Focusing on the use of mathematical models to solve decision-making problems facing managers, coverage includes linear programming, integer programming, transportation and assignment problems, network flow models, project management, multi-criterial decision making, nonlinear programming, probability and statistics, decision analysis, queuing analysis, simulations, forecasting, and inventory management. Modeling techniques are presented in each chapter and illustrated with step-by-step examples. Complex formulas are kept to a minimum. Taylor teaches at Virginia Polytechnic Institute and State University. Annotation c. Book News, Inc., Portland, OR (booknews.com)
A text for quantitative courses in management science, ideal for students with limited mathematical backgrounds. Learning features include chapter summaries, example problems, questions, exercises, and cases, with selected answers. This sixth edition is reorganized to reflect a clearer split between deterministic and probabilistic topics, and provides optional spreadsheet solutions in most chapters. Other new features include a CD-ROM with commercial software and software templates for use with text examples. The text continues to utilize the publisher's educational software, QM for Windows. Annotation c. by Book News, Inc., Portland, Or.