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DOWNLOAD EBOOK Data, Models, and Decisions: The Fundamentals of
Management Science BEST Book
Data, Models, and Decisions: The
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Description
This book represents a departure from existing textbooks. Rather than covering methodology, the
book introduces decision support systems through real world applications, and uses spreadsheets
to model and solve problems. It uses management science techniques (statistics, simulation,
probabilistic modeling and optimization), but only as tools to facilitate problem solving. The book
embraces George Dantzig's dictum as its premise: "The final test of any theory is its capacity to
solve the problems which originated it." The book is used in the core MBA program at MIT's Sloan
School of Management for the class titled: "Data, Models and Decisions". It is used in over ten
universities in both core and elective classes, including Stanford University, Chicago's graduate
school of Business, Babson College, among several others. The book contains many real
business cases from the authors' consulting experience. Instructor resources are available for
faculty who have adopted the book for their course by contacting the authors directly @
dbertsim@mit.edu, rfreund@mit.edu )