This widely adopted text presents an accessible introduction to the techniques and applications of management science.
This text science is designed to make the subject easy to understand, interesting and accessible for students with limited mathematical background or skills.
The author focuses on management science not only as a collection of techniques and processes, but as a philosophy and method for approaching problems in a logical manner.* NEW - The overall organization of the text has been revised to reflect a clearer split between Deterministic and Probabilistic topics. * NEW - Includes a revised discussion on the modeling process in chapter 1 and new presentations of the Analytical Hierarchy Procedure (AHP) in chapter 8 and Multiple Regression in chapter 17. * NEW - Chapter 1 includes a new discussion of the modeling process and uses Break-Even analysis as the example with Excel and Excel QM. * NEW - Coverage of Excel spreadsheets. After carefully introducing each technique, the author presents Excel solutions in separate sections in 16 of the 19 chapters.These Excel sections are optional and allow the instructor the flexibility of presenting the traditional methods and/or a spreadsheet approach. * NEW - Free Software - In addition, we provide the following spreadsheet related software free on the CD-ROM packaged with each text. * Excel QM easy to use Excel add-ins that provide solution to many problems at the click of a button. * Crystal Ball is a spreadsheet add-in for Monte Carlo simulation.
This software is featured in the Simulation chapter and a free student version is provided. * TreePlan is a spreadsheet add-in for decision trees is featured in chapter 13.
FEATURES * Each short, concise, easy-to-read chapter centers around simple, straightforward examples that demonstrate the fundamentals of the techniques and that provide specific solution steps that can be applied to homework and test problems. * Interweaves computer usage throughout every chapter. * Provides comprehensive coverage and flexible organization designed to accommodate a broad range of management science course structures. * Includes worked examples in the narrative and at the end of chapters.* Features Management Science Application boxes that show how management science techniques are being used in real life to improve efficiency and save money. * Includes Time-Out historical boxes throughout. * Begins each chapter with an outline, and offers a complete glossary. * Additional Software: QM for Windows is a user-friendly, easy-to-use educational software for solving quantitative problems.
Developed by Howard Weiss at Temple University, this software is the most popular package offered for the management science course.
It can be packaged with the text for a reasonable price. *Coverage of Excel spreadsheets. After carefully introducing each technique, the author presents Excel solutions in separate sections in 16 of the 19 chapters.
These Excel sections are optional and allow the instructor the flexibility of presenting the traditional methods and/or a spreadsheet approach*Free CD-ROM packaged with each text
