Building Intuition Insights from Basic Operations Management Models and Principles
One of the primary purposes of any model is to build intuition and generate insights. Typically, a model is developed to be able to better understand phenomena that are otherwise difficult to comprehend. Models can also help in verifying the correctness of an intuition or judgment. In spite of the f...
| Other Authors: | , |
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| Format: | eBook |
| Language: | English |
| Published: |
New York, NY
Springer US
2008, 2008
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| Edition: | 1st ed. 2008 |
| Series: | International Series in Operations Research & Management Science
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| Subjects: | |
| Online Access: | |
| Collection: | Springer eBooks 2005- - Collection details see MPG.ReNa |
Table of Contents:
- Sequencing: The Shortest Processing Time Rule
- The Knapsack Problem
- Flexibility Principles
- Single Server Queueing Models
- Little's Law
- The Median Principle
- The Newsvendor Problem
- The Economic Order-Quantity (EOQ) Model
- Risk Pooling