Managerial Decision Modeling With Spreadsheets - Hardcover

Balakrishnan, Nagraj; Render, Barry; Stair, Ralph M.

Hardcover

ISBN 10: 013226806X ISBN 13: 9780132268066

Publisher: Pearson College Div, 2006

Synopsis

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.

About this title

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.

Edition details

• Publisher: Pearson College Div
• Publication date: 2006
• ISBN 10: 013226806X
• ISBN 13: 9780132268066
• Binding: Hardcover
• Language: English
• Edition number: 2
• Number of pages: 651