Quantitative Techniques - Practical

Paper Code: 
24CATG314
Credits: 
2
Contact Hours: 
30.00
Max. Marks: 
100.00
Objective: 

This course will enable the students to Apply mathematical and statistical models to analyze complex business problems and support data-driven decision-making

Course Outcomes: 

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course title

24CATG

314

Quantitative Techniques – Practical (Practical)

 

CO91: Acquaintance with the case studies related to transportation and assignment

CO92: Inference of case studies related to linear programming

CO93: Analyze and interpretation of case studies on interpolation and extrapolation

CO94: Formulate decision tree analysis

CO95: Assess case studies related to different techniques of game theory

CO96: Contribute effectively in course-specific interaction

Approach in teaching:

Interactive Lectures, Discussion, Tutorials, reading assignments; Solving Questions.

 

Learning activities

for the

students:

Self-learning

assignments, Effective questions,

Seminar presentation, Giving

tasks.

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects.

 

6.00
Unit I: 
Case Studies in Transportation and Assignment Models: Transportation

• Analysis and optimization of transportation networks through case studies.
Use of Assignment Model in Airline Crew Assignment
• Hands-on case study on airline crew scheduling and optimization.

6.00
Unit II: 
Case Studies in Linear Programming:

• Problem-solving using linear programming in various industries through case studies.

6.00
Unit III: 
Case Studies in Interpolation and Extrapolation: Interpolation

• Application of interpolation techniques through practical case studies.
Extrapolation
• Application of extrapolation methods in forecasting through case studies.

6.00
Unit IV: 
Case Studies in Decision Tree Analysis Decision Tree Analysis:

• Real-world applications of decision trees through practical case studies.

6.00
Unit V: 
Case Studies in Game Theory Strategies:

• Pure Strategy
• Implementation of pure strategy concepts in practical scenarios through case studies.
• Mixed Strategy
• Application of mixed strategy techniques in competitive environments through case studies.
• Subgame
• Analysis of subgames in strategic situations through case studies.

Essential Readings: 

● Agarwal, N. P. Quantitative Techniques. Ramesh Book Depot.
● Mathur, Khandelwal, & Gupta. Operational Research. Ajmera Book Company.
● Nag, N. K. Quantitative Methods . Kalyani Publishers
● Kapoor & Sancheti. Statistics Theory and Practice. Sultan Chand and Sons, New Delhi
● Agarwal, NP & Chaturvedi A, Advanced Business Statistucs, Ramesh Book Depot

References: 

Suggested Readings:
● Kapoor, V. K. Operational Research . Sultan Chand.
● Kothari, C. R. Quantitative Techniques. Vikas Publishing House Pvt. Ltd.
● Vohra, N. D. Quantitative Techniques in Management. Tata Mc Graw Hill, New Delhi.
● Taha, Hamady A, Operational Research- An Introduction, Prentice Hall of India
● Agarwal, N. P. Quantitative Techniques . Ramesh Book Depot.
● Gupta, S.P. Statistical Methods .Sultan Chand & Sons New Delhi

e- Resources:
● https://www.bbau.ac.in/dept/UIET/EME-601%20Operation%20Research.pdf
● https://wdn2.ipublishcentral.com//himalaya_publishing_pvt/viewinsidehtml...
● https://www.amirajcollege.in/wp-content/uploads/2020/10/3151910-operatio...

Reference Journals:
● Journal of Operations and Strategic Planning
● Indian Journal of Finance
● IUP Journal of Applied Finance

Academic Year: 
2024-2025
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