Discusses the use of optimizing techniques such as linear programming (LP) in managerial decision making. Argues that while LP has always offered a powerful tool for solving allocation type problems, the technique was rarely used except in large organizations. Lack of use has often been due, not...

Purpose The purpose of this paper is to propose a quantitative methodology for the identification of the causal relationships between strategic objectives in a strategy map of a balanced scorecard. This is done to face the possible weaknesses described in the literature regarding the causal...

Purpose – The purpose of this study was to establish an objective mathematical decision-making procedure to help universities prioritize credits, while using the Sustainability Tracking, Assessment and Rating System (STARS) framework developed by the Association for Advancement of...

Data Science for Business and Decision Making covers both statistics and operations research while most competing textbooks focus on one or the other. As a result, the book more clearly defines the principles of business analytics for those who want to apply quantitative methods in their work....

Verlagstext: Obwohl mathematische Kenntnisse zum unverzichtbaren Rüstzeug für Ökonomen gehören, stellen sie häufig ein schwer zu überwindendes Hindernis in Studium und Beruf dar. Das gut eingeführte Lehrbuch will dem Leser vorhandene mathematische Berührungsängste nehmen. Fachlich...