Prescriptive Analytics: Mastering the Spreadsheet of Everything

Author:   Jeffrey M. Keisler
Publisher:   Springer International Publishing AG
Edition:   2024 ed.
ISBN:  

9783031593529


Pages:   259
Publication Date:   25 August 2024
Format:   Hardback
Availability:   Manufactured on demand   Availability explained
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Prescriptive Analytics: Mastering the Spreadsheet of Everything


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Overview

This book combines the quantitative decision-informing techniques of management science and operations research with the data-centric techniques found throughout the world of analytics. The material uses only standard Excel spreadsheet features and functions for creating models. Using a step-by-step approach, readers learn a unified architecture for sensitivity, scenario, simulation, decision, and optimization analysis. Spreadsheets with numerous screenshots support visual, hands-on learning (and provide some surprising innovations). Special influence diagrams and non-intimidating but accurate terminology help explain the logic of the models and calculations. Well-structured chapters include guideposts, enrichment, and curated links to valuable external resources. Readers are encouraged to own their learning and think about future trajectories for themselves and the field. This book helps all readers quickly learn tools and concepts to use right away and to expand throughout a career. The book includes access to a companion website featuring workbooks and other valuable materials to support learning.

Full Product Details

Author:   Jeffrey M. Keisler
Publisher:   Springer International Publishing AG
Imprint:   Springer International Publishing AG
Edition:   2024 ed.
ISBN:  

9783031593529


ISBN 10:   3031593529
Pages:   259
Publication Date:   25 August 2024
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

1. Modeling.- 2. Sensitivity Analysis.- 3. Indexed Sensitivity Analysis.- 4. Scenario Analysis.- 5. Simulation Analysis.- 6. Customized Input Distributions.- 7. Decision Analysis – Expected Value Maximization.- 8. Decision Analysis – Advanced Topic.- 9. Optimization: Decisions With Constraints.- 10. Optimization: Excel Solver.- 11. Epilogue.

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Author Information

Jeffrey M. Keisler (MBA Chicago, PhD Harvard) is Professor of Management Science & Information Systems at University of Massachusetts Boston. He was President of the INFORMS Decision Analysis Society and founding Secretary of the former Spreadsheet Research Section at INFORMS. He was named a Fellow of the Society for Risk Analysis, a Fellow of the Society for Decision Professionals, and a Fulbright Distinguished Chair. He has published nearly 90 journal articles and several books and is a long-time associate editor for several INFORMS and EURO journals. Over 30+ years in industry, government, consulting and academia, he has been applying, implementing, developing, teaching and preaching spreadsheet tools and prescriptive analytics techniques.

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