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| fundamentals of operations management: Fundamentals of Operations Management Mark M. Davis, Nicholas J. Aquilano, Richard B. Chase, 1999 This text covers topics such as business process reengineering, services, interdisciplinary links and the importance of processes. It includes numerical examples, but the main focus is on concepts and operations management applications. |
| fundamentals of operations management: Fundamentals of Operations Management Jit Chandan, Sambhavi Lakshminarayan, 2021-07-13 |
| fundamentals of operations management: Fundamentals of Operations Management N. Aquilano, Richard B. Chase, Mark M. Davis, 1994-08-01 |
| fundamentals of operations management: Fundamentals of Operations Management Mark M. Davis, Jaydeep Balakrishnan, Janelle N. Heineke, 2007 Davis' balanced Canadian and global perspective offers a broad and relatively non-quantitative overview of the field of operations management. Appealing to a variety of business majors, the text addresses the increasing trend towards a more managerial focus on the operations issues that confront managers today. While maintaining this big picture perspective, Davis is reflective of the Canadian economy by incorporating the role of the automotive industry, balancing service and manufacturing, emphasizing ISO 9000 standards in quality control, and leveraging examples from both small to medium sized businesses as well as larger corporations. The combination of features within Davis 2CE also offers a solid foundation of Operations practices to a variety of non-OM business majors. |
| fundamentals of operations management: Fundamentals of Operations Management Nicholas J. Aquilano, Richard B. Chase, 1991 |
| fundamentals of operations management: Fundamentals of Business (black and White) Stephen J. Skripak, 2016-07-29 (Black & White version) Fundamentals of Business was created for Virginia Tech's MGT 1104 Foundations of Business through a collaboration between the Pamplin College of Business and Virginia Tech Libraries. This book is freely available at: http://hdl.handle.net/10919/70961 It is licensed with a Creative Commons-NonCommercial ShareAlike 3.0 license. |
| fundamentals of operations management: Fundamentals of Operations Management, Operations Management, Operations Management Essentials Richard B. Chase, Edward M. Knod, Richard J. Schonberger, Nicholas J. Aquilano, 1994-08-01 |
| fundamentals of operations management: Fundamentals of Aviation Operations Gert Meijer, 2020-07-30 This book provides a general introduction into aviation operations, covering all the relevant elements of this field and the interrelations between them. Numerous books have been written about aviation, but most are written by and for specialists, and assume a profound understanding of the fundamentals. This textbook provides the basics for understanding these fundamentals. It explains how the commercial aviation sector is structured and how technological, economic and political forces define its development and the prosperity of its players. Aviation operations have become an important field of expertise. Airlines, airports and aviation suppliers, the players in aviation, need expertise on how aircraft can be profitably exploited by connecting airports with the aim of adding value to society. This book covers all relevant aspects of aviation operations, including contemporary challenges, like capacity constraints and sustainability. This textbook delivers a fundamental understanding of the commercial aviation sector at a level ideal for first-year university students and can be a tool for lecturers in developing an aviation operations curriculum. It may also be of interest to people already employed within aviation, often specialists, seeking an accurate overview of all relevant fields of operations. |
| fundamentals of operations management: Fundamentals of operations management María Teresa Nogueras Lozano, Eva Ballesté-Morillas, We want to welcome you to both an exciting and tactical discipline: operations management. This manual on Fundamentals of operations management is an effective tool to understand one of the main functions of any organisation: the creation of goods and services. That is, to understand what resources are needed to generate the goods and services of an organisation in a global and highly competitive environment, while also incorporating new technologies. In this manual, along with the classic fundamentals of operations management, we will look forward towards what is coming and how it will impact process improvement in companies. The main goal of this book is to equip the reader with the fundamental concepts in operations management. To do this, it will present the main qualitative and quantitative models for managing operations both in public and private companies. As the reader will see, the chapters are structured with an easy-to-follow and rigorous thematic thread that will make each and every step understandable. All this book has been designed with a distance learning student or a self-taught reader, such as an entrepreneur, in mind. We aim to facilitate the learning of a discipline that for years has been considered complicated and specifically focused on certain professions, and to highlight its relevance and future opportunities. We strive for the reader to enjoy learning from this manual and to discover an exciting discipline with many career opportunities. The book combines both theory and practical exercises with real life cases whose examples will allow the learner to understand the day-to-day and the myriad of challenges and opportunities faced by operations management. The manual covers classic management topics such as process design, inventories, demand forecasting, etc., as well as newer concepts such as digitisation of the supply chain. As for the way the content is conveyed, we have opted for a simple language that facilitates understanding, while also being rigorous and precise. The methodology used is distance learning, which means that this manual is mainly intended for self-learning, and consequently, its structure is designed to promote the understanding of its contents. To achieve this goal: 1. The text is divided into eight chapters that present a logical and coherent sequence to understanding what operations management consists of: Chapter I “Operations in the Current Environment” defines what operations are in a company, teaching the reader about the evolution of this discipline in a global