This text emphasizes balancing the theory behind decision modeling and the use of spreadsheets to easily set up and solve these models. From a managerial is to gain insight into the problem, not the detailed mechanics of the solution process.
Features * Each decision modeling technique is presented in a three step framework: 1.Formulation/problem setup, 2. model solution, and 3. interpretation of the results * Numerous screen captures of Excel outputs with detailed callouts explaining the important entries are presented in all chapters. * Includes a brief introduction to Excel as an appendix. * Numerous end-of-chapter exercises that are rigorous and better suited to a computer based solution environment.
Table Of Contents * Introduction to Managerial Decision Modeling * Linear Programming Models: Graphical and Computer Methods * Linear Programming Modeling Applications with Computer Analyses in Excel * Linear Programming Sensitivity Analysis * Transportation, Assignment, and Network Models * Integer, Goal, and Nonlinear Programming Models * Project Management * Decision Analysis * Queuing Models * Simulation Modeling * Forecasting Models * Inventory Control Models