Book Description
For the core course in Operations Management. Principles of Operations Management 6th edition delivers the best problems in the industry (ie. examples, solved problems, and homework problems).This brief version features 17 core chapters. A more comprehensive version is also available called Operations Management, 8e 0-13-155444-1.
Customer Reviews:
Read the fine print on this seller.......2007-08-12
Great book as supplement to MBA course - my review of the seller isn't so great. His posting specified the CD as included but it wasn't, and when I contacted him he said there was never an indication the disc was included. It was, in fact, part of the title of his posting. Unfortunately it was required for getting the most out of the book, so this seller let me down.
Average customer rating:
- Good text, but a little boring and long winded ...
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Managing Business Process Flows: Principles of Operations Management w/ Student CD (2nd Edition)
Raví Anupindi ,
Sunil Chopra ,
Sudhakar Deshmukh ,
Jan A. Van Mieghem , and
Eitan Zemel
Manufacturer: Prentice Hall
ProductGroup: Book
Binding: Paperback
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ASIN: 0131676865 |
Customer Reviews:
Good text, but a little boring and long winded ..........2006-03-08
I used this book as a course text for my MBA class in introduction to operations. What I like about the book is simple, flowing text, good "summery section" at the end of the chapter and a wealth of problems. However, the book gets boring and long. A lot of textbooks are now full color and embellished with real life sidebars, and have great presentation qualities ... not this book! It's black and white, and things are hard to find in it.
Book Description
Principles of Forecasting: A Handbook for Researchers and Practitioners summarizes knowledge from experts and from empirical studies. It provides guidelines that can be applied in fields such as economics, sociology, and psychology. It applies to problems such as those in finance (how much is this company worth?), marketing (will a new product be successful?), personnel (how can we identify the best job candidates?), and production (what level of inventories should be kept?).
The book is edited by Professor J. Scott Armstrong of the Wharton School, University of Pennsylvania. Contributions were written by 40 leading experts in forecasting, and the 30 chapters cover all types of forecasting methods. There are judgmental methods such as Delphi, role-playing, and intentions studies. Quantitative methods include econometric methods, expert systems, and extrapolation. Some methods, such as conjoint analysis, analogies, and rule-based forecasting, integrate quantitative and judgmental procedures. In each area, the authors identify what is known in the form of "if-then principles", and they summarize evidence on these principles.
The project, developed over a four-year period, represents the first book to summarize all that is known about forecasting and to present it so that it can be used by researchers and practitioners. To ensure that the principles are correct, the authors reviewed one another's papers. In addition, external reviews were provided by more than 120 experts, some of whom reviewed many of the papers. The book includes the first comprehensive forecasting dictionary.
Customer Reviews:
Don't let a bad forecast ruin your whole decision.......2001-12-15
The subtitle of this book, A Handbook for Researchers and Practitioners, too narrowly defines the audience for Armstrong's new reference. Principles of Forecasting is, in fact, an indispensable resource for managers and professionals of every ilk. Forecasting is an integral part of decisions that we make and that are made for us. To be good decision makers and citizens we owe it to ourselves and others both to make our forecasts explicit and to examine the quality of those forecasts. This book gives the guidance to ensure that best practices are followed and to judge forecast quality after the fact
Principles of Forecasting is not a book that you will find in airport bookstores. It is not a popular management title that dishes-up the latest buzzwords. On the contrary, this book will give you knowledge to examine critically the fashions and fads, as well as the received wisdom, of management. And yet, despite being a serious work, the book is a joy to read at length, or to browse. I suspect many decision makers will tend to do the latter.
The Forecasting Dictionary is part of Principles of Forecasting and is a good place to start some directed browsing. For example, experienced decision makers will often rely on their intuition, even for important decisions. Is that a good idea? The Forecasting Dictionary has an entry for "intuition" that tells us, "... it is difficult to find published studies in which intuition is superior to structured judgment". Highlighted terms, such as "structured judgment" in the preceding passage, indicate that there is a separate Dictionary entry for the term. By following the highlighted terms and the references to the body of the book which are included in Dictionary entries, one can quickly pick up a useful understanding of a topic. Some entries are very detailed.
Following the intuition entry to the entry on structured judgement, one finds "role playing" as an approach to imposing structure on a forecasting problem. Role-play forecasting for conflict situations happens to be an interest of mine. There is a chapter on role-playing in Principles of Forecasting that provides evidence that the outcomes of role-plays by students, and other non- representative role-players, provide accurate forecasts of decisions in real conflicts. This is counter-intuitive given that the conflicts examined involved generals, chief executives, directors, and union leaders among others. Moreover, unaided judgment tends to do poorly by comparison. This has important implications for strategy development - after all, what use is a strategy that fails to forecast accurately how other parties will behave?
I keep my copy of Principles of Forecasting handy, refer to it often, and learn something new every time I do so. How many books could one say that of? A precious few. Congratulations to the authors on a unique and valuable work well executed.
Guidelines for Developers, Researchers, and Practitioners.......2001-11-23
Principles of Forecasting is not a collection of articles describing basic forecasting methods. Instead, 40 authors have used a common format of identifying if-then principles and the support for those principles. Some other common formats of the chapters are: (1) limitations (2) implications for practitioners (3) implications for researchers.
