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QMBD-P11
PGDM 2011-13: Term-VI

Course Name- Quantitative Methods for Business Decisions (QMBD)
Credits 3.0
Faculty Name Dr. S.P. Singh
Program PGDM-Term VI
Academic Year and Term 2011-2013


1. Course Description
Objectives of the course to provide a formal quantitative approach to problem solving and to give an intuition for managerial situations where a quantitative approach is appropriate. In addition, this course also introduces some widely used quantitative models and software for solving such models. Besides this few case study will be also given to clearly demonstrate the application of quantitative models in real scenario.
2. Student Learning Outcomes (typically 3-5 bullet points)
· Be able to learn popular quantitative tools and techniques used in decision making
· Be able to know quantitative tools through case study
· Be able to heuristic approaches applied in day to day operations

3. Required Text Books and Reading Material

Course material will be supplied to the students.

4. Tentative Session Plan
Session Number
Topics/Activities
Reading/case list etc.
1-2
Linear programming, Non-linear programming problem, KKT Conditions
Reading material will be given to the students
3-4
Multi-criteria Decision Making (MCDM): AHP, TOPSIS, Weighted methods
5-6
DEA
7
Multi-objective programming techniques: Goal Programming
8-9
Decision Theory
10-12
Multi-Attribute Utility Theory (MAUT)
13-14
Decision Making Heuristically: Applications in Manufacturing industries
15-16
(TOC) Theory of Constraint: Production Planning, Project Management
17
Interpretative Structural Modeling (ISM)
18
Game Theory: Two player game model
19-20
Case study presentations
Group and Individual Cases will be given to the students

5. Evaluation

Max. Marks: 100 Marks

6. Academic Integrity


All students have to follow the guidelines stated in the students’ manual of XIMB.

Created By: Debasis Mohanty on 11/19/2012 at 09:39 AM
Category: PGDM-II Doctype: Document

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