| | Search in PDF for keywords | | --- | --- | | Linear Programming | Simplex, graphical, duality, degeneracy | | Transportation | VAM, MODI, northwest corner | | PERT/CPM | Te, critical path, pessimistic, optimistic | | Queuing | M/M/1, arrival rate, service rate | | Decision Theory | EMV, EOL, EVPI, decision tree |
Vohra devotes significant space to LP, a method to achieve the best outcome (such as maximum profit or lowest cost) in a mathematical model whose requirements are represented by linear relationships.
N.D. Vohra concludes by summarizing the utility of these techniques:
Quantitative Techniques in Management by N.D. Vohra is a seminal text because it demystifies complex mathematical concepts for the non-mathematician. It demonstrates that while numbers cannot predict the future with 100% certainty, they can significantly narrow the margin of error. The book provides the essential toolkit for the modern manager to move from intuitive, subjective decision-making to an objective, data-driven scientific process.
| | Search in PDF for keywords | | --- | --- | | Linear Programming | Simplex, graphical, duality, degeneracy | | Transportation | VAM, MODI, northwest corner | | PERT/CPM | Te, critical path, pessimistic, optimistic | | Queuing | M/M/1, arrival rate, service rate | | Decision Theory | EMV, EOL, EVPI, decision tree |
Vohra devotes significant space to LP, a method to achieve the best outcome (such as maximum profit or lowest cost) in a mathematical model whose requirements are represented by linear relationships.
N.D. Vohra concludes by summarizing the utility of these techniques:
Quantitative Techniques in Management by N.D. Vohra is a seminal text because it demystifies complex mathematical concepts for the non-mathematician. It demonstrates that while numbers cannot predict the future with 100% certainty, they can significantly narrow the margin of error. The book provides the essential toolkit for the modern manager to move from intuitive, subjective decision-making to an objective, data-driven scientific process.
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