Management Science

Now in its fourth edition, Powell and Baker s Management Science: The Art of Modeling with Spreadsheets, 4^th Edition provides students and business analysts with the technical knowledge and skill needed to develop real expertise in business modeling. In this book, the authors cover spreadsheet engineering, management science, and the modeling craft. Management Science, 4^th Edition provides students and business analysts with the technical knowledge and skill needed to develop real expertise in business modeling. The authors cover spreadsheet engineering, management science, and the modeling craft. The text is designed to improve modeling efficiency and modeling effectiveness by focusing on the most important tasks and tools.

CHAPTER 1 INTRODUCTION 1

CHAPTER 2 MODELING IN A PROBLEM–SOLVING FRAMEWORK 15

CHAPTER 3 SPREADSHEET ENGINEERING 49

CHAPTER 4 ANALYSIS USING SPREADSHEETS 71

CHAPTER 5 DATA EXPLORATION AND PREPARATION 89

CHAPTER 6 CLASSIFICATION AND PREDICTION METHODS 117

CHAPTER 7 SHORT–TERM FORECASTING 167

CHAPTER 8 NONLINEAR OPTIMIZATION 187

CHAPTER 9 LINEAR OPTIMIZATION 219

CHAPTER 10 OPTIMIZATION OF NETWORK MODELS 257

CHAPTER 11 INTEGER OPTIMIZATION 289

CHAPTER 12 OPTIMIZATION OF NONSMOOTH MODELS 315

CHAPTER 13 DECISION ANALYSIS 337

CHAPTER 14 MONTE CARLO SIMULATION 363

CHAPTER 15 OPTIMIZATION IN SIMULATION 415

MODELING CASES 443

APPENDICES

APPENDIX 1 459

APPENDIX 2 487

APPENDIX 3 495