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Course Detail

Course Name Queuing Theory and Inventory Control
Course Code 24MAT550
Program Integrated M. Sc. Mathematics and Computing
Credits 3
Campus Coimbatore

Syllabus

Inventory concept – Components of Inventory model.

Deterministic Continuous Review model – Deterministic Periodic Review model. The classical EOQ – Non zero lead time – EOQ with and without shortages.

Deterministic Multiechelon Inventory models for supply chain management.

A stochastic continuous review model – A stochastic single period model for perishable products.

Text Books / References

  1. F S Hillier and Gerald J Lieberman, Introduction to Operations research, 8th edition, McGraw Hill.
  2. Ravindran , Phillips and Solberg, Operations research Principles and Practice, 2nd Edition, John Wiley & Sons.

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