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Vohra, N.D.; Quantitative Techniques in Management; 2002, Tata McGraw-Hill, Delhi, India, pp. 929, Price Rs. 295/
Decision-making is a fundamental part of the management process and it pervades the activities of every business manager. In fact it is the manager's competence as a decision-maker that enables us to distinguish between a good manager and a bad one. Modern management is adopting and applying quantitative techniques to aid the process of the appropriate tools can reduce an otherwise unwieldy and complex problem to one of manageable dimensions. Of course, the quantitative techniques are expected only to supplement-arid not to suplant-the manager's sense of decisionmaking. He can use analytical tools in a wise manner only if he comprehends fully the underlying...