Operations Research: Theory and Applications, 4/e

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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 enhances the easy-to-understand approach employed in the first three editions. It continues to provide readers an understanding of problem-solving methods based upon a careful discussion of model formulation, solution procedures and analysis. Salient Features • Almost all chapters have been reorganized and/or rewritten to facilitate better and easier understanding of concepts and text material. • Each chapter contains Preview and Learning Objectives to guide the students to focus their attention to understand a specific topic under study. • Most chapters contain 'Cases' to help students to understand business situations and suggest solutions to certain managerial issues that are raised using specific technique of operatio

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Professor J K Sharma, formerly a professor at the Faculty of Management Studies, University of Delhi, has more thane 30 years of teaching experience in Operations Research, Business Statistics, Business Mathematics and Logistics Management. He was awarded the Madan Mohan Gold Medal for securing First position in MSc (Mathematics) examination. Hehas been a Visiting Professor at Group ESSEC (A Graduate School of Management) in France during 1992-94. He has authored 18 books, which have been widely appreciated by the students of undergraduate and postgraduate classes of all the Indian Universities/Management Institutes, and has also written more than 100 research papers/case studies. He is the member of Board of Studies/Academic Council of several schools of Management and Universities in the country. Prof. Sharma is actively involved in research projects and is also involved in conducting executive development programmes for both public and private sector companies. Table of Contents 1. Operations Research: An Introduction 2. Linear Programming: Applications and Model Formulation 3. Linear Programming: The Graphical Method 4. Linear Programming: Simplex Method 5. Duality in Linear Programming 6. Sensitivity Analysis in Linear Programming 7. Integer Linear Programming 8. Goal Programming 9. Transportation Problem 10. Assignment Problem 11. Decision Theory and Decision Trees 12. Theory of Games 13. Project Management: PERT and CPM 14. Deterministic Inventory Control Models 15. Probabilistic Inventory Control Models 16. Queuing Theory 17. Replacement and Maintenance Models 18. Markov Chains 19. Simulation 20. Sequencing Problem 21. Information Theory 22. Dynamic Programming23. Classical Optimization Methods 24. Non-Linear Programming Methods 25. Theory of Simplex Method 26. Revised Simplex Method 27. Dual-Simplex Method 28. Bounded Variables LP Problem 29. Parametric Linear Programming Appendix A: Pre-Study for Operations Research Appendix B: Selected Tables Selected References, Index