Showing posts with label operations research. Show all posts
Showing posts with label operations research. Show all posts

Designing and Managing the Supply Chain w/ Student CD-Rom Review

Designing and Managing the Supply Chain w/ Student CD-Rom
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Designing and Managing the Supply Chain w/ Student CD-Rom ReviewAs a first-time university instructor in this subject (Business Logistics/Supply Chain Management), I found the book and accompanying software, overhead transparencies and other materials to be very "user-friendly". There are very few wasted words or unnecessary details and facts in the book. Instead, the insights gained from research have been presented with clarity and simplicity, easily understandable even to the non-specialist, and enhanced by interesting and relevant examples and case studies. It is an excellent book for both academics and practitioners.Designing and Managing the Supply Chain w/ Student CD-Rom OverviewSupply chain management, both in industry and in academia, has grown rapidly over the past several years mainly due to an increase in corporate goals of reducing manufacturing costs and the savings that come from planning and managing the supply chain effectively.Most textbooks do not include models and decision support systems robust enough for industry. Designing and Managing the Supply Chain: Concepts, Strategies, and Cases, 2/e by Simchi-Levy, Kaminsky and Simchi-Levi discusses the problems, models and concepts derived from issues related to effective supply chain management. This textis suitable for both academic study and practicing professionals. While many core supply chain management issues are interrelated, the authors have tried to make each chapter as self-contained as possible so that the reader can refer directly to chapters covering topics of interest. Each chapter utilizes case studies and numerous examples. Mathematical and technical sections can be skipped without loss of continuity. The accompanying CD-ROM also provides two simulations, the Computerized Beer Game and the Risk Pool Game and a computerized tool, new to this edition, for developing and executing supply chain contracts. These packages help illustrate many of the concepts discussed.

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Basic Statistics for Business and Economics with Student CD Review

Basic Statistics for Business and Economics with Student CD
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Basic Statistics for Business and Economics with Student CD ReviewI had to get this book for a graduate level class. This is a well written book. I am coming to the conclusion that a text book needs to be in color to emphasize content or examples. This is very helpful in this book which is math laden. You will only need to know basic algebra (if that) for this material. Some higher math may help you. There are a lot of examples that show how to use the formulas. Much of which is "plug & chug" to get an answer. The concepts are well explained and there are good real-world examples. There are plenty of solutions in the back of the book. The examples also include graphs to show how the data sets are presented. There are plenty of reference tables for t, f, z and chi values. The CD that came with mine has a stat analysis add-on for Excel. It was called Megastat. I liked it better than the Excel data analysis tool. The CD had a lot of data sets to play with as well. If you can put information into a spreadsheet, you can use this book to help build an understanding of the analysis output. This is a good foundation book for statistical analysis.Basic Statistics for Business and Economics with Student CD OverviewLind/Marchal/Wathen: Basic Statistics for Business and Economics, Sixth edition is a derivative of the best-selling Statistical Techniques in Business and Economics, offering the essential topics of statistical tools and methods delivered in a student friendly, step-by-step format. The text is non-threatening and presents concepts clearly and succinctly with a conversational writing style.All statistical concepts are illustrated with solved applied examples immediately upon introduction. Modern computing tools and applications are introduced, but the text maintains a focus on presenting statistics content as opposed to technology or programming methods, and the sixth edition continues as a "students" text with increased emphasis on interpretation of data and results.

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Introduction to Operations Research with Student Access Card Review

Introduction to Operations Research with Student Access Card
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Introduction to Operations Research with Student Access Card ReviewI've been doing operations research for a number of years now, and I still use this book. I find it really incredible, in that it is the best-written book I have ever seen in this highly mathematical area, with no second! It introduces topics so well that I can skip right to the chapter covering the topic in which I am interested and catch the maximum continuous learning gradient from the global minimum to the global maximum, complete with a survey of and references to the latest research in the field. It's very up to date. The courseware makes it so that even an idiot could understand what is going on. If you can't learn operations research from this, you can't learn operations research. And if you want a quick refresher, an update, or a survey of field X, it accomplishes these equally well.Introduction to Operations Research with Student Access Card OverviewFor over four decades, Introduction to Operations Research by Frederick Hillier has been the classic text on operations research. While building on the classic strengths of the text, the author continues to find new ways to make the text current and relevant to students. One way is by incorporating a wealth of state-of-the-art, user-friendly software and more coverage of business applications than ever before. The hallmark features of this edition include clear and comprehensive coverage of fundamentals, an extensive set of interesting problems and cases, and state-of-the-practice operations research software used in conjunction with examples from the text. The ninth edition introduces a new partnership with the Institute for Operations Research and Management (INFORMS).These two pillars of the OR world have come together to showcase some of the award-winning applications of operations research and integrate them with this text.

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Statistical Techniques in Business and Economics with Student CD Review

Statistical Techniques in Business and Economics with Student CD
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Statistical Techniques in Business and Economics with Student CD ReviewStatistical Techniques in Business and Economics by Lind, Marchal, and Wathen was my second statistical book, so I did have something to compare it against. My first statistics class used Business Statistics by David Levine. I found this book here to be easier to understand. One thing to keep in mind apparently is that different books teach the Z tables differently. The Levine book had taught them as cumulative tables. This book here teaches them as distance-from-the-mean. So that was confusing to realize at first, that the exact same nomenclature and exact same references were to two fairly different systems. If you are taking a class with a professor make sure you know which way the professor is intending to teach that material and choose a book (or supplementary book) that matches his or her style.
This book comes with a CD, but I didn't use it at all for the class, and I never had any issues. So while the CD might be helpful for some, it by no means is necessary to learn the material. Also the book fairly heavily promotes Connect, an online for-pay teaching system. There are Connect exercises everywhere in the book. I didn't use Connect either and again it did not impede my learning. So certainly people can use those extra systems but they are not necessary.
The examples were helpful and the graphics did a good job of illustrating the points.
I think the only time our class got tripped up by the book was in the discussion of analysis of variance, chapter 12. In this section it says, page 404, that "as the values of X increase, the F distribution ..." X had never been mentioned as a variable up until this point except as a mean. Then on page 405 you can see X in the formulas for the two standard deviations. So some students thought this was the X that the instructions were talking about. However, the book was actually talking about the *x axis value* (i.e. the F). On the slides that accompany this chapter the exact same sentence is given but with F instead of X. So I do think the book could use some editing to help situations like that be more clear. If nothing else the book's slides should match its text content.
Still, as long as you keep your eyes open for issues like that in general the book does a good job of helping students learn the material. Our class did very well with the book.
Statistical Techniques in Business and Economics with Student CD OverviewLind/14e is a perennial market best seller due to its comprehensive coverage of statistical concepts and methods delivered in a student friendly, step-by-step format. The text presents concepts clearly and succinctly with a conversational writing style. All statistical concepts are illustrated with solved applied examples immediately upon introduction. Self reviews and exercises for each section, and review sections for groups of chapters also support the student learning steps. Modern computing applications (Excel, Minitab, and MegaStat for Excel) are introduced, and the text maintains a focus on presenting statistics concepts as applied to business. The fourteenth edition continues as a 'students' text with increased emphasis on interpretation of data and results.

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