Introduction to Management Science, 3e

by Lee, Sang M.; Olson, David L.

• ISBN13: 9780324415995
• ISBN10: 0324415990
• Edition: 3rd
• Format: Hardcover
• Copyright: 2005-07-11
• Publisher: Cengage Learning

Summary

The purpose of this text is to provide the student with a comprehensive coverage of how management science concepts and approaches can be applied to improve management decision-making. The emphasis is on the translation of mathematical modeling concepts into a presentation that is palatable to the undergraduate student of business with limited mathematical background. Manage¬ment science topics are introduced by presenting realistic, practical examples in the form of small case studies. Difficult techniques are presented within the framework of working examples, stressing an intuitive understanding of concepts in the decision support perspective rather than focusing on mathematical techniques for their own sake.

Table of Contents

Introduction

The Role of Management Science

Modeling in Management Science

Optimization Models

Introduction to Linear Programming

Simplex Method of Linear Programming

Duality , Sensitivity Analysis, and Computer Solutions of Linear Programming

Integer and Zero-one Programming

Goal Programming

The Transportation Problem

The Assignment Problem

Network Models

Nonlinear Programming

Other Quantitative Techniques

Project Planning with PERT and CPM

Decision Theory

Analytic Hierarchy Process

Inventory Models

Waiting Line (Queuing) Models

Dynamic Programming

Simulation

Forecasting

Markov Analysis

Relationship to Information Systems

Management Science Implementation and Decision Support Systems

Poisson Probability Values

Values of e x and e ?x

Values of Po for Various Combinations of

Area Under the Standard Normal Curve

Table of Random Numbers

Author Index

Topic Index

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