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Dynamic Modeling for Business Management
Modelling is a tool used by savvy business managers to understand the processes of their business and to estimate the impact of changes. Dynamic Modelling for Business Management applies dynamic modelling to business management, using accessible modelling techniques that are demonstrated starting with fundamental processes and advancing to more complex business models. Discussions of modelling emphasize its practical use for decision making and implementing change for measurable results. Readers will learn about both manufacturing and service-oriented business processes using hands-on lessons. Then will then be able to manipulate additional models to try out their knowledge and address issues specific to their own businesses and interests. Some of the topics covered include workflow management, supply-chain-management, and strategy.
Quantitative Methods
An accessible introduction to the essential quantitative methods for making valuable business decisions Quantitative methods-research techniques used to analyze quantitative data-enable professionals to organize and understand numbers and, in turn, to make good decisions. Quantitative Methods: An Introduction for Business Management presents the application of quantitative mathematical modeling to decision making in a business management context and emphasizes not only the role of data in drawing conclusions, but also the pitfalls of undiscerning reliance of software packages that implement standard statistical procedures. With hands-on applications and explanations that are accessible to re...
Using Applied Mathematical Models for Business Transformation
Traditional business practices have been left behind due to the increased use of data analytics and information technology in companies worldwide. This development has led to businesses implementing transformative projects that use these new technologies in their decision-making systems. Altering the entire architecture of a company is a daunting task; however, researchers are finding methods through applied mathematics that can make it easier on companies. Implementing analytical models into current business processes is vital for professionals across the globe. Using Applied Mathematical Models for Business Transformation is an essential reference source that discusses the advancement of d...
Business Economics and Finance with MATLAB, GIS, and Simulation Models
This book takes recent theoretical advances in Finance and Economics and shows how they can be implemented in the real world. It presents tactics for using mathematical and simulation models to solve complex tasks of forecasting income, valuing businesses, predicting retail sales, and evaluating markets and tax and regulatory problems. Business Economics and Finance with Matlab, GIS, and Simulation Models provides a unique overview of sophisticated business and financial applications. It describes models that have been developed for analysis of retail sales, tax policy, location, economic impact, public policy issues, and other challenges faced by executives, investors, and economists on a d...
Mathematical Modelling
Over the past decade there has been an increasing demand for suitable material in the area of mathematical modelling as applied to science, engineering, business and management. Recent developments in computer technology and related software have provided the necessary tools of increasing power and sophistication which have significant implications for the use and role of mathematical modelling in the above disciplines. In the past, traditional methods have relied heavily on expensive experimentation and the building of scaled models, but now a more flexible and cost effective approach is available through greater use of mathematical modelling and computer simulation. In particular, developm...
Mathematical Modeling for Business Analytics
Mathematical Modeling for Business Analytics is written for decision makers at all levels. This book presents the latest tools and techniques available to help in the decision process. The interpretation and explanation of the results are crucial to understanding the strengths and limitations of modeling. This book emphasizes and focuses on the aspects of constructing a useful model formulation, as well as building the skills required for decision analysis. The book also focuses on sensitivity analysis. The author encourages readers to formally think about solving problems by using a thorough process. Many scenarios and illustrative examples are provided to help solve problems. Each chapter ...
Supply Chain Management: Models, Applications, and Research Directions
This work brings together some of the most up to date research in the application of operations research and mathematical modeling te- niques to problems arising in supply chain management and e-Commerce. While research in the broad area of supply chain management enc- passes a wide range of topics and methodologies, we believe this book provides a good snapshot of current quantitative modeling approaches, issues, and trends within the field. Each chapter is a self-contained study of a timely and relevant research problem in supply chain mana- ment. The individual works place a heavy emphasis on the application of modeling techniques to real world management problems. In many instances, the ...
Advances in Interdisciplinary Research in Engineering and Business Management
The volume contains latest research on software reliability assessment, testing, quality management, inventory management, mathematical modeling, analysis using soft computing techniques and management analytics. It links researcher and practitioner perspectives from different branches of engineering and management, and from around the world for a bird's eye view on the topics. The interdisciplinarity of engineering and management research is widely recognized and considered to be the most appropriate and significant in the fast changing dynamics of today's times. With insights from the volume, companies looking to drive decision making are provided actionable insight on each level and for every role using key indicators, to generate mobile-enabled scorecards, time-series based analysis using charts, and dashboards. At the same time, the book provides scholars with a platform to derive maximum utility in the area by subscribing to the idea of managing business through performance and business analytics.
A Concrete Approach to Mathematical Modelling
WILEY-INTERSCIENCE PAPERBACK SERIES The Wiley-Interscience Paperback Series consists ofselected books that have been made more accessible to consumers inan effort to increase global appeal and general circulation. Withthese new unabridged softcover volumes, Wiley hopes to extend thelives of these works by making them available to future generationsof statisticians, mathematicians, and scientists. " . . . [a] treasure house of material for students and teachersalike . . . can be dipped into regularly for inspiration and ideas.It deserves to become a classic." —London Times Higher Education Supplement "The author succeeds in his goal of serving the needs of theundergraduate population who wa...
