Quantitative Techniques for Business Decisions Practical

Paper Code:

CBBA 502

Credits:

Contact Hours:

30.00

Max. Marks:

100.00

Objective:

This course will enable the students to –

Enable the students to acquire knowledge of all the statistical aspects for business decisions.
Learning quantitative methods of decision making methods under uncertainty and game theory.

Course Outcomes (COs):

Course

Learning outcomes

(at course level)

Learning and teaching strategies

Assessment

Strategies

Course Code

Course Title

CBBA 502

Quantitative Techniques for Business Decisions Practical

CO 227: Students will be able to develop linear programming (LP) models.

CO 228: Students will be able to Use Transportation models for Airline crew management

CO 229: Students will learn scheduling of sales trips in optimal way using transshipment model

CO 230: Students will be able to use CPM and PERT techniques.

CO 231: Students will learn the decision making methods under uncertainty and risk with the help of decision trees.

Approach in teaching:

Interactive Hours, Discussion, Tutorials, Reading assignments, Demonstration

Learning activities for the students:

Self learning assignments, Effective questions, Seminar presentation, Group tasks

Class test, Semester end examinations, Quiz, Assignments, Presentation, Individual and group projects

6.00

Unit I:

Unit I

Case Study/ Team Project/ Application Based Questions on special cases of Linear Programming Problem: Multiple solution, No Solution, Infinite Solution, degenerate solution

6.00

Unit II:

Unit II

Case Study/ Team Project/ Application Based Questions on Transhipment Model & Airline Crew Management Problem

6.00

Unit III:

unit III

Case Study/ Team Project/ Application Based Questions based on Network Crashing and Resource Allocation

6.00

Unit IV:

Unit iv

Case Study/ Team Project/ Application Based Questions based on Decision Tree Analysis

6.00

Unit V:

Unit v

Case Study/ Team Project/ Application Based Question and Power Point Presentation based on Game Theory

Essential Readings:

• Mathur, Khandelwal, Gupta, Gupta, Operational Research, Ajmera Book Company, Jaipur
• Agarwal, N.P., and Agarwal, Sonia, Quantitative Techniques for Management, Ramesh Book Depot, Jaipur
• Agarwal, N.P.,Operation Research, Ramesh Book Depot, Jaipur
• Vohra, N. D., Quantitative Techniques in Management, Tata McGraw Hill, New Delhi

References:

• Taha, Hamady A ,Operational Research An Introduction, Prentice Hall of India, New Delhi
• Kapoor, V. K., Operational Research, Sultan Chand & Sons, New Delhi
• Nag, N. K., Quantitative Methods, Kalyani Publishers, Jaipur
• Srivastava, U. K., Shenoy, G.R., and Sharma, S. C., Quantitatives techniques for Managerial Decisions, New Age International

E-Resources:

• http://www.universalteacherpublications.com/univ/ebooks/or/index1.htm
• https://www.academia.edu/
• https://www.slideshare.net/

Journals:

• https://www.ajol.info/index.php/afst/index
• https://www.amu.ac.in/miscellaneous/the-aligarh-journal-of-statistics/ho...
• https://in.sagepub.com/en-in/sas/calcutta-statistical-association-bullet...

Academic Year:

2022-2023