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(More customer reviews)Dr. Hesse unlocks the firepower of Excel for Quantitative Analysis purposes. Using combinations of functions and functionality, he shows you how to perform decision analysis, linear programming and a host of other advanced business decision tools using the same simple spreadsheet platform that most people use for simple addition. True, it may not be the EASIEST read in the world, but using Dr. Hesse's methods could save you from purchasing dedicated analysis software that you may not need. DEFINITELY worth a look...
Click Here to see more reviews about: Managerial Spreadsheet Modeling and Analysis (Irwin Series in Quantitative Methods and Management Science.)
This book is meant to give a good working knowledge of mathematical techniques available to model, solve and analyze real-world problems on spreadsheets that may arise in a work environment. Using this approach students have an easier time seeing the relevance of management science in the business world. The electronic spreadsheet has become the standard tool used to build models and analyze quantitative problems. This book incorporates all of the traditional management science topics taught today, but uses an electronic spreadsheet as a visual platform. The approach is centered on problem solving rather than learning mathematics or theory. It emphasizes both problem finding and formulation as managerial modeling and then uses the spreadsheet to layout the model on templates provided to the student to solve the problem. Students will then lead to the analysis of the results by performing "what-if" analysis-which is uniquely well matched to the spreadsheet approach. This allows them to get a feel for each type of model and what it can accomplish without getting confused with the math.
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