Quantitative Analysis for Management, Global Edition

Quantitative Analysis for Management helps students to develop a real-world understanding of business analytics, quantitative methods, and management science by emphasising model building, tangible examples, and computer applications. The authors offer an accessible introduction to mathematical models and then students apply those models using step-by-step, how-to instructions. For more intricate mathematical procedures, the 13th Edition offers a flexible approach, allowing instructors to omit specific sections without interrupting the flow of the material. Supporting computer software enables instructors to focus on the managerial problems and solutions, rather than spending valuable class time on the details of algorithms. Table of Contents: 1. Introduction to Quantitative Analysis 2. Probability Concepts and Applications 3. Decision Analysis 4. Regression Models 5. Forecasting 6. Inventory Control Models 7. Linear Programming Models: Graphical and Computer Methods 8. Linear Programming Applications 9. Transportation, Assignment, and Network Models 10. Integer Programming, Goal Programming, and Nonlinear Programming 11. Project Management 12. Waiting Lines and Queuing Theory Models 13. Simulation Modeling 14. Markov Analysis 15. Statistical Quality Control Online Module 1: Analytic Hierarchy Process Online Module 2: Dynamic Programming Online Module 3: Decision Theory and the Normal Distribution Online Module 4: Game Theory Online Module 5: Mathematical Tools: Determinants and Matrices Online Module 6: Calculus-Based Optimization Online Module 7: Linear Programming: The Simplex Method Online Module 8: Transportation, Assignment, and Network Algorithms Chapter-by-chapter changes In Chapter 1, the section on business analytics has been updated, and a new end-of-chapter problem has been added. In Chapter 2, new screenshots of Excel 2016 have been added throughout, and the Modeling in the Real World box has been updated. In Chapter 3, new screenshots of Excel 2016 have been added throughout, and a new QA in Action box has been added, along with a new case study. In Chapter 4, a new end-of-chapter problem has been added, with new screenshots of Excel 2016 throughout the chapter. In Chapter 5, two new end-of-chapter problems have been added, along with a new QA in Actionbox and screenshots of Excel 2016. In Chapter 6, two new end-of-chapter problems have been added, along with a new QA in Actionbox and screenshots of Excel 2016. In Chapter 7, the Learning Objectives have been modified slightly, and screenshots have been updated to Excel 2016. In Chapter 8, two new problems have been added to the Internet Homework Problems, and screenshots have been updated to Excel 2016. In Chapter 9, Excel 2016 screenshots have been incorporated throughout, and two new problems have been added to the Internet Homework Problems. In Chapter 10, two new problems have been added to the Internet Homework Problems, and screenshots have been updated to Excel 2016. In Chapter 11, a new Modeling in the Real World box has been added, along with four new end-of-chapter problems. In Chapter 12, four new end-of-chapter problems have been added. In Chapter 13, there are two new end-of-chapter problems. In Chapter 14, two new end-of-chapter problems have been added. In Chapter 15, Excel 2016 screenshots have been incorporated throughout, and two new end-of-chapter problems have been added. In Modules 1-8, Excel 2016 screenshots have been added throughout.