environment. The chapter shows the importance of the company’s competitiveness generators, and explains key concepts such as the value chain, the extended network, and digitisation, which are crucial in current production processes and serve as an introduction to other concepts that will be explained in further detail in the following chapters, which are aimed to teaching how to achieve a right tactical decision-making in operations management. Chapter II “Managing Operations” addresses the main topics in the day-to-day of operations management in order to get the reader in the context of the type of decisions that must be made in matters related to the supply chain, inventory management costs, planning the necessary materials, project management, among others, and understand the implications of such decisions in the proper functioning of the company. After having defined what operations are (Chapter I) and the types of decisions that need to be made for a successful operation (Chapter II), Chapter III, “Tools to Support Decision Making in Operations”, aims to provide the necessary tools to support decision-making in two main categories: quantitative and qualitative techniques. Quantitative techniques include decision trees, linear programming, transportation modelling, queuing models, learning curves, simulations, and sales forecasting. On the other hand, qualitative techniques include concepts such as judgment based on experience, customer surveys, and the Delphi method. By understanding these techniques, readers will be able to delve into key concepts in the following chapters in order to properly plan resources to respond to anticipated demand while avoiding cost overruns and waste and aligning with the company’s production capacity. Chapter IV, “Aggregate Planning,” addresses medium-term production planning, which typically spans between 6 and 18 months. Its main objective is to meet demand, which requires determining the production quantity, inventory levels, and the amount of work or labour force needed by the company, whether in-house or outsourced. To achieve this, it is necessary to develop an Aggregate Production Plan, which is essential for an efficient production. As determining the inventory level is one of the key factors in Aggregate Planning, this manual devotes two chapters to inventory management: Chapter V, “Inventory Management: Independent Demand” and Chapter VI, “Inventory Management: Dependant Demand”. In both chapters, inventory management and being able to determine the optimal quantity of supplies that should be ordered are critical factors for the company’s costs and productivity. Therefore, calculating the optimal order quantity is the central focus of both chapters. The decision to divide inventory management into two chapters is mainly due to the methods used to determine the optimal order quantities, which differ for materials with dependent and independent demand. For the latter case, classic or traditional methods (Chapter V) are not valid (initial assumptions change), and more complex systems, such as MRP (Material Requirements Planning), studied in Chapter VI of this manual, are required. In addition, inventory management has become a critical factor for a company’s competitiveness in today’s globalized world. The emergence of philosophies or approaches that practically eliminate inventory, such as the Just-In-Time (JIT) or Lean Manufacturing systems, cannot be overlooked, so they have their space in Chapter VI. Chapter VII, “Operational Scheduling,” constitutes the final link in operations management. Operational scheduling or short-term planning translates medium to long-term plans into short-term decisions aimed at allocating human resources, machines, and materials in the workplace to plan the most optimal work sequence possible. In short, it translates the Master Production Schedule (Chapter IV) and MRP (Chapter VI) into work sequences and specific assignments of people, materials, and machines to the work centres. Usually, assignments are made on a weekly, daily, and even hourly basis. The last chapter (Chapter VIII), “Quality in the Age of Planned Obsolescence”, tackles the concept of quality from the perspective of operations management and how it has evolved towards process improvement theories while addressing the phenomenon of planned obsolescence, waste generation, and the ethical commitment of operations management to preserve the environment. 2. Each chapter is structured as follows: · The title that identifies it. · A descriptive content section of its main sections. · The educational goals to be achieved after studying it, · Keywords. · An outline that orderly structures the content. · A summary that presents the most important contents and ideas of the chapter The text itself is complemented by graphics, examples, diagrams, and practical situations that occur in our business reality and highlight the application of theoretical concepts. · Glossary of terms · A series of self-assessment questionnaires for every chapter that aims to evaluate the reader’s degree of understanding of its contents (in the online portion of the manual). · Recommended readings (in the online portion of the manual) to reinforce the contents learned through articles, manuals or a combination of both that will allow the reader to establish their learning of all the key issues. Some chapters are also reinforced with videos found on the Internet that contain practical application cases of the studied contents. As can be seen, this book concludes with an extensive bibliography made up of manuals related to Operations Management. Finally, it is our wish that the reader enjoys the manual and that it opens the doors to new and interesting opportunities for them. Dr. Mª Teresa Nogueras Lozano Dr. Eva Ballesté-Morillas |
