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Synopsis
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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- PublisherDynamic Ideas Llc
- Publication date2004
- ISBN 10 097591460X
- ISBN 13 9780975914601
- BindingHardcover
- LanguageEnglish
- Number of pages530
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Data, Models, and Decisions: The Fundamentals of Management Science
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