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Author : Paul N. Finlay
Publisher : Taylor & Francis
ISBN 13 : 9780709910503
Total Pages : 302 pages
Book Rating : 4.9/5 (15 download)
Download or read book Mathematical Modelling in Business Decision-making written by Paul N. Finlay and published by Taylor & Francis. This book was released on 1985 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Idemudia, Efosa Carroll
Publisher : IGI Global
ISBN 13 : 1799833534
Total Pages : 459 pages
Book Rating : 4.7/5 (998 download)
Download or read book Handbook of Research on IT Applications for Strategic Competitive Advantage and Decision Making written by Idemudia, Efosa Carroll and published by IGI Global. This book was released on 2020-06-05 with total page 459 pages. Available in PDF, EPUB and Kindle. Book excerpt: To date, a plethora of companies and organizations are investing vast amounts of money on the latest technologies. Information technology can be used to improve market share, profits, sales, competitive advantage, and customer/employee satisfaction. Unfortunately, the individuals meant to use these technologies are not well equipped on how to effectively and efficiently use these tools for competitive advantage and decision making. The Handbook of Research on IT Applications for Strategic Competitive Advantage and Decision Making is a collection of innovative research relevant to the methodologies, theoretical frameworks, and latest empirical research findings in information technology applications, strategic competitive advantage, and decision making. While highlighting topics including agility, knowledge management, and business intelligence, this book is ideally designed for information technology professionals, academics, researchers, managers, executives, and government officials interested in using information technology for strategic competitive advantage and better decision making.
Author : William P. Fox
Publisher : CRC Press
ISBN 13 : 1351368249
Total Pages : 430 pages
Book Rating : 4.3/5 (513 download)
Download or read book Mathematical Modeling for Business Analytics written by William P. Fox and published by CRC Press. This book was released on 2017-12-15 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mathematical Modeling for Business Analytics is written for decision makers at all levels. This book presents the latest tools and techniques available to help in the decision process. The interpretation and explanation of the results are crucial to understanding the strengths and limitations of modeling. This book emphasizes and focuses on the aspects of constructing a useful model formulation, as well as building the skills required for decision analysis. The book also focuses on sensitivity analysis. The author encourages readers to formally think about solving problems by using a thorough process. Many scenarios and illustrative examples are provided to help solve problems. Each chapter is also comprehensively arranged so that readers gain an in-depth understanding of the subject which includes introductions, background information and analysis. Both undergraduate and graduate students taking methods courses in methods and discrete mathematical modeling courses will greatly benefit from using this book. Boasts many illustrative examples to help solve problems Provides many solutions for each chapter Emphasizes model formulation and helps create model building skills for decision analysis Provides the tools to support analysis and interpretation
Author : William P. Fox
Publisher : CRC Press
ISBN 13 : 1351368230
Total Pages : 336 pages
Book Rating : 4.3/5 (513 download)
Download or read book Mathematical Modeling for Business Analytics written by William P. Fox and published by CRC Press. This book was released on 2017-12-15 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mathematical Modeling for Business Analytics is written for decision makers at all levels. This book presents the latest tools and techniques available to help in the decision process. The interpretation and explanation of the results are crucial to understanding the strengths and limitations of modeling. This book emphasizes and focuses on the aspects of constructing a useful model formulation, as well as building the skills required for decision analysis. The book also focuses on sensitivity analysis. The author encourages readers to formally think about solving problems by using a thorough process. Many scenarios and illustrative examples are provided to help solve problems. Each chapter is also comprehensively arranged so that readers gain an in-depth understanding of the subject which includes introductions, background information and analysis. Both undergraduate and graduate students taking methods courses in methods and discrete mathematical modeling courses will greatly benefit from using this book. Boasts many illustrative examples to help solve problems Provides many solutions for each chapter Emphasizes model formulation and helps create model building skills for decision analysis Provides the tools to support analysis and interpretation
Author : Harvey J. Greenberg
Publisher : Springer Science & Business Media
ISBN 13 : 3642835554
Total Pages : 740 pages
Book Rating : 4.6/5 (428 download)
Download or read book Mathematical Models for Decision Support written by Harvey J. Greenberg and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 740 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is quite an onerous task to edit the proceedings of a two week long institute with learned contributors from many parts of the world. All the same, the editorial team has found the process of refereeing and reviewing the contributions worthwhile and completing the volume has proven to be a satisfying task. In setting up the institute we had considered models and methods taken from a number of different disciplines. As a result the whole institute - preparing for it, attending it and editing the proceedings - proved to be an intense learning experience for us. Here I speak on behalf of the committee and the editorial team. By the time the institute took place, the papers were delivered and the delegates exchanged their views, the structure of the topics covered and their relative positioning appeared in a different light. In editing the volume I felt compelled to introduce a new structure in grouping the papers. The contents of this volume are organised in eight main sections set out below: 1 . Abstracts. 2. Review Paper. 3. Models with Multiple Criteria and Single or Multiple Decision Makers. 4. Use of Optimisation Models as Decision Support Tools. 5. Role of Information Systems in Decision Making: Database and Model Management Issues. 6. Methods of Artificial Intelligence in Decision Making: Intelligent Knowledge Based Systems. 7. Representation of Uncertainty in Mathematical Models and Knowledge Based Systems. 8. Mathematical Basis for Constructing Models and Model Validation.