| fundamentals of operations management: Operations Management and Logistics Hélène Giroux, Claire Poitras, Véronique Poirier, 2014-08 Operations management and logistics lies at the heart of every organization, whether manufacturing or services, large or small, public or private, multinational or SMB. It is thus essential for all managers and business school graduates to master the fundamental concepts of operations management and logistics and to be capable of choosing and applying the best methods for the situation throughout their career. This textbook aims to present the essentials of operations management and logistics and to explain them in sufficient detail for the reader to apply them. The authors have deliberately stayed away from the latest trends in OML, not only because they will soon be outmoded anyway, but also because they are all rooted in the same timeless set of principles that can be applied to a variety of different contexts. A good manager should thus be like a chef who first masters the basics of his craft and can then combine them to make any recipe. Finally, though much space is devoted to the quantitative tools essential to operational system design and logistics management, these tools are always subordinate to the management decisions they are meant to support. The central theme running through all the chapters is the need to make choices. In logistics and operations management, there is rarely a simple, clearly marked path. Every decision the manager makes involves give and take. In fact, a good subtitle for this book could have been The Art of Compromise. |
| fundamentals of operations management: Fundamentals of Operations Management with PowerWeb Mark Davis, Nicholas J. Aquilano, Richard B. Chase, 2003-10 Introduces students to the fundamental processes of managing and controlling a variety of operations. This book covers introductory and numerical examples and quantitative methods, but the main focus is on general concepts and applications. The approach to the subject is conceptual or managerial. |
| fundamentals of operations management: Fundamentals of Operations Management Mark M. Davis, Nicholas J. Aquilano, Marilyn M. Helms, Richard B. Chase, 1998-10-01 |
| fundamentals of operations management: Management Fundamentals Steven Cohen, William B. Eimicke, 2020-06-23 Skillful management is essential to the functioning of any organization. But what are the fundamental elements of a manager’s work? What tools and techniques can managers employ to achieve their goals? At a time when organizations must work across sectors, between farther physical distances, and while interweaving sustainability and equity, what do managers need to know about the changing nature of work and leadership? This book is a succinct handbook of the essentials of management for current and future practitioners. Leadership experts Steven Cohen and William Eimicke concisely explain management best practices, aiming to equip managers with the tools of the trade and prepare them to tackle decision making. They detail three core areas of practice: operations, opportunities, and organization and society, underscoring how ethical and strategic guidance and behaviors are essential to sustainable success. The book delves into the leadership role of managers, financial management skills, performance management essentials, organizational structure and human resources management, strategic planning, sustainability, contract management, private-public partnerships, public engagement and advertisement, organizational ethics, and the future of technology for management professionals. Designed for new managers as a roadmap and for experienced managers as a reference, this book offers an indispensable guide to the fundamental components of management across public, private, and social-sector organizations. |
| fundamentals of operations management: Operations Management For Dummies Mary Ann Anderson, Edward J. Anderson, Geoffrey Parker, 2013-07-09 Score your highest in Operations Management Operations management is an important skill for current and aspiring business leaders to develop and master. It deals with the design and management of products, processes, services, and supply chains. Operations management is a growing field and a required course for most undergraduate business majors and MBA candidates. Now, Operations Management For Dummies serves as an extremely resourceful aid for this difficult subject. Tracks to a typical course in operations management or operations strategy, and covers topics such as evaluating and measuring existing systems' performance and efficiency, materials management and product development, using tools like Six Sigma and Lean production, designing new, improved processes, and defining, planning, and controlling costs of projects. Clearly organizes and explains complex topics Serves as an supplement to your Operations Management textbooks Helps you score your highest in your Operations Management course Whether your aim is to earn an undergraduate degree in business or an MBA, Operations Management For Dummies is indispensable supplemental reading for your operations management course. |
| fundamentals of operations management: Fundamentals of Supply Chain Theory Lawrence V. Snyder, Zuo-Jun Max Shen, 2019-07-01 Comprehensively teaches the fundamentals of supply chain theory This book presents the methodology and foundations of supply chain management and also demonstrates how recent developments build upon classic models. The authors focus on strategic, tactical, and operational aspects of supply chain management and cover a broad range of topics from forecasting, inventory management, and facility location to transportation, process flexibility, and auctions. Key mathematical models for optimizing the design, operation, and evaluation of supply chains are presented as well as models currently emerging from the research frontier. Fundamentals of Supply Chain Theory, Second Edition contains new chapters on transportation (traveling salesman and vehicle routing problems), integrated supply chain models, and applications of supply chain theory. New sections have also been added throughout, on topics including machine learning models for forecasting, conic optimization for facility location, a multi-supplier model for supply uncertainty, and a game-theoretic analysis of auctions. The second edition also contains case studies for each chapter that illustrate the real-world implementation of the models presented. This edition also contains nearly 200 new homework problems, over 60 new worked examples, and over 140 new illustrative figures. Plentiful teaching supplements are available, including an Instructor’s Manual and PowerPoint slides, as well as MATLAB programming assignments that require students to code algorithms in an effort to provide a deeper understanding of the material. Ideal as a textbook for upper-undergraduate and graduate-level courses in supply chain management in engineering and business schools, Fundamentals of Supply Chain Theory, Second Edition will also appeal to anyone interested in quantitative approaches for studying supply chains. |
