In today`s competitive business, engineers, executives, adminstrators and managers in almost all Fields of business apply the techniques of operations research (also called quantitative teachniques or quantitative methods or management science) to make better and more accurate decisions based on vast amounts of data and information available to them. Quantitative techniques or methods are used in almost all areas of business and the development of computer science and information technology has facilitated the application of operations research to a wide variety of problems related to production and other areas of business today. Therefore, study of operations in business administration of any university.
This book is organized into 10 chapter, and focuses on the syllabus of the subject titled “Quantitative Methods − II” for the 2nd semester of MBA program of Visvesvaraya Technological University, Karnataka state.
Contents :
1. Introduction to Operations Research
2. Decision Analysis
3. Sequencing
4. Transportation Problems
5. Assignment problems
6. Linear Programming Problems
7. Game Theory
8. Simulation
9. Queuing Models
10. Project Management
Appendices
