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I recently purchased this book for a graduate-level class. One of the class professors voiced that she uses this book at least weekly in her career (outside of the college) as a project manager for a large construction outfit. I've thumbed through the book and I must say that it covers an unbelievable amount of subject-related matter with examples spanning several areas: banking & finance, distribution & transportation, inventory, marketing, et al. The approaches covered are vast and among others, included are areas such as breakeven analysis, linear programming (normal & simplex), game theory, nonlinear optimization problems, project scheduling with PERT/CRM, waiting line models, forecasting, Markov processes, and dynamic programming. I am looking forward to learning a lot with this book as my companion. Just as the professor finds herself using it frequently, I certainly think I'll be referring to it for quite some time.

1. Study Guide For Management Science Methods

Start studying Management Science Study Guide. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Management science deals with decision making within a managerial context. Be an unsafe guide. The distinctive feature of. Such models are.

Don't let the price scare you. There's a lot of knowledge packed into its 816 pages. It's well worth the investment! This is the only book that you'll need to get started started in this area. The authors have done an excellent job in producing such a work, that takes care to explain all the details of management science.

I used this text for my professional exams (CIMA) and the it was great. All the chapters in this book are cleanly written to take that I doesn't leave anything unexplained. However, the following chapters are the ones that I like the most in this book: 1. Introduction to LP 2. LP: Sensitivity Analysis: Amazing work here. LP Applications: formulation of problems in this chapter may be bit difficult at first, but keep reading and you'll learn and appreciate the work that the authors have put in.

Study Guide For Management Science Methods

LP - Simplex Method: My favorite chapter. Is highly readable. This one chapter alone is worth the book. LP - Simplex Sensitivity. Integer LP 7.

Project Scheduling - Great, well written chapter, another favorite of mine. Decision Analysis - Good but the problems are repetative. Markov Process - An introduction only, but the application of markov process to accounts receivable anlaysis is very useful for anyone wondering about the applications of markov processes.

Overall a great book that is worth its price.