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Selected Chapters for Qualitative Analysis for Business Decisions
by Bierman
Product Group: Book
Publisher: Mcgraw-Hill College (1997-01)
ISBN: 0073039799
EAN: 9780073039794
Dewey Decimal #: 658
Binding/Media: Hardcover
SKU: 0415T210500
Condition: Good
Comments: This appears to be created specifically for the University of Delaware. The title is "Select Chapters from Quantitative Analysis for Business Decisions For University of Delaware." The ISBN # is 0073039799 , copyright is 1997. Softcover with moderate shelf wear, occasional highlighting and underlining.
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Customer Reviews
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Quantitative Analysis by Bierman
Rating  (5)
Date: 2003-11-19
The work describes probabilistic dimensions to decision-making.
There is a good treatment of conditional probability and
expected value theories. The work introduces decision theory
with experiments and probabilistic outcomes. Bierman provides
a good explanation of the simplex solution by:
1. selecting m+n-1 routes which provide an initial basic
feasible solution
2. Check whether or not the solution is improved by introducing
a non-basic variable. If so, continue.
3. Determine whether or not the route leaves basis , when the
entered variable is computed. Adjust flows of the basic
routines.
4. When all solution sets are (-), then the solution is optimal.This work can be supplemented by other works by Bierman or
by the Operations Research works by Wagner.
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