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Systems and Decision Making

Systems and Decision Making PDF Author: Hans G. Daellenbach
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 570

Book Description
Systems and Decision Making A Management Science Approach Hans G Daellenbach University of Canterbury, Christchurch, New Zealand Traditional methods of problem solving, based on the cause-and-effect model, can no longer cope with the complex situations in which decisions have to be made today. These problem situations occur within a systems context. Most of these systems are created and controlled by humans and it is, therefore, important that decision making is guided by a systematic and comprehensive methodology that helps the decision maker to make effective use of his/her extensive but limited powers of reasoning. Systems and Decision Making combines contemporary systems work with Operations Research (OR). Daellenbach places an emphasis on developing a methodology for decision situations that lend themselves to quantitative approaches rather than give an elementary survey of many OR/MS techniques. It incorporates some of the learnings of soft systems methodology for more practical problem solving, particularly at the problem identification and formulation stages. The text also shows that the scientific component of modelling can be considerably enhanced by the use of various diagrammatic devices. The second part of the book studies a number of topics important for the analyst, such as how to deal with the time element, with constraints, with uncertainty, and with multiple goals. These are demonstrated by various OR/MS techniques. Systems and Decision Making is an excellent core text for undergraduate and graduate students of systems, management science and MBA courses.

Systems and Decision Making

Systems and Decision Making PDF Author: Hans G. Daellenbach
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 570

Book Description
Systems and Decision Making A Management Science Approach Hans G Daellenbach University of Canterbury, Christchurch, New Zealand Traditional methods of problem solving, based on the cause-and-effect model, can no longer cope with the complex situations in which decisions have to be made today. These problem situations occur within a systems context. Most of these systems are created and controlled by humans and it is, therefore, important that decision making is guided by a systematic and comprehensive methodology that helps the decision maker to make effective use of his/her extensive but limited powers of reasoning. Systems and Decision Making combines contemporary systems work with Operations Research (OR). Daellenbach places an emphasis on developing a methodology for decision situations that lend themselves to quantitative approaches rather than give an elementary survey of many OR/MS techniques. It incorporates some of the learnings of soft systems methodology for more practical problem solving, particularly at the problem identification and formulation stages. The text also shows that the scientific component of modelling can be considerably enhanced by the use of various diagrammatic devices. The second part of the book studies a number of topics important for the analyst, such as how to deal with the time element, with constraints, with uncertainty, and with multiple goals. These are demonstrated by various OR/MS techniques. Systems and Decision Making is an excellent core text for undergraduate and graduate students of systems, management science and MBA courses.

Information Systems and Management Science

Information Systems and Management Science PDF Author: Lalit Garg
Publisher: Springer Nature
ISBN: 3030862232
Category : Technology & Engineering
Languages : en
Pages : 261

Book Description
The book introduces concepts, principles, methods and procedures that will be valuable to students and scholars in thinking about existing organization systems, proposing new systems and working with management professionals in implementing new information systems. This book of Information Systems and Management Science (proceedings of ISMS 2020) is intended to be used as a reference by students and researchers who collect scientific and technical contributions with respect to models, tools, technologies and applications in the field of information systems and management science. This textbook shows how to exploit information systems in a technology-rich management field.

Business Analytics with Management Science Models and Methods

Business Analytics with Management Science Models and Methods PDF Author: Arben Asllani
Publisher: Pearson Education
ISBN: 0133760359
Category : Business & Economics
Languages : en
Pages : 401

Book Description
This book is about prescriptive analytics. It provides business practitioners and students with a selected set of management science and optimization techniques and discusses the fundamental concepts, methods, and models needed to understand and implement these techniques in the era of Big Data. A large number of management science models exist in the body of literature today. These models include optimization techniques or heuristics, static or dynamic programming, and deterministic or stochastic modeling. The topics selected in this book, mathematical programming and simulation modeling, are believed to be among the most popular management science tools, as they can be used to solve a majority of business optimization problems. Over the years, these techniques have become the weapon of choice for decision makers and practitioners when dealing with complex business systems.

Introduction to Management Science

Introduction to Management Science PDF Author: Frederick Stanton Hillier
Publisher:
ISBN: 9780071238106
Category : Management science
Languages : en
Pages : 870

Book Description
Introduction to Management Science, 2e offers a unique case study approach and integrates the use of Excel. Each chapter includes a case study that is meant to show the students a real and interesting application of the topics addressed in that chapter. This most recent revision has been thoroughly updated to be more "user-friendly" and more technologically advanced. These changes include, a completely new chapter on the art of modeling with spreadsheets. This unique chapter goes far beyond anything found in other textbooks and are based on the award winning methodologies used by Mark Hillier in his own course. The technology package has also been greatly enhanced to include, Crystal Ball 2000 (Professional Edition) a Management Science Online Learning Center, and an Excel add-in called Alver Table for performing sensitivity analysis. Crystal Ball is the most popular Excel add-in for computer simulation and includes OptQuest (an optimizer with simulation) as well as a forecasting module. The Management Science Online Learning Center (website) includes several modules that enable students to interactively explore certain management science techniques in depth. Solver Table is an Excel add-in developed by the author to help perform sensitivity analysis systematically, as well as substantially expanded coverage of computer simulation, including Crystal Ball. We now have two chapters on computer simulation instead of one, where the second chapter features the use of Crystal Ball.all.

