Quantitative Analysis For Management
- ISBN-10
- 8131705889
- ISBN-13
- 9788131705889
- Series
- Quantitative Analysis for Management
- Language
- English
- Published
- 2008-02
- Publisher
- Pearson Education India
- Author
- Render
Description
[This book] focus[es] on the application of mathematical models in decision-making. Emphasis is placed on model building and computer applications so that students see how these models are used in business today.-Pref. [This book features]: cohesive treatment of decision models -- all models for decision theory have been combined into one chapter. Decision trees and utility theory are now presented along with decision tables; a new chapter on regression analysis -- includes simple linear regression, multiple regression, and a brief discussion of nonlinear regression. Presents statistical inference on the overall model. Other topics include dummy or indicator variables, model building, and useful cautions and pitfalls on using regression analysis; expanded coverage of forecasting -- now includes the addictive approach to decomposition; expanded inventory chapter -- now includes just-in-time (JIT), material requirements planning (MRP), and enterprise resource planning (ERP).-Back cover.
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