Download or read book Operations Management a Quantitative Approach written by P. B. Mahapatra and published by PHI Learning Pvt. Ltd.. This book was released on 2010 with total page 645 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is specially designed to suit the latest syllabi of courses on Production/Operations Management offered by various universities to the undergraduate students of Mechanical Engineering, Production Engineering and Industrial Engineering as well as students of Master of Business Administration (MBA) specializing in Production and Operations Management stream. The book offers a balanced coverage of the fundamental principles of managing operations and the quantitative techniques used to support the functions of operations management. There are many worked-out examples in each chapter to enable students to comprehend the quantitative material of the book. The text is divided into two parts. Techniques of operations research such as linear programming, transportation assignment models, dynamic optimization and waiting line models are discussed in Part I. Some generic classes with functions for array and matrix manipulation, analysis of queuing models and evaluation of probability for some standard distributions have been defined and used throughout for writing programs for diverse managerial applications. Part II is devoted to a detailed discussion of management functions such as Product Design and Development, Forecasting, Capacity Analysis, Plant Layout, Assembly Line Balancing, Inventory Control, Materials Requirement Planning, Production Scheduling, Quality Control, Total Quality Management, Just in Time (JIT), Supply Chain Management, Maintenance Management and Six Sigma. Small computer programs have been given wherever required for solving practical problems. The functions developed in generic base classes have been used to take advantage of source code reusability offered by Object Oriented Programming (C++).
Download or read book Quantitative Methods written by Paolo Brandimarte and published by John Wiley & Sons. This book was released on 2012-01-03 with total page 812 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 implement standard statistical procedures. With hands-on applications and explanations that are accessible to readers at various levels, the book successfully outlines the necessary tools to make smart and successful business decisions. Progressing from beginner to more advanced material at an easy-to-follow pace, the author utilizes motivating examples throughout to aid readers interested in decision making and also provides critical remarks, intuitive traps, and counterexamples when appropriate. The book begins with a discussion of motivations and foundations related to the topic, with introductory presentations of concepts from calculus to linear algebra. Next, the core ideas of quantitative methods are presented in chapters that explore introductory topics in probability, descriptive and inferential statistics, linear regression, and a discussion of time series that includes both classical topics and more challenging models. The author also discusses linear programming models and decision making under risk as well as less standard topics in the field such as game theory and Bayesian statistics. Finally, the book concludes with a focus on selected tools from multivariate statistics, including advanced regression models and data reduction methods such as principal component analysis, factor analysis, and cluster analysis. The book promotes the importance of an analytical approach, particularly when dealing with a complex system where multiple individuals are involved and have conflicting incentives. A related website features Microsoft Excel® workbooks and MATLAB® scripts to illustrate concepts as well as additional exercises with solutions. Quantitative Methods is an excellent book for courses on the topic at the graduate level. The book also serves as an authoritative reference and self-study guide for financial and business professionals, as well as readers looking to reinforce their analytical skills.
Download or read book Quantitative Methods for Management written by Miguel Ángel Canela and published by Springer. This book was released on 2019-07-03 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the use of quantitative methods for both business and management, helping readers understand the most relevant quantitative methods for managerial decision-making. Pursuing a highly practical approach, the book reduces the theoretical information to a minimum, so as to give full prominence to the analysis of real business problems. Each chapter includes a brief theoretical explanation, followed by a real-life managerial case that needs to be solved, which is accompanied by a corresponding Microsoft Excel® dataset. The practical cases and exercises are solved using Excel, and for each problem, the authors provide an Excel file with the complete solution and corresponding calculations, which can be downloaded easily from the book’s website. Further, in an appendix, readers can find solutions to the same problems, but using the R statistical language. The book represents a valuable reference guide for postgraduate, MBA and executive education students, as it offers a hands-on, practical approach to learning quantitative methods in a managerial context. It will also be of interest to managers looking for a practical and straightforward way to learn about quantitative methods and improve their decision-making processes.
