Financial Models Using Simulation and Optimization: A Step-By-Step Guide With Excel and Palisade's DecisionTools Software

by Wayne L. Winston

Book Overview

Book annotation not available for this title.Title: Financial Models Using Simulation and OptimizationAuthor: Winston, Wayne L.Publisher: Palisade CorpPublication Date: 2008/01/01Number of Pages:... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 1893281086
• ISBN13: 9781893281080
• Release Date: January 2008
• Publisher: Palisade Corp
• Length: 459 Pages
• Weight: 1.70 lbs.
• Dimensions: 8.8" x 1.0" x 7.0"

Customer Reviews

Financial Models Using Simulation and Optimization: A Step-By-Step Guide With Excel and Palisade's D

I highly recommend this book to anyone working with Excel & Financial Models. The author has straight forward examples that highlight approaches & methods that will help you leverage the power of Microsoft Excel. Incorporating Excels Solver can be very beneficial for financial planning and this text helps accelerate you along the learning curve at a rapid pace. I have used his "yield curve" technique, "Linear Regression" technique, and "Modeling Relationships Involving More than One Independent Variable" technique. I used this last technique to model prepayment speeds of mortgage loans consisting mainly of ARM loans (COFI & MTA). The investment in the text is small compared to the wealth of information at your disposal. It will make a great reference book.

Nice book

nice book for the starters and great concepts to learn excel in an exciting way.

An execellent guide to intermediate/advanced models

This book does what it says it does in the title. It is a hand-on, step-by-step guide to constructing spreadsheet models to assist with decision making. The book guides the reader through intermediate to advanced modelling topics and is written at a level that is accessable to the novice and intermediate user. Advanced users are probably already familiar with the techniques presented. Someone interested in the tiresome advanced mathematics behind the models should look instead to academic journals . . . someone interested in APPLYING that stuff to something useful should consider this book.

Excellent resource for marketing or finance manager

The book provides step-by-step method to guide you to build financial models for your company. Once you understand the basic foundation, you could use the tools to build more complex models.

it is easy to use and understand

I use this book for a lab I teach in advanced airline economics. It is very easy to use and understand and covers basic excel financial and statistical models.The students have no problems using it.