S.No.

Topic

Domain

Hours as per UGC

1

• Inventory Control:introduction of inventory, factors affecting inventory, Inventory models

Must know

10

• Deterministic models: Economic order quantity model when shortages are allowed/not allowed

• Price discounts model

• Multi-item inventory models

2

• Queuing Theory: Basic characteristics of queuing system

must know

15

• Birth-death equations

• Steady state solution of Markovian queuing models with single and multiple servers(M/M/1) and M/M/c), with limited capacity(M/M/1/K and M/M/c/K)

3

• Sequencing problems:Processing of n jobs through 2 machines, n jobs through 3 machines

Must know

15

• 2 jobs through m machines, n jobs through m machines

• Replacement problems: Replacement of items whose running cost increases with time

• Replacement policies for the items that fail completely-individual and the group replacement policies

4

• PERT and CPM: Introduction of PERT and CPM

Nice to know

12

• Earliest and latest times

• Determination of critical path and various types of floats

• Probabilistic and cost considerations in project scheduling