Management Science Using Excel
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Management Science Using Excel
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Author : Dr. Isaac Gottlieb
language : en
Publisher: BPB Publications
Release Date : 2023-08-24
Management Science Using Excel written by Dr. Isaac Gottlieb and has been published by BPB Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-08-24 with Computers categories.
A practical guide to using Excel for decision making, forecasting, optimization, and more KEY FEATURES ● Solve a wide range of decision-making problems in operations, finance, and statistics. ● Build and use Excel models to analyze data and make informed decisions. ● Use the Excel Solve function to find the optimal solution to a problem. DESCRIPTION This book on management science serves as a valuable resource for enhancing problem-solving and decision-making skills across various domains, including organizations and business. By reading this book, you will acquire the ability to tackle complex decisions that would otherwise be challenging. The book covers a wide array of techniques, such as profit and performance maximization, Return on Investment (ROI) optimization, as well as cost, time, and risk minimization through tools like Monte Carlo simulations and sensitivity analysis. Throughout the book, you'll come across numerous real-life examples and case studies from diverse fields such as banking, finance, transportation, manufacturing, manpower assignment, scheduling, inventory management, and even food and product mix. The book demonstrates both linear and nonlinear techniques, utilizing Excel Solver for finding solutions. Once you grasp the usage of Solver, you'll be able to apply the learned tools effectively to address problems relevant to your background, experience, and preferences. What sets this book apart is its hands-on approach, leveraging Excel as the primary tool for problem-solving. Rather than relying on complex mathematical formulations and algorithms, you'll learn how to set up and solve problems in a straightforward manner using Excel. WHAT YOU WILL LEARN ● Learn how to set up decision making models on Excel. ● Solve optimization problems in the areas of business and operations. ● Harness the power of the Excel Solver add-in. ● Apply Monte Carlo simulations of risky investments using Excel. ● Learn how to predict future values using Excel forecasting features. WHO THIS BOOK IS FOR This book is for any business or operations practitioner, regardless of their role or experience level. Whether you are an analyst, a business professional, or a student, this book can help you to improve your problem-solving and decision-making skills. TABLE OF CONTENTS 1. Making Better Decisions with Management Science 2. Exploring Management Science Optimization Techniques 3. Unleash the Power of Excel’s Solver for Optimizations 4. Optimize Product Mix 5. Investment and Portfolio Optimization with Excel’s Solver 6. The Assignment Problem Challenges and Solutions 7. Solving Transportation Supply Chain Problems 8. Marketing Applications of Optimal Media Mix 9. Integer and Binary Optimization 10. The Scheduling Puzzle 11. Nonlinear Optimization Applied to Inventory and Facility Location 12. Monte Carlo Simulations 13. Simplifying Forecasting Using Excel’s Forecast Sheet Feature 14. Queuing and Waiting Time
Introduction To Management Science
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Author : Frederick Stanton Hillier
language : en
Publisher:
Release Date : 2004-01
Introduction To Management Science written by Frederick Stanton Hillier and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-01 with Management science categories.
Introduction to Management Science, 2e offers a unique case study approach and integrates the use of Excel. Each chapter includes a case study that is meant to show the students a real and interesting application of the topics addressed in that chapter. This most recent revision has been thoroughly updated to be more "user-friendly" and more technologically advanced. These changes include, a completely new chapter on the art of modeling with spreadsheets. This unique chapter goes far beyond anything found in other textbooks and are based on the award winning methodologies used by Mark Hillier in his own course. The technology package has also been greatly enhanced to include, Crystal Ball 2000 (Professional Edition) a Management Science Online Learning Center, and an Excel add-in called Alver Table for performing sensitivity analysis. Crystal Ball is the most popular Excel add-in for computer simulation and includes OptQuest (an optimizer with simulation) as well as a forecasting module. The Management Science Online Learning Center (website) includes several modules that enable students to interactively explore certain management science techniques in depth. Solver Table is an Excel add-in developed by the author to help perform sensitivity analysis systematically, as well as substantially expanded coverage of computer simulation, including Crystal Ball. We now have two chapters on computer simulation instead of one, where the second chapter features the use of Crystal Ball.all.
Applied Statistics For Business And Management Using Microsoft Excel
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Author : Linda Herkenhoff
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-11-26
Applied Statistics For Business And Management Using Microsoft Excel written by Linda Herkenhoff and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-26 with Computers categories.
