Publisher's Synopsis
This book is specially designed for a course in Quantitative Techniques taught to the first-semester MBA students of Rajasthan Technical University. It provides the students with a thorough introduction to basic quantitative tools required to perform analytical evaluations and arrive at logical decisions. The text conveys concepts in as accessible, readable a manner as possible avoiding detailed proofs and axioms associated with pure mathematics.Fulfilling the course needs, the book presents a comprehensive survey of linear programming, decision theory and game theory as some of the important operations research (OR) tools. It also includes a few topics of mathematics and statistics for solving economic and OR models.This book provides: learning objectives at the beginning of each chapter enable students to focus on important points of a chapter; case studies to connect students with real-world situations; many worked examples to enhance students' comprehension of the subject; numerous well-balanced chapter-end exercises with answers to help students build confidence and master the concepts; and summary at the end of each chapter to help students review the key concepts.
