Quantitative Analysis for ManagementThis sixth edition of Quantitative analysis for management continues to provide the reader with skills to apply the techniques of quantitative analysis in all kinds of organizational decision-making situations. The chapters and supplements cover every major topic in the quantitative analysis/management science filed. There is probably more material included than most instructors can cover in a typical first course, but the resulting flexibility of topic selection is appreciated by instructors who need tailor their courses to different curricula. limitations of the models, and illustrate the real-word usefulness of each technique with many applications in both profit-making and nonprofit organisations. Quantitative analysis for management keeps the notation, terminology, and equations standard with other books. This edition, as in the first five, is easy to understand and use, algebra is the only mathematics prerequisite. |
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Common terms and phrases
activity alternative approach assignment break-even carrying cost chapter column Company constraints customers decision theory decision tree demand determine developed Discussion Questions dynamic programming equation estimates example expected monetary value expected value exponential factors favorable market Figure forecast goal programming integer programming Interfaces inventory large plant linear programming LP problem Management marginal material requirements plan matrix maximize minimize node normal distribution objective function opportunity loss optimal solution order quantity ordering cost outcome payoff perfect information player Poisson distribution probability distribution production profit programming problem QA in Action QM for Windows quantitative analysis queuing random numbers random variable requires S₁ S₂ saddle point sample simplex method simulation small plant solution mix Solved Problem spreadsheet standard deviation step stockout strategy survey results tableau technique tion unfavorable units weeks Window Help X₁ X₂
References to this book
Decision Support Systems: Concepts and Resources for Managers Daniel Power No preview available - 2002 |