Operations Research

This comprehensive book provides the students with the basic knowledge of the processes involved in operations research and discusses the techniques of solutions to problems and their applications in daily life.

Beginning with an overview of the operations research models and decision-making, the book describes in detail the various optimisation techniques such as linear and non-linear programming, integer linear programming, dynamic programming, genetic programming, and network techniques such as PERT (program evaluation review technique) and CPM (critical path method). It also explains the transportation and assignment problems, queuing theory, games theory, sequencing, replacement and capital investment decisions and inventory. Besides, the book discusses the Monte Carlo simulation techniques for solving queuing, demand forecasting, inventory and scheduling problems and elaborates on genetic algorithms.

Each mathematical technique is dealt with in two parts. The first part explains the theory underlying the methodology of solution to problems. The second part illustrates how the theory is applied to solve different kinds of problems.

This book is designed as a textbook for the undergraduate students of mechanical engineering, electrical engineering, production and industrial engineering, computer science and engineering and information technology. Besides, the book will also be useful to the postgraduate students of production and industrial engineering, computer applications, business administration, commerce, mathematics and statistics.

<strong>KEY FEATURES: </strong> <ul> <li>Includes a large number of solved problems to help students comprehend the concepts with ease. </li> <li>Gives step-by-step explanation of algorithms by taking problems. </li> <li>Provides chapter-end exercises to drill the students in self-study. </li> </ul>