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Q: What is the importance of quantitative techniques in management? A: Quantitative techniques in management are important because they help managers to make data-driven decisions, optimize resources, and improve overall performance.

N.D. Vohra’s "Quantitative Techniques in Management" outlines the transition from intuition-based decision-making to data-driven, scientific management in business, heavily influenced by wartime operations research. The text details how quantitative models—such as linear programming and inventory management—are applied to optimize operations, marketing, and finance. Learn more about the methodology at McGraw Hill . Quantitative Techniques for Management --- Quantitative Techniques In Management Nd Vohra.pdf

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