Introduction to Management Science with Student CD, 9/E
ISBN-10: 0131888099
ISBN-13: 9780131888098
Publisher: Prentice Hall
Copyright: 2007
Format: Cloth Bound w/CD-ROM; 800 pp
Published: 02/01/2006
Status: Out of Print

Description
For undergraduate or MBA courses in Management Science, Quantitative Methods, and Decision Modeling.
This text focuses on using simple, straightforward explanations and examples with step-by-step details of the modeling and solution techniques to make these mathematical topics less complex.
Features
Do your students generally have trouble understanding the quantitative techniques as they are presented in the book you are using now? How do you judge if a book if accessible? Do you find students learn material better when they can digest content material in bit sized chunks?
What topics do you cover in your course?
Comprehensive coverage and flexible organization. Taylor is very comprehensive and includes virtually all management topics an adopter would want in either the text or the supplementary modules on the CD that accompanies the text.
Accommodates instructors with a broad range of management science course structures and worked examples in the narrative and at the end of each chapter.
What type of examples do you use to motivate students? Do you have trouble relating the quantitative techniques in this course to the real world? Do your students have trouble seeing the relevance of the quantitative techniques?
How do you prefer your students do their homework assignments — manually or using software?
Do you like to have a large pool of homework problems ranging from easy to difficult to assign to your students?
Gives students the hands-on practice they need.
What different types of software do you use to in your course?
Provides instructor and students with various, easy-to-use, computer software options for class assignments and homework problems.
Do you include the simplex method in your linear programming coverage?
Uses both Excel and QM for Windows to solve LP in the text. The CD that accompanies the text has a module that covers the simplex method in depth, and solves all examples in the main text with the simplex method. Additional modules are included on the CD for the manual (i.e., mathematical) solution of Transportation and Assignment problems, Integer Programming problems, Nonlinear Programming problems, Game Theory and Markov Analysis.
Provides lots of flexibility depending on the instructors methods of choice
This text is available for personalization in the PHCBR custom database program. Select only the chapters you require or supplement with recommended case studies all under one cover. CLICK HERE to go directly to the PHCBR book-build site or visit our product page for additional information at pearsoncustom.com/business.
New To This Edition
Table of Contents
1. Management Science
The Management Science Approach to Problem Solving
Model Building: Break-Even Analysis
Computer Solution
Management Science Modeling Techniques
Business Usage of Management Science
2. Linear Programming: Model Formulation and Graphical Solution
Model Formulation
A Maximization Model Example
Graphical Solutions of Linear Programming Methods
A Minimization Model Example
Irregular Types of Linear Programming Problems
Characteristics of Linear Programming Problems
3. Linear Programming: Computer Solution and Sensitivity Analysis
Computer Solution
Sensitivity Analysis
4. Linear Programming: Modeling Examples
A Product Mix Example
A Diet Example
An Investment Example
A Marketing Example
A Transportation Example
A Blend Example
A Multiperiod Scheduling Example
A Data Envelopment Analysis Example
5. Integer Programming
Integer Programming Models
Integer Programming Graphical Solution
Computer Solution of Integer Programming Problems with Excel and QM for Windows
0-1 Integer Programming Modeling Examples
6. Transportation, Transshipment, and Assignment Problems
The Transportation Model
The Transshipment Model
The Assignment Model
Computer Solution of the Assignment Problem
7. Network Flow Models
Network Components
The Shortest Route Problem
The Minimal Spanning Tree Problem
The Maximal Flow Problem
8. Project Management
The Elements of Project Management
Project Networks
Probabilistic Activity Times
Activity-on-Node Networks and Microsoft Project
Project Crashing and Time-Cost Trade-Off
Formulating the CPM/PERT Network as a Linear Programming Model
9. Multicriteria Decision Making
Goal Programming
Graphical Interpretation of Goal Programming
Computer Solution of Goal Programming Problems with QM for Windows and Excel
The Analytical Hierarchy Process
Scoring Model
10. Nonlinear Programming
Nonlinear Profit Analysis
Constrained Optimization
Solution of Nonlinear Programming Problems with Excel
A Nonlinear Programming Model with Multiple Constraints
Nonlinear Model Examples
11. Probability and Statistics
Types of Probability
Fundamentals of Probability
Statistical Independence and Dependence
Expected Value
The Normal Distribution
12. Decision Analysis
Components of Decision Making
Decision Making without Probabilities
Decision Making with Probabilities
Utility
13. Queuing Analysis
Elements of Waiting Line Analysis
The Single-Server Waiting Line System
Undefined and Constant Service times
Finite Queue Length
Finite Calling Population
The Multiple-Server Waiting Line
Additional Types of Queuing Systems
14. Simulation
The Monte Carlo Process
Computer Simulation with Excel Spreadsheets
Simulation of a Queuing System
Continuous Probability Distributions
Statistical Analysis of Simulation Results
Crystal Ball
Verification of the Simulation Model
Areas of Simulation Application
15. Forecasting
Forecasting Components
Time Series Methods
Forecast Accuracy
Time Series Forecasting Using Excel
Time Series Forecasting Using QM for Windows
Regression Methods
16. Inventory Management
Elements of Inventory Management
Inventory Control Systems
Economic Order Quantity Models
The Basic EOQ Model
The EOQ Model with Noninstantaneous Receipt
The EOQ Model with Shortages
EOQ Analysis with QM for Windows
EOQ Analysis with Excel and Excel QM
Quantity Discounts
Reorder Point
Determining Safety Stocks Using Service Levels
Order Quantity for a Periodic Inventory System
Appendix A
Normal Table
Appendix B
Setting Up and Editing a Spreadsheet
Appendix C
The Poisson and Exponential Distributions
Solutions to Slected Odd-Numbered Problems
Glossary
Index
Photo Credits
CD-ROM Modules
Courses
Operations Research
(Industrial Engineering)
Management Science
(Industrial Engineering)
Management Science/Decision Modeling
[CORE TEXTS]
(Decision Science)
Operations Research
[CORE TEXTS]
(Decision Science)
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