Book description
Reflects the latest applied research and features state-of-the-art
software for building and solving spreadsheet optimization models
Thoroughly updated to reflect the latest topical and technical
advances in the field, Optimization Modeling with Spreadsheets,
Second Edition continues to focus on solving real-world
optimization problems through the creation of mathematical models and
the use of spreadsheets to represent and analyze those models.
Developed and extensively classroom-tested by the author, the book
features a systematic approach that equips readers with the skills to
apply optimization tools effectively without the need to rely on
specialized algorithms.
This new edition uses the powerful software package Risk Solver
Platform (RSP) for optimization, including its Evolutionary Solver,
which employs many recently developed ideas for heuristic programming.
The author provides expanded coverage of integer programming and
discusses linear and nonlinear programming using a systematic approach
that emphasizes the use of spreadsheet-based optimization tools. The
Second Edition also features:
-
Classifications for the various problem types, providing the
reader with a broad framework for building and recognizing
optimization models
-
Network models that allow for a more general form of mass balance
-
A systematic introduction to Data Envelopment Analysis (DEA)
-
The identification of qualitative patterns in order to
meaningfully interpret linear programming solutions
-
An introduction to stochastic programming and the use of RSP to
solve problems of this type
Additional examples, exercises, and cases have been included
throughout, allowing readers to test their comprehension of the
material. In addition, a related website features Microsoft Office®
Excel files to accompany the figures and data sets in the book.
With its accessible and comprehensive presentation, Optimization
Modeling with Spreadsheets, Second Edition is an excellent book
for courses on deterministic models, optimization, and spreadsheet
modeling at the upper-undergraduate and graduate levels. The book can
also serve as a reference for researchers, practitioners, and
consultants working in business, engineering, operations research, and
management science.
Kenneth R. Baker, PhD
, is Nathaniel Leverone Professor of Management at the Tuck School of
Business and Adjunct Professor of Engineering at Dartmouth College. A
Fellow of the Institute for Operations Research and the Management
Sciences (INFORMS), Dr. Baker has published extensively in his area of
research interest, which include mathematical modeling, spreadsheet
engineering, and scheduling. He is coauthor of
Principles of Sequencing
and
Scheduling and Management Science: The Art of Modeling with
Spreadsheets, Third Edition
, both published by Wiley.