The final chapter of this book contains 139 forecasting principles...
An example of a forecasting principle is: “13.25 Use multiple measures of accuracy”. A primary use for such principles would be as checklists for software developers, researchers, and practitioners to be sure that their work is complete to this level of detail. These are important general principles. Forecasters will need to use other references for the details of forecasting methods.
The Web site for this book is a very valuable resource for forecasters. Some of the resources are: (1) forecasting dictionary [Enter a forecasting term and the Web site returns a definition.] (2) links to forecasting software sites (3) links to forecasting books and reviews (3) links to bibliographies, abstracts, and (for subscribers) full text papers (4) links to conferences on forecasting (5) links to Web sites related to forecasting.
An Excellent Overview of Business Forecasting.......2001-07-05
Throughout my career, it seemed every five years or so, I briefly strayed from risk analysis into a closely related field, such as weather reporting or stock picking, just to see what others were doing. Most recently, I won a jackpot in return for the effort. I read J.Scott Armstrong's "Principles of Forecasting: A Handbook for Researchers and Practitioners."
Risk analysis has dealt more with subjects like natural and technological disasters. Business forecasting resembled risk analysis in several ways, but over the years, enterprise and capital markets accumulated much more extensive data. Social scientists studied the process of (and procedures for) forecasting with financial data intensively. Small wonder, as poor forecasting often led to costly disasters.
The authors wrote the Handbook in clear, coherent prose. It assembled 29 articles by 40 leading experts into an excellent book with 18 chapters. Armstrong, the editor (and clearly the instigator) created a hierarchical framework that described the relationships between different kinds of forecasting information, beginning with either judgmental or statistical sources. "Principles of Forecasting" illustrated this framework in an often repeated diagram.
The framework contributed to a coherent structure. Each chapter described one compartment within the framework. Each had an introduction that described the limitations and uses of a source of data used by forecasters. Each article also started with an abstract. Thus, a reader could quickly survey all of forecasting by skimming through the Handbook and reading either the article abstracts or the chapter introductions.
Instead of reading the text sequentially, the framework and the Handbook's structure also allowed finding a specific article (or a topic of interest within an article) quickly, yet staying oriented to the overall subject. Thus, "Principles of Forecasting" served a handy reference text. The organization and a competent index sped this application.
Many articles were excellent. None were less than very good. The articles concentrated on principles within subdomains of forecasting, which the Handbook emphasized by setting the principles apart in bullet format and bold text. The articles had a common format, which included two useful implication sections, separately for practitioners and for researchers. The articles also had overall summaries, and references to the literature. The authors edited each other's articles, which imposed both high quality and consistency on the Handbook. In addition, an extensive group of outside experts reviewed the articles. This huge effort showed in both dense information content and readability of the articles.
Similarly, the Handbook contained a separate and marvelous "Forecasting Dictionary" toward the end, which allowed quick reference to (and understanding of) separate ideas involved in competent forecasting. In another separate section toward the end of the Handbook, a "Forecasting Standards Checklist" gathered all of the principles from the separate articles and condensed them into a very useful guide.
"Principles of Forecasting" appeared comprehensive in its coverage. The authors wrote it as an explanation of a field, instead of a group of individual articles about related subjects. An introduction and a summary at the beginning and end of the book, also helped orient me to the overall subject of forecasting and to the need for principles. I thought that the Handbook reflected the consistent objective of a group of experts to interpret and explain forecasting. So, I will recommend it as a textbook for classroom use.
"Principles of Forecasting" is not for everyone. It is an expert text. However, for persons involved in (or hoping to become involved in) forecasting or its allied and subsidiary fields, such risk analysis or econometrics, it will prove indispensable.
Average customer rating:
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Inside the Mind of Toyota: Management Principles for Enduring Growth
Satoshi Hino
Manufacturer: Productivity Press
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Binding: Hardcover
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Book Description
Toyota's sustained growth attracts the attention of economists and industrialists around the world eager to learn the secrets of Toyota's lasting success.
In Inside the Mind of Toyota: Management Principles for Enduring Growth, Satoshi Hino examines the source of Toyota's strength: the fundamental thinking and management structures that lie beneath the creation of its famed Toyota Production System. From the perspective of a professional with 30 years experience in the auto industry, Hino presents a fresh and detailed analysis of Toyota's essential management system, from its very beginnings into the 21st century.
This book:
Presents a comprehensive and systematic analysis of the Toyota management philosophy.
Clarifies the mechanisms used to transmit its winning system from generation to generation.
Gives a historical perspective on the structural anatomy of Toyota's management foundation.
Provides analysis emphasizing research, product planning, design, and development functions.
The ultimate goal is not simply to mimic Toyota's formula, but to learn from it and, in doing so, surpass it.
Book Description
This text/reference addresses the unprecedented changes occurring in manufacturing that are being brought about by quality management philosophy — lower inventory, reduced lead-time, preventive maintenance, and increased emphasis on customer satisfaction. Combining theory and practice, it presents alternative systems (models) for managing materials (inventory) — their use, transformation, distribution, and sale — and their flow to, within, and from the organization.
