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Management Decision Making: Spreadsheet Modeling, Analysis, and Applications (with CD-ROM)
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Author: George E. Monahan
List Price: $70.00
Our Price: Click to see the latest and low price
ISBN: 0521781183
Publisher: Cambridge University Press (15 January, 2000)
Edition: Hardcover
Sales Rank: 311,882
Average Customer Rating: 5 out of 5
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Customer ReviewsRating: 5 out of 5
College text that is valuable to working professionals
This college-level text is also useful to business and IT professionals because it provides a refresher for decision techniques that are the foundation of a number of disciplines. The book is divided into two parts: (1) deterministic methods, mainly focused on linear programming and optimization, and (2) probability and queuing.What makes this book valuable to the practicing professional is that it uses one of the most common business tools, Microsoft Excel, and shows how to apply this tool to real world problems. The accompanying CD ROM comes with TreePlan for developing decision trees and CrystalBall for Monte Carlo simulation, as well as workbooks that are used to support the plethora of realistic examples used throughout the book. Although the book is business-oriented and better suited for operations analysis and MBA students and practitioners, I've used it as a reference for project planning, computer system capacity planning and performance analysis, and IT security risk management - these practical uses of the material show the value of the book in the real world. The supporting web site that the author maintains has materials for lesson plans, errata and additional resources that make this book particularly valuable for the academic and business environments.
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