ENGLISH

Data, models, and decisions: the fundamentals of management science

By Dimitris Bertsimas , Robert Michael Freund

Book information

Publisher
South-Western College Pub.
Year
2000
ISBN
0538859067, 9780538859066
Google Books ID
YuEeAQAAIAAJ
Open Library ID
OL7788703M
Language
english
Format
EPUB
Filesize
3 MB (3350014 bytes)
Edition
1st
Pages
\0
Time added
2011-08-31 04:54:40

Description

The book combines topics from two traditionally distinct quantitative subjects: probability/statistics and optimization models, into one unified treatment of quantitative methods and models for management and business. The book stresses those fundamental concepts that are most important for the practical analysis of management decisions: modeling and evaluating uncertainty explicitly, understanding the dynamic nature of decision-making, using historical data and limited information effectively, simulating complex systems, and allocating scarce resources optimally.

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