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This book fills a void for a balanced approach to spreadsheetbased decision modeling. In addition to using spreadsheets as a tool to quickly set up and solve decision models, the authors show how and why the methods work and combine the user's power to logically model and analyze diverse decisionmaking scenarios with softwarebased solutions. The book discusses the fundamental concepts, assumptions and limitations behind each decision modeling technique, shows how each decision model works, and illustrates the realworld usefulness of each technique with many applications from both profit and nonprofit organizations.The authors provide an introduction to managerial decision modeling, linear programming models, modeling applications and sensitivity analysis, transportation, assignment and network models, integer, goal, and nonlinear programming models, project management, decision theory, queuing models, simulation modeling, forecasting models and inventory control models.The additional material filesChapter 12Excel files for each chapterExcel modules for WindowsExcel modules for Mac4th edition erratacan be found at https://www.degruyter.com/view/product/486941
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