Quantitative analysis for decision makers

"Quantitative Analysis for Decision Makers, 8th Edition, by Wisniewski, Shafti and Yeo answers the quintessential question that lies at the heart of every manager's role: deciding what to do and how to do it. It provides an accessible introduction to quantitative methods of analysis to management decision-making by relating techniques directly to real-life business decisions in public and private sector organisations. Suitable for students on introductory-level courses as well as MBA and postgraduate courses, this internationally popular text focuses on the practical application of the techniques rather than on mechanical calculation. The use of real data sets helps you understand that in the real world such analysis is often time-consuming and messy, but nevertheless essential for effective decision making. The new edition offers: Updated case illustrations from global business organisations as well as the public sector. Extended discussion of how artifi cial intelligence (AI) impacts on quantitative analysis and decision making. 'QADM in action' case studies illustrating how organisations benefi t from the use of analytical techniques in the real world. Coverage of recent developments such as Big Data and business analytics; developments in multi-criteria decision analysis and data mining; agent-based simulation; data visualisation. Fully worked examples and exercises supported by Excel data sets to show how to approach a particular problem using the techniques"-- Provided by publisher