Decision Models in Management
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Follow on Instagram for UpdatesDecision Models in Management Syllabus — Unit-wise Content
The official GTU curriculum for Decision Models in Management (subject code 2721314) as prescribed for C(E · Semester 2 divides the course into 6 units, covering 41 listed topics. The unit-wise breakdown below is read from the GTU syllabus document for this subject code, so you can check what the course actually covers before deciding which papers to attempt.
Download the official syllabus PDF (2721314)Unit 1 Introduction
- Quantitative methods for management decisions
- Operation research
- Decision environment
- Decision making processes. 3 5%
Unit 2 Linear programming problems, graphical solution, non linear
- Simplex method
- post optimality analysis
- Primal and dual solution approaches
- Sensitivity analysis
- Unconstrained and constrained optimization
- Kuhn- Tucker theory
- Quadratic programming applications
Unit 5 Queuing theory, Queuing Models, Markov decision processes; Applications
- to inventory management and Replacement processes. 5 15%
Unit 6 Discrete event simulation; Generation of random variables, simulation
- processes and languages. 2 5%
Unit 7 Network models. Shortest path method, maximum flow. Minimum
- spanning tree problem. 5 15%
Unit 8 Integer programming, goal programming, dynamic programming. Decision
- Role of knowledge
- Deterministic and probabilistic situation
- Single and multiple person decision making
- Engineering Optimisation - Theory & Practice
- New Age International Publishers
- Revised Edition III, 2006. 2
- Quantititative techniques in management, TMH, New Delhi
- wilde (phi)
- Foundations of optimization 4
- D.T.Philips and J.J.Solberg
- Operations Research
- Principles and Practice
- John Wiley
- 2nd Edition 1987 5
- J.J.Jarvis and H.D.Sherali
- Linear Programming and Network Flows
- 2nd Edition
- Application and Algorithms
- Kent P.W.S. 2nd Edition
- An Introduction
- Computer Assisted Decision Models
- Tata McGrw-Hill
- New Delhi
- Problems based on linear programming
- Simplex method and its varieties. 2
- Problems based on Non-linear programming. 3
- Solving Transportation