Practical Management Science (with CD-ROM and Microsoft Project 2003 120 Day Version): Spreadsheet Modeling and Applications (with CD-ROM Update) this question feed

asked by jrivera on November 22, 2006 5:56 AM
This text takes an active-learning approach, providing numerous examples and problems so students can practice extensively with a concept before moving on. Four types of problems -- skill-building, skill-extending, modeling, and cases are graded within sections and chapters to help instructors assign homework. Another important feature is the way that the text integrates modeling into all functional areas of business: finance, marketing, operations management using real examples and real data. The text emphasizes modeling over algebraic formulations and memorization of particular models. Shell files are also provided so that instructors can give students as much or as little information as they need.


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It is full of errors. The explanations are difficult to follow. There are few highlights in the text which makes scanning for a quick review impossible. There is no chapter summary. The book presumes a thourough knowledge of Excel which many students do not have. Stay away!
reviewed by jrivera on November 27, 2006 5:52 PM

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Previous reviews inspired me for the purchase. This book is NOT MBA material. I would rate it at Business 101 book. Most spreadsheet models are basically the same using the SOLVER function in excel. There are better tutorials online.
reviewed by dannyboy on November 27, 2006 9:50 PM

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By incorporating Microsoft Excel spreadsheet examples of the problems, the authors have managed to make self-study management science possible. I'm absolutely convinced this is the best way to learn MS.
Anyone that has responsibility for making business decisions should keep a copy of this text nearby.
reviewed by bricktop on November 29, 2006 10:55 AM

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Used this book in B-school and loved modeling using @Risk (@Risk is the modelling software that comes with the book - pretty much self intuitive). My only complain with this book is that it was very focused on getting to the answer fast than really exaplaining the process and modeling techniques. After doing few examples you start to develop the intuition ... but I feel that the author could have done a better work in explaing the process behing modeling.
reviewed by shirley49 on November 29, 2006 3:59 PM

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