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Management Science: The Art of Modeling with Spreadsheets, 3rd Edition

October 2010, ©2011
Management Science: The Art of Modeling with Spreadsheets, 3rd Edition (EHEP001761) cover image

Now in its third edition, Powell and Baker's Management Science provides students and business analysts with the technical knowledge and skill needed to develop real expertise in business modeling.  In this book, the authors cover spreadsheet engineering, management science, and the modeling craft. 
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Table of Contents
Chapter 1: Introduction

Chapter 2: Modeling in a Problem-Solving Framework

Chapter 3: Basic Excel Skills

Chapter 4: Advanced Excel Skills

Chapter 5: Spreadsheet Engineering

Chapter 6: Analysis using Spreadsheets

Chapter 7: Data Analysis for Modeling

Chapter 8: Regression Analysis

Chapter 9: Short-term Forecasting

Chapter 10: Nonlinear Optimization

Chapter 11: Linear Optimization

Chapter 12: Optimization of Network Models

Chapter 13: Integer Optimization

Chapter 14: Optimization of Non-smooth Models

Chapter 15: Decision Analysis

Chapter 16: Monte Carlo Simulation

Chapter 17: Optimization in Simulation

Modeling Cases

Appendix: Basic Probability Concepts

New To This Edition
  • Risk Solver Platform used instead of Crystal Ball, Premium Solver, Sensitivity Toolkit, and Treeplan.
  • Use of Excel 2010 to show examples of spreadsheet modeling.
  • New Chapter 14 on Evolutionary Solver.
  • Revised Chapter 17 on Simulation Optimization.
Hallmark Features
  • Designed to improve modeling efficiency and modeling effectiveness by focusing on the most important tasks and tools.
  • Craft skills of modeling are covered in Chapter 2.

  • Spreadsheet engineering and spreadsheet analysis are covered in Chapters 5 and 6.

  • Risk Solver Platform for Education is used for optimization (in Chapters 10-14), decision trees (Chapter 15), Monte Carlo simulation (Chapter 16) and the integration of optimization and simulation (Chapter 17).

Available Versions

Management Science: The Art of Modeling with Spreadsheets, 3rd Edition
by Stephen G. Powell, Kenneth R. Baker
ISBN 978-0-470-53067-2
October 2010, ©2011
Hardcover, 528 pages
US $192.95 Add to Cart
E-book
Management Science: The Art of Modeling with Spreadsheets, 3rd Edition
by Stephen G. Powell, Kenneth R. Baker
ISBN 978-0-470-91381-9
October 2010, ©2010
Wiley E-Text, 528 pages