Production Optimization Techniques (3152008)   Old Code : 2172004

3
Credit
2 + 0 + 2
Lect + Tuto + Pract
Teaching Scheme
70 + 30 + 0
ESE + PA + ALA
Theory Marks
30 + 0 + 20
ESE + OEP + PA
Practical Marks
ESE - End Semester Examination, PA - Progress Assessment, ALA - Active Learning Assignments, OEP -Open Ended Problem


Prerequisite
Zeal to learn the subject
Rationale
This subject is a robust tool and offers directions in making the best decisions possible given the data available. It may provide the executive with an analytical and quantitative basis to identify the problem area. The most frequently adopted applications in this category deal with production scheduling and decision making.
Course Outcome
Sr. Co Statement Marks % weightage
CO-1 Identify and develop models for optimizing the management and production systems from the verbal description of the real system. 35
CO-2 Facilitate quantitative solutions in business decision making under conditions of certainty, risk and uncertainty. 25
CO-3 Acquaint him / her with applications of optimization techniques to solve manufacturing and other industry related problems. 20
CO-4 Expose him / her to the significance of various scientific tools and models that are available in the subject to take decisions in a complex environment. 20

Active Learning
The website of NPTEL may be utilized for additional learning.