By Dennis J. Sweeney, Thomas A. Williams
This revision of QUANTITATIVE tools FOR enterprise offers scholars with a conceptual figuring out of the function that quantitative equipment play within the decision-making procedure. this article describes the various quantitative equipment which have been constructed through the years, explains how they paintings, and exhibits how the decision-maker can follow and interpret info. Written with the non-mathematician in brain, this article is applications-oriented. Its "Problem-Scenario procedure" motivates and is helping scholars comprehend and practice mathematical suggestions and methods. furthermore, the managerial orientation motivates scholars by utilizing examples that illustrate events during which quantitative equipment are valuable in selection making.