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Textbook
Tools for Thinking: Modelling in Management Science, 3rd EditionDecember 2009, ©2010
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This third edition has been fully revised and updated without changing its focus. It features a new chapter on Decision Analysis and includes up-to-date examples using popular softwares, such as Precision Tree, @Risk and Micro Saint Sharp, to illustrate how these help in developing and using management science models as tools for thinking
Acknowledgements xi
PART I MODELLING IN MANAGEMENT SCIENCE 1
1 Models as convenient worlds 3
2 Management Science – making sense of strategic vision 21
3 Problems, problems . . . 43
4 Some principles of modelling 63
PART II INTERPRETIVE MODELLING – SOFT MANAGEMENT SCIENCE 83
5 Soft systems methodology 89
6 Cognitive mapping, SODA and journey-making 109
7 System dynamics 135
8 Decision analysis 157
PART III MATHEMATICAL AND LOGICAL MODELLING 185
9 Optimization modelling – linear programming 187
10 Computer simulation – visual interactive modelling and Monte Carlo simulation 211
11 Heuristic search 241
PART IV MODEL ASSESSMENT AND VALIDATION 263
12 Model assessment and validation 265
Index 285
- Features a new chapter on Decision Analysis
- Includes up-to-date examples using popular softwares, such as Precision Tree, @Risk and Micro Saint Sharp, to illustrate how these help in developing and using management science models as tools for thinking
- Written by Mike Pidd, a management teacher and consultant with over 30 years of experience
- Builds on the successes of the previous 2 editions
- Creates a bridge between the soft and hard OR schools of thought and provides an empirically based framework in which to place them


