Krityanand UNESCO club Jamshedpur Internship On OPERATIONS RESEARCH AND STATISTICAL METHODS

102/A,Kalpanapuri Adityapur Industrial Area Jamshedpur 832109, India.

Tel: +91 657 238 3158 E: knunesco@yahoo.com W: www.scribd.com/knunesco

Krityanand UNESCO club Jamshedpur Internship On OPERATIONS RESEARCH AND STATISTICAL METHODS (ORSM)

Krityanand UNESCO Club, Jamshedpur is a non-government organization (NGO) established in 1992, Registered Under Societies Registration Act, 1860 and has consultative status with the Economic and Social Council of the United Nations.

Each summer, we welcome nearly 50 interns from India and around the world for a packed Programme of Internship, Research and Development as well as social activities. This year's Summer internship programmes run between 1st May 2019 – 31st July 2019, and are aimed at Post Graduate students. This is a fantastic opportunity for anyone interested in broadening their horizons and learning more about Operation Research and Statistics. During their time with us, each intern produces a supervised research project, chosen by themselves with guidance from Senior Research Associate.

Purpose Operational researchers and statisticians play an important role in the modern time and it needs knowledge with the necessary skills to provide effective solutions to complex organizational challenges. This includes all key stages of solving real-world problems. Krityanand UNESCO Club PG Internship analyzes economic conditions and promotes use of Operation Research and Statistical Method in day by day working methods. This Programme is an ideal opportunity to provide internee with the analytical and statistical skill set necessary for success in industry, business or in the public sector. From day one you will find yourself working with Organisations on case studies to develop abilities in applied analytics and statistics. It encourages the quality aspect of growth and highlights the need to consider the distributional consequences of development policies.

Overview of the Program:

The Krityanand UNESCO Club is an institution of research and higher education dedicated to the study of operations research and statistics, with a particular emphasis on the cross-cutting fields of international relations and economic development issues. Through our core activities, we aim to promote a contribution to the progress of developing societies. The Programme is aimed at students with a strong analytical and quantitative background, and offers an unparalleled experience to challenge perspectives on the way firms and markets operate, and to develop lifelong skills as a talented and innovative student and economist. Combining an exceptional level of analytical training in economics with the more applied scope of a degree. In today’s volatile and unpredictable global order, it has become increasingly important for decision makers in business to have a grounded understanding of the various political, social, economic, technological and environmental drivers of global change. This program focusses on the core concepts for understanding provides students with the ideal skill set in mathematical modelling, experimental design, statistical analysis, and numerical computation.

Mathematically formulating the problem and finding solution approaches,-Providing statistical analysis and computation,-Presenting and communicating the results The Programme contains modules that provide the foundation in both Operational Research and Statistics This dissertation provide an opportunity to develop your research skills, often in a commercial setting, and our industrial liaison team will work with you to find a project that suits your skills and ambitions.

Objective The Operations Research and Statistics concentration equips students with a broad understanding of the processes of through an interdisciplinary package of projects, and practical internships, Internee will gain key skills in policy analysis, program planning, project management, monitoring, and evaluation. Also To give knowledge of operational research techniques and applied statistical theory and methods at an advanced level; for careers as either an operational researcher or as a statistician. As well as experience of applications of operational research and statistical methods.

Who it’s for The ORSM concentration attracts diverse students of Engineering, Computer Science, Commerce and Management, Economics, Statistics, Mathematics, CA and CS.

CONCENTRATION: OPERATIONS RESEARCH AND STATISTICAL METHOD (ORSM) The Concentration in Operations Research and Statistical Method (ORSM) program is a series of two-months Internship on the principles of quantitative analysis, and management. Complementing this skills-oriented core sequence of the curriculum are courses designed to broaden and deepen students’ understanding of development of Operational Research and Statistical Techniques in modern era.

