About the Book
Quantitative Analysis for Management helps you develop a real-world understanding of business analytics, quantitative methods, and management science. It does this by using mathematical model building, tangible examples, and computer applications. You're first introduced to models and then you apply those models using step-by-step, how-to instructions and software.
Table of Contents:
Introduction to Quantitative Analysis
Probability Concepts and Applications
Decision Analysis
Regression Models
Forecasting
Inventory Control Models
Linear Programming Models: Graphical and Computer Methods
Linear Programming Applications
Transportation, Assignment, and Network Models
Integer Programming, Goal Programming, and Nonlinear Programming
Project Management
Waiting Lines and Queuing Theory Models
Simulation Modeling
Markov Analysis
Statistical Quality Control
APPENDICES
Areas Under the Standard Normal Curve
Binomial Probabilities
Values of for Use in the Poisson Distribution
F Distribution Values
Using POM-QM for Windows
Using Excel QM and Excel Add-Ins
Solutions to Selected Problems
Solutions to Self-Tests
ONLINE MODULES
Analytic Hierarchy Process
Dynamic Programming
Decision Theory and the Normal Distribution
Game Theory
Mathematical Tools: Determinants and Matrices
Calculus-Based Optimization
Linear Programming: The Simplex Method
Transportation, Assignment, and Network Algorithms
Business Analytics
About the Author :
Barry Render is Professor Emeritus, the Charles Harwood Distinguished Professor of Operations Management, Crummer Graduate School of Business, Rollins College, Winter Park, Florida. He received his BS in Mathematics and Physics at Roosevelt University and his MS in Operations Research and his PhD in Quantitative Analysis at the University of Cincinnati. He previously taught at George Washington University, the University of New Orleans, Boston University, and George Mason University, where he held the Mason Foundation Professorship in Decision Sciences and was Chair of the Decision Science Department. Dr. Render has also worked in the aerospace industry for General Electric, McDonnell Douglas, and NASA.
Dr. Render has coauthored 10 textbooks published by Pearson, including Managerial Decision Modeling with Spreadsheets, Operations Management, Principles of Operations Management, Service Management, Introduction to Management Science, and Cases and Readings in Management Science. More than 100 articles by Dr. Render on a variety of management topics have appeared in Decision Sciences, Production and Operations Management, Interfaces, Information and Management, Journal of Management Information Systems, Socio-Economic Planning Sciences, IIE Solutions, and Operations Management Review, among others.
Dr. Render has been honored as an AACSB Fellow and was named twice as a Senior Fulbright Scholar. He was Vice President of the Decision Science Institute Southeast Region and served as software review editor for Decision Line for 6 years and as Editor of the New York Times Operations Management special issues for 5 years. From 1984 to 1993, Dr. Render was President of Management Service Associates of Virginia, Inc., whose technology clients included the FBI, the US Navy, Fairfax County, Virginia, and C&P Telephone. He is currently Consulting Editor to Financial Times Press.
Dr. Render has taught operations management courses at Rollins College for MBA and Executive MBA programs. He has received that school's Welsh Award as leading professor and was selected by Roosevelt University as the 1996 recipient of the St. Claire Drake Award for Outstanding Scholarship. In 2005, Dr. Render received the Rollins College MBA Student Award for Best Overall Course, and in 2009 was named Professor of the Year by full-time MBA students.
Ralph Stair is Professor Emeritus at Florida State University. He earned a BS in Chemical Engineering from Purdue University and an MBA from Tulane University. Under the guidance of Ken Ramsing and Alan Eliason, he received a PhD in Operations Management from the University of Oregon. He has taught at the University of Oregon, the University of Washington, the University of New Orleans, and Florida State University.
He has taught twice in Florida State University's Study Abroad Program in London. Over the years, his teaching has been concentrated in the areas of information systems, operations research, and operations management.
Dr. Stair is a member of several academic organizations, including the Decision Sciences Institute and INFORMS, and he regularly participates in national meetings. He has published numerous articles and books, including Managerial Decision Modeling with Spreadsheets, Introduction to Management Science, Cases and Readings in Management Science, Production and Operations Management: A Self-Correction Approach, Fundamentals of Information Systems, Principles of Information Systems, Introduction to Information Systems, Computers in Today's World, Principles of Data Processing, Learning to Live with Computers, Programming in BASIC, Essentials of BASIC Programming, Essentials of FORTRAN Programming, and Essentials of COBOL Programming. Dr. Stair divides his time between Florida and Colorado. He enjoys skiing, biking, kayaking, and other outdoor activities.
Michael E. Hanna is Professor Emeritus of Decision Sciences at the University of Houston–Clear Lake (UHCL). He holds a BA in Economics, an MS in Mathematics, and a PhD in Operations Research from Texas Tech University. For more than 25 years, he has been teaching courses in statistics, management science, forecasting, and other quantitative methods. His dedication to teaching has been recognized with the Beta Alpha Psi teaching award in 1995 and the Outstanding Educator Award in 2006 from the Southwest Decision Sciences Institute (SWDSI).
Dr. Hanna has authored textbooks in management science and quantitative methods, has published numerous articles and professional papers, and has served on the Editorial Advisory Board of Computers and Operations Research. In 1996, the UHCL Chapter of Beta Gamma Sigma presented him with the Outstanding Scholar Award.
Dr. Hanna is very active in the Decision Sciences Institute (DSI), having served on the Innovative Education Committee, the Regional Advisory Committee, and the Nominating Committee. He has served on the board of directors of DSI for 2 terms and also as regionally elected vice president of DSI. For SWDSI, he has held several positions, including president, and he received the SWDSI Distinguished Service Award in 1997. For overall service to the profession and to the university, he received the UHCL President's Distinguished Service Award in 2001.
Trevor S. Hale is a Professor of Business Analytics in the Mays School of Business at Texas A&M University with an emphasis in teaching. He received a BS in Industrial Engineering from Penn State University, an MS in Engineering Management from Northeastern University, and a PhD in Operations Research from Texas A&M University. He was previously on the faculty of the University of Houston–Downtown, Ohio University–Athens, and Colorado State University–Pueblo.
Dr. Hale is a third-generation professor following his father at Penn State and his father's father at UTEP. Dr. Hale has spent 5 summers as an Office of Naval Research Senior Faculty Fellow. He spent the summers of 2009, 2011, 2013, 2017, and 2022 performing energy security/cyber security research for the US Navy at Naval Base Ventura County in Port Hueneme, California.
Dr. Hale has published dozens of articles in the areas of operations research and quantitative analysis in journals such as the International Journal of Production Research, the European Journal of Operational Research, Annals of Operations Research, the Journal of the Operational Research Society, and the International Journal of Physical Distribution and Logistics Management, among several others. He teaches business analytics courses at Texas A&M University. He is a senior member of both the Decision Sciences Institute and INFORMS.
