For undergraduate or graduate courses in Management Science, Quantitative Methods, and Decision Modeling.     Introduction to Management Science shows students how to approach decision-making problems in a straightforward, logical way.    By focusing on simple, straightforward explanations and examples with step-by-step details of the modeling and solution techniques, this text makes the mathematical topics of Management Science less complex.   The tenth edition retains the same readability and accessibility to techniques and applications as the widely-adopted previous editions, and also includes updated Excel spreadsheets, and new problems and case studies.

Table of Contents:
1.    Management Science   The Management Science Approach to Problem Solving   Model Building: Break-Even Analysis   Computer Solution   Management Science Modeling Techniques   Business Usage of Management Science  Techniques   Management Science Models in Descision Support Systems   2.    Linear Programming: Model Formulation and Graphical Solution   Model Formulation   A Maximization Model Example   Graphical Solutions of Linear Programming Methods   A Minimization Model Example   Irregular Types of Linear Programming Problems   Characteristics of Linear Programming Problems      3.    Linear Programming: Computer Solution and Sensitivity Analysis   Computer Solution   Sensitivity Analysis   4.    Linear Programming: Modeling Examples   A Product Mix Example   A Diet Example   An Investment Example   A Marketing Example   A Transportation Example   A Blend Example   A Multiperiod Scheduling Example   A Data Envelopment Analysis Example    5.    Integer Programming   Integer Programming Models   Integer Programming Graphical Solution   Computer Solution of Integer Programming Problems with Excel and QM for Windows   0-1 Integer Programming Modeling Examples   6.    Transportation, Transshipment, and Assignment Problems   The Transportation Model   Computer Solution of a Transportation Problem   The Transshipment Model   The Assignment Model   Computer Solution of the Assignment Problem     7.    Network Flow Models   Network Components   The Shortest Route Problem   The Minimal Spanning Tree Problem   The Maximal Flow Problem   8.    Project Management   The Elements of Project Management   CPM/PERT   Probabilistic Activity Times   Microsoft Project   Project Crashing and Time-Cost Trade-Off   Formulating the CPM/PERT Network as a Linear Programming Model   9.    Multicriteria Decision Making   Goal Programming   Graphical Interpretation of Goal Programming   Computer Solution of Goal Programming Problems with QM for Windows and Excel        The Analytical Hierarchy Process   Scoring Model   10.  Nonlinear Programming   Nonlinear Profit Analysis   Constrained Optimization   Solution of Nonlinear Programming Problems with Excel   A Nonlinear Programming Model with Multiple Constraints   Nonlinear Model Examples       11.  Probability and Statistics   Types of Probability   Fundamentals of Probability   Statistical Independence and Dependence   Expected Value   The Normal Distribution   12.  Decision Analysis   Components of Decision Making   Decision Making without Probabilities   Decision Making with Probabilities   Decision Analysis with Additional Information   Utility   13.  Queuing Analysis   Elements of Waiting Line Analysis   The Single-Server Waiting Line System   Undefined and Constant Service times   Finite Queue Length   Finite Calling Population   The Multiple-Server Waiting Line   Additional Types of Queuing Systems   14.  Simulation   The Monte Carlo Process   Computer Simulation with Excel Spreadsheets   Simulation of a Queuing System   Continuous Probability Distributions   Statistical Analysis of Simulation Results   Crystal Ball   Verification of the Simulation Model   Areas of Simulation Application   15.  Forecasting   Forecasting Components   Time Series Methods   Forecast Accuracy   Time Series Forecasting Using Excel   Time Series Forecasting Using QM for Windows   Regression Methods   16.  Inventory Management   Elements of Inventory Management   Inventory Control Systems   Economic Order Quantity Models   The Basic EOQ Model   The EOQ Model with Noninstantaneous Receipt   The EOQ Model with Shortages   EOQ Analysis with QM for Windows   EOQ Analysis with Excel and Excel QM      Quantity Discounts   Reorder Point   Determining Safety Stocks Using Service Levels   Order Quantity for a Periodic Inventory System           Appendix A   Normal Table   Chi-Square Table   Appendix B   Setting Up and Editing a Spreadsheet   Appendix C   The Poisson and Exponential Distributions   Solutions to Selected Odd-Numbered Problems     Glossary   Index   Photo Credits   CD-ROM Modules