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Data, Models, and Decisions: The Fundamentals of Management Science
Data Models and Decisions The Fundamentals of Management Science Author:Dimitris Bertsimas The book combines topics from two traditionally distinct quantitative subjects: probability/statistics and optimization models, into one unified treatment of quantitative methods and models for management and business. The book stresses those fundamental concepts that are most important for the practical analysis of management decisions: modeli... more »ng and evaluating uncertainty explicitly, understanding the dynamic nature of decision-making, using historical data and limited information effectively, simulating complex systems, and allocating scarce resources optimally.« less