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Research Paper

Application of OR techniques on government planning during the COVID-19 pandemic

In this paper we try to suggest models to optimize actions and policies which attempt to benefit the Government as well as people during the Covid-19 pandemic. We make use of game theory and a modified SEIR model. These models are important because of the adverse effects the Covid-19 pandemic has brought on, such as strict stay-at-home orders and economic shutdowns. Our game theory model studies the decision-making behavior of people and Government during the current pandemic. We also suggest a modified SEIR model represent the movement of people between states of a country.

Published by: Hetal Prajapat, Jash Khandelwal, Hrushank Patel, Hitanshi Chheda, Karan Vasa

Author: Hetal Prajapat

Paper ID: V7I5-1344

Paper Status: published

Published: October 14, 2021

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Research Paper

The impact of project management throughout ERP implementation life cycle

This paper aims to analyze the various aspects of project management in an ERP implementation life cycle. It also reviews the role of the project manager, team leader, and other project employees in the implementation of ERP. Project management helps you build a link between your vendor and your employees in order to control and monitor all the activities that are related to the implementation of ERP software. One of the main reasons why an ERP implementation fails is due to lack of project management. It is very important that an organization has the proper planning and involvement in the development of its enterprise resource planning software (ERP) project. This is why it is often necessary to hire an experienced and professional project manager.

Published by: Padmashri Rokade, Dr. Anuradha Dandnaik

Author: Padmashri Rokade

Paper ID: V7I5-1342

Paper Status: published

Published: October 14, 2021

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Research Paper

The Nyankpe and Justice in Pre-colonial Banyang country

This work examines the role of the Nyankpe institution in dispensing justice in pre-colonial Banyang country in the Republic of Cameroon. It argues that Nyankpe played a significant role in establishing truth and dispensing justice among the Banyang. The recruitment of those who administered justice was carefully done taking certain things into consideration. The efficiency and satisfaction in the delivery of justice promoted unity, peace, tranquility, and sustainable development in the Banyang country. In carrying out this research, a historical method was applied and a qualitative instrument of analysis was made use of. We consulted and made use of primary and secondary sources including archival materials, interviews, a questionnaire, articles, and books. These were helpful in providing us with the material needed to defend our claim that Nyankpe effectively administered justice in Banyang country in pre-colonial times.

Published by: Mfonten-Oben Germaine Mbengchang

Author: Mfonten-Oben Germaine Mbengchang

Paper ID: V7I5-1322

Paper Status: published

Published: October 14, 2021

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Research Paper

Optimization of Capital Structure using Operations Research Techniques

This research paper aims to optimize the capital structure of a company using operations research techniques. All companies require financing for day-to-day operations and expansion. The two major sources of financing are equity finance and debt finance. Raising capital by selling shares of a company is known as equity finance whereas bank loans, bonds, securities, and overdrafts are some sources of debt finance. Now the question that arises is what is the appropriate capital structure that the company must follow to achieve maximum profit at the lowest cost. To solve this problem, our paper proposes a simple mathematical model that can be applied to various companies. Using the Simplex method of solving LPP (Big M method) we have developed a model to optimize the capital structure of a company that helps to minimize the overall cost of capital while taking into account various other factors that influence it like the risk of insolvency, tax shield, and expenses incurred to acquire the funds.

Published by: Ronit Kapadia, Purav Gada, Saksham Tandon, Sanjot Pruthi

Author: Ronit Kapadia

Paper ID: V7I5-1339

Paper Status: published

Published: October 12, 2021

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Research Paper

Recommendations for an effective vaccination supply in India using Operations Research tools.

In many ways, COVID-19 affected people from all economic categories. Many endured a company loss and a huge money crunch lost employment and lost loved ones. Amid this chaos, science gave a ray of hope with an aim to ease the impact of the pandemic if not completely eradicate it, in the form of vaccines. The vaccines were publicly made accessible and were also approved by the World Health Organization. However, there was still a problem that people faced, accessibility of the vaccines. Which was also attempted to be solved by the Government by allowing the conduct of local vaccination drives in communities. The paper aims at proposing a transportation problem as an effective Operations Research tool that can be incorporated to optimally allocate the available resources. A locality has been taken into consideration wherein an illustration has been formulated showing different buildings demanding vaccines from different hospitals and the transportation problem enables effective selection of hospitals for buildings. Through our paper, we intend to provide a solution to the vaccination problem prevalent in India. The aim is to use transportation problems to ensure that the supply chain is not disrupted and people are provided vaccines through the most optimal route to ensure that resources are not wasted.

Published by: Svanika Shetty, Swarangee Patel, Udit Batra, Ujjwal Goenka

Author: Svanika Shetty

Paper ID: V7I5-1338

Paper Status: published

Published: October 11, 2021

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Research Paper

Operations Research in Sports Analytics

The primary objective of this paper is to analyze the application of operations research in the field of sports with the help of quantitative and decision-making techniques. The paper arrives at its conclusions after reviewing different research papers in sports such as Cricket and Formula 1. It discovers that there are some typical applications and elements in the field of sports but there are some significantly different applications in various sports like cricket and F1 racing. The main similarity is that both of these sports have used Operations Research to optimize a critical success attribute. So be it the process of switching out tires in a Formula One race or a strategy to minimize travel time while scheduling inter-city matches, Operation research techniques have been beneficial. This secondary study indicates that Operations Research can undoubtedly enhance a player’s performance during a sport and help uncover the perfect output matrix in a professional organization. However, it also elaborates that the full scope of betterment is greatly dependent on the identification of the accurate matrix in the first place, as well as the application of efficient tools and appropriate techniques.

Published by: Moksha Thadeshwar, Pahal Wadhwa, Navkar Lalwani, Mehul Kansal, Prabhav Gupta

Author: Moksha Thadeshwar

Paper ID: V7I5-1335

Paper Status: published

Published: October 11, 2021

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