ABSTRACT
Analyzing and building mathematical models of complex business situations ◾ Solving and refi ning the mathematical models typically using Excel spreadsheets or other ◾ software programs to gain insight into the business situation Communicating and implementing the resulting insights and recommendations based on ◾ these models
From my experience, the mathematical approaches used in this chapter are already known by most readers with intensive engineering backgrounds. Th us, our focus will be on how to use Excel software more effi ciently. We will use Excel Solver extensively to solve most of the problems throughout this chapter. Th is chapter owes extensively to Lawrence and Pasternack [1] .
