An Introduction to Management Science: Quantitative Approaches to Decision Making
South-Western College Pub., 2003 - Business & Economics - 881 pages
ASW's Introduction to Management Science: A Quantitative Approach to Decision Making, 10e provides thorough, application-oriented coverage in a very readable writing style. This is the best traditional text on the market. Simply put, this is a classic! The problem-scenario approach introduces quantitative procedures through situations that include both problem formulation and technique application. The extensive linear programming coverage includes problem formulation, computer solution, and practical application. The text covers transportation, assignment, and the integer programming extension of linear programming, as well as advanced topics like waiting line models, simulation, and decision analysis. A large selection of problems includes self-test problems with complete solutions and case problems. Excel spreadsheet appendices are included in this edition as well.
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activity annual assignment cell column component constraint cutting and dyeing decision alternative decision problem decision tree decision variables demand determine developed dual price dynamic programming equation expected value feasible region forecast formulation gallons goal goal programming graphical solution procedure holding cost increase input integer integer linear programming investment linear programming model linear programming problem LP Relaxation management science Management Scientist manufacturing Markov process matrix maximize minimize moving average node number of units objective function coefficient obtain optimal solution order quantity output pairwise comparison payoff period portfolio priority level probability distribution production profit contribution provides range of optimality right-hand side schedule selected sensitivity analysis shown in Figure shows simplex method simplex tableau simulation model slack variables solve standard bags Step surplus variable Table tion total cost waiting line model worksheet zero