Showing posts with label operations. Show all posts
Showing posts with label operations. Show all posts

Monday, April 23, 2012

Schaum's Outline of Operations Management Review

Schaum's Outline of Operations Management
Average Reviews:

(More customer reviews)
Professor Monks has done an excellent job of summarizing and giving worked out problems for a very useful field of industry that is often neglected in pure and applied mathematics. This neglect, especially at the pre-college level but also at higher levels, makes it harder for management and operations research college instructors to convey the quantitative methods to their students. These methods are fascinating and include statistical forecasting (with time series and exponential smoothing, correlation, regression), statistical quality control, production scheduling and control (linear programming, dynamic programming), manufacturing /service and maintenance (queuing theory, reliability, simulation, calculus), budgeting, inventory, etc. I recommend this book for everybody in business for themselves or for others and for students at all levels in order to tie in their studies more practically with the real economic world. In addition, the more people are familiar with the methods, the less employment mistakes will be made since so many of the methods interact with hiring, firing, temporary layoffs, etc. With more talent in the field, alternative methods can be developed and tried (for example, present theory assumes that a lot of things involve independent or non-influencing events, but a lot of events are very interdependent and the theory needs far more development there - see my review of Castillo).

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Monday, December 12, 2011

Manufacturing Resource Planning (MRP II) with Introduction to ERP, SCM, and CRM Review

Manufacturing Resource Planning (MRP II) with Introduction to ERP, SCM, and CRM
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My search for MRP II study and reference material ended with this book. This 585-page HANDBOOK OF MRP2 is the most comprehensive text on the subject. It starts with the basics of manufacturing and builds an exhaustive knowledge base for MRP2 students and practitioner. After reading this book you are well prepared to learn the Manufacturing/Production Planning module of any ERP/SCM package.
Because this book covers manufacturing right from strategic planning level to the shop floor, it helps as a primer as well as advanced reference not just for ERP users/implementers but also for SCM learners and practitioners.
The highlight of the first chapter is an exhaustive and lucid coverage of assemble-to-order manufacturing and mass customization. This is the best sourcebook for learning mass customization, product configuration, and planning bills of material.
Material requirements planning is covered in utmost detail in the 2nd chapter. The working of the entire manufacturing module is covered in this comprehensive chapter. Every relevant acronym is explained.
The next 7 chapters cover topics like Strategic and Business Planning, Sales and Operations Planning, Demand Management, Master Production Scheduling, Bill of Material, Capacity Management, and Shop Floor Control. Each topics is covered in a very concise and precise manner. The logical organization of topics in the book and the flow makes learning an extremely complex subject like manufacturing far more easier than one can ever imagine.
The last three chaptrers introducing ERP, SCM, and CRM are rather disappoining in content and coverage. However, the topics covered in this book are indispensible prerequisites for learning ERP and Supply Chain Management. Overall, this book can help you master MRP2, even if you don't know the basics of manufacturing planning.

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This reference explains how companies can maximize the money spent on their enterprise resource/materials requirements planning by clarifying the role of each person involved in its implementation. The author offers a thorough explanation of the basics of manufacturing planning systems, providing readers with the framework for understanding the requirements of a well-functioning, integrated system.

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Tuesday, November 15, 2011

Operations Management (McGraw-Hill International Editions) Review

Operations Management (McGraw-Hill International Editions)
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Stevenson's book on Operations Management gives the book on operations management by Knod and Schonberger a good run for the money,but the Knod and Schonberger book wins by a nose,in the opinion of this reviewer.This book has very good sections on location analysis and run-sign tests that are missing from the Knod and Schonberger book.Stevenson's treatment of the exponential smoothing model and its offshoots represents an improvement over the Knod-Schonberger book.The solution may be to use some of Stevenson's book as a supplement in courses in operations management.Perhaps one should buy both books if there is no financial constraint that is binding.

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This text surveys the field of operations in the services and manufacturing sectors. It provides enhanced coverage from the strategies of designing a product or service, through the processes and systems of making and delivering the product and controlling the operations. All the standard topics are covered with concepts and supporting examples, problems, cases and appropriate current news clips and readings. Stevenson highlights the very important role operations play in today's business world with concise coverage of concepts such as JIT, TQM and supply chain management with more thorough integration of services and increased use of real world examples. All basic quantitative techniques are presented, many in supplements that can be highlighted or bypassed depending on the course structure, and all are supported with step-by-step examples and solved problems, many including example solutions built into Excel spreadsheets. The text is the most widely adopted of any for the introductory course mainly due to the balanced coverage and clearly explained concepts.The text contains a balanced mix of newsclips from the popular press, classic readings, and short articles all highlight and support student motivation and understanding of the real-world applications and the pre-eminent importance of OM concepts in business today. A wealth of carefully tested and refined assignment material is included, from thoughtful discussion questions to conceptual "big picture" memo exercises, cases and operations tours, along with a complete set of problems. Text presentation is supported by more graphic illustrations than any other, using four colours for interest and function, as well as carefully chosen colour photos.

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