Management Science: The Art of Modeling with Spreadsheets, 3rd Edition

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Edition: 3rd
Format: Hardcover
Pub. Date: 2010-10-01
Publisher(s): Wiley
List Price: $251.63

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Customer Reviews

Business Modeling  May 18, 2011
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Management Science helps business professionals gain the essential skills needed to develop real expertise in business modeling. It gives you the basis for the advanced levels in problem solving. This textbook will help business professionals learn how to apply the information in the field. Highly recommended.






Management Science: The Art of Modeling with Spreadsheets, 3rd Edition: 5 out of 5 stars based on 1 user reviews.

Summary

Now in its third edition, Management Science helps business professionals gain the essential skills needed to develop real expertise in business modeling. The biggest change in the text is the conversion of software from Crystal Ball to Risk Solver to reflect changes in the field.

More coverage of management science topics has been added. Broader coverage of Excel demonstrates how to create models. Additional open-ended case studies that are less structured have also been included along with new exercises. These changes will help business professionals learn how to apply the information in the field.

New to this edition :

-Risk Solver Platform used instead of Crystal Ball, Premium Solver, Sensitivity Toolkit, and Treeplan.

-Use of Excel 2010 to show examples of spreadsheet modeling.

-New Chapter 14 on Evolutionary Solver.

-Revised Chapter 17 on Simulation Optimization.

Table of Contents

Introduction
Modeling in a Problem-Solving Framework
Basic Excel Skills
Advanced Excel Skills
Spreadsheet Engineering
Analysis using Spreadsheets
Data Analysis for Modeling
Regression Analysis
Short-term Forecasting
Nonlinear Optimization
Linear Optimization
Optimization of Network Models
Integer Optimization
Optimization of Non-smooth Models
Decision Analysis
Monte Carlo Simulation
Optimization in Simulation
Modeling Cases
Appendix: Basic Probability Concepts
Table of Contents provided by Publisher. All Rights Reserved.

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