Cognitive Information Systems in Management Sciences

Cognitive Information Systems in Management Sciences PDF Author: Lidia Dominika Ogiela
Publisher: Morgan Kaufmann
ISBN: 0128038756
Category : Computers
Languages : en
Pages : 150

Book Description
Cognitive Information Systems in Management Sciences summarizes the body of work in this area, taking an analytical approach to interpreting the data, while also providing an approach that can be used for practical implementation in the fields of computing, economics, and engineering. Using numerous illustrative examples, and following both theoretical and practical results, Dr. Lidia Ogiela discusses the concepts and principles of cognitive information systems, the relationship between intelligent computer data analysis, and how to utilize computational intelligent approaches to enhance information retrieval. Real world implantation use cases round out the book, with valuable scenarios covering management science, computer science, and engineering. Indexing: The books of this series are submitted to EI-Compendex and SCOPUS - Discusses the basic concepts and principles in cognitive information systems, providing 'real-world' implementation examples - Explains the relationship between intelligent computer data analysis and how to utilize computational intelligent approaches to enhance information retrieval - Provides a unified structured approach that can be used to develop information flow in cognitive management systems

Information Systems and Management Science

Information Systems and Management Science PDF Author: Lalit Garg
Publisher: Springer Nature
ISBN: 3031131509
Category : Technology & Engineering
Languages : en
Pages : 589

Book Description
This multidisciplinary book delves into information systems’ concepts, principles, methods and procedures and their innovative applications in management science and other domains, including business, industry, health care and education. It will be valuable to students, researchers, academicians, developers, policymakers and managers thriving to improve their information and management systems, develop new strategies to solve complex problems and implement novel techniques to utilise the massive data best. This book of Information Systems and Management Science (proceedings of ISMS 2021) is intended to be used as a reference by scholars, scientists and practitioners who collect scientific and technical contributions concerning models, tools, technologies and applications in the field of information systems and management science. This book shows how to exploit information systems in a technology-rich management field.

Realising Systems Thinking: Knowledge and Action in Management Science

Realising Systems Thinking: Knowledge and Action in Management Science PDF Author: John Mingers
Publisher: Springer Science & Business Media
ISBN: 038729841X
Category : Business & Economics
Languages : en
Pages : 315

Book Description
This book deals with the contribution of a systems approach to a range of disciplines from philosophy and biology to social theory and management. It weaves together material from some of the pre-eminent thinkers of the day. In doing so it creates a coherent path from fundamental work on philosophical issues of ontology and epistemology through specific domains of knowledge about the nature of information and meaning, human communication, and social intervention.

Models & Methods for Project Selection

Models & Methods for Project Selection PDF Author: Samuel B. Graves
Publisher: Springer Science & Business Media
ISBN: 1461502802
Category : Business & Economics
Languages : en
Pages : 203

Book Description
Models & Methods for Project Selection systematically examines in this book treatment the latest work in the field of project selection modeling. The models presented are drawn from mathematical programming, decision theory, and finance. These models are examined in two categorical streams: the management science stream and the financial model stream. The book describes the assumptions and limitations of each model and provides appropriate solution methodologies. Its organization follows three main themes: *Criteria for Choice: Chapters 1-3 investigate the effect of the choice of optimization criteria on the results of the portfolio optimization problem. *Risk and Uncertainty: Chapters 4-7 deal with uncertainty in the project selection problem. *Non-Linearity and Interdependence: These chapters deal with problems of non-linearity and interdependence as they arise in the project selection problem. Chapters 8, 9 and 10 present solution methodologies, which can be used to solve these most general project selection models.

Industrial Management

Industrial Management PDF Author: Bhattacharyya D.K.
Publisher: Vikas Publishing House
ISBN: 8125937102
Category :
Languages : en
Pages : 537

Book Description
In today’s complex business environment, engineering and management issues cannot be segregated. Integration of Industrial Management with the technicalities of engineering functions yields better results. In keeping with the needs of engineering degree and diploma students, Industrial Management studies the basic concepts of management and all other management-related aspects, which are considered valuable for engineering students. The book would certainly be the most effective one in the coverage of its content, as it was developed browsing through the syllabuses of various universities and technical institutions both in India and abroad. USP: This book with its comprehensive coverage of topics, both practical and operational, would make the would-be engineers confident of taking significant workplace/management decisions, thus enhancing their employability.

Management

Management PDF Author: V.S.P. Rao
Publisher: Excel Books India
ISBN: 9788174463173
Category : Lærebøger
Languages : en
Pages : 992

Book Description
The book abounds in meritorious features (such as tables, charts, illustrations, skill building exercises, cases, games, incidents) which set it apart from other books on management. The topics have been presented in a simple, concise and interesting manner. Every attempt has been made to maintain easy readability and quick comprehension. Contemporary examples, personality profiles, corporate experiences have been provided at relevant places to enrich the contents further. The book is primarily meant for students pursuing advanced courses in management such as MBA, PGDBA, M.Com, IAS, B.Com (Hons) and BBA.