Thursday 1 December 2011

Quantitative Methods Used Most in Practice

  1. Linear Programming (commonly used)
  2. Integer Linear Programming  (commonly used)
  3. Project Scheduling (PERT - Program Evaluation and Review Technique | CPM - Critical Path Method)
  4. Simulation  (commonly used)
  5. Decision Analysis
  6. Forecasting  (commonly used)
  7. Inventory Models
  8. Waiting Line / Queueing Models
  9. Markov-Process Model

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