The aim is to explain the concepts and simultaneously to develop in readers an understanding of problem-solving methods based upon a careful discussion of model formulation, solution procedures and analysis. To this end, numerous solved business oriented examples have been presented throughout the text. Unsolved Self Practice Problems with Hints and Answers, and Review Questions have been added in each chapter to strengthen the conceptual as well as practical knowledge of the reader.The book is designed to be self-contained and comprises of 29 chapters divided into four parts and Appendices A and B. Topics providing theoretical support to certain results used for solving business problems in Part II are discussed in Part IV. The book is intend to serve as a core text primarily for students of MBA/PGDBM, MCom, CA, ICWA who need to understand basic concepts of operations research and apply results directly to real-life business problems. The book also suits the requirements of students appearing for MA/MSc (Maths, Statistics, Operations Research), MCA, BE/BTech (Computer Science) and AMIE, who need both theoretical and practical knowledge of operations research techniques, as well as for those preparing for IAS,
NET, ISI and other competitive examinations.