Page 50 -

30 CHAPTER 1 INTRODUCTION

Figure 1.7 Breakeven Point Found Using Excel’s Goal Seek Tool for the Nowlin
Plastics Production Example

Appendix 1.2 The Management Scientist Software

Developments in computer technology play a major role in making management
science techniques available to decision makers. A software package called The
Management Scientist Version 6.0 for most Windows operating systems is provided
1
on the online plaform accompanying this text. This software can be used to solve
problems in the text as well as small-scale problems encountered in practice. Using
The Management Scientist will provide an understanding and appreciation of the
role of the computer in applying management science to decision problems.
The Management Scientist contains 12 modules, or programmes, that will enable
you to solve problems in the following areas:
Chapters 2–6 Linear programming
Chapter 7 Transportation and assignment
Chapter 8 Shortest route and minimal spanning tree
Chapter 9 PERT/CPM
Chapter 10 Inventory models
Chapter 11 Waiting line models
Chapter 13 Decision analysis
Chapter 15 Integer linear programming (online)
Chapter 16 Forecasting (online)
Chapter 18 Markov processes (online)

1
Version 6.0 has been designed to run optimally on computers with screen resolutions of 1024 768 or higher.
Computers with lower screen resolutions can still run Version 6.0. Scroll bars appear when necessary for
working with large problems. See the ‘Digital Resources’ page in the front of the book for details on accessing
the online platform.

Copyright 2014 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s). Editorial review has
deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it.