of Linear Programming Problem focused on minimizing transportation costs. It explains balanced and unbalanced problems, solution methods (North-West Corner, Least Cost, Vogel’s Approximation), and includes examples demonstrating both cost minimization and profit maximization in real-world logistics.