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Precize OPERATIONS RESEARCH

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The present book is the culmination of honest and sincere efforts on the part of the authors to meet the requirements of students. The entire subject matter has been arranged in a systematic, graded, simple, lucid and exhaustive manner to meet the various needs of all types of learners. Each topic begins with some definitions and theory followed by solved problems so that the study leads to perfect clarity and understanding. A large number of notes and remarks have been added for a better understanding of the subject. Well-planned exercises have been given in each chapter to provide the students with an opportunity of exhaustive practice.

 

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Operational Research—Meaning, Significance and Scope. Introduction to Linear Programming, Formulation of Linear Programming Problem, Graphical Method, Simplex Method. Duality in Linear Programming, Definition of Dual Problem, General Rules in Converting any Primal into its Dual, Transportation Problem, Assignment Problem.

Decision Theory: Decision Making under Uncertainty and Risk, Decision Trees. Replacement Problem (Individual and Group replacement Problems both).Games Theory : Two Persons Zero Sum Games, Pure Strategies, Mixed Strategies. Simulation; Meaning, Process, Advantages, Limitations and Applications