Dynamic Modeling for Business Management: An Introduction

✍ Scribed by Bernard McGarvey, Bruce Hannon (eds.)

• Publisher: Springer-Verlag New York
• Year: 2004
• Tongue: English
• Leaves: 319
• Series: Modeling Dynamic Systems
• Edition: 1
• Category: Library

✦ Synopsis

Modeling is a tool used by savvy business managers to understand the processes of their businesses and to estimate the impact of changes. Dynamic Modeling for Business Management demonstrates dynamic modeling techniques beginning with fundamental processes and advancing to more complex business models. Discussions of modeling emphasize its practical use for decision-making and in implementing change for measurable results. Readers will learn both manufacturing and service-oriented business processes through hands-on lessons. They will then be able to manipulate additional models to test 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.

✦ Table of Contents

Introduction to Dynamic Modeling....Pages 1-20
Modeling of Dynamic Business Systems....Pages 21-47
Measuring Process Performance....Pages 48-75
Single-Step Processes....Pages 76-105
Multistep Serial Workflow Processes....Pages 106-139
Multistep Parallel Workflow Processes....Pages 140-169
The Supplier Interface: Managing Risk....Pages 170-178
The Customer Interface....Pages 179-191
The Tradeoffs Among Quality, Speed, and Cost....Pages 192-199
Modeling Supply Chains....Pages 200-225
The Dynamics of Management Strategy....Pages 226-239
Modeling Improvement Processes....Pages 240-258

✦ Subjects

Business/Management Science, general; Economics/Management Science, general; Economic Systems; Industrial Organization; Management; Organization/Planning