Introduction to Management Science, Global Edition

Bernard W. Taylor  
Total pages
February 2019
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Introduction to Management Science, Global Edition
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For undergraduate courses in management science.

A logical, step-by-step approach to complex problem-solving

Introduction to Management Science gives students a strong foundation in how to make decisions and solve complex problems using both quantitative methods and software tools. In addition to extensive examples, problem sets, and cases, the 13th Edition incorporates Excel 2016 and other software resources, developing students’ ability to leverage the technology they will use throughout their careers. By practicing these modeling techniques, students gain a useful framework for problem-solving that they can then apply in the workplace.


This title is a Pearson Global Edition. The Editorial team at Pearson has worked closely with educators around the world to include content which is especially relevant to students outside the United States.

Develop quantitative skills students will need to make decisions throughout their career

· Examples and Example Problems demonstrate how problems are solved using different quantitative techniques, which students can use as a model for future course work and in their careers.

· Expanded - The text now contains over 800 Homework Problems and 69 Cases , giving students additional practice opportunities to master the topic at hand.

· Updated - 48 Management Science Application boxes, 25% of which are new to this edition, describe how a company, an organization, or an agency uses the particular management science technique being presented in the chapter to compete in a domestic or global environment.

Facilitate problem-solving using the latest software tools

Students will use software tools throughout their careers in order to solve problems. You can provide them with opportunities for practice and additional support on how to use these tools, via the following:

· Updated - Excel® 2016 Spreadsheet solutions are demonstrated in almost all of the chapters for virtually every management science modeling technique presented.

· New - 175+ Spreadsheet screenshots appear throughout, most of which include reference boxes to describe the solution steps. Data files for these model solutions can be downloaded to work homework problems.

· The latest versions of Excel QM for Windows, Risk Solver Platform for Education, TreePlan, Crystal Ball by Oracle, and Microsoft Project, used by businesses and organizations, are included and ideal for further learner exploration.

· Data sets and additional files that enable the use of these tools with Introduction to Management Science are available for download.

New to this Edition

Management science is the application of mathematical models and computing technology to help decision makers solve problems. Therefore, new text revisions like this one tend to focus on the latest technological advances used by businesses and organizations for solving problems, as well as new features that students and instructors have indicated would be helpful to them in learning about management science. Following is a list of the substantial new changes made for this 13th edition of the text:

• This revision incorporates the latest version of Excel® 2016 and includes more than 175

new spreadsheet screenshots.

• More than 60 new exhibit screenshots have been added to show the latest versions of

Microsoft® Project 2016, QM for Windows, Excel QM, TreePlan, and Crystal Ball.

• This edition includes 20 new end-of-chapter homework problems, so it now contains more

than 800 homework problems and 69 cases.

• All 800-plus Excel homework files on the Instructor's Web site have been replaced with

new Excel 2016 files.

• Updated “Chapter Web links” are included for every chapter. More than 550 Web links are

provided to access tutorials, summaries, and notes available on the Internet for the various

topics in the chapters. Also included are links to YouTube videos that provide additional

learning resources.

• Twelve of the 48 “Management Science Application” boxes are new for this edition. All of

these new boxes provide applications of management science techniques by companies and


Table of Contents


1. Management Science

2. Linear Programming: Model Formulation and Graphical Solution

3. Linear Programming: Computer Solution and Sensitivity Analysis

4. Linear Programming: Modeling Examples

5. Integer Programming

6. Transportation, Transshipment, and Assignment Problems

7. Network Flow Models

8. Project Management

9. Multicriteria Decision Making

10. Nonlinear Programming

11. Probability and Statistics

12. Decision Analysis

13. Queuing Analysis

14. Simulation

15. Forecasting

16. Inventory Management

Appendix A: Normal and Chi-Square Tables

Appendix B: Setting Up and Editing a Spreadsheet

Appendix C: The Poisson and Exponential Distributions


Solutions to Selected Odd-Numbered Problems


The following items can be found on the companion website that accompanies this text:

Module A: The Simplex Solution Method

Module B: Transportation and Assignment Solution Methods

Module C: Integer Programming: The Branch and Bound Method

Module D: Nonlinear Programming Solution Techniques

Module E: Game Theory

Module F: Markov Analysis