Covers forecasting and marketing analysis; independent demand systems (deterministic models/probabilistic models); discrete demand systems (deterministic models/materials requirements planning - MRP); inventory system changes and limitations; single order quantities; in-process inventory, just-in-time, and theory of constraints; distribution inventory systems; inventory valuation and measurement; simulation; and aggregate inventory control. Content progresses from simple systems to more complex models; numerous examples of solved problems and short case studies explore a variety of situations and organizational settings; and appendices provide additional extensions and supporting logic on particular topics.
For practitioners and advanced students involved in operations, inventory control, production control, and physical supply in manufacturing.
Customer Reviews:
New Edition.......2006-07-18
I like this book because it helps me so much in my teaching. Its really relevant to the content of our course. But unfortunately no new edition and this book is out of print. so i have to borrow this book from the library and renew it again and again.
Technical book on inventory management.......2003-05-03
I would describe this as a technical book on the science behind inventory management. Much of the book is dedicated to detailing formulas and models used to determine order quantities, lot sizing, demand forecasting, safety stock calculations. Real examples make understanding these complex formulas easier. The book also describes the logic behind MRP and discusses Just-In-Time and Theory of Constraints. I would not recommend this as an introductory book to inventory management but rather a book for those that already have some basic understanding of inventory management and want to take their knowledge to a higher level. I expect to be referring back to this book for years to come.
A book points the right subject at the right place.......1999-02-18
As a MRP consultant, This book helped me a lot to prepare user training materials. By placing marketing suject at the beginning, this book points where real-world success on implementing Inventory and Material Manage is coming from. Also has good examples and cases.
Book Description
Designed to be the âbest’ book for restaurant management, Restaurant Operations Management addresses content areas that are integral to a restaurant manager’s job, providing current and practical information. It breaks down the busy and complex world of restaurant management into what the manager must know, from the restaurant’s inception to its actual operation. It focuses on financial, labor, and product resources, within the context of pleasing the guests.
Topics cover: industry basics, sanitation, safety, nutrition, marketing, menu planning/design/pricing, human resources, accounting/financial management, standard recipes, product purchasing/receiving/storing/issuing, and restaurant analysis/improvement.
Current, practical, and accurate, Restaurant Operations Management is an easy and interesting read for practicing industry professionals, such as restaurant managers, restaurant training managers, restaurant owners, and others wanting to learn effective restaurant management.
Customer Reviews:
The encyclopedia of restaurants management .......2007-10-09
If you know nothing, I mean nothing, about restaurants operations and management this book is for you.
Hi, my name is Raed Halaseh and I have been a professional Civil Engineer for the last 20 years. Six month ago I have decided to get into the hospitality business, namely the Franchise restaurants.
Purchasing Jack Ninemeier and David Hayes, Restaurant Operations and Management, Principles and Practices was the best thing that I have done to launching my Restaurant career.
I was amazed to how much knowledge I have acquired from reading this book. This became clear when I attended the mandatory managers training course, as part of becoming a Franchisee, as all topics introduced at the training course were covered in Ninemeier and Hayes Restaurant, Operations Management book.
If all goes well, I will have my first Restaurant Grand Opening on March 1st, 2008. It is true I will not have the hand-on experience, but armed with the information I have acquired from Ninemeier and Hayes Restaurant, Operations Management book will make operating and managing my first restaurant an exciting experience.
At the end, I would like to thank the authors for putting together such a wonderful, interesting, exciting and well arranged book that will be my best companion through the years as I operate and manage my restaurants.
Best regards,
Yours in Restaurant business to be,
Raed Halaseh
An outstanding addition to the field of restaurant management .......2005-08-26
Ninemeier and Hayes' book does an excellent job of providing the detailed information managers need to profitably operate a restaurant, but does it in a very simple, highly readable manner. I believe students will find the book to be most enjoyable. As an Instructor, I really like the ease in which my students will learn and retain the information. I think it is absolutely the best text on the subject and its recent copyright means it is also the most up-to-date.
Book Description
The coverage in SUPPLY CHAIN MANAGEMENT: A BALANCED APPROACH is balanced and uses a broad brush to encompass OM, purchasing, and distribution with a supply chain management focus and covers a great deal of content that isn't currently available. The book guides the reader through how all aspects of supply chain activity are accomplished effectively and efficiently.
Customer Reviews:
Decent book.......2007-07-05
Let's face it, operations management is not a very exciting topic to cover in the classroom. This book does a good job of keeping the information somewhat exciting so that you do not fall asleep while reading the book.
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- Principles Of Operations Management and Student CD (6th Edition)
- Principles Of Operations Management and Student CD (6th Edition)
- Principles of Project Finance
- Production and Operations Analysis with Student CD
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- Six Sigma Beyond the Factory Floor: Deployment Strategies for Financial Services, Health Care, and the Rest of the Real Economy (Six Sigma)
- Small Is the New Big: and 183 Other Riffs, Rants, and Remarkable Business Ideas
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