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020 _a9783031024931
_9978-3-031-02493-1
024 7 _a10.1007/978-3-031-02493-1
_2doi
050 4 _aT57.6-57.97
050 4 _aT55.4-60.8
072 7 _aKJT
_2bicssc
072 7 _aBUS049000
_2bisacsh
072 7 _aKJT
_2thema
082 0 4 _a003
_223
100 1 _aDaskin, Mark S.
_eauthor.
_4aut
_4http://id.loc.gov/vocabulary/relators/aut
_981350
245 1 0 _aBite-Sized Operations Management
_h[electronic resource] /
_cby Mark S. Daskin.
250 _a1st ed. 2021.
264 1 _aCham :
_bSpringer International Publishing :
_bImprint: Springer,
_c2021.
300 _aXXIII, 169 p.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
490 1 _aSynthesis Lectures on Operations Research and Applications,
_x2770-6311
505 0 _aList of Figures -- List of Tables -- Preface -- Acknowledgments -- Introduction to Operations Management -- Fundamentals of Uncertainty Analysis -- Intuition About Probability -- Discrete Probability Distributions -- Continuous Probability Distributions -- Functions of a Random Variable -- Fundamentals of Optimization -- Basic Inventory Management -- Inventory Management with Uncertain Demand -- Introduction to Linear Programming -- The Transportation Problem -- Assigning Students to Seminars -- Analytic Location Modeling -- Minimizing the Average Distance to a Facility -- A Facility Location Tradeoff -- Fundamentals of Queueing Theory -- A Single-Server Queue -- A More General Single-Server Queue and The Impact of Variability on Queueing Performance -- A Simple Multi-Server Queue -- Solving Queueing Equations Numerically and Simulating the Performance of a Queue -- Decision Theory -- Summary, Where to Next, and Final Thoughts -- Index -- Author's Biography.
520 _aThis 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 optimization-inputs, decision variables, objective(s), and constraints-are 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.
650 0 _aOperations research.
_912218
650 0 _aManagement science.
_98316
650 0 _aMathematical optimization.
_94112
650 1 4 _aOperations Research, Management Science.
_931720
650 2 4 _aOptimization.
_981351
650 2 4 _aOperations Research and Decision Theory.
_931599
710 2 _aSpringerLink (Online service)
_981352
773 0 _tSpringer Nature eBook
776 0 8 _iPrinted edition:
_z9783031003219
776 0 8 _iPrinted edition:
_z9783031013652
776 0 8 _iPrinted edition:
_z9783031036217
830 0 _aSynthesis Lectures on Operations Research and Applications,
_x2770-6311
_981353
856 4 0 _uhttps://doi.org/10.1007/978-3-031-02493-1
912 _aZDB-2-SXSC
942 _cEBK
999 _c85161
_d85161