Browse All Chapters of This Textbook
Chapter 2 - Introduction To Spreadsheet ModelingChapter 2.4 - Breakeven AnalysisChapter 2.5 - Ordering With Quantity Discounts And Demand UncertaintyChapter 2.6 - Estimating The Relationship Between Price And DemandChapter 2.7 - Decisions Involving The Time Value Of MoneyChapter 3 - Introduction To Optimization ModelingChapter 3.6 - Infeasibility And UnboundednessChapter 3.7 - A Larger Product Mix ModelChapter 3.8 - A Multiperiod Production ModelChapter 4 - Linear Programming Models
Chapter 4.2 - Advertising ModelsChapter 4.3 - Employee Scheduling ModelsChapter 4.4 - Aggregate Planning ModelsChapter 4.5 - Blending ModelsChapter 4.6 - Production Process ModelsChapter 4.7 - Financial ModelsChapter 4.8 - Data Envelopment Analysis (dea)Chapter 5 - Network ModelsChapter 5.2 - Transportation ModelsChapter 5.3 - Assignment ModelsChapter 5.4 - Other Logistics ModelsChapter 5.5 - Shortest Path ModelsChapter 6 - Optimization Models With Integer VariablesChapter 6.3 - Capital Budgeting ModelsChapter 6.4 - Fixed-cost ModelsChapter 6.5 - Set-covering And Location-assignment ModelsChapter 6.6 - Cutting Stock ModelsChapter 7 - Nonlinear Optimization ModelsChapter 7.3 - Pricing ModelsChapter 7.4 - Advertising Response And Selection ModelsChapter 7.5 - Facility Location ModelsChapter 7.6 - Models For Rating Sports TeamsChapter 7.7 - Portfolio Optimization ModelsChapter 7.8 - Estimating The Beta Of A StockChapter 8 - Evolutionary Solver: An Alternative Optimization ProcedureChapter 8.3 - Introduction To Evolutionary SolverChapter 8.4 - Nonlinear Pricing ModelsChapter 8.5 - Combinatorial ModelsChapter 8.6 - Fitting An S-shaped CurveChapter 8.7 - Portfolio OptimizationChapter 8.8 - Cluster AnalysisChapter 8.9 - Discriminant AnalysisChapter 8.10 - The Traveling Salesperson ProblemChapter 9 - Decision Making Under UncertaintyChapter 9.2 - Elements Of Decision AnalysisChapter 9.3 - One-stage Decision ProblemsChapter 9.4 - The Precision Tree Add-inChapter 9.5 - Multistage Decision ProblemsChapter 9.6 - The Role Of Risk AversionChapter 10 - Introduction To Simulation ModelingChapter 10.2 - Probability Distributions For Input VariablesChapter 10.4 - Simulation With Built-in Excel ToolsChapter 10.5 - Introduction To @riskChapter 10.6 - The Effects Of Input Distributions On ResultsChapter 11 - Simulation ModelsChapter 11.2 - Operations ModelsChapter 11.3 - Financial ModelsChapter 11.4 - Marketing ModelsChapter 11.5 - Simulating Games Of ChanceChapter 12 - Inventory And Supply Chain ModelsChapter 12.4 - Economic Order Quantity (eoq)Chapter 12.5 - Probabilistic Inventory ModelsChapter 13 - Queueing ModelsChapter 13.3 - The Exponential DistributionChapter 13.4 - Important Queueing RelationshipsChapter 13.5 - Analytic Steady-state Queueing ModelsChapter 14 - Regression And Forecasting ModelsChapter 14.3 - Simple Regression ModelsChapter 14.4 - Multiple Regression ModelsChapter 14.6 - Moving Averages ModelsChapter 14.7 - Exponential Smoothing Models
Book Details
Geared entirely to Excel 2013, PRACTICAL MANAGEMENT SCIENCE uses an active-learning approach and realistic problems to help you take full advantage of the power of spreadsheet modeling. The text presents just the right amount of theory to ensure you understand the foundation of the topic, followed by exercises that give you practical, hands-on experience with the methodologies. Drawing examples and problems from finance, marketing, operations management, and other areas, the text illustrates how management science applies to your chosen profession--and how you can use it on the job. The authors emphasize modeling over algebraic formulations and memorization of particular models. The text includes access to Palisade DecisionTools Suite (BigPicture, @RISK, PrecisionTree, StatTools, TopRank, NeuralTools, and Evolver) as well as SolverTable, which allows you to do sensitivity analysis on optimization models.
Sample Solutions for this Textbook
We offer sample solutions for Practical Management Science homework problems. See examples below:
Chapter 2, Problem 20PDetermine the daily production plan which would minimize the cost of meeting the daily demand of the...Model: Solver input: The solver input is selected from under the “Data” tab in Excel and the input...Determine the number of students in districts from each community: Determine the busing distance:...Model: The values in the above table are in millions. Formulae to determine the model: Solver...Model Formula: Solver input:Model: Formulae to determine the model: Solver parameter:Formulae to determine the above table:Chapter 10, Problem 29P
Formulae to determine the above table: Output results: The following table is attained by running...Model: Formula: Data table to calculate the reorder point for different lead times: Cells A15 to B18...The economic order quantity (EOQ) is given by the formula: Q=2×k×Dhwhere:'k' is the setup cost.'D'...Model: Formulae to determine the model: Three postal windows should be opened in order to minimize...Data: Formulae to determine the data: Regression using StatTools: Regression and classification from...
More Editions of This Book
Corresponding editions of this textbook are also available below:
PRACTICAL MGT. SCIENCE (LL)-W/MINDTAP
6th Edition
ISBN: 9781337610278
EBK PRACTICAL MANAGEMENT SCIENCE
6th Edition
ISBN: 8220106720523
Practical Management Science
6th Edition
ISBN: 9781337406659
Practical Management Science
6th Edition
ISBN: 9781337671989
Practical Management Science (with Essential Textbook Resources Printed Access Card)
4th Edition
ISBN: 9781111531317
Practical Management Science
4th Edition
ISBN: 9781133387763
Practical Management Science, Loose-leaf Version
5th Edition
ISBN: 9781305631540
Practical Management Science
5th Edition
ISBN: 9781305734845
EBK PRACTICAL MANAGEMENT SCIENCE
5th Edition
ISBN: 9780100655065
EBK PRACTICAL MANAGEMENT SCIENCE
5th Edition
ISBN: 8220100655067
PRACTICAL MANAGEMENT SCIENCE-TEXT ONLY
3rd Edition
ISBN: 2810006995792
PRACTICAL MANAGEMENT SCIENCE (CUSTOM)
5th Edition
ISBN: 9781337459112
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