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In the present competitive world and market oriented free economy, Quantitative Techniques have gained great importance as a management weapon with many faceted applications in planning, resource allocation as well as decision making in all sectors of industry business and defence. This book is simply an introduction to the vast subject of Quantitative Techniques (QT) written primarily for the professional courses of CA, ICWA, CS and MBA. It does not require to have a high degree of mathematical knowledge on the part of the reader to understand the basics of the subject-matter and an elementary knowledge of algebra and calculus is what is needed to make it.
Each chapter begins with the discussion on the theory, concept and practical application of the problems belonging to diverse fields of industry, business and defence followed by detailed work out process to tackle them. In-depth work on Linear Programming, Duality, Transportation and Assignment problems, Statistical Decision Analysis, Game Theory, Replacement Decisions, Waiting Line Models, FPM and PERT, Simulation SQC, Sequencing and Learning Curve reflects a cross fertilization of industrial expertise and teaching experience of the author. Answers to each and every unsolved question with adequate hints given wherever required, raise the confidence of the readers to immense height that normally would be missing while they refer to the other books on QT with no such treatment. In the words of The Management Accountant "...... the books is the reservoir of knowledge and experience readily made available."ISBN-9788184121506
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Pages : 694
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