| fundamentals of operations management: Fundamentals of Traffic Simulation Jaume Barceló, 2011-01-06 The increasing power of computer technologies, the evolution of software en- neering and the advent of the intelligent transport systems has prompted traf c simulation to become one of the most used approaches for traf c analysis in s- port of the design and evaluation of traf c systems. The ability of traf c simulation to emulate the time variability of traf c phenomena makes it a unique tool for capturing the complexity of traf c systems. In recent years, traf c simulation – and namely microscopic traf c simulation – has moved from the academic to the professional world. A wide variety of traf- c simulation software is currently available on the market and it is utilized by thousands of users, consultants, researchers and public agencies. Microscopic traf c simulation based on the emulation of traf c ows from the dynamics of individual vehicles is becoming one the most attractive approaches. However, traf c simulation still lacks a uni ed treatment. Dozens of papers on theory and applications are published in scienti c journals every year. A search of simulation-related papers and workshops through the proceedings of the last annual TRB meetings would support this assertion, as would a review of the minutes from speci cally dedicated meetings such as the International Symposiums on Traf c Simulation (Yokohama, 2002; Lausanne, 2006; Brisbane, 2008) or the International Workshops on Traf c Modeling and Simulation (Tucson, 2001; Barcelona, 2003; Sedona, 2005; Graz 2008). Yet, the only comprehensive treatment of the subject to be found so far is in the user’s manuals of various software products. |
| fundamentals of operations management: Fundamentals of Supply Chain Management John T. Mentzer, 2004-05-05 This book is an insightful, well-balanced, stimulating SCM Strategy book that clearly tells managers, consultants, as well as educators that the SCM concept is not a fad but a must strategy to gain competitive advantage in today′s dynamic global market place. There are three major strengths. First, it is an unprecedented interdisciplinary SCM strategy book that explains how companies obtain, maintain, and even enhance competitive advantages based upon a well-laid SCM strategy. Second, it provides readers a unique, well-balanced framework for SCM strategy formulation. Third, it is a valuable contribution in the area of SCM in that it does a good job in explaining such a complicated SCM strategy to readers in such a simple manner. —Soonhong (Hong) Min, University of Oklahoma Author of the bestselling text Supply Chain Management, John T. Mentzer′s companion book Fundamentals of Supply Chain Management: Twelve Drivers of Competitive Advantage has been developed as a supplemental text for any course dealing with strategy and supply chains. Written in an entertaining, accessible style, Mentzer identifies twelve drivers of competitive advantage as clear strategic points managers can use in their companies. Research from more than 400 books, articles, and papers, as well as interviews with over fifty executives in major global companies, inform these twelve drivers. The roles of all of the traditional business functions—marketing, sales, logistics, information systems, finance, customer services, and management—in supply chain management are also addressed. Complete with cases and real-world examples from corporations around the world, the book′s exemplars will help students and practicing managers to more effectively understand, implement, and manage supply chains successfully. |
| fundamentals of operations management: Practical Finance for Operations and Supply Chain Management Alejandro Serrano, Spyros D. Lekkakos, 2020-03-10 An introduction to financial tools and concepts from an operations perspective, addressing finance/operations trade-offs and explaining financial accounting, working capital, investment analysis, and more. Students and practitioners in engineering and related areas often lack the basic understanding of financial tools and concepts necessary for a career in operations or supply chain management. This book offers an introduction to finance fundamentals from an operations perspective, enabling operations and supply chain professionals to develop the skills necessary for interacting with finance people at a practical level and for making sound decisions when confronted by tradeoffs between operations and finance. Readers will learn about the essentials of financial statements, valuation tools, and managerial accounting. The book first discusses financial accounting, explaining how to create and interpret balance sheets, income statements, and cash flow statements, and introduces the idea of operating working capital—a key concept developed in subsequent chapters. The book then covers financial forecasting, addressing such topics as sustainable growth and the liquidity/profitability tradeoff; concepts in managerial accounting, including variable versus fixed costs, direct versus indirect costs, and contribution margin; tools for investment analysis, including net present value and internal rate of return; creation of value through operating working capital, inventory management, payables, receivables, and cash; and such strategic and tactical tradeoffs as offshoring versus local and centralizing versus decentralizing. The book can be used in undergraduate and graduate courses and as a reference for professionals. No previous knowledge of finance or accounting is required. |
| fundamentals of operations management: Security Operations Management Robert McCrie, 2011-03-31 The second edition of Security Operations Management continues as the seminal reference on corporate security management operations. Revised and updated, topics covered in depth include: access control, selling the security budget upgrades to senior management, the evolution of security standards since 9/11, designing buildings to be safer from terrorism, improving relations between the public and private sectors, enhancing security measures during acute emergencies, and, finally, the increased security issues surrounding the threats of terrorism and cybercrime. An ideal reference for the professional, as well as a valuable teaching tool for the security student, the book includes discussion questions and a glossary of common security terms. Additionally, a brand new appendix contains contact information for academic, trade, and professional security organizations. - Fresh coverage of both the business and technical sides of security for the current corporate environment - Strategies for outsourcing security services and systems - Brand new appendix with contact information for trade, professional, and academic security organizations |
