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Hardcover Decision Modeling with Microsoft (R) Excel Book

ISBN: 013017789X

ISBN13: 9780130177896

Decision Modeling with Microsoft (R) Excel

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Format: Hardcover

Condition: Very Good

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Book Overview

This edition contains new chapters on a range of topics including discrete event simulation, implementation, project management, and Monte Carlo simulation. It also includes additional case studies... This description may be from another edition of this product.

Customer Reviews

4 ratings

Excellent book

This book is definitely very advanced and is very clearly written. The approach will:- state (and explain) business problems- explain the rational in choosing the computer tool (despite the title, the book is not entirely focused on Excel).- walk you step by step through the modeling processThe CD contains some valuable tools for advances topics (monte carlo and discrete event simulation). Frontline Systems were alo kind enough to send free of charge an updated version of the premium solver for education (the version on CD is not compatible with Excel 2003).I consider the book a great value and recommend it to anyone who is willing to invest the time to learn from it.

Fasten your seatbelts...

I'll make two separate sets of comments - one for professors and one for students.Students first... This will be a difficult course no matter which textbook you use. Having said that, I would say that the text is about average in terms of readability in comparison to other texts on the subject. There are plenty of realistic cases to illustrate basic decision/ management science concepts, as well as a very useful CD, with which I recommend that you become well-acquainted as the course moves forward. Not much has changed since the last edition, so you may be able to get by with a previous edition if the textbook (authored by Eppen). Be advised, however, that some of the chapter materials have been re-arranged, including the exercises at the end of each chapter.For professors... You are probably already aware that this course can be challenging for the professor as well as the student, esp. with respect to how math-intensive you wish the course to be. I think Moore & Weatherford is an excellent text, but it is written as an advanced graduate text. I have been able to "tone it down" for undergraduates by accompanying it with a nice, soft, theory-oriented text on decision/ management science (featuring the teachings of Herbert Simon and some of the early decision science theorists). The text is accompanied with ample instructor resources including a very useful CD with solutions, decision science software. I would engage the students w/ the CD as early as possible. I have also found that the best exams for this course are take-home exams - give the students some moderately challenging decision models to formulate and solve, and focus your evaluation primarily on how well they are able to interpret the results and propose recommendations for decision makers, and secondarily on whether they were able to get the software to spit out the right answers.

Fast shipment. I ordered on Jan 13 and received on Jan 15.

Very fast shipping. Would buy from again.

The best

This is an excellent book, well respected authors, well written, practical and a good book for MBA students. The emphasis on modelling through spreadsheets makes the book......life
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