Quantitative Techniques for Management

Quantitative Techniques for Management

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The authors have presented the techniques of decision making, also popularly known as ‘Operations Research’ emerging as most used scientific approach to management decisions. While making such decisions, the value of judgement and its both the quantitative and qualitative factor is not discounted. The book is intended for the managers of today and the students of engineering studying the course of operations research. This book provides a foundation for understanding the concepts, theory and applications, beginning with an overview of most decision making tools. The book discusses each technique with its concept, theory and application in such a lucid manner that readers find it to use during the process decision making. It begins with the simplex method of optimization and duality concept, transportation and assignment models. While dealing hybrid tools of optimization, the book elaborates PERT, CPM, Dynamic Programming, Inventory Control Models, Simulation Techniques. It explains the Decision Theory, Game Theory, Queueing Theory, Scheduling and Sequencing Models, Replacement Problems, Markov Processes and Stochastic Models. Finally, this well organised book describes advanced deterministic models that include goal programming, integer programming and nonlinear programming. The authors of this book are Mechanical Engineers, and are able to a realistic presentation in some of the chapters.If you want to buy this book online, kindly click on the following link:Amazon.in

Tags: Engineering; Mechanical;

New Age International

New Age International

New Age International Publishers, founded in 1966, is an eminent publisher of College and professional level textbooks for Science and Technology, Medical Sciences, and Commerce & Management. Bestsellers of this publication include Control Systems Engineering by I.J. Nagrath and M Gopal, Nutrition Science by B Srilakshmi, Generation Distribution and Utilization of Electrical Energy by C.L. Wadhwa, and Modern Project Management by R.C. Mishra and Tarun Soota.
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