Data, Models, and Decisions

Data, Models, and Decisions
Author :
Publisher : Ingram
Total Pages : 530
Release :
ISBN-10 : 097591460X
ISBN-13 : 9780975914601
Rating : 4/5 (601 Downloads)

Book Synopsis Data, Models, and Decisions by : Dimitris Bertsimas

Download or read book Data, Models, and Decisions written by Dimitris Bertsimas and published by Ingram. This book was released on 2004 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: Combines topics from two traditionally distinct quantitative subjects, probability/statistics and management science/optimization, in a unified treatment of quantitative methods and models for management. Stresses those fundamental concepts that are most important for the practical analysis of management decisions: modeling and evaluating uncertainty explicitly, understanding the dynamic nature of decision-making, using historical data and limited information effectively, simulating complex systems, and allocating scarce resources optimally.


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