Reference No: PROD0175(A)TECPages: 11Published on: 1, January, 1982
Abstract: Introduces the functions of inventories and various costs relevant for inventory management. The Economic Order Quantity (EOQ) model with deterministic demand and lead-time is discussed and basic derivations of the model are presented. Sensitivity of cost to various parameters of the model is discussed. Finally, the EOQ model with back ... More
Reference No: PSG0122TECPages: 21Published on: 18, January, 2016
Abstract: The note discusses major concepts involved in the Input-Output technique and explains their use in economic planning. It also discusses the forward and backward linkage coefficinets and income multiplier estimation for the I-O table. Finally, it introduces the concepts of the Absorption and Make Matrices used in Indian Planning.
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Reference No: QM0074TECPages: 6 Published on: 1, January, 1969
Abstract: Introduces the conceptual framework for analyzing an inventory decision problem, and points out that there are three motives for holding inventory: 1) the transaction motive, 2) the speculative motive, and 3) the precautionary motive. The subject is introduced through simple examples. ... More
Reference No: QM0111Pages: 12 Published on: 1, January, 1976
Abstract: Deals with the problems associated with the introduction of five widebody Airbuses to replace a fleet of Turbo Props and Caravelles. As it is essential to synchronize the publicity campaign with the formal introduction of the Airbus, the management wants to know when the five aircraft will be ready ... More
Reference No: QM0151Pages: 3Published on: 1, January, 1980
Abstract: This case is intended to introduce the relevance of linear programming models to short?term production decisions in the handloom sector. It also facilitates discussion of objectives that may be in conflict, such as employment maximization and profit maximization. ... More
Reference No: MAR0185Pages: 4Published on: 1, January, 1977
Abstract: A consumer goods company is interested in evaluating the performance of its dealers. A quarterly statement, giving information on profitability and capital structure, is obtained from the dealers. The issues in the case concern the interpretation and analysis of the statements of two dealers. Interesting possibilities exist for analyzing dealer ... More
Reference No: MAR0271TECPages: 17Published on: 1, January, 1982
Abstract: The note describes a classification scheme of marketing information for scale construction. For single item measurement, ordinal, interval and ratio scale methods are described. Multi-item scales like semantic differential, Thurstone's equal appearing interval, and Likert's summated rating scales are described. A broad idea about multidimensional scaling is also provided. Guidelines ... More
Reference No: QM0243TECPages: 17Published on: 21, July, 2004
Abstract: The note illustrates how a linear porgramming problem can be solved using solver in Excel. It also describes how the output of the solver should be interpreted. ... More
Reference No: PROD0173TECPages: 14Published on: 1, January, 1982
Abstract: This note reviews the developments in the field of multiple?criteria decision-making (MCDM) together with developments in related areas such as utility theory and decision theory. Multiple criteria problems and basic approaches to solve these problems are mentioned. Direct estimation approach and interactive approach for estimating decision?makers' preferences are ... More
Reference No: QM0047TECPages: 14Published on: 1, January, 1974
Abstract: This note is mainly concerned with the mathematical formulation of programming problems. Programming problems deal with determining optimal allocations of limited resources to meet given objectives when there are alternative users of resources. Here we built up objective function and are essentially interested in finding out for what values of ... More
Reference No: PROD0311Pages: 38Published on: 31, March, 2016
Abstract: This case deals with several types of uncertainties faced by project team in an oil company north east in India. These challenges and uncertainties are in the areas drawing approval, supply chain , critical equipment availability, soll type, control room, soil type, employee availability, environmental clearances, safety and wildlife clearances. This ... More
Reference No: QM0058Pages: 5 Published on: 1, January, 1975
Abstract: Investment alternatives under uncertainty in a personal situation are discussed. The opportunity rate of return can be illustrated along with the concept of choice of criterion for decision making under uncertainty. ... More