A state-of-the-art introduction to the powerful mathematical and statistical tools used in the field of finance

The use of mathematical models and numerical techniques is a practice employed by a growing number of applied mathematicians working on applications in finance. Reflecting this development, Numerical Methods in Finance and Economics: A MATLAB?-Based Introduction, Second Edition bridges the gap between financial theory and computational practice while showing readers how to utilize MATLAB?--the powerful numerical computing environment--for financial applications.
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unique introduction to distribution logistics that focuses on both quantitative modeling and practical business issues

Introduction to Distribution Logistics presents a complete and balanced treatment of distribution logistics by covering both applications and the required theoretical background, therefore extending its reach to practitioners and students in a range of disciplines such as management, engineering, mathematics, and statistics. The authors emphasize the variety and complexity of issues and sub-problems surrounding distribution logistics as well as the limitations and...

Advanced modeling techniques are a necessary tool in order to design and manage manufacturing systems effectively. This book contains a set of tutorial chapters on topics ranging from aggregate production planning to real time control, including predictive and reactive scheduling, flow management in assembly systems, simulation of robotic cells, design of manufacturing systems under uncertainty and a historical perspective on production management philosophies. The book will be of interest both to researchers and practitioners, including graduate students in Manufacturing Engineering and...

An accessible introduction to the essential quantitative methods for making valuable business decisions

Quantitative methods-research techniques used to analyze quantitative data-enable professionals to organize and understand numbers and, in turn, to make good decisions. Quantitative Methods: An Introduction for Business Management presents the application of quantitative mathematical modeling to decision making in a business management context and emphasizes not only the role of data in drawing conclusions, but also the pitfalls of undiscerning reliance of software packages that...

Advanced modeling techniques are a necessary tool in order to design and manage manufacturing systems effectively. This book contains a set of tutorial chapters on topics ranging from aggregate production planning to real time control, including predictive and reactive scheduling, flow management in assembly systems, simulation of robotic cells, design of manufacturing systems under uncertainty and a historical perspective on production management philosophies. The book will be of interest both to researchers and practitioners, including graduate students in Manufacturing Engineering and...

An accessible treatment of Monte Carlo methods, techniques, and applications in the field of finance and economics

Providing readers with an in-depth and comprehensive guide, the Handbook in Monte Carlo Simulation: Applications in Financial Engineering, Risk Management, and Economics presents a timely account of the applicationsof Monte Carlo methods in financial engineering and economics. Written by an international leading expert in thefield, the handbook illustrates the challenges confronting present-day financial practitioners and provides various applicationsof Monte...

The scope of this volume is primarily to analyze from different methodological perspectives similar valuation and optimization problems arising in financial applications, aimed at facilitating a theoretical and computational integration between methods largely regarded as alternatives. Increasingly in recent years, financial management problems such as strategic asset allocation, asset-liability management, as well as asset pricing problems, have been presented in the literature adopting formulation and solution approaches rooted in stochastic programming, robust optimization, stochastic...