Quantitative Analysis for Business Decisions detailed Syllabus for Mechatronics Engineering (Mechatronics), R18 regulation has been taken from the JNTUH official website and presented for the students affiliated to JNTUH course structure. For Course Code, Subject Names, Theory Lectures, Tutorial, Practical/Drawing, Credits, and other information do visit full semester subjects post given below. The Syllabus PDF files can also be downloaded from the universities official website.
For all the other Mechatronics 3rd Year 2nd Sem Syllabus for B.Tech R18 Regulation JNTUH, visit Mechatronics Engineering 3rd Year 2nd Sem R18 Scheme.
For all the (Open Elective-I) subjects refer to Open Elective-I Scheme. The detail syllabus for quantitative analysis for business decisions is as follows.
Course Objectives:
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Course Outcomes:
At the end of the course, student will be :
- Familiar with issues that would crop up in business
- Able to formulate Mathematical Model to resolve the issue
- Able to select technique for solving the formulated Mathematical Model
- Able to analyze the results obtained through the selected technique for implementation.
Unit I
Introduction and Linear Programming:
Nature and Scope of O.R.-Analyzing and Defining the Problem, Developing A Model, Types of models, Typical Applications of Operations Research; Linear Programming:
Graphical Method, Simplex Method; Solution methodology of Simplex algorithm, Artificial variables; Duality Principle, Definition of the Dual Problem, Primal – Dual Relationships.
Unit II
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Unit III
Replacement Model:
Replacement of Capital Cost items when moneys worth is not considered, Replacement of Capital Cost items when moneys worth is considered, Group replacement of low-cost items.
Unit IV
Game Theory and Decision Analysis:
Introduction – Two Person Zero-Sum Games, Pure Strategies, Games with Saddle Point, Mixed strategies, Rules of Dominance, Solution Methods of Games without Saddle point – Algebraic, arithmetic methods.
Decision Analysis:
Introduction to Decision Theory, Steps In the Decision Making, the Different environments In Which Decisions Are Made, Criteria For Decision Making Under Risk and Uncertainty, The Expected Value Criterion With Continuously Distributed Random Variables, Decision Trees, Graphic Displays of the Decision Making Process.
Unit V
For the complete Syllabus, results, class timetable, and many other features kindly download the iStudy App
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Text Books:
- Operations Research: Theory and Applications/ J. K. Sharma: / Macmillan, 2008.
- Operations Research/ Er. Prem Kumar Gupta and Dr. D. S. Hira / S. Chana, 2016
Reference Book:
- Introduction To Operations Research; Hillier/Lieberman/ TMH, 2008.
- Render: Quantitative Analysis for Management, Pearson, 2009
- Quantitative Analysis for Business Decisions / Sridharabhat/ HPH, 2009.
- Operations Research / R. Panneerselvam/ PHI, 2008.
- Operations Research: An Introduction / Hamdy, A. Taha/ PHI, 2007.
- Quantitative Techniques/ Selvaraj/ Excel, 2009
- Quantitative Techniques for Decision Making / Gupta and Khanna/ PHI, 2009.
- Operations Research/ Ravindran, Phillips, Solberg/ Wiley, 2009.
- Quantitative Methods for Business/ Anderson, Sweeney, Williams/ 10/e, Cengage, 2008
For detail Syllabus of all other subjects of B.Tech 3rd Year 2nd Sem Mechatronics Engineering, visit Mechatronics 3rd Year 2nd Sem Syllabus Subjects.
For all B.Tech results, visit JNTUH B.Tech all years, and semester results from direct links.