Author : Edward A. Bender
Publisher : Courier Corporation
ISBN 13 : 0486137120
Total Pages : 273 pages
Book Rating : 4.4/5 (861 download)
Download or read book An Introduction to Mathematical Modeling written by Edward A. Bender and published by Courier Corporation. This book was released on 2012-05-23 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Employing a practical, "learn by doing" approach, this first-rate text fosters the development of the skills beyond the pure mathematics needed to set up and manipulate mathematical models. The author draws on a diversity of fields — including science, engineering, and operations research — to provide over 100 reality-based examples. Students learn from the examples by applying mathematical methods to formulate, analyze, and criticize models. Extensive documentation, consisting of over 150 references, supplements the models, encouraging further research on models of particular interest. The lively and accessible text requires only minimal scientific background. Designed for senior college or beginning graduate-level students, it assumes only elementary calculus and basic probability theory for the first part, and ordinary differential equations and continuous probability for the second section. All problems require students to study and create models, encouraging their active participation rather than a mechanical approach. Beyond the classroom, this volume will prove interesting and rewarding to anyone concerned with the development of mathematical models or the application of modeling to problem solving in a wide array of applications.
Author : Nagraj (Raju) Balakrishnan
Publisher : Walter de Gruyter GmbH & Co KG
ISBN 13 : 1501506315
Total Pages : 1009 pages
Book Rating : 4.5/5 (15 download)
Download or read book Managerial Decision Modeling written by Nagraj (Raju) Balakrishnan and published by Walter de Gruyter GmbH & Co KG. This book was released on 2017-08-07 with total page 1009 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book fills a void for a balanced approach to spreadsheet-based decision modeling. In addition to using spreadsheets as a tool to quickly set up and solve decision models, the authors show how and why the methods work and combine the user's power to logically model and analyze diverse decision-making scenarios with software-based solutions. The book discusses the fundamental concepts, assumptions and limitations behind each decision modeling technique, shows how each decision model works, and illustrates the real-world usefulness of each technique with many applications from both profit and nonprofit organizations. The authors provide an introduction to managerial decision modeling, linear programming models, modeling applications and sensitivity analysis, transportation, assignment and network models, integer, goal, and nonlinear programming models, project management, decision theory, queuing models, simulation modeling, forecasting models and inventory control models. The additional material files Chapter 12 Excel files for each chapter Excel modules for Windows Excel modules for Mac 4th edition errata can be found at https://www.degruyter.com/view/product/486941
Author : William P. Fox
Publisher :
ISBN 13 : 9781032726915
Total Pages : 0 pages
Book Rating : 4.7/5 (269 download)
Download or read book Decision Analysis Through Modeling and Game Theory written by William P. Fox and published by . This book was released on 2024-11-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique book presents decision analysis in the context of mathematical modeling and game theory. The author emphasizes and focuses on the model formulation and modeling building skills required for decision analysis, as well as the technology to support the analysis. The primary objective of this book is illustrative in nature. It sets the tone through the introduction to mathematical modeling. The text provides a process for formally thinking about the problem and illustrates many scenarios and illustrative examples. These techniques and this approach center on the fact (a) decision makers at all levels must be exposed to the tools and techniques available to help them in the decision process (b) decision makers as well as analysts need to have and use technology to assist in the entire analysis process, (c) the interpretation and explanation of the results are crucial to understanding the strengths and limitations of modeling, and (d) the interpretation and use of sensitivity analysis is essential. The book begins with a look at decision making methods, including probability and statistics methods under risk of uncertainty. It moves to linear programming and multi-attribute decision making methods as a discussion of weighting methods. Game theory is introduced through conflict games and zero-sum or constant sum games. Nash equilibriums are next, followed by utility theory. Evolutionary stable strategies lead to Nash arbitration and cooperation methods and N-person methods presented for both total and partial conflict games. Several real-life examples and case studies using game theory, are used throughout. This book would be best used for a senior-level course in mathematics, operations research, or graduate-level courses or decision modeling courses offered in business schools. The book will be interest to departments offering mathematical modeling courses with any emphasis on modeling for decision making.
