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Managerial Decision Modeling with Spreadsheets (3rd Edition) [Hardcover]

Nagraj Balakrishnan , Barry Render , Ralph M. Stair

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Book Description

Dec 31 2011 0136115837 978-0136115830 3

Balakrishnan offers the perfect balance of the decision modeling process and the use of spreadsheets to set up and solve decision models.

 

The third edition has been updated to reflect the latest version of Excel.

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Amazon.com: 3.1 out of 5 stars  7 reviews
4 of 5 people found the following review helpful
5.0 out of 5 stars Outstanding guide to decision modeling Dec 18 2012
By geralds - Published on Amazon.com
Format:Paperback
This book is an outstanding guide to using Excel for decision making. It is one of the very few books that I have read from cover to cover. It does not waste the reader's time with theory, but concentrates on the practical issues. It represents very good value for money.
5.0 out of 5 stars Very informative May 17 2014
By christopher gardner - Published on Amazon.com
Format:Hardcover|Verified Purchase
I like being able to apply mathematical models to improve operations, lower costs, or satisfy customers. This is a good read for anyone.
5.0 out of 5 stars Five Stars July 28 2014
By Susmita Kata - Published on Amazon.com
Format:Hardcover|Verified Purchase
Excellent book.
0 of 1 people found the following review helpful
3.0 out of 5 stars Nice purchase Nov. 4 2013
By Vanessa Leon - Published on Amazon.com
Format:Paperback|Verified Purchase
Great book so far. However, I was expecting the regular edition and thats why I rate it with 3 stars. The book explain very well the complex world of decision modeling. Item arrived as expected
0 of 2 people found the following review helpful
1.0 out of 5 stars Schools should avoid selecting this textbook Nov. 29 2013
By Nelson C. Garcia - Published on Amazon.com
Format:Hardcover
I am an adjunct professor and have used this textbook for the last two semesters. It was a replacement to the second edition that I used for the previous 4 terms. The textbook was chosen by my department.

As a textbook, it is somewhat of a recipe book of spreadsheet techniques. It is adequate, particularly, for online teaching. It is quite inadequate, in my opinion, in teaching students to understand the various theories related to those techniques, but that's where I come in. Based on the content alone, I would rate this textbook as 3 stars.

However, my biggest issue with this textbook and with Pearson is that, immediately upon this edition being released, the instructor's solutions were leaked all over the Internet. I am constantly grading assignments that were cut-and-pasted from the solutions manual. I have lost several students due to academic integrity violations. I got so fed-up that I had to abandon the textbook assignments and write my own. Since the only advantage of the textbook was the clever Excel techniques, and none of the assignments really demonstrate much theoretical knowledge, the lack of academic integrity in the textbook assignments makes the textbook nearly useless for academic instruction. Additionally, the exam bank that comes with this textbook in the instructor resources is full of errors.

If you are an instructor, please try to stay away from this textbook. "Quantitative Methods for Business" by Anderson, Sweeney, Williams, et. al. is a much better textbook, although more expensive.

If you are a student, good luck.

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