The techniques of game theory can be effectively applied to various managerial problems as detailed below:
Applications of the Theory of Games
The techniques of game theory can
be effectively applied to various managerial problems as detailed below:
Analysis of the market strategies
of a business organization in the long run.
of the responses of the consumers to a new product.
the conflict between two groups in a business organization.
making on the techniques to increase market share.
making for transportation problem.
of the distribution system.
of the location of the facilities.
of new business ventures and
Tags : Operations Management - Game Theory, Goal Programming & Queuing Theory
Last 30 days 1273 views