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There are 6 modules in this course
Master Operational Research techniques to solve complex business problems, optimize resources, and make smarter data-driven decisions. Learn assignment models, transportation methods, CPM, PERT, decision trees, and queuing theory through practical examples.
This course gives you a structured pathway into Operational Research and its real-world applications in management, logistics, project planning, and service operations. You’ll learn how quantitative models help organizations allocate resources, reduce inefficiencies, evaluate alternatives, and improve operational performance.
We’ll explore practical optimization techniques such as the Hungarian Method for assignment problems, Vogel’s Approximation Method and MODI for transportation problems, and network planning tools like Critical Path Method (CPM) and Program Evaluation and Review Technique (PERT). These methods help learners solve scheduling, distribution, and resource planning challenges with confidence.
You’ll also study decision analysis tools including payoff tables and decision trees to evaluate choices under risk and uncertainty. The course further introduces queuing theory models to analyze waiting lines, service rates, system utilization, and customer flow in service environments.
By the end of the course, you’ll be able to apply Operational Research techniques to real business scenarios, optimize decisions, improve efficiency, and support analytical problem-solving across operations, logistics, projects, and management contexts.
This module introduces the fundamental concepts of Operational Research and explains how quantitative methods are used to solve managerial decision problems. Learners explore the structure of assignment problems and understand techniques for solving balanced and unbalanced minimization cases through practical examples.
What's included
9 videos4 assignments
Show info about module content
9 videos•Total 61 minutes
Course Structure of Operational Research•6 minutes
Introduction to Operational Research•3 minutes
Introduction to Assignment Problem•6 minutes
Application and Method of Solving Assignment Problem•10 minutes
Practical Problem of Minimization & Balanced sum Example Setup•7 minutes
Practical Problem of Minimization & Balanced sum Solution Process•7 minutes
Practical Problem of Maximization Sum Example Setup•7 minutes
Practical Problem of Maximization Sum Solution Process•7 minutes
Final Solution of Maximization Sum•8 minutes
4 assignments•Total 60 minutes
Graded - Foundations of Operational Research•30 minutes
Course Overview and OR Fundamentals•10 minutes
Methods for Solving Assignment Problems•10 minutes
Balanced and Unbalanced Assignment Solutions•10 minutes
Advanced Assignment Problem Techniques
Module 2•2 hours to complete
Module details
This module expands assignment problem concepts by introducing maximization scenarios and converting them into solvable minimization models. It also introduces the transportation problem and explains foundational distribution models used to optimize the movement of goods from sources to destinations.
What's included
9 videos4 assignments
Show info about module content
9 videos•Total 71 minutes
Final Solution of Minimization & Balanced Sum & Copy•9 minutes
Practical Problem of Minimization & Unbalanced Sum Example Setup•5 minutes
Practical Problem of Minimization & Unbalanced Sum Solution Process•8 minutes
Introduction to Transportation Problem•6 minutes
Steps and Methods of Transportation Problem•5 minutes
Understanding the Initial Basic Solution Methods•8 minutes
Practical Problem of Least Cost Method•10 minutes
Practical Problem of North West Corner Method•11 minutes
Practical Problem of Vogel’s Approximation Method Example Setup•9 minutes
4 assignments•Total 60 minutes
Graded - Advanced Assignment Problem Techniques•30 minutes
This module focuses on advanced transportation optimization techniques used to improve distribution efficiency. Learners explore Vogel’s Approximation Method and the MODI method to evaluate and refine transportation solutions, followed by an introduction to project network analysis concepts.
What's included
9 videos4 assignments
Show info about module content
9 videos•Total 61 minutes
Practical Problem of Vogel’s Approximation Method Solution Process•4 minutes
Another sum of Vogel&s Approximation Method•7 minutes
Understanding the application of MODI Method•5 minutes
Practical Sum of Optimality Test Example Setup•8 minutes
Practical Sum of Optimality Test Solution Process•5 minutes
Final Solution of Optimality Test•10 minutes
Introduction to Project Network Analysis•10 minutes
Components of Project Network Activity Relationships•7 minutes
Components of Project Network Network Construction•6 minutes
Vogel’s Approximation Method in Practice•10 minutes
Optimality Testing Techniques•10 minutes
Introduction to Project Network Analysis•10 minutes
Project Scheduling and Network Planning
Module 4•2 hours to complete
Module details
This module introduces project management optimization techniques using network models. Learners examine Critical Path Method (CPM) and Program Evaluation and Review Technique (PERT) to schedule projects, estimate activity durations, and analyze project completion timelines under uncertainty.
What's included
9 videos4 assignments
Show info about module content
9 videos•Total 71 minutes
Learning of Critical Path Analysis•11 minutes
Practical Sum of CPM Example Setup•7 minutes
Practical Sum of CPM Solution Process•7 minutes
Final Solution of CPM•11 minutes
Learning of Program Evaluation and Review Technique•5 minutes
Practical Sum of PERT Example Setup•6 minutes
Practical Sum of PERT Solution Process•8 minutes
Final Solution of PERT•11 minutes
Introduction to Decision Theory•6 minutes
4 assignments•Total 60 minutes
Graded - Project Scheduling and Network Planning•30 minutes
Critical Path Method Fundamentals•10 minutes
Solving CPM Problems•10 minutes
Introduction to PERT•10 minutes
Decision Analysis Techniques
Module 5•2 hours to complete
Module details
This module introduces decision-making frameworks used in Operational Research. Learners explore decision theory, payoff tables, and decision trees to evaluate alternatives and determine optimal strategies under conditions of risk and uncertainty.
What's included
9 videos4 assignments
Show info about module content
9 videos•Total 72 minutes
Understanding the practical problem of decision theory•9 minutes
Practical Sum of Decision Theory•12 minutes
Understanding of Decision Tree Concept Explanation•8 minutes
Understanding of Decision Tree Example Analysis•6 minutes
Practical Sum of Decision Tree Example Setup•7 minutes
Practical Sum of Decision Tree Solution Process•6 minutes
Learning about Queuing Theory•10 minutes
Characteristics of Queuing Theory Basic Concepts•7 minutes
Characteristics of Queuing Theory Queue Components•6 minutes
4 assignments•Total 60 minutes
Graded - Decision Analysis Techniques•30 minutes
Decision Theory Fundamentals•10 minutes
Decision Tree Analysis•10 minutes
Introduction to Queuing Systems•10 minutes
Queuing Theory Models
Module 6•2 hours to complete
Module details
This module explores service system optimization using queuing theory models. Learners study single-server and multi-server queue systems to analyze customer arrival patterns, service rates, waiting times, and system utilization for improved service efficiency.
What's included
7 videos3 assignments
Show info about module content
7 videos•Total 42 minutes
Practical Sum of Single Server Model•9 minutes
Final Solution of Single Server Model Calculation Steps•6 minutes
Final Solution of Single Server Model Final Results•5 minutes
Practical Sum of Multiple Server Model Example Setup•6 minutes
Practical Sum of Multiple Server Model Solution Process•4 minutes
Final Solution of Multiple Server Model Calculation Steps•5 minutes
Final Solution of Multiple Server Model Final Results•7 minutes
3 assignments•Total 50 minutes
Graded - Queuing Theory Models•30 minutes
Single Server Queue Models•10 minutes
Multiple Server Queue Models•10 minutes
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