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Structure and characteristics of queuing systems (arrival patterns, service mechanisms, queue discipline). Kendall’s notation. Detailed analysis of steady-state solutions for 7. Network Scheduling (CPM and PERT) The book features hundreds of solved problems, which
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Analyzing strategic interactions between competitors (Two-person zero-sum games).
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Minimise the cost of distributing goods from multiple sources to multiple destinations using methods like the North-West Corner Rule and Vogel’s Approximation Method (VAM).
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MBA and BBA aspirants focusing on Operations Management, Supply Chain Management, and Logistics.
Managing stock to minimize total costs (holding, ordering, and shortage costs).