Tentative Session Plan – Decision Making in Business & Management using

Quantitative Methods (9-10 October 2023)

Day 1 Day 2
9 Oct 10 Oct
10:00-11:30 Hrs 10:00-11:30 Hrs
 Introduction to Decision Making by Prof. Manoj Gupta  Time Series Analysis by Dr.Santosh K Behera
 Concepts of Quantitative Methods 1- Research Methodology, Data  Waiting Line Analysis by Dr.Santosh K Behera
Collection, Sampling & its distribution by Prof. Manoj Gupta
11:30- 11:45 Hrs. 11:30- 11:45 Hrs.
Tea Break Tea Break
11:45-1:15 Hrs. 11:45-1:15 Hrs.
 Concepts of Quantitative Methods 2- Hypothesis Testing, Inferences,
Analysis of Variance by Prof. Manoj Gupta
 Need for Quantitative Analysis in Economics by Prof. Manoj Gupta  Linear Programming Models by Dr.Santosh K Behera
1:15- 2:00 Hrs. 1:15- 2:00 Hrs.
Lunch Lunch
2:00-3:30 Hrs 2:00-3:30 Hrs
 Quantitative Methods and Techniques – most widely used by Prof.
Manoj Gupta  Decision making for Make or Buy by Prof. Manoj Gupta
 Decision Making under Certainty, Risk and Uncertainty by Prof. Manoj  Inventory Models by Prof. Manoj Gupta
Gupta  Statistical Quality Control by Prof. Manoj Gupta
3:30-3:45 Hrs. 3:30-3:45 Hrs.
Tea Break Tea Break
3:45-5:15 Hrs. 3:45-5:15 Hrs.

 Capacity planning/ allocation using decision tree and DCF method by  Statistical Process Control by Prof. Manoj Gupta
Prof. Manoj Gupta  Applying to Economic and Business Problems – Use of Excel by
Prof. Manoj Gupta