Introduction to Simulation and Risk Analysis (2nd Edition)
Author: James R. Evans, David L. Olson, James R Evans
List Price: $110.00
Our Price: Click to see the latest and low price
ISBN: 0130329282
Publisher: Prentice Hall (03 July, 2001)
Sales Rank: 187,803
Average Customer Rating: 4 out of 5
Customer Reviews
Rating: 3 out of 5
For lack of a better alternative......
I used this book for a graduate school class and wasn't impressed. The book is poorly written and the questions at the ends of the chapters have too many errors. Learning to use simulation modeling requires hands-on activities and when those activities are poorly conceived, or simply incorrect, it seriously inhibits the learning process. Personally, I'd rather have typos in the main text of the book than unaswerable questions at the end of chapters. However, the book does provide an introduction to a broad range of areas in which simulation modeling can be used and for lack of a better alternative, I won't give it a lower score. Most of the problems I found with this book could be fixed by using a better editor.
Rating: 5 out of 5
The better way to learn Risk assessment
I have this book for sometimes for my research area is simulation. Now I need to seriously study the Risk analysis for the ERP implementation for the real-business and I found this book is quite useful. Comparing to the Risk management book, this book gives you more quantitative analysis using simulation approach. Hence, this book will guide you for more tangible subject rather than intangible subject.
I agree with other reviewer for the "student version" of the software, come with this book. It would be great if the authors provide the "bigger" size than student level for better analysis the bigger system :) I wish the authors read my note here :)
Rating: 4 out of 5
Risk Analysis made easy
I bought the book two years ago to get up to speed with risk analysis. I'll now buy it again because I had to leave the last copy with my former employer. The book is very well written, clear and concise with good worked examples so that even a non-mathematically-inclined person and statistics novice will readily grasp the basic concepts and be able to use the enclosed software CD. Very good! My one only gripe is that the demo software included with the book is limited to a "student" level of performance, but I guess if you get heavily into it it'll be worth to pay the extra to get the full version of the Excel add-on which runs the calculations. Similar Products
Strategic Decision Making: Multiobjective Decision Analysis with Spreadsheets
Risk Modeling for Determining Value and Decision Making
Spreadsheet Modeling and Decision Analysis: A Practical Introduction to Management Science
Risk Assessment and Decision Making in Business and Industry: A Practical Guide
Risk Analysis: A Quantitative Guide
Book Index