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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 Theme Title and Code Purpose of the Internship Duration

1 Operations This module aims to introduce the student to the main deterministic techniques that 30/60/90
Research are used in operational research, namely linear and integer programming, dynamic Days
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.

Operation Research: Introduction - (OR01) Code and Sub Topic

OR01A: Operation Research: A quantitative Approach to Decision Making;

OR01B: Models and Modeling in Operation Research
OR01C: Linear Programming: Application and model formulation.
OR01D: Linear Programming: The Graphical Method
OR01E: Simplex method
OR01F: Duality: motivation and definitions, theory and economic interpretation
OR01G: Sensitivity analysis and parametric programming
OR01H: Transportation Method Integer programming: modelling techniques; branch and bound
algorithm;
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 Operation Research: Technique - (OR02) Code and Sub Topic

OR02A: Queuing Systems: Basic elements of a queue and applications of queuing systems.
OR02B: Inventory System: EOQ models, newsboy models, inventory model with stochastic
demand.
OR02C: Reliability Theory: Reliability of a component, reliability of a system, maintenance
models, reliability and economics
OR02D: Decision Theory:
OR02E: Bayes’ rule, value of information
OR02F: Decision trees, and utility.
OR02G: Theory of Game
OR02H: Project Management: PERT and CPM Techniques.
OR02I: Markov Chains and Simulation
OR02J: 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 Theme Title and Code Purpose of the Internship Duration

2 Statistical The Statistics Project gives students to conduct an in-depth study, either of a 30/60/90
Method particular advanced statistical methodology, or of the application of one or more Days
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.

Statistical Method: Introduction- (SM02) Code and Sub-Theme

SM02A: 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: Collection of Data Analysis
SM03C: Correlation and Application of Karl Pearson’s Coefficient
SM03D: Linear Regression Analysis

Statistical Method : Techniques-(SM02T)

SM02TA: Theory of Probability

SM02TB: Bayesian Theory and inference and prediction methods for conjugate priors
SM02TC: Theory of estimation and significance testing
SM02TD: Theory of linear statistical models
SM02TE: Theory of Estimation and Testing of Hypothesis
SM02TF: Chi-square Test. Analysis of Variance (ANOVA)
SM02TG: Interpretation of Data and Statistical Fallacies
SM02TH: Statistical Decision Theory
SM02TI: 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.

Internship On OPERATIONS RESEARCH AND STATISTICAL METHODS

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