Paper-V : Quantitative Techniques For Management (II Year)

Scheme : Maximum Marks : 100 3 Hours duration Minimum Pass Marks : 36 The Pattern of question papers shall be as under : There shall be 7 questions in all. Question No. 1 and 2 will be compulsory. Question No. 1-20 marks : 10 very short answer type questions of 2 marks each (upto 50 words) Question No.2-20 marks : 5 short answer type questions of 4 marks each. (upto 100 words) There shall be 5 essay type/numerical questions. Candidates shall be required to attempt any 3 questions. Each question shall be of 20 marks. Case study related questions. Each question shall be of 20 marks. 1. Quantitative Teciniques : An Introduction, Statistical and operations Research techniques, Scope and application of quantitative techniques, Scientific approach in decision making. Limitation of these techniques. 2. Probability and probability, distributioins : Laws of probability, Baye's theorem, Methematical Expectation, Binomial, poisson and normal probability distribution. 3. Decision Theory : Decision making under certainty, uncertainty and Risk, Decision tree analysis. 4. Linear Programming : Graphical and Simplex Solutions of LPP. Primal and its duel. 5. Transpor and Assignment Problems. 6. Network Analysis : Programme Evaluation and Review Technique (PERT) and critical path Method (CPM), Cost Analysis and Crashing the Network. 7. Theory of Games and Queuing Models : Two persons Zero sum games, pure and mixed strategy. 8. Queuing mode Single channel queuing theory Application of queuing theory in business decision making. 9. Replacement Theory: Replacing of items that deteriorate with time, Time value of money concept and replacement of items that fails suddenly. 10. Simulation: Advantages, Limitations, Monte casio Method. Books Recommended : 1. Kothari, CR, Quantitative Techniques, N. Delhi : Vikas publishing 2. kapoor, V.K., operations Research, New Delhi : Sultan chand & Sons. 3. Khandelwal M.C., Gupta & Quantitative Techniques.