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 | | The Science of Decision Making: A Problem-based Approach Using Excel by Eric V. Denardo ISBN-10: 9780471318279 ISBN-10: 0-471-31827-2 ISBN-13: 9780471318279 ISBN-13: 978-0-471-31827-9 Paperback 2001-08-15 Wiley Find Lowest Price |
Editorials | ||
Product Description Provides the reader with a perspective on the efficient operation of complicated systems. * Spreadsheets are used to employ and teach techniques. * Includes the facets of probability that relate to decision making. | ||
Reviews | ||
Best OR book for beginners on the market -- by far! Professor Denardo's textbook is written in absolutely the most crystal clear way possible and is thus not only completely accessible to beginners. It can also serve as a bridge for those with less mathematical background into OR and economics at the higher mathematical level. The chapters on linear programming at the beginning of the book show the reader the intuitive reasoning of the simplex method. In the third-to-last chapter of the book, Denardo introduces the requisite matrix algebra (again his exposition of this is a complete gem for someone who didn't quite "get" linear algebra before reading this book), and then he shows the actual algorithm for simplex method in the second-to-last chapter. the final chapter is about LP duality and its extensions to things like general equilibrium, the Max-flow-min-cut, and other applications. Denardo's extensive use of excel in these chapters is done in a way that is a huge aid to the student's understanding. I should also note that the chapters on game theory, integer programming, and dynamic programming are excellent for the introductory student. My one complaint is that this book needs a sequel. Denardo is an excellent writer, and I would love to see an advanced general OR text, which uses the last chapters of this introductory book as a point of departure. | ||