Showing posts with label decision-making. Show all posts
Showing posts with label decision-making. Show all posts

Spreadsheet Modeling for Business Decisions w/St CD, @RISK & Crystal Ball Access Cards Review

Spreadsheet Modeling for Business Decisions w/St CD, @RISK and Crystal Ball Access Cards
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The idea behind this book is excellent, covering the practical aspects of statistics (and some management science) required in business. However, the text is riddled with errors and the explanation of the underlying concepts leaves much to be desired. The only thing that prevented me from rating it 1 star is the useful guides on solving problems within Excel and its add-ins, albeit that old versions of the software are used. There are much better books available.

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Spreadsheet Modeling for Business Decisions focuses on five fundamental topics of business decision modeling; emphasizing the effective communication of results to the appropriate business decision maker.The topics include spreadsheet modeling, data management and modeling, simulation and linear regression modeling, and decision making under uncertainty. The text strives to educate managers in the process of becoming more effective and efficient problem solvers by providing the most important and useful topics within business decision models while at the same time preparing students to apply those topics to real-world problems, to integrate the use of common software packages into their analysis and solutions, and to prepare written and verbal conclusions from that analysis.

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Spreadsheet Modeling & Decision Analysis: A Practical Introduction to Management Science, Revised (with Interactive Video Skillbuilder CD-ROM, ... 2007, Crystal Ball Pro Printed Access Card) Review

Spreadsheet Modeling and Decision Analysis: A Practical Introduction to Management Science, Revised (with Interactive Video Skillbuilder CD-ROM, ... 2007, Crystal Ball Pro Printed Access Card)
Average Reviews:

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I used this textbook for a class I took in Quantitative Anlaysis and strongly recommend it to anyone who feels the need to learn how to apply math to their business environment.

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Cliff Ragsdale is an innovator of the spreadsheet teaching revolution and is highly regarded in the field of management science. The revised fifth edition of SPREADSHEET MODELING AND DECISION ANALYSIS retains the elements and philosophy that has made its past editions so successful. New topics have been added as well as examples that are relevant to decision making in today's business world. This version of SPREADSHEET MODELING AND DECISION ANALYSIS has been updated for use with Microsoft Office Excel 2007. It provides succinct instruction in the most commonly used management science techniques and shows how these tools can be implemented using the most current version of Excel for Windows. This text also focuses on developing both algebraic and spreadsheet modeling skills.

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