Sultan Chand | Elements of Operations Research | Dr P.K Gupta |

Salient Features

• The book covers complete syllabus in Operations Research for BBA, B.Com and M.Com of almost all the Universities.
• There are detailed self-contained chapters on all the syllabus elements.
• The text uses simple language, lucid style, cogent presentation, and clarity of exposition.
• The text begins with chapter 1 highlighting the importance, modelling, methodology, applications and scope of Operations Research in business and industry.
• Chapter 2 concentrates on the formulation of practical problems (based on real life situations) in the format of linear programming problems. Chapter 3 and 4 deal with the development of solution methods of various linear programming problems.
• The special class of linear programming problems: Transportation and Assignment problems are discussed in Chapter 5 and 6 respectively.
• The concept of network in scheduling techniques using PERT/CPM methods are discussed in chapter 7.
• Decision-making rules under uncertainty, under risk and decision trees are discussed in chapter 8, while decision-making problems under conflict (Game Theory) are dealt with in chapter 9.
• Chapter 10 introduces the concept of queuing system, wherein elements of queuing process and Poisson Queuing Models are discussed
• The concept of inventory in industry, its various types, and Economic Order Quantity (EOQ) are given in Chapter 11. EOQ models with and without price-breaks are discussed in detail.
• Chapter 12 is devoted to replacement decisions. This chapter also include problems related to recruitment and promotion.
• Chapter 13 on “Operations Scheduling” i.e., Sequencing has been dealt with at greater length owing to its increasing importance in the current business environment.