Syllabus
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Course Code: CC-45 Course Name: Quantitative Techniques for Management |
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| MODULE NO / UNIT | COURSE SYLLABUS CONTENTS OF MODULE | NOTES |
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| 1 | Quantitative approach to decision-making: Methodology, Models and Modelling. Linear Programming Problems: Basic Concepts and Assumptions, Problem Formulation and Solution by Graphical and Simplex Methods | |
| 2 | Transportation and Assignment Problems: Formulation and Solution | |
| 3 | Decision Theory: Decision-Making Environments, Decision-Making under Risk, and under Uncertainty. Decision Tree Analysis. Game Theory: Two-Person Zero-Sum Games, Pure Strategies, Mixed Strategies, Rule of Dominance. | |
| 4 | Queuing Theory: General Structure, Operating Characteristics and Performance Measures of a Queuing System. Queuing Models (Single Server Models only). Network Analysis in Project Management: PERT/CPM, Determination of Critical Path and Floats. | |
| 5 | Markov Chains: Introduction, Applications, and Characteristics. Simulation: Introduction Types and Steps in Simulation Process. Introduction to Dynamic Programming and Non-Linear Programming. | |
