Managerial Decision Modeling: Business Analytics with Spreadsheets

This book fills a void for a balanced approach to spreadsheet-based decision modeling.\n\nIn 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 12Excel files for each chapter Excel modules for Windows Excel modules for Mac4th edition erratacan be found at https://www.degruyter.com/view/product/486941Additional ISBNs9781501506208Managerial Decision Modeling: Business Analytics with Spreadsheets 1st Edition is written by Nagraj (Raju) Balakrishnan; Barry Render; Ralph Stair; Charles Munson and published by De Gruyter. ISBNs for Managerial Decision Modeling are 9781501506314, 1501506315 and the print ISBNs are 9781501515101, 1501515101. Additional ISBNs include 9781501506208.