| fundamentals of operations management: Production and Operations Management Systems Sushil Gupta, Martin Starr, 2014-02-07 Since the beginning of mankind on Earth, if the busyness process was successful, then some form of benefit sustained it. The fundamentals are obvious: get the right inputs (materials, labor, money, and ideas); transform them into highly demanded, quality outputs; and make it available in time to the end consumer. Illustrating how operations relate to the rest of the organization, Production and Operations Management Systems provides an understanding of the production and operations management (P/OM) functions as well as the processes of goods and service producers. The modular character of the text permits many different journeys through the materials. If you like to start with supply chain management (Chapter 9) and then move on to inventory management (Chapter 5) and then quality management (Chapter 8), you can do so in that order. However, if your focus is product line stability and quick response time to competition, you may prefer to begin with project management (Chapter 7) to reflect the continuous project mode required for fast redesign rapid response. Slides, lectures, Excel worksheets, and solutions to short and extended problem sets are available on the Downloads / Updates tabs. The project management component of P/OM is no longer an auxiliary aspect of the field. The entire system has to be viewed and understood. The book helps students develop a sense of managerial competence in making decisions in the design, planning, operation, and control of manufacturing, production, and operations systems through examples and case studies. The text uses analytical techniques when necessary to develop critical thinking and to sharpen decision-making skills. It makes production and operations management (P/OM) interesting, even exciting, to those who are embarking on a career that involves business of any kind. |
| fundamentals of operations management: Global Operations Strategy Yeming Gong, 2013-07-01 While many business schools are teaching Global Operations Strategy with self-made teaching materials, there are no such textbooks. Combining practical approaches with detailed theoretical underpinnings, this book provides theories, tools, frameworks, and techniques for global operations strategy, and brings real world perspectives to students and managers. Each chapter includes definition of key terms, introduction of fundamental theories, several short case examples, one long new case to explain the associated theories, and recommended further reading. |
| fundamentals of operations management: Forecasting Fundamentals Nada Sanders, 2016-11-14 This book is for everyone who wants to make better forecasts. It is not about mathematics and statistics. It is about following a well-established forecasting process to create and implement good forecasts. This is true whether you are forecasting global markets, sales of SKUs, competitive strategy, or market disruptions. Today, most forecasts are generated using software. However, no amount of technology and statistics can compensate for a poor forecasting process. Forecasting is not just about generating a number. Forecasters need to understand the problems they are trying to solve. They also need to follow a process that is justifiable to other parties and be implemented in practice. This is what the book is about. Accurate forecasts are essential for predicting demand, identifying new market opportunities, forecasting risks, disruptions, innovation, competition, market growth and trends. Companies can navigate this daunting landscape and improve their forecasts by following some well-established principles. This book is written to provide the fundamentals business leaders need in order to make good forecasts. These fundamentals hold true regardless of what is being forecast and what technology is being used. It provides the basic foundational principles all companies need to achieve competitive forecast accuracy. |
| fundamentals of operations management: Fundamentals of Supply Chain Management , |
| fundamentals of operations management: Lean Management and Kaizen Marc Helmold, 2020-06-05 The book provides a holistic and practical approach to lean management throughout the business value chain. The lean management framework and tools demonstrate the optimal design and use of methods, tools and principles for companies and organisations. The author describes comprehensively how lean management enables companies to concentrate on value-adding activities and processes to achieve a long-term, sustainable competitive advantage. A wealth of best practices, industry examples and case studies are used to reveal the diversity and opportunities of lean management methodologies, methods and principles. Moreover, the book shows how lean management principles are ultimately applied in industries like automotive, healthcare, education and services industries. |
| fundamentals of operations management: Loose-leaf for Operations Management William Stevenson, 2014-01-23 Stevenson's Operations Management features integrated, up-to-date coverage of current topics and industry trends, while preserving the core concepts that have made the text the market leader in this course for over a decade. Stevenson's careful explanations and approachable format support students in understanding the important operations management concepts as well as applying tools and methods with an emphasis on problem solving. Through detailed examples and solved problems, short cases and readings on current issues facing businesses, and auto-gradable end of chapter problems and application-oriented assignments available in Connect Operations Management, students learn by doing, and the Twelfth Edition continues to offer more support for 'doing Operations' than any other. |
