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Management Science: The Art of Modeling with Spreadsheets, 3rd Edition

John Wiley and Sons Ltd, Oct 2010, Pages: 511


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Now in its third edition, Powell and Baker's Management Science 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.

New to this edition:
- Risk Solver Platform used instead of Crystal Ball, Premium Solver, Sensitivity Toolkit, and Treeplan.
- Use of Excel 2010 to show examples of spreadsheet modeling.
- New Chapter 14 on Evolutionary Solver.
- Revised Chapter 17 on Simulation Optimization.

Features:
- Designed to improve modeling efficiency and modeling effectiveness by focusing on the most important tasks and tools.
- Craft skills of modeling are covered in Chapter 2.
- Spreadsheet engineering and spreadsheet analysis are covered in Chapters 5 and 6.
- Risk Solver Platform for Education is used for optimization (in Chapters 10-14), decision trees (Chapter 15), Monte Carlo simulation (Chapter 16) and the integration of optimization and simulation (Chapter 17).



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