https://wiki.devclub.in/index.php?action=history&feed=atom&title=MSL740 2026-04-09T06:02:15Z Revision history for this page on the wiki MediaWiki 1.45.1 https://wiki.devclub.in/index.php?title=MSL740&diff=1449&oldid=prev 2026-03-04T10:12:02Z

<p>Creating course page via bot</p> <p><b>New page</b></p><div>{{Infobox Course<br /> | code = MSL740<br /> | name = Quantitative Methods in Management<br /> | credits = 3<br /> | credit_structure = 3-0-0<br /> | pre_requisites = MSL301 &amp; MSL302<br /> | overlaps = <br /> }}<br /> <br /> == MSL740 : Quantitative Methods in Management ==<br /> Module I : Role of quantitative methods and operations research for managerial decision making and support. Role of mathematical models in problem formulation and solving. Structure of decisions, statistical decision theory; decision making under uncertainty, risk, certainty. Decision Trees; Fuzzy Decision Making. Game theoretic applications. Mathematical Programming models- formulation and applications. Linear Programming- graphical method, Simplex technique; transportation, assignment and transshipment problems. Mixed Integer Programming. Module II : Non-Linear Programming, introduction to Quadratic Programming, Geometric Programming and Direct Search techniques. Multiple Criteria Decision making- Goal programming, TOPSIS and AHP. Module III : Sequential decisions using Dynamic Programming. PERT and CPM. Queuing theory- M/M/1 and M/M/n model. Monte Carlo System Simulation concepts and applications. Brief introduction to Non-traditional optimization. Case Study applications and use of OR software packages.</div>

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