Curated YouTube playlists — no account required.
OPTIMIZATION TECHNIQUES
This play list covers explanatory videos on the basics of Linear Programming, Transportation Model, Assignment Problem, Sequencing and Replacement Models. The learners can go through the simple methods explained in the videos to solve different problems.
Optimization
Free playlist available for all students.
Operations Research
The Concept of Queuing Theory is quiet interesting. Single server model is a simple case of Markovian chain Process where customers arrive for a service in a system operating single server. This problem is a classic example where the mechanics approaching a store for spares operated with a single store keeper. The explanation includes decision on whether deploying a store assistant is worthwhile or not?
Operations Management
This play list consists of videos on strategic management, where the competition between two companies is treated as a game between two players. The game is assumed to be conservative in nature which means the loss to one player is exactly the same as the gain to the other player. The game may have a saddle point solution (where the players can choose pure strategies) or it may be a mixed strategy game where the players mix two or more strategies in different proportions. The arithmetic, algebraic and graphical methods are used to solve different types of problems and the solutions provide the insights about how the two players mix their strategies to optimize the situation.
Queuing is a phenomenon observed when the capacity of service facility is not sufficient to provide service to a random group of customers arriving into a system to get a typical service. As a result of formation of queue, the customers have to spend time in the queue line which is unproductive time. When we consider globally, a significant percentage of productive time is wasted by all human beings by spending their time in one queue or the other. So, in order to minimize the unproductive time of customers, the parameters of queuing models are estimated in order to arrive at an appropriate level of service.
Competitive Exam Preperation
In this series of videos, quality content is delivered to make students / aspirants with shortcuts / easy methods. The problems are solved with explanation in a short time taking 30 to 40 seconds per problem. These videos in the play list will help the learners saving their time and gives more information in less time.