Description : This Book Is Designed To Serve As A Text For Management, Economics, Accountancy (Chartered And Cost Accountancy), And Commerce Students. The Book Covers Concepts, Illustrations And Problems In Statistics And Operations Research. Part I Deals With Statistical Techniques For Decision Making. Part Ii Studies Various Operations Research Techniques For Managerial Decisions.The Book Contains Illustrations And Problems, Drawn Extensively From Various Functional Areas Of Management, Viz., Production, Finance, Marketing And Personnel, Which Are Designed To Understand Real Life Decision Making Situations. In Order To Make The Book Self-Contained, All Relevant Mathematical Concepts And Their Applications Have Been Included. To Enhance The Understanding Of The Subject Matter By The Students Belonging To Different Disciplines, The Approach Adopted In This Book, Both In Statistics And Operations Research, Is Conceptional Rather Than Mathematical. Hence Complicated Mathematical Proofs Have Been Avoided.This Book Would Be An Ideal Reference To Executives, Computer Professionals, Industrial Engineers, Economic Planners And Social Scientists. The Other Books By The Same Authors Are: Operations Research For Management And Business Statistics.
Description : This book on Operation Research has been specially written to meet the requirements of the M.Sc., M.Com. and M.B.A. students for all Indian Universities. The subject matter has been discussed in such a simple way that the students will find no difficulty to understand it. The proof of various theorems and examples has been given with minute details. Each chapter of this book contains complete theory and fairly large number of solved examples, sufficient problems have also been selected from various universities examination papers. Contents: Project Management PERT and CPM, Markov Chains, Basic Simplex Method, Resource Scheduling, Assignment Problem, Cost Analysis, Contracting and Updating.
Description : Materials management has become an important activity in both manu facturing and service organizations. Rapid changes in the industrial envi ronment, such as the introduction of automation and Just-In-Time, and demands for increased productivity and quality have increased the need for alI personnel to be concerned with total control of materials. Clearly this trend will continue, and materials management wilI play an increasingly vital role in organizational success, especialIy for operations that are be coming automated. Materials management will be more critical in many service organizations where the materials group has received little attention in the past. This book covers the basic materials management function and provides valuable insights into various other major functions related to it. We believe that each of these-manufacturing, marketing, finance, quaIity assurance, and engineering-is vitalIy involved in materiaIs management, and any coverage of the subject that excludes these functions offers too narrow a perspective. With increasing demand for materials managers, human resource re quirements will be satisfied by individuals trained within the discipline and by personnel who have worked in other fields. The dimensions of materials management have grown so rapidly that many practicing managers are not aware that they are fulfilling material management functions. It is impor tant that alI individuals have the basic knowledge required to perforrn their roles in these organizations.