Quantitative Techniques ARAVIND - 09901366442 – 09902787224
WE PREPARE & PROVIDE MBA, EMBA, BMS, GDM, DMS, PGDBM, MIS, MIB , PDM CASE STUDY ANSWERS, ASSIGNMENT SOLUTIONS, PROJECT REPORTS AND THESIS aravind.banakar@gmail.com http://www.mbacasestudyanswers.com ARAVIND - 09901366442 – 09902787224 Quantitative Techniques 1. Distinguish between decision making under certainty and decision making under uncertainty. Mention certain methods for solving decision problems under uncertainty. Discuss how these methods can be applied to solve decision problems. 2. Distinguish between probability and non-probability sampling. Elucidate the reasons for the use of non-probability sampling in many situations in spite of its theoretical weaknesses. 3. What are models? Discuss the role of models in decision-making. How can you classify models on the basis of behavior characteristics? 4.What are matrices? How are determinants different from matrices? Discuss few applications of matrices in bu...