B.Com. (Transport Management) Operations Research Syllabus - Mumbai University
This is the TY BCom TM syllabus under NEP 2020, in force from the academic year 2026-27. The University still sets the earlier Choice Based papers alongside it for ATKT candidates, so check which scheme your exam form names before you revise.
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Syllabus for Operations Research
Module I: Introduction to Operations Research
- Definition, nature, Objectives with phases and scope of Operations Research (OR)
- Role and significance of OR in transport and logistics management
- Types of OR problems: deterministic and probabilistic
- Applications of OR in fleet scheduling, route planning, and cost management
Module II: Linear Programming and Transportation Models
- Introduction to Linear Programming (LPP) and its use in transport decision-making
- Formulating transport and logistics problems as LPP
- Transportation problem: basic concept and finding feasible solutions
- Assignment problem: understanding allocation of resources in transport operations
Module III: Network Analysis and Inventory Models
- Network techniques in transport projects: PERT (Program Evaluation and Review Technique), CPM (Critical Path Method)
- Shortest path problem, minimal spanning tree problem, and their applications in route optimization
- Inventory management for transport resources: EOQ (Economic Order Quantity), reorder point, safety stock
- Applications in fleet management, spare parts, and resource allocation
Module IV: Queuing Theory, Simulation, and Decision-Making
- Basics of queuing theory: concepts of arrival rate, service rate, waiting line models
- Applications of queuing in transport terminals, fleet operations, and customer service
- Simulation techniques: Monte Carlo simulation for route planning, fleet utilization, and inventory management
- Decision-making under uncertainty: decision trees, payoff tables, and expected value analysis
- Case studies and practical examples from Indian transport and logistics sector
Reference Books
- 1 Gupta, P. K., & Hira, D. S. (2019). Operations research (7th ed.). S. Chand & Company Ltd.
- 2 Pant, R. S. (2014). Decision-making in transport management using OR. New Age International.
- 3 Sarma, A. K., & Sarma, S. (2016). Operations research and quantitative techniques. Himalaya Publishing.
Reproduced from the University of Mumbai syllabus for B.Com. (Transport Management) under NEP 2020, in force from the academic year 2026-27. Wording is as printed in that syllabus. Module numbering is as printed there too.
The complete syllabus
This subject is cut from the University circular for its year. Open a document here if you want the whole thing rather than a single subject.