Managerial Decision Modeling: Business Analytics with Spreadsheets, Fourth Edition

Nagraj (Raju) Balakrishnan; Barry Render; Ralph M. Stair; Charles L. Munson

Book

Managerial Decision Modeling

Business Analytics with Spreadsheets, Fourth Edition

Nagraj (Raju) Balakrishnan , Barry Render , Ralph M. Stair and Charles L. Munson

Language: English

Published/Copyright: 2017

Published by

Become an author with De Gruyter Brill

Explore this Subject How to publish with us

About this book

This book fills a void for a balanced approach to spreadsheet-based decision modeling. In addition to using spreadsheets as a tool to quickly set up and solve decision models, the authors show how and why the methods work and combine the user's power to logically model and analyze diverse decision-making scenarios with software-based solutions. The book discusses the fundamental concepts, assumptions and limitations behind each decision modeling technique, shows how each decision model works, and illustrates the real-world usefulness of each technique with many applications from both profit and nonprofit organizations.

The authors provide an introduction to managerial decision modeling, linear programming models, modeling applications and sensitivity analysis, transportation, assignment and network models, integer, goal, and nonlinear programming models, project management, decision theory, queuing models, simulation modeling, forecasting models and inventory control models.

The additional material files

Chapter 12

Excel files for each chapter

Excel modules for Windows

Excel modules for Mac

4^th edition errata

can be found under Supplementary Materials

Offers complete explanations necessary for understanding concepts and their implementation in spreadsheets
Application-oriented and software-based, with a managerial view of effectively applying models to improve the decision-making process.

Author / Editor information

Nagraj Balakrishnan, University of Michigan, USA, Barry Render, Ralph M. Stair, Jr., Charles L. Munson, Washington State University

Supplementary Materials

additional material

Topics

Frontmatter Publicly Available Download PDF	i
Acknowledgments Requires Authentication Unlicensed Licensed	vii
About the Authors Requires Authentication Unlicensed Licensed	ix
Contents Publicly Available Download PDF	xi
Preface Requires Authentication Unlicensed Licensed	xxi
Chapter 1: Introduction to Managerial Decision Modeling Requires Authentication Unlicensed Licensed	1
Chapter 2: Linear Programming Models: Graphical and Computer Methods Requires Authentication Unlicensed Licensed	33
Chapter 3: Linear Programming Modeling Applications with Computer Analyses in Excel Requires Authentication Unlicensed Licensed	101
Chapter 4: Linear Programming Sensitivity Analysis Requires Authentication Unlicensed Licensed	181
Chapter 5: Transportation, Assignment, and Network Models Requires Authentication Unlicensed Licensed	239
Chapter 6: Integer, Goal, and Nonlinear Programming Models Requires Authentication Unlicensed Licensed	303
Chapter 7: Project Management Requires Authentication Unlicensed Licensed	383
Chapter 8: Decision Analysis Requires Authentication Unlicensed Licensed	449
Chapter 9: Queuing Models Requires Authentication Unlicensed Licensed	509
Chapter 10: Simulation Modeling Requires Authentication Unlicensed Licensed	565
Chapter 11: Forecasting Models Requires Authentication Unlicensed Licensed	647
Appendix A: Probability Concepts and Applications Requires Authentication Unlicensed Licensed	731
Appendix B: Useful Excel 2016 Commands and Procedures for Installing ExcelModules Requires Authentication Unlicensed Licensed	767
Appendix C: Areas Under The Standard Normal Curve Requires Authentication Unlicensed Licensed	787
Appendix D: Brief Solutions to All Odd-Numbered End-Of-Chapter Problems Requires Authentication Unlicensed Licensed	789
Index Requires Authentication Unlicensed Licensed	795

Publishing information

Pages and Images/Illustrations in book

eBook published on:

August 7, 2017

eBook ISBN:

9781501506208

Paperback published on:

August 7, 2017

Paperback ISBN:

9781501515101

Edition:

4th ed.

Pages and Images/Illustrations in book

Front matter:

24

Main content:

804

Coloured Illustrations:

122

Coloured Line drawings:

213

Tables:

89

https://doi.org/10.1515/9781501506208

eBook ISBN: 9781501506208

Paperback ISBN: 9781501515101

Keywords for this book

Decision modeling; Excel modeling; Linear programming; Decision science; Quantitative analysis

Audience(s) for this book

College courses and individuals looking for a balanced approach to spreadsheet-based decision modeling

Safety & product resources

Manufacturer information:
Walter de Gruyter GmbH
Genthiner Straße 13
10785 Berlin
productsafety@degruyterbrill.com

Managerial Decision Modeling

Overview

About this book

Author / Editor information

Supplementary Materials

Topics

Table of contents

Bibliographic data