# MBA-102 : QUANTITATIVE METHODS – Syllabus

Maximum Marks: 100

Semester Examination: 70

Internal Assessment: 30

Contents:

Unit-I:

Mathematical basis of Managerial decisions – An overview; Nature and Scope of Quantitative methodsÂ in management; Scientific approach to Quantitative techniques; Functions and their managerialÂ application (linear & quadratic functions); Concept of Derivative of functions and its managerialÂ applications for finding maxima and minima (functions of single variable only); Game Theory: Zero
sum games â€“ Pure and mixed strategies (matrices reducible to 2Ã—2)

Unit-II:

Basic concepts of Probability, applications of addition rule and multiplication rule of probability withÂ emphasis on Bayesâ€™ theorem; Elementary characteristics and simple situation applications ofÂ Bionomial, Poisson and Normal Probability Distributions; Decision theory: criteria for decisions underÂ uncertain and probabilistic kinds of decision making environments;

Unit-III:

Linear Programming: Concept and formulation/ structuring of Linear programming problems;Â Graphical Method to Linear programming problems (Maximization and Minimization cases), SimplexÂ method to linear programming problems, Big M method; Transportation problem: Initial basic feasibleÂ solution methods, Modified approximation method for finding optimal solutions to transportationÂ problems; Introductory concepts in Assignment problems â€“ Hungarian assignment method for optimalÂ assignment;

Unit-IV:

Introductory concepts in network analysis: Programme Evaluation and Review Technique (PERT) /Â Critical Path Method (CPM) and their managerial applications; Computations in PERT networksfinding earliest times, latest times and floats for events and activities; Probability considerations inÂ PERT networks; Elementary PERT/ CPM â€“ Cost Analysis, Time-cost tradeoff in network analysis;Â Queuing theory: Elementary characteristics and simple situation applications.

Note-The list of cases and specific references will be announced by the concerned facultyÂ in the class at the beginning of the semester.

1. Statistics for Behavioural and Social Scientists/Chadha,Â NK/1996
Reliance PublishingÂ House,Delhi
2. Business Statistics/Gupta, SP and Gupta, MP/1997 Sultan Chand, New Delhi
3. Basic Statistics for Business & Economics/Kazmier L.J & Pohl,
NF/1988Â McGrawHill, New York
4. Statistics for Management/Levin Richard I & RubinDavidÂ S/1995
Prentice Hall Inc
5. Linear Programming and Decision Making/Narag, AS/1995 Sultan Chand, New Delhi
6. Fundamentals of Operations Research/Sharma JK/2001 Macmillian, New Delhi
7. Quantitative techniques in Management/Vohra, N.D., Tata McGrawHill, New Delhi
8. Mathematics for Management/ Ragavachari, M. Tata McGrawHill, New Delhi