Quantitative Techniques for Managerial Decisions

Contents:

Introduction : Why quantitative techniques?


Part I: Statistics for managerial decisions
Presentation and Analysis of statistical data
Measures of central tendency and Location
Measure of dispersion, skewness and kurtosis
The meaning of probability
Random variables and Probability distributions
Theoretical probability distributions
Sampling and Sampling distributions
Testing of hypotheses
Decision-making under uncertainty
Correlation, Regression and Multivariate analysis
Time series analysis
Index numbers


Part II: Operations research for managerial decisions
Linear programming
The transportation problem
Theory of games
Network analysis—PERT/CPM
Waiting line models
Inventory control models
Replacement decisions
Integer, dynamic and Goal programming
Simulation of management systems


Part III: Supplementary readings in mathematics
Elementary concepts in mathematics
Variables and Functions
Elements of calculus
Classical optimization techniques
Vectors, matrices and determinants
Mathematics of finance