Download or read book Operations Management written by Ayoob Bahar and published by CreateSpace. This book was released on 2014-11-20 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Operations management is an area of management concerned with overseeing, designing, and controlling the process of production and redesigning business operations in the production of goods or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as few resources as needed, and effective in terms of meeting customer requirements. It is concerned with managing the process that converts inputs (in the forms of raw materials, labor, and energy) into outputs (in the form of goods and/or services). The relationship of operations management to senior management in commercial contexts can be compared to the relationship of line officers to highest-level senior officers in military science. The highest-level officers shape the strategy and revise it over time, while the line officers make tactical decisions in support of carrying out the strategy. In business as in military affairs, the boundaries between levels are not always distinct; tactical information dynamically informs strategy, and individual people often move between roles over time. Contents 1 Introduction 8 1.1 What is Operations Management? 8 1.2 Manufacturing and Service Operations 8 1.3 The Systems View of Operations Management 9 1.4 The Process View of Organisations 10 2 Operations Strategy 11 2.1 What is Strategy? 11 2.2 Levels of Strategy 11 2.3 The Role of Operations in Strategy Development 11 2.4 Operations Competitive Priorities 12 3 Product Design and Process Selection 14 3.1 Generating Ideas 14 3.2 Product Screening 14 3.3 Preliminary Design 16 3.4 Final Design 16 3.5 Methods for Improving Product Design 17 3.6 Process Selection 17 4 Total Quality Management 20 4.1 The Cost of Quality 20 4.2 Quality Systems 22 5 Statistical Process Control 24 5.1 Chance Causes of Variation 24 5.2 Assignable Causes of Variation 24 5.3 Types of Control Charts 24 6 Supply Chain Management 25 6.1 Fluctuations in the Supply Chain 25 6.2 Supply Chain Procurement 26 6.3 Supply Chain Distribution 28 7 JIT and Lean Systems 30 7.1 Eliminate Waste 30 7.2 Continuous Improvement 30 7.3 JIT Pull Systems 31 8 Capacity Planning 33 8.1 Identifying Capacity Requirements 33 8.2 Evaluating Capacity Plans 34 Facility Location and Layout 36 9.1 Facility Location 36 9.2 Location Factors 37 9.3 Layout Design 37 9.4 Designing Product Layouts - Line Balancing 40 10 Work Systems Design 42 10.1 Job Enlargement 42 10.2 Job Enrichment 43 10.3 Implementation of Work Design Approaches 43 10.4 Methods Analysis 44 10.5 Motion Study 45 10.6 Work Measurement 46 10.7 Learning Curves 49 11 Project Management 51 11.1 Project Management Activities 51 11.2 Network Analysis 52 12 Inventory Management 57 12.1 Dependent Demand 57 12.2 Independent Demand 57 Executive Education Types of Inventory 57 12.4 Inventory Decisions 58 12.5 The Economic Order Quantity (EOQ) Model 58 12.6 The Re-Order Point (ROP) Model 59 12.7 The ABC Inventory Classification System 61 Bibliography 62
Download or read book Quantitative Approaches to Management written by Richard I. Levin and published by . This book was released on 1965 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Quantitative Methods written by Louise Swift and published by Bloomsbury Publishing. This book was released on 2014-06-06 with total page 727 pages. Available in PDF, EPUB and Kindle. Book excerpt: The new edition of this highly successful and popular textbook is a comprehensive, easy-to-follow guide to using and interpreting all the quantitative techniques that students will encounter in their later business and financial careers; from fundamental principles through to more advanced applications. Topics are explained in a clear, friendly step-by-step style, accompanied by examples, exercises and activities, making the text ideal for self-tuition or for the student with no experience or confidence in working with numbers. This highly successful learning-by-doing approach, coupled with the book's clear structure, will enable even the most maths-phobic student to understand these essential mathematical skills. Comprehensive in both its scope of coverage and the range of abilities it caters for, this remains a core textbook for undergraduate students of business, management and finance, for whom Quantitative Methods modules will be a key component. It will also appeal to those on related MBA and postgraduate courses. New to this Edition: - Business Modelling 'Moving on...' feature with integrated web and book activities to promote student engagement with the application of mathematical techniques in real-life workplaces - Extensive revamp of two Statistics chapters based on student and lecturer feedback - Crucial updated practical guides to using Excel and SPSS - Integrated companion website resources helps relate theory to real world examples
Download or read book An Introduction to Management Science Quantitative Approach written by David R. Anderson and published by Cengage Learning. This book was released on 2018-01-01 with total page 912 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gain a sound conceptual understanding of the role that management science plays in the decision-making process with the market leader that integrates the latest developments in Microsoft Office Excel 2016. The market-leading Anderson/Sweeney/Williams/Camm/Cochran/Fry/Ohlmann's AN INTRODUCTION TO MANAGEMENT SCIENCE: QUANTITATIVE APPROACHES TO DECISION MAKING, 15E uses a proven problem-scenario approach to introduce each quantitative technique within an applications setting. All data sets, applications, and screen visuals reflect the details of Excel 2016 to effectively prepare readers to work with the latest spreadsheet tools. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
Download or read book Quantitative Models for Supply Chain Management written by Sridhar Tayur and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 851 pages. Available in PDF, EPUB and Kindle. Book excerpt: Quantitative models and computer-based tools are essential for making decisions in today's business environment. These tools are of particular importance in the rapidly growing area of supply chain management. This volume is a unified effort to provide a systematic summary of the large variety of new issues being considered, the new set of models being developed, the new techniques for analysis, and the computational methods that have become available recently. The volume's objective is to provide a self-contained, sophisticated research summary - a snapshot at this point of time - in the area of Quantitative Models for Supply Chain Management. While there are some multi-disciplinary aspects of supply chain management not covered here, the Editors and their contributors have captured many important developments in this rapidly expanding field. The 26 chapters can be divided into six categories. Basic Concepts and Technical Material (Chapters 1-6). The chapters in this category focus on introducing basic concepts, providing mathematical background and validating algorithmic tools to solve operational problems in supply chains. Supply Contracts (Chapters 7-10). In this category, the primary focus is on design and evaluation of supply contracts between independent agents in the supply chain. Value of Information (Chapters 11-13). The chapters in this category explicitly model the effect of information on decision-making and on supply chain performance. Managing Product Variety (Chapters 16-19). The chapters in this category analyze the effects of product variety and the different strategies to manage it. International Operations (Chapters 20-22). The three chapters in this category provide an overview of research in the emerging area of International Operations. Conceptual Issues and New Challenges (Chapters 23-27). These chapters outline a variety of frameworks that can be explored and used in future research efforts. This volume can serve as a graduate text, as a reference for researchers and as a guide for further development of this field.
