April 2016
Intermediate to advanced
284 pages
9h 26m
English
book
Practical Spreadsheet Risk Modeling for Management
by Dale Lehman, Huybert Groenendaal, Greg Nolder
Content preview from Practical Spreadsheet Risk Modeling for Management
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211
7
Optimization and Decision Making
LEARNING OBJECTIVES
• Understand when and where optimization is appropriate and useful.
• Appreciate how to use tables to get approximately optimal solutions.
• Learn how to use OptQuest to nd optimal solutions.
• Learn how to combine optimization and simulation.
• Understand the difference between Excel’s Solver and OptQuest.
• Understand potential trade-offs between risk and return.
• Understand the differences between constraints and requirements.
• Learn how to use simulation to improve decision making.
7.1 Introductory Case: Airline Seat Pricing
The airline industry has led the revolution in revenue ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.