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...Quantitative decision unit making an overview objectives after studying this you should be able to understand the complexity of today s managerial decisions know meaning techniques need using approach appreciate role statistical methods in data analysis various models frequently used operations research and basis their classification have a brief idea areas applications business management structure introduction statistics advantages use computers summary key words self assessment exercises further readings may aware fact that prior industrial revolution individual was small production carried out on very scale mainly cater local needs such enterprises different from present large information needed by maker usually owner make effective much less extensive than at thus he based upon his past experience intuition only some reasons for were i marketing product not problem because customers part personally known there hardly any competition ii test choice requirement just personal interac...