Economic
development and
planning is
an essential, and continuous process for every country. Planning can be done better, using scientific methods, on the basis of past data, estimation and forecasting. This will help us in meeting the requirements, with proper developments. Various Statistical techniques are useful, for their suitable applications. This book deals with the advanced Statistical techniques necessary for this purpose. In its nineteen Chapters, it mainly covers Decision theory, Linear Programming, Game theory, Assignment problem, Problems of Prediction, Project planning and management, Econometric models for exports, Inventory management, Diagnostic approach for sick industries and Impact assessment.
In three Chapters connected with Project planning and management, the authors have explained and discussed, the key words, five phases of the projects, various types of problems encountered therein, formulation, implementation and evaluation of the projects, purposes of steps in and possible indicators of evaluation, and ten principles of Project planning and management. Other two Chapters of this topic discuss about network, i.e. graphic representation of the operations of a project, its terminology and characteristics, techniques of critical path scheduling, network
analysis, calculations of time in networks, with an example and the Linear programming model and Game theoretic model. This book provides number of formulae, examples, models and their analysis and references etc., and deals with the advanced techniques effectively. It is useful for administrators, managers, executives, directors and also the students of management.