Applied Business Statistics for Business and Management using Microsoft Excel is the first book to illustrate the capabilities of Microsoft Excel to teach applied statistics effectively. It is a step-by-step exercise-driven guide for students and practitioners who need to master Excel to solve practical statistical problems in industry. If understanding statistics isn’t your strongest suit, you are not especially mathematically-inclined, or if you are wary of computers, this is the right book for you. Excel, a widely available computer program for students and managers, is also an effective teaching and learning tool for quantitative analyses in statistics courses. Its powerful computational ability and graphical functions make learning statistics much easier than in years past. However, Applied Business Statistics for Business and Management capitalizes on these improvements by teaching students and practitioners how to apply Excel to statistical techniques necessary in their courses and workplace. Each chapter explains statistical formulas and directs the reader to use Excel commands to solve specific, easy-to-understand business problems. Practice problems are provided at the end of each chapter with their solutions.
The Science Of Decision Making
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Author : Eric V. Denardo
language : en
Publisher: John Wiley & Sons
Release Date : 2002
The Science Of Decision Making written by Eric V. Denardo and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Computers categories.
Provides the reader with a perspective on the efficient operation of complicated systems. * Spreadsheets are used to employ and teach techniques. * Includes the facets of probability that relate to decision making.
Business Analytics With Management Science Models And Methods
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Author : Arben Asllani
language : en
Publisher: FT Press
Release Date : 2014-11-17
Business Analytics With Management Science Models And Methods written by Arben Asllani and has been published by FT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-11-17 with Business & Economics categories.
Master decision modeling and analytics through realistic examples, intuitive explanations, and tested Excel templates. Business Analytics with Management Science has been designed to help students, practitioners and managers use business analytics to improve decision-making systems. Unlike previous books, it emphasizes the application of practical management science techniques in business analytics. Drawing on 20+ years of teaching and consulting experience, Dr. Arben Asllani introduces decision analytics through realistic examples and intuitive explanations – not complex formulae and theoretical definitions. Throughout, Asllani helps practitioners focus more on the crucial input-output aspects of decision making – and less upon internal model complexities that can usually be "delegated" to software.
The Art Of Modeling With Spreadsheets
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Author : Stephen G. Powell
language : en
Publisher:
Release Date : 2004
The Art Of Modeling With Spreadsheets written by Stephen G. Powell and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Business & Economics categories.
CD ROM contains: "all the spreadsheets referred to in the text, as well as three software tools (Premium Solver, Crystal Ball, Sensitivity Toolkit)."
Management Science
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Author : Powell
language : en
Publisher: Wiley
Release Date : 2013-10-07
Management Science written by Powell and has been published by Wiley this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-07 with Business & Economics categories.
Now in its fourth edition, Powell and Baker’s Management Science: The Art of Modeling with Spreadsheets, 4th Edition provides students and business analysts with the technical knowledge and skill needed to develop real expertise in business modeling. In this book, the authors cover spreadsheet engineering, management science, and the modeling craft. Management Science, 4th Edition provides students and business analysts with the technical knowledge and skill needed to develop real expertise in business modeling. The authors cover spreadsheet engineering, management science, and the modeling craft. The text is designed to improve modeling efficiency and modeling effectiveness by focusing on the most important tasks and tools.
Introductory Management Science
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Author : Floyd Jerome Gould
language : en
Publisher:
Release Date : 1991
Introductory Management Science written by Floyd Jerome Gould and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Business & Economics categories.
Introductory Management Science
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Author : Gary D. Eppen
language : en
Publisher:
Release Date : 1998
Introductory Management Science written by Gary D. Eppen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Business & Economics categories.
This highly-esteemed text introduces readers to the key ideas of modeling and management decision making that will be important to them throughout their careers. Addressing the needs of readers interested in both business administration and decision science careers, the book provides a conceptual foundation for all topics and the role of spreadsheet modeling techniques in the larger context of business decision-making. This text fully integrated Excel spreadsheets. It is packaged with a free CD-ROM which contains the student version of Crystal Ball Software, Excel templates, plus much, much more. Part of JIT program.
Management Science And Decision Technology
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Author : Jeffrey D. Camm
language : en
Publisher: South Western Educational Publishing
Release Date : 2000
Management Science And Decision Technology written by Jeffrey D. Camm and has been published by South Western Educational Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Business & Economics categories.
The focus of this book is on using data and spreadsheet models effectively for the analysis of business problems and decision making. Included are discussions of building good spreadsheet models; data collection, visualization, and statistical analysis; forecasting; optimization using Excel Solver; decision and risk analysis; and simulation using Crystal Ball add-in for Excel and Arena BE. The principal focus is on gaining insight and intuition for better decisions, with applications in operations planning, finance, and marketing.