This book provides an in-depth understanding of basic quantitative tools and techniques required in analytical evaluations and managerial decision-making. With the updated content, it continues to provide rich pedagogical support including relatively large-sized practical problems to aid decision-making process of managers. The new edition will be useful for students pursuing post graduate courses in management and commerce besides professional courses like those o¬ered by ICAI and ICWAI. Salient Features: 1. New Case Study after every chapter 2. Solution of a game using Gambit — Software tool for game theory 3. Solution of a queuing model using Jensen add-ins 4. MS Excel integration across the chapters to solve problems 5. Supplementary resources include Mathematics and Statistics Refresher