Dynamic Modeling for Business Management: An Introduction

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Springer Science & Business Media, Jan 8, 2004 - Mathematics - 308 pages
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Dynamic Modeling for Business Management applies dynamic modeling to business management, using accessible modeling techniques that are demonstrated starting with fundamental processes and advancing to more complex business models. Discussions of modeling emphasize its practical use for decision making and implementing change for measurable results. Readers will learn about both manufacturing and service-oriented business processes using hands-on lessons. They will then be able to manipulate additional models to try out their knowledge and address issues specific to their own businesses and interests. Some of the topics covered include workflow management, supply-chain management, and business strategy.

 

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Contents

Introduction to Dynamic Modeling
1
Modeling of Dynamic Business Systems
21
Measuring Process Performance
48
SingleStep Processes
76
Multistep Serial Workflow Processes
106
Multistep Parallel Workflow Processes
140
Managing Risk
170
Customer Interface
179
The Tradeoffs Among Quality Speed and Cost
192
Modeling Supply Chains
200
Modeling Improvement Processes
240
Appendix A Modeling Random Variation in Business Systems
259
Appendix B Economic Value Added
279
Optimization Techniques for
284
Index 000
299
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