Download or read book Health Care Operations Management written by James R. Langabeer and published by . This book was released on 2014-08-14 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book QUANTITATIVE MODELS IN OPERATIONS AND SUPPLY CHAIN MANAGEMENT written by SRINIVASAN, G. and published by PHI Learning Pvt. Ltd.. This book was released on 2017-11-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: The thoroughly revised and updated book, now in its second edition, continues to present a comprehensive view of the concepts and applications of various quantitative models used in the study of operations and supply chain management. It provides a complete account of location and layout models, production planning models, production control models, cycle inventory models, safety stock models and transportation models. A separate chapter on real-life situations provides the user with the knowledge of specific areas where the models have been applied in decision-making processes. The various techniques to solve operations and supply chain management problems are also discussed. The text is supported by a large number of illustrative examples, exercises and review questions to reinforce the students’ understanding of the subject matter. Designed as a textbook for the students of mechanical and industrial engineering, the book would also be useful to postgraduate students of management. NEW TO THE SECOND EDITION • Two new chapters on ‘Production Control—Additional Approaches’ (Chapter 6) and ‘Materials Planning and Lot Sizing’ (Chapter 8) • Forecasting and Aggregate Planning are described in two separate chapters • Each chapter includes new sections, additional examples, illustrations, short questions and exercises • Provides solutions to the exercises
Download or read book Quantitative Methods in Health Care Management written by Yasar A. Ozcan and published by John Wiley & Sons. This book was released on 2009-04-20 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thoroughly revised and updated for Excel®, this second edition of Quantitative Methods in Health Care Management offers a comprehensive introduction to quantitative methods and techniques for the student or new administrator. Its broad range of practical methods and analysis spans operational, tactical, and strategic decisions. Users will find techniques for forecasting, decision-making, facility location, facility layout, reengineering, staffing, scheduling, productivity, resource allocation, supply chain and inventory management, quality control, project management, queuing models for capacity, and simulation. The book's step-by-step approach, use of Excel, and downloadable Excel templates make the text highly practical. Praise for the Second Edition "The second edition of Dr. Ozcan's textbook is comprehensive and well-written with useful illustrative examples that give students and health care professionals a perfect toolkit for quantitative decision making in health care on the road for the twenty-first century. The text helps to explain the complex health care management problems and offer support for decision makers in this field." Marion Rauner, associate professor, School of Business, Economics, and Statistics, University of Vienna. "Quantitative Methods in Health Care Administration, Second Edition covers a broad set of necessary and important topics. It is a valuable text that is easy to teach and learn from." David Belson, professor, Department of Industrial Engineering, Viterbi School of Engineering, University of Southern California.
Download or read book Operations Management of Distributed Service Networks written by Niv Ahituv and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Distributed service networks encompass various facilities with which we have daily contact. In the public sector they include, for instance, ambulance, fire, and police services; in the business sector they include maintenance and repair services, road services, courier services, and the like. Policy making problems in distributed service networks can be clearly classified into a number of hierarchical levels. The levels are distinguished by the time horizon of the problem, by the amount of cost involved in the implementation of a solution, and by the political implications of the solution. This top-down classification is typical of what is known as the "systems approach," advocating that the direction of the analysis of complex systems should be from the whole to the details. The top-down classification consists of the following categories of policies: 1. Zoning: How should a network be partitioned into subzones? 2. Station location: Where should service stations or service units be located? 3. Resource allocation: What amount of resources should be allocated to the stations? vii viii Preface 4. Dispatching, routing, and repositioning: What is the optimal dis patching policy, what are the optimal routes for nonbusy units, and under what circumstances is it worthwhile to reposition a certain idle unit? A top-down approach implies that each of the problems is solved separately; however, the solution of a higher-level problem sets constraints on problems at lower levels.
