Quantitative Techniques for Management

Paper Code: 
BBA 406
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

The objective of the course is to provide knowledge of tools and techniques of operation research and quantitative techniques.

13.00
Unit I: 
Net Work Analysis (Pert/CPM):

Net Work Analysis (Pert/CPM): Introduction, Basic Concept, Drawing a net work diagram, Concept of Critical Path, Probability Consideration under Pert, Crashing a Net Work and determining project cost trade off.

6.00
Unit II: 
Decision Theory:

Decision Theory: Decision-Making under certainty, uncertainty and risk, Decision tree analysis

8.00
Unit III: 
Concept of Permutation and Combinations Probability:

Concept of Permutation and Combinations
Probability: Basic Concepts, Importance of Concept of Probability, Theorem of Probability (Additional Theorem and Multiplication Theorem), Conditional Probability, Bayes’ Theorem, Mathematical Expectation

8.00
Unit IV: 
Probability Distributions:

Probability Distributions: Binomial, Poisson and Normal probability distribution

10.00
Unit V: 
Queuing Model:

Queuing Model: Single Channel queuing theory in business decision-making.

Essential Readings: 

Case Studies
Essential Readings:
1. Mathur, Khandelwal, Gupta, Gupta, Operational Research, Ajmera Book Company, Jaipur
2. Taha, Hamady A ,Operational Research An Introduction, Prentice Hall of India, New Delhi
3. Agarwal, N.P., and Agarwal, Sonia, Quantitative Techniques For Management, Ramesh Book Depot, Jaipur
4. Agarwal, N.P., Operation Research, Ramesh Book Depot, Jaipur
5. Vohra, N. D., Quantitative Techniques In Management, Tata McGraw Hill, New Delhi

References: 

8. Kapoor, V. K., Operational Research, Sultan Chand & Sons, New Delhi
9. Nag, N. K., Quantitative Methods, Kalyani Publishers, Jaipur
10. Srivastava, U. K., Shenoy, G.R., and Sharma, S. C., Quantitatives techniques for Managerial Decisions, New Age International

Academic Year: 
2015-2016
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