Primarily intended for postgraduate students of management and computer applications, this book presents the theory and applications of operations research in an easy-to-read style. It introduces the readers to various models of operations research, such as transportation model, assignment model, inventory model, queuing model, replacement model, sequencing model, and integer programming model. The various methods to solve real-life problems faced by managers are also fully analyzed. Separate chapters are devoted to Linear Programming, Decision Theory, Game Theory, Dynamic Programming, and Project Management, which greatly help the decision-making process.
The text features numerous fully worked-out examples, a fairly large number of exercises, and end-of-chapter theoretical questions which enhance the value of the text.
Besides postgraduate students of management (MBA), computer applications (MCA), commerce, mathematics, and statistics, students of engineering will also find this text extremely useful.