Author : William P Fox
Publisher : CRC Press
ISBN 13 : 1040092136
Total Pages : 275 pages
Book Rating : 4.0/5 (4 download)
Download or read book Modeling Operations Research and Business Analytics written by William P Fox and published by CRC Press. This book was released on 2024-08-30 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides sample exercises, techniques, and solutions to employ mathematical modeling to solve problems in Operations Research and Business Analytics. Each chapter begins with a scenario and includes exercises built on realistic problems faced by managers and others working in operations research, business analytics, and other fields employing applied mathematics. A set of assumptions is presented, and then a model is formulated. A solution is offered, followed by examples of how that model can be used to address related issues. Key elements of this book include the most common problems the authors have encountered over research and while consulting the fields including inventory theory, facilities' location, linear and integer programming, assignment, transportation and shipping, critical path, dynamic programming, queuing models, simulation models, reliability of system, multi-attribute decision-making, and game theory. In the hands of an experienced professional, mathematical modeling can be a powerful tool. This book presents situations and models to help both professionals and students learn to employ these techniques to improve outcomes and to make addressing real business problems easier. The book is essential for all managers and others who would use mathematics to improve their problem-solving techniques. No previous exposure to mathematical modeling is required. The book can then be used for a first course on modeling, or by those with more experience who want to refresh their memories when they find themselves facing real-world problems. The problems chosen are presented to represent those faced by practitioners. The authors have been teaching mathematical modeling to students and professionals for nearly 40 years. This book is presented to offer their experience and techniques to instructors, students, and professionals.
Author : Marion Hersh
Publisher : Springer Science & Business Media
ISBN 13 : 3540312242
Total Pages : 573 pages
Book Rating : 4.5/5 (43 download)
Download or read book Mathematical Modelling for Sustainable Development written by Marion Hersh and published by Springer Science & Business Media. This book was released on 2006-01-02 with total page 573 pages. Available in PDF, EPUB and Kindle. Book excerpt: This reference offers both a basic introduction and advanced technical details of available mathematical and computing methods for modeling sustainable development, closing an exisiting gap in this field, as well as illustrating their use through case studies and examples. The methods and case studies presented here are targetted at sustainable development, although they have a wide range of other applications, including economics, medicine and control systems.
Author : Rhonda Aull-Hyde
Publisher :
ISBN 13 : 9781606494318
Total Pages : 0 pages
Book Rating : 4.4/5 (943 download)
Download or read book Mathematical Modeling in Business and Economics written by Rhonda Aull-Hyde and published by . This book was released on 2013-01-15 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The use of mathematical models to analyze and solve problems can provide businesses with a competitive edge. Useful models need not be complex. Simple, basic models can provide decision makers with valuable insight into a wide spectrum of issues such as sales growth and decline, inventory and revenue management, break-even and cost-benefit analysis, forecasting, resource sustainability, population growth and government budget trends. Employees who are skilled in even the most basic mathematical models are valuable to both the private and public sectors. Data collection is often the first step in the decision-making process. This text presents a parallel instructive approach to modeling; the first step is the use of data to determine the best model. Linear, quadratic, polynomial, rational, exponential and logarithmic models are each introduced by first presenting a data set that displays the basic pattern and properties of the underlying function. Curve fitting, using Microsoft Excel, enables the student to translate actual data relationships into an appropriate functional model as well as see the applicability of the model's mathematical properties. Data sets used cover a wide range of topics such as consumer spending, federal budget deficits, income, health care costs and global carbon emissions. The required mathematical background does not extend beyond basic algebra. Students should be proficient in Excel.
