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Quantitative Techniques
4th March 2020
By
indiafreenotes
Unit 1 {Book}
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Quantitative Techniques: An introduction
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Statistical Research Techniques
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Operations Research Techniques
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Scope and Applications of Quantitative Techniques
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Scientific approach in Decision Making and their Limitations
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Probability
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Probability Distribution: Binomial, Poisson and Normal Probability Distribution
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Laws of Probability
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Baye’s Theorem
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Mathematical expectations
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Unit 2 Decision Theory {Book}
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Decision Making under certainty, Uncertainty, Risk
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Decision Tree Analysis
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Linear Programming:
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Graphical Solutions of LLP
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Simplex Solutions of LLP
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Primal and its Duel
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Unit 3 {Book}
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Transport Problems
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VAM Methods
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Degenerating Methods
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MODI Method
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Assignment Problems
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Maximization Assignment Problems
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Unbalanced Assignment Problems
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Network Analysis
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Programme Evaluation and Review Techniques (PERT)
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Critical Path Method (CPM)
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Cost analysis and Crashing the Network
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Unit 4 Theory of Games and Queuing Models {Book}
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Two Persons Zero Sum Games
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Pure and Mixed Strategy
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Queuing Model/Theory
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Single Channel Queuing Theory
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Application of Queuing Theory in Business Decision Making
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Unit 5 Replacement Theory {Book}
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Replacing of items that deteriorate with Time
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Time Value of Money
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Simulation: Advantages, Limitations
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Monte Carlo Method
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