TAILIEUCHUNG - Lecture Operations management: Creating value along the supply chain (Canadian edition) - Chapter 13S

Chapter 13 supplement - Operational decision-making tools: Simulation. This chapter includes contents: Monte carlo simulation, computer simulation with excel, areas of simulation application. | Supplement 13-1 Robert S. Russell, Bernard W. Taylor III, Ignacio Castillo, Navneet Vidyarthi CHAPTER 13 SUPPLEMENT Operational Decision-Making Tools: Simulation OPERATIONS MANAGEMENT: Creating Value Along the Supply Chain, Canadian Edition 1 Lecture Outline Monte Carlo Simulation Computer Simulation with Excel Areas of Simulation Application Supplement 13-2 2 Simulation Mathematical and computer modeling technique for replicating real-world problem situations Modeling approach primarily used to analyze probabilistic problems It does not normally provide a solution; instead it provides information that is used to make a decision Physical simulation Space flights, wind tunnels, treadmills for tires Mathematical-computerized simulation Computer-based replicated models Supplement 13-3 3 Monte Carlo Simulation Select numbers randomly from a probability distribution Use these values to observe how a model performs over time Random numbers each have an equal likelihood of being selected at

• Quản trị kinh doanh
• Operations management
• Lecture Operations management
• Supply chain management
• Quality management
• Operational decision making tools
• Process management
• Supply chain
• Scope of operations management
• Decision making
• Ebook Operations management
• Operations performance
• Operations strategy
• Process design
• Fundamentals of operations management
• Quản lý vận hành
• Operations management strategy
• Transformation process
• Lean operations
• Lean system characteristics
• Lean systems
• Production operations management
• Production Management
• Lecture Production operations management
• Business strategy
• Objectives of inventory management
• Inventory management
• Competitive advantage
• Operations consulting
• Business process reengineering
• Stages of operations consulting
• Operations consulting tool kit
• Aggregate sales
• Operations planning
• Operations planning activities
• Aggregate operations plan
• Management of quality
• Project management
• Project characteristics
• Supply chain management
• Inventory management
• Disadvantages of inventory
• Modern production