Operation Research (4th Edn)

Operations Research: Theory and Applications, is a comprehensive text for courses in Quantitative Methods, Operations Research, Management Science, Analytical Methods for Decision-Making, and other related subjects. This fourth edition of the book further enhances the easy-to-understand approach employed in the first three editions. It continues to provide readers an understanding of problem-solving methods based upon a careful discussion of model formulation, solution procedures and analysis. Salient Features • Almost all chapters have been reorganized and/or rewritten to facilitate better and easier understanding of concepts and text material. • Each chapter contains Preview and Learning Objectives to guide the students to focus their attention to understand a specific topic under study. • Most chapters contain 'Cases' to help students to understand business situations and suggest solutions to certain managerial issues that are raised using specific technique of operations research. • Appendices, in most chapters, provide basic theoretical support to the development of specific techniques used in that chapter to solve decision-making problems. • Each chapter contains Chapter Concepts Quiz to help students reinforce their understanding of the principles and applications of operations research techniques. • Explanations are richly illustrated with numerous interesting and varied business-oriented examples. • Conceptual Questions, Self Practice Problems and Hints and Answers are given in each chapter to enable students to learn at their own pace. • Complete conformity to the latest trend of questions appearing in universities and professional examinations. The book is intended to serve as a core textbook for students of MBA/PGDBM, MCom, CA, and ICWA who need to understand the basic concepts of operations research and apply them directly to real-life business problems. It also meets the requirement of students pursuing MA/MSc (Mathematics, Statistics, Operations Research), MCA, MIT, MSc (IT), BE, BTech (Computer Science), AMIE, who need both theoretical and practical knowledge of operations research.