Quantitative Methods for Business

by ANDERSON/SWEENEY/WILLIAMS

• ISBN13: 9780538876018
• ISBN10: 0538876018
• Format: Hardcover
• Copyright: 1997-07-28
• Publisher: South-Western College Pub

Summary

This revision of the classic Quantitative Methods for Business is designed to provide students with a conceptual understanding of the role that quantitative methods play in the decision making process. The text describes the many quantitative methods that have been developed over the years, explains how they work, and shows how the decision maker can apply and interpret data. Written with the non-mathematician in mind, it is applications oriented, In each chapter a problem is described in conjunction with the quantitative procedure being introduced. This approach motivates the student by demonstrating how the procedure works and how it contributes to the decision-making process.

Author Biography

David R. Anderson is Professor of Quantitative Analysis in the College of Business Administration at the University of Cincinnati Dennis J. Sweeney is Professor of Quantitative Analysis and Director of the Center for Productivity Improvement at the University of Cincinnati Thomas A. Williams is Professor of Management Science in the College of Business at Rochester Institute of Technology

Table of Contents

Chapter 1 Introduction	1	(28)
Chapter 2 Introduction to Probability	29	(30)
Chapter 3 Probability Distributions	59	(40)
Chapter 4 Decision Analysis	99	(46)
Chapter 5 Utility and Decision Making	145	(18)
Chapter 6 Forecasting	163	(56)
Chapter 7 Linear Programming: The Graphical Method	219	(60)
Chapter 8 Linear Programming: Formulation, Computer Solution, and Interpretation	279	(52)
Chapter 9 Linear Programming Applications	331	(68)
Chapter 10 Transportation, Assignment, and Transshipment Problems	399	(48)
Chapter 11 Integer Linear Programming	447	(42)
Chapter 12 Project Scheduling: PERT/CPM	489	(42)
Chapter 13 Inventory Management: Independent Demand	531	(54)
Chapter 14 Inventory Management: Dependent Demand	585	(28)
Chapter 15 Waiting Line Models	613	(40)
Chapter 16 Simulation	653	(52)
Chapter 17 Markov Processes	705	(26)
Chapter 18 Multicriteria Decision Problems	731	(40)
Appendix A--D	771	(16)
References and Bibliography	787	(4)
Answers to Even-Numbered Problems	791	(11)
Solutions to Self-Test Problems	802	(23)
Index	825