Quantitative Analysis for Management

Key differences between 12th and 11th editions

• Time lapse between previous and latest publications: 3 years (2011 vs 2014).
• The Twelfth Ed. contains is 64 pages less than the Eleventh Ed.
• The major differences between 12th and 11th Editions are summarized below:
• Chapter 1 "Introduction to Quantitative Analysis":
• New section "Business Analytics".
• 2 new problems.
• Chapter 2 "Probability Concepts and Applications" has two new problems.
• Chapter 3 "Decision Analysis" has new sections:
• A Minimization Example
• Using Software for Payoff Table Problems
• Chapter 4 "Regression Models" has 5 new problems and one new QA in Action box.
• Chapter 5 "Forecasting" includes new section "Adjusting for Seasonal Variations" and 5 new problems.
• Chapter 6 "Inventory Control Models" includes 2 new QA in Action boxes, 4 new problems, and one new Modeling in the Real World.
• Chapter 8 "Linear Programming Applications":
• New case study "Cable & Moore".
• New QA in Action summary.
• The section "Transportation Applications" has been moved to the Chapter 9.
• New section "Other Linear Programming Applications".
• Chapter 9 "Transportation, Assignment, and Network Models" has been reorganized and presents all of the distribution, assignment, and network models that were earlier in two separate chapters.
• Chapter 11 "Project Management" includes 2 new end-of-chapter problems and 3 new QA in Action boxes.
• Chapter 12 "Waiting Lines and Queuing Theory Models" includes 2 new end-of-chapter problems.
• Chapter 13 "Simulation Modeling":
• New case study "FB Badpoore Aerospace".
• New Modeling in the Real World vignette.
• New QA in Action box.
• Chapter 14 "Markov Analysis" includes new QA in Action box and 2 new end-of-chapter problems.
• Chapter 15 "Statistical Quality Control" includes new Modeling in the Real World vignette, new QA in Action box, and 2 new end-of-chapter problems.
• New Module 8 "Transportation, Assignment, and Network Algorithms"