Deterministic Models: Introduction and formulation of models  Linear Programming  Graphical Solution  Simplex method  Two-phase method  Big-M method  Duality in LP  transportation problems and Assignment problems Probabilistic Models: Overview of Probability  Random Processes  Classification  Markov Chains  C-K equations  Ergodic chains  Poisson Processes  Birth and Death Processes  Queuing Theory  Basic concepts  M/M/1 and M/M/S queues  Reliability Theory  Concept of Hazard rate function  Bath-tub curve  MTTF and MTBF  System reliability for Series  Parallel and Mixed configurations