– Linear programming model
– Transportation and assignment model
– Forecasting model
– Network model
– Project management
– Game theory
– Queuing theory
Nowadays, computer is so advance and all of the topics above have been replaced by computer program. Just a few clicks, you already get the answer and ready to use. I also use some of the model in my previous work experience but I’ve never know how to get the figure, only use final result. I got A- for this subject and I’m now knowing how computer calculate safety stock for me, how computer define critical path for me in CPM and PERT. How computer calculate trend and seasonal in forecasting model? I just know that the result figures come from probability concept. Nice to know but who will calculate these manually in this cyber world?
Same question again, do we need it for MBA student? Would it more efficient to MBA student to learn how to use computer program for these QA rather then calculating it manually?