This module is designed to examine how managers can strategically utilize a firm’s resources, information and processes to make informed decisions and maximize production, revenue, and profits.

Managers have to take decisions on a wide range of issues such as; How much to produce,what prices to charge, how many employees to employ, how much to pay them etc.

In all these cases, it is highly desirable to be able to compute the likely effect of the decisions on the company’s costs, revenues and most importantly profits.