Practical Management Science 5e Wayne L Winston S Christian Albright-Test bank

Check the Bank For Practical Management Science 5th Edition by Wayne L Winston and S Christian Albright

1. ISBN-13

   978-1305250901

   Tailored exclusively to Excel 2013, PRACTICAL MANAGEMENT SCIENCE, 5th Edition assists students in grasping and leveraging the power of spreadsheet modeling. It incorporates modeling into various practical areas of business such as finance, marketing, and operations management by utilizing real-life examples and data. Emphasizing applied, relevant learning, the content provides just the right amount of theory to ensure students comprehend the essence of the subject, followed by exercises that offer them hands-on experience with the methodologies. It prioritizes modeling over algebraic formulations and memorization of specific models. The 5th Edition includes the latest enhancements in the accompanying @RISK and Precision Tree add-ins, integrates “Big Picture” diagrams of spreadsheet models into the optimization chapters, and introduces new and updated scenarios throughout. The online Chapter 16: Multi-objective Decision Making now focuses more on conceptual understanding, while Chapter 9: Decision Making Under Uncertainty extends a single example of “new product choices” throughout the chapter. Furthermore, almost 30 new instructional videos clarify concepts and guide through examples.

   About the Author

   Wayne L. Winston serves as Professor Emeritus of Decision Sciences at the Kelley School of Business at Indiana University and currently holds the position of Professor of Decision and Information Sciences at the Bauer College at the University of Houston. Dr. Winston has been honored with over 45 teaching awards and has received the school-wide M.B.A. award six times. His current focus lies in demonstrating how to utilize spreadsheet models to solve business challenges across all disciplines, particularly in finance, sports, and marketing. Apart from publishing more than 20 articles in prominent journals, Dr. Winston has authored successful textbooks, including OPERATIONS RESEARCH: APPLICATIONS AND ALGORITHMS; MATHEMATICAL PROGRAMMING: APPLICATIONS AND ALGORITHMS; SIMULATION MODELING WITH @RISK; DATA ANALYSIS FOR MANAGERS; SPREADSHEET MODELING AND APPLICATIONS; MATHLETICS, DATA ANALYSIS AND BUSINESS MODELING WITH EXCEL 2016; MARKETING ANALYTICS; and FINANCIAL MODELS USING SIMULATION AND OPTIMIZATION. Dr. Winston earned his B.S. degree in mathematics from MIT and his Ph.D. in operations research from Yale.

   S. Christian Albright obtained both his B.S. degree in mathematics and his Ph.D. in operations research from Stanford University. He subsequently taught in the Operations and Decision Sciences Department at the Kelley School of Business at Indiana University until his retirement in 2011. He instructed courses in management science, computer simulation, and statistics to students at all levels of business education, including undergraduate, M.B.A., and Ph.D. students. He has published more than 20 articles in leading operations research journals focusing on applied probability. Following retirement, he worked for several years with the Palisade software company. Currently residing in Hilton Head, SC, he continues to revise several successful textbooks, including this edition, PRACTICAL MANAGEMENT SCIENCE and VBA FOR MODELERS. –This text refers to an out of print or unavailable version of this title.