Business managements make daily decisions on many issues, such as how much and where to produce, for which market, what prices to set, and how much stock to keep. Mathematical models can help to make the best decisions, among the possible alternatives. The objective of this book is to present a survey of selected Operations Research methods, and some of their applications to managerial decisio…
This book is concerned with O.R. methods. The commencing chapter (numbered chapter 0 - computers count up from zero) gives a general discussion of model building, various examples of their applications, and some discussion of the limitations of some models. It is suggested that an O.R. practitioner should understand the models and the techniques, and, while using computers and computer pac…