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Rating: Summary: Software is 10 day trial version only Review: Anyone in operations will find something of value in this book. There is a good variety of problems, and good explanations of how to solve them. The book is accompanied with Palisade.com's Risk Optimizer software. Be sure to check their web site; they post updates to software, and they seem like a pretty good company to deal with, as well.With his various books and software, Dr Winston really helps the business manager leverage his productivity.
Rating: Summary: Great non-linear optimization tool Review: Anyone in operations will find something of value in this book. There is a good variety of problems, and good explanations of how to solve them. The book is accompanied with Palisade.com's Risk Optimizer software. Be sure to check their web site; they post updates to software, and they seem like a pretty good company to deal with, as well. With his various books and software, Dr Winston really helps the business manager leverage his productivity.
Rating: Summary: Software is 10 day trial version only Review: I was disappointed to discover that RISKOptimizer software included with this book was just a 10-day trial version. After that, you have to buy the $700 license for the software. For books like this, obviously aimed to a large extent at business students, it seems much more logical to include a reduced capacity version with a perpetual license, as other similar books do.
Rating: Summary: overall good examples, with exemption of option pricing ones Review: The first impression from the book was great. There are really good examples of different optimization problems - product mix, manpower allocation etc. However, missing example files from the chapters on option pricing have ruined this good impression. Without the example files (that are supposed to be on the accompanying CD) the chapters loose a good portion of their value, as the historical data are missing, which is hard to recreate and check if you understand the material right. Another bad experience with the book is the fact that CD that came with the first book that I received was damaged and completely unusable. Thanks to the Amazon.com, they sent me the second copy of the book with a new CD free of charge. But the facts are that if you buy the book, you cannot be sure that the CD is usable, and if it is, then some of the example files will be missing. In my opinion, for the price they charge for the book, you could expect a little bit more quality.
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