Management Science is a highly relevant topic for an educated person of the world today. Since the 1940s, management scientists have worked to solve tough problems using mathematical methods and computer technology. Today, with powerful computing at our fingertips, data that is readily available, and the methods introduced in this course, management science is solving problems throughout society. While one does not become an expert with a single course, I hope to raise awareness of the role of management science in our lives today. Moreover, the content of this text demonstrates how the methods of management science accomplish these outcomes. Applied Management Science focuses on helping you, the learner, to assimilate the methods of this important set of tools.
This text introduces you to the world of management science. While one would never expect that every enrolled student will decide that this topic is worthy of their life’s work, I truly believe that the lessons provided in this class are valuable for every student. Mathematical modeling teaches logical analysis, building artifacts develops technical skills, and describing results relates the work performed to the real-world problem at hand. Applied Management Science was designed with these goals in mind. Most importantly, the text was built specifically for you, the learner in this course. I hope you find the content helpful and meaningful, and I look forward to your feedback my efforts as we learn together this term.
Chapter 1: Management Science, Predictive Analytics, and Modeling
Chapter 2: Introduction to Optimization and Linear Programming
Chapter 3: Applications of Linear Programming
Chapter 4: Network Models
Chapter 5: Integer and Nonlinear Programming
Chapter 6: Simulation
Chapter 7: Analysis of Queues
Chapter 8: Decision Analysis
Chapter 9: Project Planning and Control