Download or read book Production and Operations Management written by Joseph S. Martinich and published by Wiley. This book was released on 1996-10-28 with total page 944 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this new text, the author blends accessible coverage of quantitative methods with engaging qualitative topics. Meaningful examples clearly illustrate the logic and analytical thought process of modeling, and behavioral analysis is included in the use and implementation of analytical models. With a unique chapter of plant tours early in the book, students get a real-world, practical orientation throughout the text. * "On the Job" boxes- profiles of people in professions outside of operations who use operations management concepts daily- demonstrate the importance of Operations management to non-majors. * Quantitative and qualitative issues are fully integrated. Extended examples and real-world cases show students the range of analysis needed to manage, and how these tools are complementary rather than mutually exclusive. * Four different Plant Tours- including both manufacturing and service operations- show students real production systems in action. * "In Good Company" boxes demonstrate the importance of operations management in real companies. * The coverage is state-of-the-art throughout, including Lean Production. Just-in-time production, EDI, concurrent engineering and cellular production. Sections on ecological implications are included in several chapters.
Download or read book Research Methods for Operations Management written by Christer Karlsson and published by Routledge. This book was released on 2016-05-31 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Methods for Operations Management, second edition is a toolkit of research approaches primarily for advanced students and beginner researchers but also a reference book for any researcher in OM. Many students begin their career in research limited by the one or few approaches taken by their department. The concise, accessible overviews found here equip them with an understanding of a variety of methods and how to use them, enabling them to tailor their research project to their own strengths and goals. The more seasoned researcher will find comprehensive descriptions and analyses on a wide variety of research approaches. This updated and enhanced edition responds to the latest developments in OM, including the growing prominence of services and production of intangible products, and the increasing use of secondary data and of mixed approaches. Alternative research approaches are included and explored to help with the early planning of research. This edition also includes expanded literature review and analysis to guide students towards the next steps in their reading, and more detailed step-by-step advice to tie theory with the researcher’s own practice. Including contributions from an impressive range of the field’s leading thinkers in OM research, this is a guide that no-one embarking on an OM research project should be without.
Download or read book Operations Management written by Mark A. Vonderembse and published by . This book was released on 2004 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: Effective operations management lies at the heart of almost every successful organization—from the research and development that goes into creating new products, to information systems that improve productivity and reduce lead-time. Whether your future career is in marketing, accounting, engineering, or information systems, you'll find the knowledge, tools, and practical advice you need to implement successful operations management right here in OPERATIONS MANAGEMENT: CONCEPTS, METHODS, AND STRATEGIES.
Download or read book An Introduction to Management Science A Quantitative Approach to Decision Making written by David Anderson and published by Cengage Learning. This book was released on 2007-04-19 with total page 900 pages. Available in PDF, EPUB and Kindle. Book excerpt: Learn today's management science concepts and techniques--and how they will benefit you in the classroom and business world beyond--with the definitive leader in management science, INTRODUCTION TO MANAGEMENT SCIENCE: A QUANTITATIVE APPROACH TO DECISION MAKING, 12E. The latest edition of this leading text blends a readable style with a wealth of examples that demonstrate how businesses throughout the world use management science techniques to further their success. Proven, realistic problems help strengthen critical problem-solving skills, while numerous self-test exercises with complete solutions allow you to immediately check your personal understanding of the material. Every new edition now includes the highly respected LINGO 10 software that is integrated with text problems to help you develop the skills to use this, Excel, and many other valuable software packages to resolve management science problems. This edition now places greater emphasis on the applications of management science and use of computer software with less focus on algorithms. Much of the algorithm coverage as well as Excel templates and add-in software, and the user-friendly Management Scientist software are available on the text's accompanying Student CD. Trust INTRODUCTION TO MANAGEMENT SCIENCE, 12E to introduce the management science skills you need now and into the future with clarity you can understand and practicality you can immediately apply. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
Download or read book Operations Management written by R. Dan Reid and published by John Wiley & Sons. This book was released on 2015-09-28 with total page 704 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text is an unbound, three hole punched version. In Operations Management: An Integrated Approach, Binder Ready Version, 6th Edition, Dan Reid and Nada Sanders have strengthened their commitment to improve the teaching and learning experience in the introductory operations management course. The text provides a solid foundation of Operations Management with clear, guided instruction and a balance between quantitative and qualitative concepts. Through an integrated approach, the authors illustrate how all business students will interact with Operations Management in future careers.