| fundamentals of operations management: Fundamentals of Public Utilities Management Frank R. Spellman, 2020-09-21 Fundamentals of Public Utilities Management provides practical information for constructing a roadmap for successful compliance with new and ever-changing regulatory frameworks, upgrading and maintenance, and general management of utilities operations. It describes current challenges faced by utility managers and offers best practices. In an effort to maximize the usefulness of the material for a broad audience, the text is written in a straightforward, user-friendly, conversational style for students and practicing professionals alike. Features: Presents numerous illustrative examples and case studies throughout Examines environmental compliance and how to best work with continually changing regulations Frames the discussions in a context of energy conservation and ongoing sustainability efforts Fundamentals of Public Utilities Management is designed to provide insight and valuable information to public utility sector managers and prospective managers in water operations (drinking water, wastewater, storm water), and to serve the needs of students, teachers, consulting engineers, and technical personnel in city, state, and federal public sectors. |
| fundamentals of operations management: Key Concepts in Operations Management Michel Leseure, 2010-07-19 Key Concepts in Operations Management introduces a selection of key concepts and techniques in the field. Concise, informative and contemporary, with consideration given to explaining the principles of the topic, as well as the relevant debates and literature, the book contains over 50 concept entries including: Operations Strategy, Managing Innovation, Process Modeling, New Product Development, Forecasting, Planning and Control, Supply Chain Management, Risk Management and many more. |
| fundamentals of operations management: Fundamentals of Business, Third Edition Stephen J. Skripak, Ron Poff, 2020-12-21 This book covers the following topics in business: Teamwork; economics; ethics; entrepreneurship; business ownership, management, and leadership; organizational structures and operations management; human resources and motivating employees; managing in labor union contexts; marketing and pricing strategy; hospitality and tourism, accounting and finance, and personal finances--web site. |
| fundamentals of operations management: Operations Management in Context Frank Rowbotham, Masoud Azhashemi, Les Galloway, 2012-05-23 Operations Management in Context provides students with excellent grounding in the theory and practice of operations management and its role within organizations. Structured in a clear and logical manner, it gradually leads newcomers to this subject through each topic area, highlighting key issues, and using practical case study material and examples to contextualize learning. Each chapter is structured logically and concludes with summary material to aid revision. Exercises and self-assessment questions are included to reinforce learning and maintain variety, with answers included at the end of the text. |
| fundamentals of operations management: Management Fundamentals Robert N. Lussier, 2008-02-01 Using a three-pronged approach of concepts, applications, and skill development, MANAGEMENT FUNDAMENTALS, International Edition gives your students a solid foundation of management concepts and real skills they can use in the workplace. Through a variety of thought-provoking applications, Lussier challenges students to think critically and apply concepts to their own experiences. Proven skill-building exercises, behavioral models, self-assessments, and group exercises throughout the text help students realize their own managerial potential. The 14-chapter format is comprehensive enough for the one-term course yet flexible enough to allow for additional readings, activities, or discussions. |
| fundamentals of operations management: Foundations of Operations Management Larry P. Ritzman, Lee J. Krajewski, 2003 This book addresses a growing demand for a brief treatment of operations management. At less than 500 pages, it comprehensively covers the essential topics for active learners.Chapter topics include competing with operations, process management, managing project processes, managing technology, quality, capacity, location and layout, supply chain management, forecasting, inventory management, aggregate planning and scheduling, resource planning, and lean systems.For project managers and other business personnel who need to manage and improve processes. |
| fundamentals of operations management: Fundamentals of Supply Chain Management Eugene Spiegle, William Mclaury, 2019-06-14 |
| fundamentals of operations management: Fundamentals of Management, Eighth Canadian Edition Stephen P. Robbins, Mary Coulter, Nancy Langton, Ian Anderson, 2016-01-01 Management Is for Everyone The world of business affects our lives every day, and management will affect the lives of all of us who work for a living. Fundamentals of Management, Eighth Canadian Edition delivers a text, supplemental materials, and online learning package that will engage students in a positive and direct manner as they build their fundamental knowledge of business in general and management in particular. In addition to viewing the material from the student perspective, our authors strove to facilitate the instructor's use and application of the rich subject material and resources to provide a dynamic, interactive, and enjoyable classroom experience. Note: You are purchasing a standalone product; MyManagementLab does not come packaged with this content. Students, if interested in purchasing this title with MyManagementLab, ask your instructor for the correct package ISBN and Course ID. Instructors, contact your Pearson representative for more information. If you would like to purchase both the physical text and MyManagementLab, search for: 0134283597 / 9780134283593 Fundamentals of Management, Eighth Canadian Edition Plus MyManagementLab with Pearson eText -- Access Card Package, 8/e Package consists of: 0133856747 / 9780133856743 Fundamentals of Management, Eighth Canadian Edition 0134270517 / 9780134270517 MyManagementLab with Pearson eText -- Valuepack Access Card -- for Fundamentals of Management, Eighth Canadian Edition |
