Operations research

Operations Research is a comprehensive textbook specially designed to meet the needs of MBA/PGDM students. It explains the concepts of operations research lucidly, and provides important insights for managerial applications. The concepts are supplemented with graphs, tables, and numerous solved examples. Spread across 18 chapters, the book provides an in-depth coverage of Linear Programming and its various applications/extensions such as Assignment problems, Transportation problems, Integer and Goal programming. Various theories and processes related to Inventory Management methods, Sequencing, and Queuing theory have been covered in detail. A comprehensive chapter on Game theory applications adds further value to the book. The book covers important topics such as Network Analysis tools, Markov chains and Decision theory in the later part. It concludes with chapters on Investment analysis and Non-linear programming. The book would equip the readers with analytical skills required to effectively manage various organizational resources and processes. Students pursuing post graduate courses in operations research and commerce would also find the book helpful. Practitioners would find the book useful to optimize business situations and select the best strategy from amongst the various alternatives available.

1. Introduction.. 2. The Assignment Problem.. 3. The Transportation Problem.. 4. Linear Programming.. 5. Extension of Linear Programming Problem. 6. Sequencing.. 7. Inventory Planning and Management. 8. Dynamic Programming.. 9. Queuing Theory.. 10. Game Theory.. 11. Replacement Theory.. 12. Network Analysis.. 13. Simulation.. 14. Markov Chains.. 15. Forecasting.. 16. Decision Theory.. 17. Investment Analysis.. 18. Introduction to Non-linear Programming.. Appendix.

Pradeep Pai is presently an Associate Professor with Chetna's Institute of Management and Research in Mumbai. With degrees in engineering and management, he has a rich and varied functional experience of around two decades in consulting, marketing, and operations across manufacturing and service sector companies. He has been associated with premier management schools in Mumbai and Ahmedabad as a visiting/adjunct faculty.