- Operation Research: study subject as per its history.
- Understanding the basics of Operation Research, Operation Management, Production Management and Systems Management.
- Operation Research as an important decision-making tool and its use in various fields.
- Conceptualising mathematical modelling and developing a model.
- Understanding the application of Operation Research and the various steps associated with it.
- Categorising Operation Research techniques.
- Various limitations in the utilisation of Operation Research.
- Co-relationship between Management and Operation Research.
Chapter Outline
- Introduction
- Management Systems
- Important features of Operation Research
- Types of Operation Research Models
- Methodology of Operation Research
- Tools of Operation Research
- Limitations of Operation Research
- Some applications of Linear Programming
- Review and Discussion Questions
Links of Previous Main Topic:-
- Introduction to accounting and branches of accounting
- Preparation of final accounts
- Introduction of fund flow statement
- Introduction cash flow statement
- Ratio analysis significance of ratio analysis
- Fixed assets and depreciation meaning causes objectives methods and basic factor
- Cost accounting concept objectives advantages limitations general principles and cost sheet
- Job costing
- Introduction process costing
- Activity based costing introduction concept and classification
- Introduction inventory pricing and valuation
- Standard costing introduction
- Management accounting
- Marginal costing
- Relevant cost for decision making
- Budget and budgetary control
- Limitations of historical accounting
- Introduction to responsibility accounting
- Introduction to financial management
- Introduction and types of dividend
- Concept of cost of capital
- Capitalization meaning
- Concepts of working capital
- Concept of capital expenditure
Links of Next Finance Topics:-