Operations Research - A Decision-making Tool for Engineers and Managers

Description

Operations Research is an analytical tool used to supplement managers in decision-making which is an important function of the management of any organization. This book deals with the application of quantitative techniques in Operations Research through a large number of examples which would aid students in understanding the optimization techniques in depth and managers in tackling different problems associated with decision-making such as determination of optimum quantity of products to be manufactured, quantity of products to be transported, assignment of work, selection of strategy and determination of optimum time. Key Features * Different techniques for decision-making * Solved examples to enable understanding of resources management in industry * Simulation and project management techniques to take decision on product quality and quantity * Helping to check out optimum strategy.