Syllabus: Correlation, Simple linear regression, Least squares procedure, Gauss Markov theorem, Confidence bands, Analysis of variance, Multiple linear regression, Lack of fit, Comparisons of regressions. Decomposition of a time series, Moving averages, Forecasting, Autocorrelation, Tests of randomness, Stationary series, Probability models.

Evaluation Criteria: 30% for the assignments 70% for the theory paper

Dependencies: None

Syllabus: Introduction, purpose of modeling and types of modeling, Linear programming models, model building, different algorithms, graphical, simplex, two-phase simplex, big M, different types of solutions, Duality theorems, shadow prices, sensitivity analysis. Transporation models and their solutions. Integer programming, formulation of integer programming, algorithms cutting plane method, branch and bound method. Project planning and control, PERT algorithm.Inventory control models, Basic deterministic models, basic probabilistic models. Queuing system, Arrival patterns, service mechanism, queue configuration, queue discipline, classification of modules.

Syllabus: Principles of Management, Functions of a Manager, planning and control, Decision. Organizational Behaviour, Characteristics of Organizations, Motivation, Leadership. Functional Areas and Managerial Economics, Financial Management. Marketing, Production, Procurement. Methods and the Measurement of work, inventory control, case Analysis.

Evaluation Criteria: 30% for the assignments 70% for the written paper