Managerial Planning An Optimum and Stochastic Control Approach (Volume 2)
Originally published in 1977. Management is a dynamic process reflected in three essential functions: management of time, change and people. The book provides a bridging gap between quantitative theories imbedded in the systems approach and managerial decision-making over time and under risk. The conventional wisdom that management is a dynamic process is rendered operational. This title will be of interest to students of business studies and management.
Preface to the Second Volume; 4. Optimization under Certainty 5. Estimation Hypothesis Testing and Optimization 6. Simulation and Numerical Methods