Table of Contents

 

	Table of Contents
	Index

Introduction to Management Science, Ninth Edition
By Bernard  W.  Taylor  III -  Virginia Polytechnic Institute and State University
Publisher	: Prentice Hall
Pub Date	: February 01, 2006
Print ISBN-10	: 0-13-196133-0
Print ISBN-13	: 978-0-13-196133-3
eText ISBN-10	: 0-13-173796-1
eText ISBN-13	: 978-0-13-173796-9
Pages	: 800

		Copyright
		Preface																																																																xiii
			Learning Features																																																																xiii
			Microsoft Project																																																																xvi
			Instructors' and Students' Supplements																																																																xvii
			Acknowledgments																																																																xviii
		Chapter 1.   Management Science																																																																1
			The Management Science Approach to Problem Solving																																																																2
			Model Building: Break-Even Analysis																																																																7
			Computer Solution																																																																12
			Management Science Modeling Techniques																																																																16
			Business Usage of Management Science Techniques																																																																18
			Management Science Models in Decision Support Systems																																																																20
			Summary																																																																22
			References																																																																23
			Problems																																																																23
			Case Problem																																																																27
			Case Problem																																																																27
			Case Problem																																																																28
		Chapter 2.   Linear Programming: Model Formulation and Graphical Solution																																																																29
			Model Formulation																																																																30
			A Maximization Model Example																																																																30
			Graphical Solutions of Linear Programming Models																																																																34
			A Minimization Model Example																																																																47
			Irregular Types of Linear Programming Problems																																																																53
			Characteristics of Linear Programming Problems																																																																55
			Summary																																																																57
			References																																																																57
			Example Problem Solutions																																																																57
			Problems																																																																61
			Case Problem																																																																69
			Case Problem																																																																70
			Case Problem																																																																70
		Chapter 3.   Linear Programming: Computer Solution and Sensitivity Analysis																																																																71
			Computer Solution																																																																72
			Sensitivity Analysis																																																																79
			Summary																																																																92
			References																																																																92
			Example Problem Solution																																																																93
			Problems																																																																95
			Case Problem																																																																107
			Case Problem																																																																108
			Case Problem																																																																108
		Chapter 4.   Linear Programming: Modeling Examples																																																																110
			A Product Mix Example																																																																111
			A Diet Example																																																																116
			An Investment Example																																																																119
			A Marketing Example																																																																125
			A Transportation Example																																																																129
			A Blend Example																																																																132
			A Multiperiod Scheduling Example																																																																135
			A Data Envelopment Analysis Example																																																																140
			Summary																																																																144
			References																																																																145
			Example Problem Solution																																																																145
			Problems																																																																147
			Case Problem																																																																176
			Case Problem																																																																176
			Case Problems																																																																177
			Case Problem																																																																178
			Case Problems																																																																179
		Chapter 5.   Integer Programming																																																																180
			Integer Programming Models																																																																181
			Integer Programming Graphical Solution																																																																185
			Computer Solution of Integer Programming Problems with Excel and QM for Windows																																																																187
			01 Integer Programming Modeling Examples																																																																194
			Summary																																																																203
			References																																																																203
			Example Problem Solution																																																																203
			Problems																																																																204
			Case Problem																																																																216
			Case Problems																																																																217
			Case Problem																																																																218
			Case Problems																																																																219
			Case Problem																																																																220
		Chapter 6.   Transportation, Transshipment, and Assignment Problems																																																																222
			The Transportation Model																																																																223
			Computer Solution of a Transportation Problem																																																																226
			The Transshipment Model																																																																230
			The Assignment Model																																																																234
			Computer Solution of an Assignment Problem																																																																235
			Summary																																																																238
			References																																																																239
			Example Problem Solution																																																																239
			Problems																																																																240
			Case Problem																																																																266
			Case Problem																																																																266
			Case Problem																																																																267
			Case Problem																																																																268
			Case Problem																																																																269
			Case Problem																																																																270
		Chapter 7.   Network Flow Models																																																																272
			Network Components																																																																273
			The Shortest Route Problem																																																																274
			The Minimal Spanning Tree Problem																																																																281
			The Maximal Flow Problem																																																																286
			Summary																																																																292
			References																																																																293
			Example Problem Solution																																																																293
			Problems																																																																295
			Case Problem																																																																314
			Case Problem																																																																315
			Case Problem																																																																317
			Case Problem																																																																319
		Chapter 8.   Project Management																																																																320
			The Elements of Project Management																																																																321
