Essentials of Management Science


By Morten Helbaek & Brock McLellan
December 2010
Pearson Education
Distributed by Trans-Atlantic Publications
ISBN: 9780273725053
248 Pages, Illustrated
$87.50 Paper Original


The study of Management Science, or Operations Research, looks at how mathematically-based models are used to generate optimal solutions for business problems.

This text provides a brief introduction to these models and gives a concise and balanced view of the most widely used applications. The book shows how managers can use scientific ideas and methods to solve business problems, describing a range of examples in everyday use.

Giving students plenty of practice and worked examples of a range of quantitative techniques, the text avoids formal proofs and derivations, concentrating instead on applications in a business context. Where software can assist managers in decision-making, Excel is the package that is most regularly used and therefore examples are given in this format.

Contents:

1. Introduction

2. Linear Programming

3. Integer Programming

4. Transportation and other Network Models

5. Goal and Nonlinear Programming

6. Project Management

7. Decision Theory

8. Queuing Models

9. Simulation

10. Forecasting

11. Inventory Management

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