Course Name: Selected Topics in Decision Modeling

Course abstract

Decision Modeling is an important component of Operations Research with optimization at its core. Decision problems are in the focus of academicians and practitioners the world over and are solved everywhere from manufacturing to service organizations, airlines, government and consulting houses. The present course is taught from a practitioner’s angle. Theory is introduced to complement the practice and for ease of understanding. The course is mainly meant for Engineering students. The management students will also benefit from the course. In this course on decision modeling, first 2 weeks are devoted to dynamic programming. Dynamic programming helps to solve complex decision problems with the help of Bellman’s principal of optimality. Next 2 weeks cover integer programming which is again very important in decision making context. Branch and bound, cutting plane, and branch and cut methods are discussed in this section. Next 2 weeks cover nonlinear programming which includes constrained and unconstrained optimization, Karush-Kuhn-Tucker conditions and other topics. The final 2 weeks are devoted to metaheuristics that include genetic algorithm, simulated annealing, tabu search and other algorithms.


Course Instructor

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BiswajitMahanty

Prof. BiswajitMahantyis a professor at the Department of Industrial and Systems Engineering of IIT Kharagpur. He has obtained B.Tech (Hons) degree in Mechanical Engineering and M.Tech and Ph.D. degrees in Industrial Engineering and Management—all from IIT Kharagpur. He has had a rich and varied professional career with six years in industry and more than 27 years in teaching, research, and industrial consulting. His areas of interest are in Operations Research, Systems, Project Management, and Information Systems. He has guided 14 doctoral and more than 100 undergraduate and post-graduate level dissertations. He has also carried out a large number of sponsored research and industrial consulting projects. He has, to his credit, a number of publications in international journals of repute. He is also an author of the book ‘Responsive Supply Chain’ published by the prestigious CRC press. He has developed a 20-hour NPTEL Online course on ‘Decision Modeling’ and a 29-hour NPTEL course on ‘Management Information System’. He has also taught at the School of Management at Asian Institute of Technology, Bangkok as a visiting faculty member.
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 Course Duration : Aug-Sep 2018

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 Syllabus

 Enrollment : 18-Apr-2018 to 06-Aug-2018