Operations Research Using Excel: A Case Study Approach

The field of operations research provides quantitative methods to solve problems including maximize profits or minimize losses, investigating the outcomes under fluctuating market conditions, and to facilitate decision making. The reference text provides a conceptual and analytical knowledge for various operations research techniques. The solution of these techniques is explained in an easy manner to make readers comfortable with some intricate techniques of the subject. It covers important concepts including sensitivity analysis, duality theory, transportation solution method, Hungarian algorithm, program evaluation and review technique, and periodic review system. Aimed at senior undergraduate and graduate students in the fields of mechanical engineering, civil engineering, industrial engineering, and production engineering, this book: Discusses extensive use of Microsoft Excel spreadsheet and formulas in solving operations research problems. Provides case studies and unsolved exercises at the end of each chapter. Covers industrial applications of various operations research techniques in a comprehensive manner. Discusses creating spreadsheets and using different Excel formulas are illustrated in easy to understand manner. Covers problem-solving procedures for techniques including linear programming, transportation model, and game theory.

• | Author: Vikas. Singla
• | Publisher: CRC Press
• | Publication Date: September 17, 2021
• | Number of Pages: 394 pages
• | Language: English
• | Binding: Hardcover
• | ISBN-10: 0367646439
• | ISBN-13: 9780367646431