Data, Models, and Decisions: Applications in Management

Author: Chen Zhong
Publisher:
Publish Date: 2004-09-01
Features: The practice of modern management has placed increasingly high demands on management theory and methods, particularly in the area of quantitative analysis tools. However, practitioners do not need to, nor must they become specialists in quantitative research. To solve practical problems, they need to master the thinking and methods of acquiring data, building models, making accurate predictions, and making correct decisions. This book is designed to provide them with these skills. The book is divided into 11 chapters: Chapter 1, Introduction; Chapter 2, Data Acquisition, Organization, and Presentation; Chapter 3, Indicators and Indices; Chapter 4, Parameter Estimation and Hypothesis Testing; Chapter 5, Correlation and Regression; Chapter 6, Time Series; Chapter 7, Decision Analysis; Chapter 8, Linear Programming; Chapter 9, Transportation Problems; Chapter 10, Nonlinear Programming; and Chapter 11, Dynamic Programming. Appendix A provides basic knowledge of probability and probability distributions, while Appendix B offers some necessary statistical tables. This book is based on our many years of teaching in the MBA program. In addition to the main text, the book also selects some cases and exercises, providing necessary statistical tables to facilitate readers' review and practice.