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- catalog abstract ""Data, Models, and Decisions: The Fundamentals of Management Science combines topics from two traditionally distinct quantitative subjects, probability/statistics and management science, into one unified treatment of quantitative methods and models for management and business. The book stresses those fundamental concepts that the authors believe are most important for the practical analysis of management decisions. It focuses on 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."--Jacket.".
- catalog contributor b11712156.
- catalog contributor b11712157.
- catalog created "c2000.".
- catalog date "2000".
- catalog date "c2000.".
- catalog dateCopyrighted "c2000.".
- catalog description ""Data, Models, and Decisions: The Fundamentals of Management Science combines topics from two traditionally distinct quantitative subjects, probability/statistics and management science, into one unified treatment of quantitative methods and models for management and business. The book stresses those fundamental concepts that the authors believe are most important for the practical analysis of management decisions. It focuses on 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."--Jacket.".
- catalog description "Decision Analysis -- A Decision Tree Model and its Analysis -- Summary of the General Method of Decision Analysis -- Another Decision Tree Model and its Analysis -- The Need for a Systematic Theory of Probability -- Further Issues and Concluding Remarks on Decision Analysis -- Case Modules -- Kendall Crab and Lobster, Inc. -- Buying a House -- The Acquisition of DSOFT -- National Realty Investment Corporation -- Fundamentals of Discrete Probability -- Outcomes, Probabilities and Events -- The Laws of Probability -- Working with Probabilities and Probability Tables -- Random Variables -- Discrete Probability Distributions -- The Binomial Distribution -- Summary Measures of Probability Distributions -- Linear Functions of a Random Variable -- Covariance and Correlation -- Joint Probability Distributions and Independence -- Sums of Two Random Variables -- Some Advanced Methods in Probability* -- Case Modules -- Arizona Instrumentation, Inc. and the Economic Development Board of Singapore -- San Carlos Mud Slides -- Graphic Corporation -- Continuous Probability Distributions and Their Applications -- Continuous Random Variables -- The Probability Density Function -- The Cumulative Distribution Function -- The Normal Distribution -- Computing Probabilities for the Normal Distribution -- Sums of Normally Distributed Random Variables -- The Central Limit Theorem -- Statistical Sampling -- Random Samples -- Statistics of a Random Sample -- Confidence Intervals for the Mean, for Large Sample Size -- The t-Distribution.".
- catalog description "Includes bibliographical references (p. 521-523) and index.".
- catalog extent "xix, 530 p. :".
- catalog identifier "0538859067 (hbk.)".
- catalog issued "2000".
- catalog issued "c2000.".
- catalog language "eng".
- catalog publisher "Australia ; Cincinnati, Ohio : South-Western College Pub.,".
- catalog subject "658.5 21".
- catalog subject "Decision making.".
- catalog subject "Management science.".
- catalog subject "T56 .B43 2000".
- catalog tableOfContents "Decision Analysis -- A Decision Tree Model and its Analysis -- Summary of the General Method of Decision Analysis -- Another Decision Tree Model and its Analysis -- The Need for a Systematic Theory of Probability -- Further Issues and Concluding Remarks on Decision Analysis -- Case Modules -- Kendall Crab and Lobster, Inc. -- Buying a House -- The Acquisition of DSOFT -- National Realty Investment Corporation -- Fundamentals of Discrete Probability -- Outcomes, Probabilities and Events -- The Laws of Probability -- Working with Probabilities and Probability Tables -- Random Variables -- Discrete Probability Distributions -- The Binomial Distribution -- Summary Measures of Probability Distributions -- Linear Functions of a Random Variable -- Covariance and Correlation -- Joint Probability Distributions and Independence -- Sums of Two Random Variables -- Some Advanced Methods in Probability* -- Case Modules -- Arizona Instrumentation, Inc. and the Economic Development Board of Singapore -- San Carlos Mud Slides -- Graphic Corporation -- Continuous Probability Distributions and Their Applications -- Continuous Random Variables -- The Probability Density Function -- The Cumulative Distribution Function -- The Normal Distribution -- Computing Probabilities for the Normal Distribution -- Sums of Normally Distributed Random Variables -- The Central Limit Theorem -- Statistical Sampling -- Random Samples -- Statistics of a Random Sample -- Confidence Intervals for the Mean, for Large Sample Size -- The t-Distribution.".
- catalog title "Data, models, and decisions : the fundamentals of management science / Dimitris Bertsimas, Robert M. Freund.".
- catalog type "text".