| fundamentals of operations management: Fundamentals of Business Process Management Marlon Dumas, Marcello La Rosa, Jan Mendling, Hajo A. Reijers, 2018-03-23 This textbook covers the entire Business Process Management (BPM) lifecycle, from process identification to process monitoring, covering along the way process modelling, analysis, redesign and automation. Concepts, methods and tools from business management, computer science and industrial engineering are blended into one comprehensive and inter-disciplinary approach. The presentation is illustrated using the BPMN industry standard defined by the Object Management Group and widely endorsed by practitioners and vendors worldwide. In addition to explaining the relevant conceptual background, the book provides dozens of examples, more than 230 exercises – many with solutions – and numerous suggestions for further reading. This second edition includes extended and completely revised chapters on process identification, process discovery, qualitative process analysis, process redesign, process automation and process monitoring. A new chapter on BPM as an enterprise capability has been added, which expands the scope of the book to encompass topics such as the strategic alignment and governance of BPM initiatives. The textbook is the result of many years of combined teaching experience of the authors, both at the undergraduate and graduate levels as well as in the context of professional training. Students and professionals from both business management and computer science will benefit from the step-by-step style of the textbook and its focus on fundamental concepts and proven methods. Lecturers will appreciate the class-tested format and the additional teaching material available on the accompanying website. |
| fundamentals of operations management: Foundations of Inventory Management Paul Zipkin, 2000-01-24 Foundations of Inventory Management presents a complete treatment of inventory theory and models for use in advanced undergraduate, masters, or PhD courses in Operations research, manufacturing management or Operations management. Coverage is organized into an introductory section, followed by a section focused on predictable supply and demand, and the third section covering stochastic inventory models. Many recent developments related to or impacting inventory such as ERP systems, supply chain management, JIT, and ERP systems are integrated within the text. The text presents inventory as a critical topic for virtually all businesses today and one in which theory and practice are closely linked. Prequisite coursework for students of this text would include basic optimization theory, stochastic processes, and dynamic programming. The text includes examples as well as rigorous assignment problem sets. |
| fundamentals of operations management: Fundamentals of Operations Research for Management Shiv K Gupta, John M Cozzolino, 2019-05-13 This book was required for classes taught by Shiv K. Gupta and John M. Cozzolino at The Wharton School, the school that Donald Trump says he attended. Shiv K. Gupta wrote or contributed to five other books, American business challenge: a simulation game: a game of strategy, Business challenge: a simulation game, Economic and cultural impact study of the amusement park and attraction industry, prepared for the International Association of Amusement Parks and Attractions by the Wharton Applied Research Center, the Wharton School, University of Pennsylvania and Mathematics for modern management. John M. Cozzolino was born in 17 December 1940 and died 8 Mar 2005. He is in find-a-grave. He also wrote The Management of business risk: a scientific method. |
| fundamentals of operations management: Maintenance Fundamentals R. Keith Mobley, 2011-03-15 No matter which industry a company is a part of, its profitability, like its products, is driven by the reliability and performance of its plant(s). The fundamentals for maintenance found in this volume are applicable to a multitude of industries: power, process, materials, manufacturing, transportation, communication, and many others. This book shows the engineer how to select, install, maintain, and troubleshoot critical plant machinery, equipment, and systems. NEW to this edition: New material includes a chapter on inspections, providing practical guidelines for effective visual inspections, the key to effective preventive maintenance. Also included in the revision will be multiple chapters on equipment, such as pumps, compressors, and fans. - Provides practical knowledge about plant machinery, equipment, and systems for the new hire or the veteran engineer - Covers a wide array of topics, from shaft alignment and bearings to rotor balancing and flexible intermediate drives - Delivers must-have information to the engineer which he/she will use on a daily basis, in day-to-day activities, that will affect the reliability and profitability of the plant |
| fundamentals of operations management: Operations Management William J. Stevenson, 2024 |
| fundamentals of operations management: Fundamentals of Production Planning and Control Chapman, 2008 |
| fundamentals of operations management: Operations Management For Dummies Mary Ann Anderson, Edward J. Anderson, Geoffrey Parker, 2021-12-02 The plain language guide to getting things running smoothly in the world of business Operations management is all about efficiency, and Operations Management For Dummies is all about efficiently teaching you what you need to know about this business hot topic. This book tracks typical operations management MBA courses, and it will help you un-muddle concepts like process mapping, bottlenecks, Lean Production, and supply chain management. Learn to step into a business, see what needs improving, and plug in the latest tools and ideas to shape things up in any industry. This latest edition covers, you guessed it, digital transformation. Technology is completely upending operations management, and Dummies walks you through the latest, so you can stay at the front of the pack. Other new stuff inside: supply chain traceability, ethical sourcing and carbon footprint, business resiliency, and modularizing the supply chain. It’s all here! Optimize operations and increase revenue with strategies and ideas that make businesses run better and cheaper Get easy-to-understand explanations of complex topics and theories in operations management Learn how operations management is affected by digital transformation and sustainability concerns Evaluate, design, improve, and scale all sorts of processes, regardless of business size or area of operation Businesses can't operate successfully without effective operations and supply management. That makes Operations Management For Dummies a must—for MBA students and business professionals alike. |
FUNDAMENTAL Definition & Meaning - Merriam-Webster
The meaning of FUNDAMENTAL is serving as a basis supporting existence or determining essential structure or function : basic. How to use fundamental in a sentence. Synonym Discussion of …
FUNDAMENTALS | English meaning - Cambridge Dictionary
The fundamentals include modularity, anticipation of change, generality and an incremental approach.