			CPM/PERT																																																																329
			Probabilistic Activity Times																																																																338
			Microsoft Project																																																																345
			Project Crashing and TimeCost Trade-off																																																																352
			Formulating the CPM/PERT Network as a Linear Programming Model																																																																357
			Summary																																																																364
			References																																																																364
			Example Problem Solution																																																																365
			Problems																																																																367
			Case Problem																																																																386
			Case Problem																																																																387
		Chapter 9.   Multicriteria Decision Making																																																																389
			Goal Programming																																																																390
			Graphical Interpretation of Goal Programming																																																																394
			Computer Solution of Goal Programming Problems with QM for Windows and Excel																																																																397
			The Analytical Hierarchy Process																																																																404
			Scoring Models																																																																416
			Summary																																																																418
			References																																																																418
			Example Problems Solutions																																																																418
			Problems																																																																422
			Case Problem																																																																447
			Case Problem																																																																448
			Case Problem																																																																449
		Chapter 10.   Nonlinear Programming																																																																451
			Nonlinear Profit Analysis																																																																452
			Constrained Optimization																																																																455
			Solution of Nonlinear Programming Problems with Excel																																																																458
			A Nonlinear Programming Model with Multiple Constraints																																																																461
			Nonlinear Model Examples																																																																463
			Summary																																																																468
			References																																																																469
			Example Problem Solution																																																																469
			Problems																																																																469
			Case Problem																																																																474
			Case Problem																																																																475
		Chapter 11.   Probability and Statistics																																																																476
			Types of Probability																																																																477
			Fundamentals of Probability																																																																479
			Statistical Independence and Dependence																																																																483
			Expected Value																																																																490
			The Normal Distribution																																																																492
			Summary																																																																504
			References																																																																504
			Example Problem Solution																																																																504
			Problems																																																																506
			Case Problem																																																																513
		Chapter 12.   Decision Analysis																																																																514
			Components of Decision Making																																																																515
			Decision Making Without Probabilities																																																																516
			Decision Making with Probabilities																																																																523
			Decision Analysis with Additional Information																																																																538
			Utility																																																																545
			Summary																																																																547
			References																																																																547
			Example Problem Solution																																																																547
			Problems																																																																551
			Case Problem																																																																568
			Case Problem																																																																569
			Case Problem																																																																569
			Case Problem																																																																570
		Chapter 13.   Queuing Analysis																																																																572
			Elements of Waiting Line Analysis																																																																573
			The Single-Server Waiting Line System																																																																574
			Undefined and Constant Service Times																																																																584
			Finite Queue Length																																																																587
			Finite Calling Population																																																																590
			The Multiple-Server Waiting Line																																																																593
			Additional Types of Queuing Systems																																																																598
			Summary																																																																599
			References																																																																599
			Example Problem Solution																																																																600
			Problems																																																																601
			Case Problems																																																																609
			Case Problem																																																																610
		Chapter 14.   Simulation																																																																611
			The Monte Carlo Process																																																																612
			Computer Simulation with Excel Spreadsheets																																																																617
			Simulation of a Queuing System																																																																623
			Continuous Probability Distributions																																																																627
			Statistical Analysis of Simulation Results																																																																632
			Crystal Ball																																																																634
			Verification of the Simulation Model																																																																643
			Areas of Simulation Application																																																																643
			Summary																																																																645
			References																																																																646
			Example Problem Solution																																																																647
			Problems																																																																649
			Case Problem																																																																663
			Case Problem																																																																664
		Chapter 15.   Forecasting																																																																666
			Forecasting Components																																																																667
			Time Series Methods																																																																669
			Forecast Accuracy																																																																683
			Time Series Forecasting Using Excel																																																																688
			Time Series Forecasting Using QM for Windows																																																																690
			Regression Methods																																																																691
			Summary																																																																702
			References																																																																702
			Example Problem Solutions																																																																703
			Problems																																																																705
			Case Problem																																																																725
			Case Problem																																																																726
			Case Problem																																																																726
		Chapter 16.   Inventory Management																																																																728
			Elements of Inventory Management																																																																729
			Inventory Control Systems																																																																731
			Economic Order Quantity Models																																																																733
