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Computer Simulation in Management Science
 
 
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Computer Simulation in Management Science [Paperback]

Michael Pidd

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Michael Pidd
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Product Description

Product Description

The fifth edition of this book reflects its continued popularity and standing in the field. It provides a clear guide to the role of modelling and the computer simulation methods used in management science. Readers will find an in–depth coverage of the modelling, computing and statistical aspects of discrete simulation and systems dynamics.

Overall the book shows how practical simulation models are built and used, and provides the theory needed to do this. Revisions to this edition include a new chapter on Monte Carlo simulation using spreadsheets, a new look inside discrete simulation software and simulation models in Visual Basic, SIMUL8 and Micro Saint.

Further information can be found at:

http://www.lancs.ac.uk/staff/smamp/mpsim.html

From the Back Cover

The 5th edition of this popular book is essential for management science students, MBAs and practitioners in this area. It shows how practical simulation models are built and used, and provides the theory needed to do this – whatever software is used. It covers the modelling methods, computing and statistical requirements for successful simulation and includes:
  • a new chapter on Monte Carlo simulation using spreadsheets

  • a new look inside discrete simulation software

  • simulation models in Visual Basic, SIMUL8 and Micro Saint

  • system dynamics using Powersim

Inside This Book (Learn More)
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First Sentence
Management scientists are not easily separated from their computers and with good reason. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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4 of 4 people found the following review helpful:
5.0 out of 5 stars About, not how to, simulate, 14 Jun 2001
By David Vaughan - Published on Amazon.com
This review is from: Computer Simulation in Management Science (Paperback)
From the table of contents this book has a decided statistical bent but it does this to cover important issues of validation and reliability of models. The sections on discrete and systems dynamics modelling are both thorough and informative. I wondered if the computer programs were afterthoughts rather than necessary but it hardly matters given the book's value when it talks about the concepts and the practical considerations.
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