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Bite-sized Operations Management (Synthesis Lectures on Operations Research and Applications) free ebook download

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Management

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Author(s):	Mark S. Daskin

Date:	2021	Format:	pdf	Language:	English	ISBN/ASIN:	1636392334
Pages:	193	OCR:		Quality:		ISBN13:
Uploader:	gestalt	Upload Date:	10/22/2021 12:56:18 PM

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This text is an introduction to Operations Management. Three themes are woven throughout the book: optimization or trying to do the best we can, managing tradeoffs between conflicting objectives, and dealing with uncertainty. After a brief introduction, the text reviews the fundamentals of probability including commonly used discrete and continuous distributions and functions of a random variable. The next major section, beginning in Chapter 7, examines optimization. The key fundamentals of optimizationinputs, decision variables, objective(s), and constraintsare introduced. Optimization is applied to linear regression, basic inventory modeling, and the newsvendor problem, which incorporates uncertain demand. Linear programming is then introduced. We show that the newsvendor problem can be cast as a network flow linear programming problem. Linear programming is then applied to the problem of redistributing empty rental vehicles (e.g., bicycles) at the end of a day and the problem of assigning students to seminars. Several chapters deal with location models as examples of both simple optimization problems and integer programming problems. The next major section focuses on queueing theory including single-and multi-server queues. This section also introduces a numerical method for solving for key performance metrics for a common class of queueing problems as well as simulation modeling. Finally, the text ends with a discussion of decision theory that again integrates notions of optimization, tradeoffs, and uncertainty analysis. The text is designed for anyone with a modest mathematical background. As such, it should be readily accessible to engineering students, economics, statistics, and mathematics majors, as well as many business students.

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3044843	Book	https://florenfile.com/ye8dj71d3dnb/1636...		0.00	gestalt

Tags: Applications Bite-sized Lectures Management Operations Research Synthesis

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Bite-sized Operations Management (Synthesis Lectures on Operations Research and Applications) free ebook download

Category: Management

Description: Click to see full description

Category:
Management