Operations Research 3 Edition Theory And Applications

Operations Research: Theory and Applications, is a comprehensive text for courses in Quantitative Methods, Operations Research, Management Science, Analytical Methods for Decision-Making, and other related courses. The third edition of the book further enhances the easy-to-understand approach employed in the first two editions. It continues to provide readers an understanding of problem-solving methods based upon a careful discussion of model formulation, solution procedures and analysis. The key revisions in the third edition are: " Almost all chapters have been reorganized and/or rewritten to facilitate better and easier understanding of concepts and text material. " Each chapter contains Learning Objectives to guide the students to focus their attention to understand a specific topic under study. " Chapter 2 on LP Model Formulation includes properly graded problems to provide wide areas of managerial applications. " Most chapters contain Cases to help students to understand business situations and suggest solutions to certain managerial issues raised using specific technique of operations research. " Appendices, in most chapters, provide basic theoretical support to the development of specific techniques used in that chapter to solve decision-making problems. " Each chapter contains Chapter Concepts Quiz to help students reinforce their understanding of the principles and applications of operations research techniques. " Explanations are richly illustrated with numerous interesting and varied business-oriented examples. " Hints and answers to self-practice problems are given in each chapter to enable students to learn at their own pace. The book is intended to serve as a core textbook for students of MBA/PGDBM, MCom, CA, and ICWA who need to understand the basic concepts of operations research and apply them directly to real-life business problems. It also suits the requirements of students for MA/MSc (Mathematics, Statistics, O

Operations Research: Theory and Applications, is a comprehensive text for courses in Quantitative Methods, Operations Research, Management Science, Analytical Methods for Decision-Making, and other related subjects. This fourth edition of the book further

This text, now in the Third Edition, aims to provide students with a clear, well-structured and comprehensive treatment of the theory and applications of operations research. The methodology used is to first introduce the students to the fundamental concepts through numerical illustrations and then explain the underlying theory, wherever required. Inclusion of case studies in the existing chapters makes learning easier and more effective. The book introduces the readers to various models of Operations Research (OR), such as transportation model, assignment model, inventory models, queueing theory and integer programming models. Various techniques to solve OR problems’ faced by managers are also discussed. Separate chapters are devoted to Linear Programming, Dynamic Programming and Quadratic Programming which greatly help in the decision-making process. The text facilitates easy comprehension of topics by the students due to inclusion of: • Examples and situations from the Indian context. • Numerous exercise problems arranged in a graded manner. • A large number of illustrative examples. The text is primarily intended for the postgraduate students of management, computer applications, commerce, mathematics and statistics. Besides, the undergraduate students of mechanical engineering and industrial engineering will find this book extremely useful. In addition, this text can also be used as a reference by OR analysts and operations managers. NEW TO THE THIRD EDITION • Includes two new chapters: – Chapter 14: Project Management—PERT and CPM – Chapter 15: Miscellaneous Topics (Game Theory, Sequencing and Scheduling, Simulation, and Replacement Models) • Incorporates more examples in the existing chapters to illustrate new models, algorithms and concepts • Provides short questions and additional numerical problems for practice in each chapter

Primarily intended for postgraduate students of management and computer applications, this book presents the theory and applications of operations research in an easy-to-read style. It introduces the readers to various models of operations research, such as transportation model, assignment model, inventory model, queuing model, replacement model, sequencing model, and integer programming model. The various methods to solve real-life problems faced by managers are also fully analyzed. Separate chapters are devoted to Linear Programming, Decision Theory, Game Theory, Dynamic Programming, and Project Management, which greatly help the decision-making process. The text features numerous fully worked-out examples, a fairly large number of exercises, and end-of-chapter theoretical questions which enhance the value of the text. Besides postgraduate students of management (MBA), computer applications (MCA), commerce, mathematics, and statistics, students of engineering will also find this text extremely useful.

Each concept is discussed from the basics and supported by sufficient mathematical background and worked examples. Suitable for individual or group learning, the book offers numerous end-of-chapter problems for study and review.

These proceedings consist of 30 selected research papers based on results presented at the 10th Balkan Conference & 1st International Symposium on Operational Research (BALCOR 2011) held in Thessaloniki, Greece, September 22-24, 2011. BALCOR is an established biennial conference attended by a large number of faculty, researchers and students from the Balkan countries but also from other European and Mediterranean countries as well. Over the past decade, the BALCOR conference has facilitated the exchange of scientific and technical information on the subject of Operations Research and related fields such as Mathematical Programming, Game Theory, Multiple Criteria Decision Analysis, Information Systems, Data Mining and more, in order to promote international scientific cooperation. The carefully selected and refereed papers present important recent developments and modern applications and will serve as excellent reference for students, researchers and practitioners in these disciplines. ​

Each concept is discussed from the basics and supported by sufficient mathematical background and worked examples. Suitable for individual or group learning, the book offers numerous end-of-chapter problems for study and review.