Quantitative Methods of Decision Making EMBA 5207.

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Presentation transcript:

Quantitative Methods of Decision Making EMBA 5207

QBA Subject Description: This course presents the various mathematical models, networking, probability, inventory models and simulations for managerial decisions. Goals: To enable the students to learn techniques of operations research and resources management and their application in decision making in the management.

Objectives On successful completion of the course the students should have: i. Understood the basic of the quantitative techniques. ii.Learnt the feasible solution and optimum solution for the resource management. iii. Learnt the time estimation and critical path for project. iv. Learnt about the application of probability techniques in the decision making. v. Learnt the various inventory models and simulations in the resource planning and management.

Lecture Outline for Quantitative Methods of Decision Making Sl. No Name of the ChapterReferences 1Introduction to QBATurban & Meredith 2Linear ProgrammingTurban & Meredith 3Decision AnalysisTurban & Meredith 4Distribution ModelsTurban & Meredith 5PERT CPM and Other NetworksTurban & Meredith 6ForecastingTurban & Meredith 7Waiting LinesTurban & Meredith 8SimulationsTurban & Meredith 9Calculus and Business ApplicationBurton, Carrol & Wall 10Review

Course Teacher: Md. Khashrul Alam Associate Professor