Description

Operation Research & Quantitative Techniques

Operation research is the application of scientific analysis to management problems. It provides decision-makers with a sound quantitative basis for decision making in the face of complex relationships, uncertainty and risks, conflicts of interest and alternative course of action.

Components

To create a better understanding of operation research concepts and solving business and commerce related problems the book includes:

Introduction to operation research, linear programming, transportation problem, PERT and CPM, Theory of games. 

Objective

We have tried to discuss the said topics in a simple language. Review exercises at the end of each chapter.We hope this would help the students in their preparations for examinations.

We would be failing in our duty if we do not expresser sense of gratitude to various foreign and Indian authors, whose books we have referred to, for preparing the present treatise.

Suggestions and feedback from the teaching fraternity and the students are earnestly solicited and will be highly appreciated to improve further the quality of this book.