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Managerial Decision Modeling with Spreadsheets and Student CD Package (2nd Edition) [Hardcover]

Nagraj Balakrishnan , Barry Render , Ralph M. Stair

Price: CDN$ 241.70 & FREE Shipping. Details
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Book Description

Feb. 2 2006 013226806X 978-0132268066 2

Filling a void for a balanced approach to spreadsheet based decision modeling, this volume builds on the traditions and strengths of Render and Stair's Quantitative Methods for Management, a recognized and proven leader in teaching decision modeling. In addition to using spreadsheets as a tool to quickly set up and solve decision models, the authors teach 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.

For anyone looking for a balanced approach to spreadsheet based decision modeling.


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Product Description

From the Back Cover

 

 

 

 

 

 

Prentice Hall Decision Science has a long history of publishing market-defining, leading- edge textbooks. This proud tradition continues with this exciting new edition of Balakrishnan/Render/Stair’s Managerial Decision Modeling with Spreadsheets, 2nd Edition. In this spreadsheet modeling text the authors first discuss the algebraic model so that the student can understand the logic and rationale behind the decision model.  The spreadsheet implementation then closely follows the algebraic model for ease of understanding.

 

Balakrishnan, Render and Stair continue to set the standard with:

  • Increased Quantity and Range of End-of-Chapter Exercises and Problems —  Many of these exercises and problems include multi-part questions, providing a richer pool of questions from which to select, and making them better suited to a computer-based solution environment.
  • Inclusion of Several New Decision Models — Now includes coverage of new decision models such as make-buy problems and allocation problems (in Linear Programming), min-max and max-min problems (in Network Models), set covering problems (in Binary Integer Programming), and additive decomposition problems (in Forecasting).
  • Expanded discussions in the following topical areas —Simulation, Regression, LP Formulation, Integer and Nonlinear Programming, and Utility Theory.

More information about this text and our entire list can be found on the web at www.prenhall.com/decisionscience.

 

 

Bookstores: To order this text, please use this isbn 013-226806-X.

Please contact your PH Rep for more packaging information or visit us on the web at www.prenhall.com/decisionscience

 

Students: Additional resources to enhance your understanding of the text material may be found on the text website at www.prenhall.com/balakrishnan.

About the Author

Nagraj (Raju) Balakrishnan is Professor and Graduate Coordinator in the Department of Management at Clemson University. He holds Bachelors and Masters degrees in Mechanical Engineering from the University of Madras (India) and the University of Kentucky respectively, and a Ph.D. in Management from Purdue University. He previously taught at Tulane University.

 

Dr. Balakrishnan teaches courses in spreadsheet-based Decision Modeling, Business Statistics, Production and Operations Management, and Project Management. He has won several awards for teaching excellence both at Clemson and at Tulane. At Clemson, these include the MBA Professor of the Year award and the College of Business Graduate Teaching Excellence award (twice). He has also taught in Tulane University’s Executive MBA program.

 

Dr. Balakrishnan’s current research focuses on production scheduling, capacity allocation models, and problems related to configurations of supply chains. His articles have been published in leading academic journals such as Decision Sciences, Production and Operations Management, European Journal of Operational Research, Naval Research Logistics, IIE Transactions, Networks, and Computers & Operations Research. He serves as a Senior Departmental Editor of Production and Operations Management, Online Editor for the Production and Operations Management Society, and is the recipient of several awards for his research publications including Best Paper awards from the Decision Sciences Institute and the Institute of Industrial Engineers, the Clemson Department of Management Award for Scholarly Achievement, and the Clemson Board of Trustees Award for Faculty Excellence.

 

Dr. Balakrishnan is very active in writing proposals and has authored or co-authored successful grant proposals totaling over $400,000 from the National Science Foundation and other funding agencies. Several of these have been in collaboration with faculty from the College of Engineering and Sciences at Clemson University.

 

Dr. Balakrishnan lives in Clemson, SC with his wife Meena, son Nitin, and daughter Nandita. He enjoys traveling and Indian light music, and is an avid racquetball player.


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Amazon.com: 4.3 out of 5 stars  10 reviews
11 of 11 people found the following review helpful
5.0 out of 5 stars Good for the real world too March 2 2007
By Lee - Published on Amazon.com
Format:Hardcover
This book was meant for use within a university classroom setting.

Surprisingly, unlike most textbooks, you can actually use this book in the real world. For example, a lot of business plan books and articles casually mention business forecasting. Unfortunately, the large majority of them barely mention any details on how to construct them. Well this book covers it in depth. As for other applications with the use of MS Excel, the book will show you the optimal amount of money you should put down into a select number of investments, how to perform project scheduling (with out MS Project), and the list goes on....

This is a good book.
1 of 1 people found the following review helpful
4.0 out of 5 stars Excel with linear programming Feb. 25 2011
By Kenneth A. Cudnik - Published on Amazon.com
Format:Hardcover|Verified Purchase
this seems to be the only book for linear programming that everyone wants to use since 2006. The resale on the used market is always strong. I used this book already for a previous class and am currently using it again. The examples are very complete. Along with the CD examples, you can learn LP with no problems just from the examples, just work with it, play with the example programs and you can figure it out
5.0 out of 5 stars Very good condition, came on time, included working CD Feb. 7 2014
By Jason Freeman - Published on Amazon.com
Format:Hardcover|Verified Purchase
If you have to rent this book, it's worth the few bucks you have to pay, because it's really useful in Linear Programming and Optimization
5.0 out of 5 stars Good book June 13 2013
By David Connelly - Published on Amazon.com
Format:Hardcover|Verified Purchase
This was a good book I used it a couple semesters ago I really learned a lot from it... Its an older version but it works
2.0 out of 5 stars After compared many sellers, I decided to purchase it ... Aug. 19 2014
By rongxin zhu - Published on Amazon.com
Format:Hardcover|Verified Purchase
After compared many sellers, I decided to purchase it because it came with CD. But all I received just the textbook itself. It is too much by book itself.

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