Publisher's Synopsis
Revised and updated, this package is designed to offer people the flexibility to create their own presentations. Introducing students to key ideas of management science - problem framing, health skepticism, cost concepts and optimality and sensitivity - this text places the emphasis on studying the models of management science - how they are created, how they are used and what paradigms they provide.;New features of the third edition include a case study on cash flow matching and an integer programming model of a financial problem; a section on the M/G/1 queuing model; examples using the GINO software package; a number of problems helpful for mastering basic concepts; and integrated use of computer programming for problem-solving.