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Session 1
Session 1
Amit Vatsa
Introduction to Quantitative Decision Making
About me
Teaching at IIM Indore (core courses)
• PGP: IQDM
• IPM: Linear programming, Introduction to Algorithms
• FPM: Optimization
Hobbies
• Tennis, Swimming
• Problem solving
Academic background
• B.Tech, Chemical engineering, IIT Kharagpur (2005)
• PGDM, IIM Lucknow (2010)
• Doctorate, IIM Ahmedabad (2015)
Industry experience
• Functional architect in a software product company (JDA software)
• Process design engineer in Oil and Gas (Engineers India Ltd.)
Evaluation
Class Participation 10 %
Quizzes (2) 50 %
End-term examination 40 %
Total 100 %
Course Introduction
• Credits: 3
• Content
– Linear Programming
– Applications of Linear programming
– ILP/MILP
– Decision trees
• Textbook:
– Anderson, Sweeney and Williams. Introduction to Management Science: Quantitative
Approaches to Decision Making.
• For Advanced reading
– Taha H.A., “Operations Research: An Introduction”, 10th Edition. Pearson Education
India.
– Bazaraa, M. S., Jarvis, J. J., & Sherali, H. D. (2011). “Linear programming and
network flows”, 4th Edition, John Wiley & Sons.
Applications of LP
• Linear Programming is the most widely used O.R.
Model
Production and Manpower planning
Distribution/Logistics Planning
Investment Planning
Telecommunications Network Planning
Airline Flight and Crew Scheduling
Many others