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An Introduction to Management Science: Quantitative Approaches to Decision Making

An Introduction to Management Science: Quantitative Approaches to Decision Making

Authors
Publisher Cengage Learning EMEA
Year 29/04/2022
Pages 912
Version hardback
Language English
ISBN 9780357715468
Categories Econometrics
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Book description

Gain a strong understanding of the role of management science in the decision-making process while mastering the latest advantages of Microsoft® Office Excel® 365 with Camm/Cochran/Fry/Ohlmann/Anderson/Sweeney/Williams' AN INTRODUCTION TO MANAGEMENT SCIENCE: QUANTITATIVE APPROACHES TO DECISION MAKING, 16E. This market-leading edition uses a proven problem-scenario approach in a new full-color design as the authors introduce each quantitative technique within an application setting. You learn to apply the management science model to generate solutions and make recommendations for management. Updates clarify concept explanations while new vignettes and problems demonstrate concepts at work. All data sets, applications and screen visuals reflect the details of Excel® 365 to prepare you to work with the latest spreadsheet tools. In addition, WebAssign courseware demonstrates techniques with instant feedback, problem walk-throughs and step-by-step tutorials.

An Introduction to Management Science: Quantitative Approaches to Decision Making

Table of contents

1. Introduction.2. An Introduction to Linear Programming.3. Linear Programming: Sensitivity Analysis and Interpretation of Solution.4. Linear Programming Applications in Marketing, Finance, and Operations Management.5. Advanced Linear Programming Applications.6. Distribution and Network Models.7. Integer Linear Programming.8. Nonlinear Optimization Models.9. Project Scheduling: PERT/CPM.10. Inventory Models.11. Waiting Line Models.12. Simulation.13. Decision Analysis.14. Multicriteria Decisions.15. Time Series Analysis and Forecasting.16. Markov Processes.Appendix A: Building Spreadsheet Models.Appendix B: Areas for the Standard Normal Distribution.Appendix C: Values of e-?.Appendix D: References and Bibliography.Appendix E: Answers to Even-Numbered Problems (online only).

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