QUANTITATIVE METHODS AND
OPERATIONS RESEARCH
Credit = 4 Marks = 100
Objectives: (i) To equip the students with techniques of data analysis. (ii) To grasp the various optimization techniques.
SECTION - A
Decision making;Decision making environment;Decision making under certainty;Decision making under uncertainty;Decision making under risk;Decision Tree Analysis.
Operations Research;Introduction to OR: Definition, Characteristics;Scope and Necessity of OR
OR Models: Principles and Types.
SECTION - B
Project Management;PERT;CPM;Phases of a Project;Network Arrow Diagrams;Slack;Critical
Path;Float;Crashing the Network.
SECTION - C
Linear Programming;Problem Formulation;Graphical Method;Simplex Method;Duality
SECTION - D
Transportation Models;Transshipment Problem;Traveling Salesman Problem;Assignment
Models;Replacement Models.
Suggested Readings:
1. J.K. Sharma: Quantitative Techniques for Managerial Decisions, 1st Macmillan.
2. N.D. Vohra: Quantitative Techniques in Management, 2nd Tata McGraw Hill.
3. V.K. Kapoor: Operations Research, 7th Sultan Chand
4. Tulsian and Pandey: Quantitative Techniques, 1st Pearson Edn.
5. Hiller and Lieberman: Introduction to Operations Research, 7th Tata McGraw Hill.
6. H.A. Taha: Operations Research.
7. C.K. Mustafi: Operations Research.
8. Kanti Swaroop: Operations Research.
9. Hira Gupta: Operations Research, Sultan Chand, New Delhi.
Paper Code: MBA-082
ECONOMIC ENVIRONMENT OF BUSINESS
Credit = 4 Marks = 100
Objectives: The objective of the subject is to provide the insight to the students about the changes that aretaking place in the economic sector, the effect of these changes on business and the demand placed onmanagers regarding national and global business environment. Another major aim of this subject is tohelp the management students identify economic