FUNDAMENTALS definition and meaning | Collins English Dictionary
The fundamentals of something are its simplest, most important elements, ideas, or principles, in contrast to more complicated or detailed ones.
FUNDAMENTAL Definition & Meaning | Dictionary.com
noun a basic principle, rule, law, or the like, that serves as the groundwork of a system; essential part. to master the fundamentals of a trade.
Fundamentals - definition of fundamentals by The Free Dictionary
Fundamentals (See also ESSENCE.) down to bedrock Down to basics or fundamentals; down to the essentials. Bedrock is literally a hard, solid layer of rock underlying the upper strata of soil or …
fundamental - Wiktionary, the free dictionary
May 17, 2025 · fundamental (plural fundamentals) (generic, singular) A basic truth, elementary concept, principle, rule, or law. An individual fundamental will often serve as a building block …
FUNDAMENTALS definition | Cambridge English Dictionary
fundamentals of It's important for children to be taught the fundamentals of science. Share prices have risen across Asia as fundamentals improve. Global uncertainty is unlikely to become more …
Fundamental - Definition, Meaning & Synonyms | Vocabulary.com
Fundamental has its roots in the Latin word fundamentum, which means "foundation." So if something is fundamental, it is a key point or underlying issue — the foundation, if you will — that …
FUNDAMENTAL | English meaning - Cambridge Dictionary
fundamental principle The school is based on the fundamental principle that all children should reach their full potential. of fundamental importance Diversity is of fundamental importance to all …
Fundamentals - Definition, Meaning & Synonyms
Definitions of fundamentals noun principles from which other truths can be derived “first you must learn the fundamentals ” synonyms: basic principle, basics, bedrock, fundamental principle see …
FUNDAMENTAL Definition & Meaning - Merriam-Webster
The meaning of FUNDAMENTAL is serving as a basis supporting existence or determining essential structure or function : basic. How to use fundamental in a sentence. Synonym …
FUNDAMENTALS | English meaning - Cambridge Dictionary
The fundamentals include modularity, anticipation of change, generality and an incremental approach.
FUNDAMENTALS definition and meaning | Collins English …
The fundamentals of something are its simplest, most important elements, ideas, or principles, in contrast to more complicated or detailed ones.
FUNDAMENTAL Definition & Meaning | Dictionary.com
noun a basic principle, rule, law, or the like, that serves as the groundwork of a system; essential part. to master the fundamentals of a trade.
Fundamentals - definition of fundamentals by The Free Dictionary
Fundamentals (See also ESSENCE.) down to bedrock Down to basics or fundamentals; down to the essentials. Bedrock is literally a hard, solid layer of rock underlying the upper strata of soil …
fundamental - Wiktionary, the free dictionary
May 17, 2025 · fundamental (plural fundamentals) (generic, singular) A basic truth, elementary concept, principle, rule, or law. An individual fundamental will often serve as a building block …
FUNDAMENTALS definition | Cambridge English Dictionary
fundamentals of It's important for children to be taught the fundamentals of science. Share prices have risen across Asia as fundamentals improve. Global uncertainty is unlikely to become …
Fundamental - Definition, Meaning & Synonyms
Fundamental has its roots in the Latin word fundamentum, which means "foundation." So if something is fundamental, it is a key point or underlying issue — the foundation, if you will — …
FUNDAMENTAL | English meaning - Cambridge Dictionary
fundamental principle The school is based on the fundamental principle that all children should reach their full potential. of fundamental importance Diversity is of fundamental importance to …
Fundamentals - Definition, Meaning & Synonyms
Definitions of fundamentals noun principles from which other truths can be derived “first you must learn the fundamentals ” synonyms: basic principle, basics, bedrock, fundamental principle see …
