Textbook Information/Ordering for:

Data, Models, and Decisions: The Fundamentals of Management Science

by Dimitris Bertsimas and Robert M. Freund

published by Dynamic Ideas, LLC 2004


This textbook combines topics from two traditionally distinct quantitative subjects, probability/statistics and management science, into one unified treatment of quantitative methods and models for management and business. The book stresses those fundamental concepts that are the most important for the practical analysis of management decisions. It focuses on modeling and evaluating uncertainty explicitly, understanding the dynamic nature of decision making, using historical data and limited information effectively, simulating complex systems, and allocating scarce resources optimally.

Do you want to purchase the textbook?

Click here.


Considering the textbook for course adoption?

If you are a professor considering this textbook for adoption, click here.

Return to my Homepage