Internship On OPERATIONS RESEARCH AND STATISTICAL METHODS

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Research Themes The Krityanand UNESCO club Jamshedpur Internship on Operation Research and Statistical Method has a broad research base with specialisms across a range of different areas relating to Operation Research and Statistics. We are particularly interested in working across these boundaries and have therefore organized our research output by two broad, interdisciplinary strands: Operations Research and Statistics.

Prerequisites: Students are expected to have basic knowledge in Mathematics, Operation Research and Statistics.

Group: 1: Operations Research: Operational Research Operational Research is the application of scientific methods to the study of complex organizational problems. It is concerned with applying advanced analytical methods to make effective decisions in strategic planning or operational planning, and build more productive systems.

Group

Internship

1

Operations Research

Theme Title and Code

Operation Research: Introduction - (OR01) OR01A: OR01B: OR01C: OR01D: OR01E: OR01F: OR01G: OR01H:

Purpose of the Internship

Duration

This module aims to introduce the student to the main deterministic techniques that are used in operational research, namely linear and integer programming, dynamic programming, machine scheduling, project networks, and heuristics. The process of modelling problems of a practical nature as a linear or integer program will be developed. To provide an overview of the Operation Research. The key objective is to give students a framework to think about the processes that drive operation research, as well as policies that might promote it.

30/60/90 Days

Code and Sub Topic Operation Research: A quantitative Approach to Decision Making; Models and Modeling in Operation Research Linear Programming: Application and model formulation.

Linear Programming: The Graphical Method Simplex method Duality: motivation and definitions, theory and economic interpretation Sensitivity analysis and parametric programming Transportation Method Integer programming: modelling techniques; branch and bound algorithm;

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Operation Research: Technique - (OR02) OR02A: OR02B: OR02C: OR02D: OR02E: OR02F: OR02G: OR02H: OR02I: OR02J:

Code and Sub Topic Queuing Systems: Basic elements of a queue and applications of queuing systems.

Inventory System: EOQ models, newsboy models, inventory model with stochastic demand.

Reliability Theory: Reliability of a component, reliability of a system, maintenance models, reliability and economics Decision Theory: Bayes’ rule, value of information Decision trees, and utility.

Theory of Game Project Management: PERT and CPM Techniques.

Markov Chains and Simulation Classical Optimization Methods

Group 2: Statistics Statistics is concerned with decision-making in the face of uncertainty, and lies at the heart of the type of quantitative reasoning necessary for making important advances in the sciences, such as medicine and genetics, and for making important decisions in business and public policy.

Group

Internship

2

Statistical Method

Theme Title and Code

Statistical Method: Introduction- (SM02) SM02A:

Purpose of the Internship

Duration

The Statistics Project gives students to conduct an in-depth study, either of a particular advanced statistical methodology, or of the application of one or more methods to real applied problems. The aim is to develop skills of organizing work, identifying and directing own work and writing a comprehensive report on a major piece of work. The choice of project is determined by the student's own interests.

30/60/90 Days

Code and Sub-Theme Write a dissertation explaining in detail the work done to a general statistical audience under Statistics - Definition, Scope and Distrust

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SM02B: SM03C: SM03D:

Collection of Data Analysis Correlation and Application of Karl Pearson’s Coefficient Linear Regression Analysis

Statistical Method : Techniques-(SM02T) SM02TA: SM02TB: SM02TC: SM02TD: SM02TE: SM02TF: SM02TG: SM02TH: SM02TI:

Theory of Probability Bayesian Theory and inference and prediction methods for conjugate priors Theory of estimation and significance testing Theory of linear statistical models Theory of Estimation and Testing of Hypothesis Chi-square Test. Analysis of Variance (ANOVA) Interpretation of Data and Statistical Fallacies Statistical Decision Theory Non-Parametric Methods and Models

Dr. Mukesh Kumar Mishra, Secretary General, Krityanand UNESCO Club Jamshedpur Mob: 927950220 E-mail: knunesco@yahoo.com

January 25, 2019 Jamshedpur, India.

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