			The Basic EOQ Model																																																																733
			The EOQ Model with Noninstantaneous Receipt																																																																739
			The EOQ Model with Shortages																																																																742
			EOQ Analysis with QM for Windows																																																																746
			EOQ Analysis with Excel and Excel QM																																																																746
			Quantity Discounts																																																																747
			Reorder Point																																																																752
			Determining Safety Stock By Using Service Levels																																																																754
			Order Quantity for a Periodic Inventory System																																																																758
			Summary																																																																759
			References																																																																760
			Example Problem Solutions																																																																760
			Problems																																																																761
			Case Problem																																																																769
			Case Problem																																																																769
			Case Problem																																																																770
			Case Problem																																																																770
		Appendix A.   Normal and Chi-Square Tables																																																																773
		Appendix B.   Setting Up and Editing a Spreadsheet																																																																775
			Titles and Headings																																																																775
			Borders																																																																775
			Column Centering																																																																776
			Deleting and Inserting Rows and Columns																																																																776
			Decimal Places																																																																776
			Increasing or Decreasing the Spreadsheet Area																																																																777
			Expanding or Reducing Column and Row Widths																																																																777
			Inserting an Equation or a Formula into a Cell																																																																777
			Printing a Spreadsheet																																																																777
		Appendix C.   The Poisson and Exponential Distributions																																																																779
			The Poisson Distribution																																																																779
			The Exponential Distribution																																																																780
		Solutions to Selected Odd-Numbered Problems																																																																781
			Chapter 1																																																																781
			Chapter 2																																																																781
			Chapter 3																																																																781
			Chapter 4																																																																782
			Chapter 5																																																																783
			Chapter 6																																																																784
			Chapter 7																																																																784
			Chapter 8																																																																785
			Chapter 9																																																																785
			Chapter 10																																																																786
			Chapter 11																																																																786
			Chapter 12																																																																786
			Chapter 13																																																																786
			Chapter 14																																																																787
			Chapter 15																																																																787
			Chapter 16																																																																787
		Glossary																																																																789
			A																																																																789
			B																																																																789
			C																																																																789
			D																																																																790
			E																																																																790
			F																																																																790
			G																																																																790
			H																																																																790
			I																																																																790
			J																																																																791
			L																																																																791
			M																																																																791
			N																																																																791
			O																																																																791
			P																																																																791
			Q																																																																792
			R																																																																792
			S																																																																792
			T																																																																793
			U																																																																793
			V																																																																793
			W																																																																793
			Z																																																																793
		Photo Credits																																																																803
		Module  A.   The Simplex Solution Method																																																																A-1
			Converting the Model into Standard Form																																																																A-2
			The Simplex Method																																																																A-5
			Summary of the Simplex Method																																																																A-16
			Simplex Solution of a Minimization Problem																																																																A-16
			A Mixed Constraint Problem																																																																A-21
			Irregular Types of Linear Programming Problems																																																																A-23
			The Dual																																																																A-30
			Sensitivity Analysis																																																																A-34
			Problems																																																																A-43
		Module  B.   Transportation and Assignment Solution Methods																																																																B-1
			Solution of the Transportation Model																																																																B-2
			Solution of the Assignment Model																																																																B-22
			Problems																																																																B-25
		Module  C.   Integer Programming: The Branch and Bound Method																																																																C-1
			The Branch and Bound Method																																																																C-2
			Problems																																																																C-11
		Module  D.   Nonlinear Programming Solution Techniques																																																																D-1
			The Substitution Method																																																																D-2
			The Method of Lagrange Multipliers																																																																D-4
			Problems																																																																D-7
		Module  E.   Game Theory																																																																E-1
			Game Theory																																																																E-2
			Types of Game Situations																																																																E-2
			A Pure Strategy																																																																E-3
			A Mixed Strategy																																																																E-6
			Problems																																																																E-10
		Module  F.   Markov Analysis																																																																F-1
			The Characteristics of Markov Analysis																																																																F-2
			The Transition Matrix																																																																F-5
			Steady-State Probabilities																																																																F-8
			Additional Examples of Markov Analysis																																																																F-12
			Special Types of Transition Matrices																																																																F-13
			Excel Solution of the Debt Example																																																																F-16
			Problems																																																																F-17
			Case Problem																																																																F-26
			Case Problem																																																																F-26
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			The Prentice Hall Just-In-Time Program in Decision Science																																																																InsideFrontCover
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		Index