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Management Science (2nd Edition)

Decision-making through systems thinking

Author(s):
Publisher:

Red Globe Press

Pages: 608
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Further Actions:

Recommend to library, View companion site

AVAILABLE FORMATS

Paperback - 9780230316478

05 February 2013

$75.99

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Ebook - 9781137075123

16 September 2017

$75.99

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Management Science provides a comprehensive, accessible overview of the subject, incorporating a broad set of approaches and tools. The authors explore both 'soft' and 'hard' methodologies and highlight conceptual aspects...

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Management Science provides a comprehensive, accessible overview of the subject, incorporating a broad set of approaches and tools. The authors explore both 'soft' and 'hard' methodologies and highlight conceptual aspects rather than the mathematics of the techniques or computer methods. The book is therefore suitable for students and readers with a wide range of mathematical abilities at both the undergraduate and MBA level.The book bases management science within a clear systems thinking framework. Ideas and concepts are demonstrated with real-life examples and case studies. Readers are shown how decision making over time, under uncertainty, and subject to constraints, multiple objectives, and value and perception conflicts can be modelled, all within this system thinking framework.The second edition of Management Science offers:• an emphasis on problem formulation, indicating how management science and operational research techniques fit into the wider problem-solving process• revised chapters on queuing, simulation, and problem structuring methods• updated coverage of forecasting, linear and integer programming• new sections on the role of management science consultants • improved pedagogy, navigation and design• up-to-date coverage of software• real-world case studies, encouraging the reader to apply the concepts studied Comprehensive student and lecturer resources are available at www.palgrave.com/business/daellenbach2.

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Thorough overview of soft and hard approaches
Emphasis on problem formulation, demonstrating how OR/MS techniques fit into wider problemsolving process
Practical guidelines
Realworld case illustrations demonstrating theory in practice
Incorporates Microsoft Excel spreadsheets and comprehensive references to all new software

Preface
Introduction
PART I: SYSTEMS AND SYSTEMS THINKING: INTRODUCTION
Systems Thinking and Systems Methodology
Systems Concepts
The Problem Situation
System Models and Diagrams
PART II: MANAGEMENT SCIENCE METHODOLOGIES: INTRODUCTION
Overview of Hard OR Methodology
Soft System Thinking
Implementation and Code of Ethics
PART III: ASSESSING COSTS AND BENEFITS, DEALING WITH TIME
Relevant Costs and Benefits
Discounted Cash Flows
Decision Making Over Time
PART IV: HARD MS/OR METHODS
Marginal and Incremental Analysis
Constrained Decision Making
Multiple Constraints Linear Programming
Uncertainty
Waiting Lines: Stochastic Systems
Simulation in Management Science
 Decision and Risk Analysis
Decisions with Multiple Objectives
Bibliography
Glossary of Technical Terms
Index.

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HANS DAELLENBACH worked for several years as an operations researcher for Standard Oil of California after gaining his PhD. He taught at the Universities of California and Washington before joining the University of Canterbury, Christchurch, New Zealand, where he introduced Operations Research as a separate discipline. He launched the Canterbury MBA Program more than twenty-five years ago, and served as its first director.

DONALD McNICKLE is a senior lecturer in the Department of Management at the University of Canterbury, Christchurch, New Zealand.

SHANE DYE is a senior lecturer in Management Science at the University of Canterbury, Christchurch, New Zealand.

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HANS DAELLENBACH worked for several years as an operations researcher for Standard Oil of California after gaining his PhD. He taught at the Universities of California and Washington before joining the University of Canterbury, Christchurch, New Zealand, where he introduced Operations Research as a separate discipline. He launched the Canterbury MBA Program more than twenty-five years ago, and served as its first director.

DONALD McNICKLE is a senior lecturer in the Department of Management at the University of Canterbury, Christchurch, New Zealand.

SHANE DYE is a senior lecturer in Management Science at the University of Canterbury, Christchurch, New Zealand.

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