OPERATIONS RESEARCH: PRINCIPLES AND PRAC

Operations Research is a comprehensive textbook specially designed to meet the needs of MBA/PGDM students. It explains the concepts of operations research lucidly and provides important insights for managerial applications. The concepts are supplemented with graphs tables and numerous solved examples. Spread across 18 chapters the book provides an in-depth coverage of Linear Programming and its various applications/extensions such as Assignment problems Transportation problems Integer and Goal programming. Various theories and processes related to Inventory Management methods Sequencing and Queuing theory have been covered in detail. A comprehensive chapter on Game theory applications adds further value to the book. The book covers important topics such as Network Analysis tools Markov chains and Decision theory in the later part. It concludes with chapters on Investment analysis and Non-linear programming. The book would equip the readers with analytical skills required to effectively manage various organizational resources and processes. Students pursuing post graduate courses in operations research and commerce would also find the book helpful. Practitioners would find the book useful to optimize business situations and select the best strategy from amongst the various alternatives available.