INFORMS Open Forum

Version 3.7.0 of Decision Modeling

  • 1.  Version 3.7.0 of Decision Modeling

    Posted 02-17-2025 15:03

    Version 3.7.0 of Decision Modeling is available for free pdf download from: https://linney.mun.ca/pages/view.php?ref=36808. Here are the changes from Version 3.6.2:

    (a) In Chapter 1, two images of the Home Tab in Excel are now shown in the latest version (this was last updated in 2023).

    (b) In Chapter 2, a screenshot from Version 21 of LINGO for Windows has been added (was Version 20).

    (c) In Chapter 6, the Field Hospitals case (inspired by COVID-19) has been added. Because of this, the new version of the book is four pages longer. This case is a bit unusual in that it contains no financial data.

    (d) There have also been a few very minor changes throughout the book.

    This book covers the modeling of linear and integer programming, sensitivity analysis, goal and non-linear programming, and decision analysis. Problem solutions are obtained using both LINGO and the Excel Solver. The use of LINGO is in scalar mode, which avoids the use of sets, thereby making things easier for the intended audience of business students doing a survey course on optimization.

    Even if you are teaching an OR course which overlaps only part of the coverage of this pdf, you might wish to include it in a reading list. It is and will always remain a free resource.

    The solutions to all the end-of-chapter problems are as they were for Version 3.6.0, but I have added a Teaching Note for the Field Hospitals case as a separate file. These solutions, made as eleven pdf files totalling 373 pages, can be requested by professors using their official email addresses by contacting me at dtulett@mun.ca.

    --
    David M. Tulett, PhD
    Retired from the
    Faculty of Business Administration
    Memorial University
    St. John's, NL, Canada, A1B 3X5
    dtulett@mun.ca
    “... read, mark, learn, and inwardly digest ...”

    We acknowledge that the lands on which Memorial University’s campuses are situated are in the traditional territories of diverse Indigenous groups, and we acknowledge with respect the diverse histories and cultures of the Beothuk, Mi’kmaq, Innu, and Inuit of this province.