Introduction to Business Analytics Using Simulation

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Release : 2022-02-06
Genre : Business & Economics
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Book Rating : 173/5 ( reviews)

Introduction to Business Analytics Using Simulation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Introduction to Business Analytics Using Simulation write by Jonathan P. Pinder. This book was released on 2022-02-06. Introduction to Business Analytics Using Simulation available in PDF, EPUB and Kindle. Introduction to Business Analytics Using Simulation, Second Edition employs an innovative strategy to teach business analytics. The book uses simulation modeling and analysis as mechanisms to introduce and link predictive and prescriptive modeling. Because managers can't fully assess what will happen in the future, but must still make decisions, the book treats uncertainty as an essential element in decision-making. Its use of simulation gives readers a superior way of analyzing past data, understanding an uncertain future, and optimizing results to select the best decision. With its focus on uncertainty and variability, this book provides a comprehensive foundation for business analytics. Students will gain a better understanding of fundamental statistical concepts that are essential to marketing research, Six-Sigma, financial analysis, and business analytics. Teaches managers how they can use business analytics to formulate and solve business problems to enhance managerial decision-making Explains the processes needed to develop, report and analyze business data Describes how to use and apply business analytics software Offers expanded coverage on the value and application of prescriptive analytics Includes a wealth of illustrative exercises that are newly organized by difficulty level Winner of the 2017 Textbook and Academic Authors Association's (TAA) Most Promising New Textbook Award in the prior edition

Introduction to Business Analytics Using Simulation Models

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Release : 2015-08-06
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Book Rating : 134/5 ( reviews)

Introduction to Business Analytics Using Simulation Models - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Introduction to Business Analytics Using Simulation Models write by Jonathan Pinder. This book was released on 2015-08-06. Introduction to Business Analytics Using Simulation Models available in PDF, EPUB and Kindle. Introduction to Business Analytics Using Simulation Models introduces the fundamental principle of business analytics and data science: APPLIED PROBABILITY. Because probability is extremely counter-intuitive, the book makes extensive use of simulation models to provide students with experiential learning to develop a deep and true understanding of how uncertainty and decision-making work. This book helps you understand the foundation of data science techniques in use today.Based on an MBA course Jon has taught at Wake Forest University over the past 25 years, Introduction to Business Analytics Using Simulation Models provides examples of real-world business problems to illustrate these principles. You'll learn how to think about the uncertain future and create data-science probability models for business decision-making.

Mathematical Modeling for Business Analytics

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Release : 2017-12-15
Genre : Business & Economics
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Book Rating : 249/5 ( reviews)

Mathematical Modeling for Business Analytics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Mathematical Modeling for Business Analytics write by William P. Fox. This book was released on 2017-12-15. Mathematical Modeling for Business Analytics available in PDF, EPUB and Kindle. Mathematical Modeling for Business Analytics is written for decision makers at all levels. This book presents the latest tools and techniques available to help in the decision process. The interpretation and explanation of the results are crucial to understanding the strengths and limitations of modeling. This book emphasizes and focuses on the aspects of constructing a useful model formulation, as well as building the skills required for decision analysis. The book also focuses on sensitivity analysis. The author encourages readers to formally think about solving problems by using a thorough process. Many scenarios and illustrative examples are provided to help solve problems. Each chapter is also comprehensively arranged so that readers gain an in-depth understanding of the subject which includes introductions, background information and analysis. Both undergraduate and graduate students taking methods courses in methods and discrete mathematical modeling courses will greatly benefit from using this book. Boasts many illustrative examples to help solve problems Provides many solutions for each chapter Emphasizes model formulation and helps create model building skills for decision analysis Provides the tools to support analysis and interpretation

Business Analytics with Management Science Models and Methods

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Release : 2015
Genre : Business & Economics
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Book Rating : 359/5 ( reviews)

Business Analytics with Management Science Models and Methods - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Business Analytics with Management Science Models and Methods write by Arben Asllani. This book was released on 2015. Business Analytics with Management Science Models and Methods available in PDF, EPUB and Kindle. This book is about prescriptive analytics. It provides business practitioners and students with a selected set of management science and optimization techniques and discusses the fundamental concepts, methods, and models needed to understand and implement these techniques in the era of Big Data. A large number of management science models exist in the body of literature today. These models include optimization techniques or heuristics, static or dynamic programming, and deterministic or stochastic modeling. The topics selected in this book, mathematical programming and simulation modeling, are believed to be among the most popular management science tools, as they can be used to solve a majority of business optimization problems. Over the years, these techniques have become the weapon of choice for decision makers and practitioners when dealing with complex business systems.

Better Business Decisions with Simulation

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Release : 2014-11-06
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Book Rating : 059/5 ( reviews)

Better Business Decisions with Simulation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Better Business Decisions with Simulation write by Michelle Boyd. This book was released on 2014-11-06. Better Business Decisions with Simulation available in PDF, EPUB and Kindle. Better Business Decisions with Simulation: An Introduction for Business Students is an introduction to discrete event simulation (DES) intended for the MBA and related academic markets. The book presents an overview of DES and highlights the key role it can play in helping organizations improve the processes they employ to produce their goods and services. Following an overview of DES, the book presents an introduction to the SIMIO software system as well as a step-by-step description with pictures of how to build and analyze basic models in SIMIO. Several detailed examples are presented. The presentation is aimed at the non-technical audience with the intention of illustrating both the usefulness of DES modeling and analysis and the power of SIMIO. Along the way, the book highlights SIMIO's relative "ease of use" and debunks the notion that one needs to be an engineer or similarly trained analyst to build useful simulation models. With SIMIO's "select-drag-& click" modeling capability, the power of simulation has been taken to the masses! This book is ideally suited for a two - four week segment in a university course on Business Analytics, Management Science, healthcare analytics, or Operations Management. It could also be used as introductory materials for a corporate training course on modern simulation. Course materials, including PowerPoint slides and the SIMIO models discussed in the book are available for instructors adopting the book.