Author : Rutherford Aris
Publisher : Courier Corporation
ISBN 13 : 0486138895
Total Pages : 290 pages
Book Rating : 4.4/5 (861 download)
Download or read book Mathematical Modelling Techniques written by Rutherford Aris and published by Courier Corporation. This book was released on 2012-06-29 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Engaging, elegantly written." — Applied Mathematical Modelling Mathematical modelling is a highly useful methodology designed to enable mathematicians, physicists and other scientists to formulate equations from a given nonmathematical situation. In this elegantly written volume, a distinguished theoretical chemist and engineer sets down helpful rules not only for setting up models but also for solving the mathematical problems they pose and for evaluating models. The author begins with a discussion of the term "model," followed by clearly presented examples of the different types of models (finite, statistical, stochastic, etc.). He then goes on to discuss the formulation of a model and how to manipulate it into its most responsive form. Along the way Dr. Aris develops a delightful list of useful maxims for would-be modellers. In the final chapter he deals not only with the empirical validation of models but also with the comparison of models among themselves, as well as with the extension of a model beyond its original "domain of validity." Filled with numerous examples, this book includes three appendices offering further examples treated in more detail. These concern longitudinal diffusion in a packed bed, the coated tube chromatograph with Taylor diffusion and the stirred tank reactor. Six journal articles, a useful list of references and subject and name indexes complete this indispensable, well-written guide. "A most useful, readable-and stimulating-book, to be read both for pleasure and for enlightenment." — Bulletin of the Institute of Mathematics and Its Applications
Author : Carlo Vercellis
Publisher : John Wiley & Sons
ISBN 13 : 1119965470
Total Pages : 314 pages
Book Rating : 4.1/5 (199 download)
Download or read book Business Intelligence written by Carlo Vercellis and published by John Wiley & Sons. This book was released on 2011-08-10 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business intelligence is a broad category of applications and technologies for gathering, providing access to, and analyzing data for the purpose of helping enterprise users make better business decisions. The term implies having a comprehensive knowledge of all factors that affect a business, such as customers, competitors, business partners, economic environment, and internal operations, therefore enabling optimal decisions to be made. Business Intelligence provides readers with an introduction and practical guide to the mathematical models and analysis methodologies vital to business intelligence. This book: Combines detailed coverage with a practical guide to the mathematical models and analysis methodologies of business intelligence. Covers all the hot topics such as data warehousing, data mining and its applications, machine learning, classification, supply optimization models, decision support systems, and analytical methods for performance evaluation. Is made accessible to readers through the careful definition and introduction of each concept, followed by the extensive use of examples and numerous real-life case studies. Explains how to utilise mathematical models and analysis models to make effective and good quality business decisions. This book is aimed at postgraduate students following data analysis and data mining courses. Researchers looking for a systematic and broad coverage of topics in operations research and mathematical models for decision-making will find this an invaluable guide.
Author : Nolberto Munier
Publisher : Springer Nature
ISBN 13 : 3030823474
Total Pages : 212 pages
Book Rating : 4.0/5 (38 download)
Download or read book Mathematical Modelling of Decision Problems written by Nolberto Munier and published by Springer Nature. This book was released on 2021-10-19 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is intended as a guide to and manual on modeling complex problems in Multi Criteria Decision Making (MCDM). It encourages practitioners to consider the practicalities of real-world scenarios when modeling, while at the same time providing tips and examples of how to incorporate these realities into the initial decision matrix. The goal is to help readers build a decision matrix that replicates reality as closely as possible. Once this matrix has been constructed, the Decision Maker (DM) can select from more than a hundred MCDM methods the one that best fits the requirements and conditions of the matrix. The book features cases taken from real-world scenarios, which deal with various fields, aspects, and characteristics, and are solved using the SIMUS (Sequential Interactive Modeling for Urban Systems) method. This book is a valuable tool for practitioners, researchers and students dealing with MCDM problems.
Author : William Fox
Publisher : CRC Press
ISBN 13 : 9781032476407
Total Pages : 0 pages
Book Rating : 4.4/5 (764 download)
Download or read book Mathematical Modeling for Business Analytics written by William Fox and published by CRC Press. This book was released on 2023-01-09 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decision makers at all levels must be exposed to the latest tools and techniques available to help them in the decision process. They need to have and use technology to assist in the analysis process. The interpretation and explanation of the results are crucial to understanding the strengths and limitations of modeling.
Author : Ioan Constantin Dima
Publisher : Springer
ISBN 13 : 3319165925
Total Pages : 537 pages
Book Rating : 4.3/5 (191 download)
Download or read book Modelling and Simulation in Management written by Ioan Constantin Dima and published by Springer. This book was released on 2015-05-13 with total page 537 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a comprehensive introduction of the reader into the simulation and modelling techniques and their application in the management of organisations. The book is rooted in the thorough understanding of systems theory applied to organisations and focuses on how this theory can apply to econometric models used in the management of organisations. The econometric models in this book employ linear and dynamic programming, graph theory, queuing theory, game theory, etc. and are presented and analysed in various fields of application, such as investment management, stock management, strategic decision making, management of production costs and the lifecycle costs of quality and non-quality products, production quality Management, etc.
Author : Mik Wisniewski
Publisher : McGraw-Hill Companies
ISBN 13 :
Total Pages : 392 pages
Book Rating : 4.:/5 (318 download)
Download or read book Mathematical Programming written by Mik Wisniewski and published by McGraw-Hill Companies. This book was released on 1990 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text focuses on a particular group of management science models, known collectively as mathematical programming, and the potential application of such models to business problems and decision-making.
