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Operations Methods
book

Operations Methods

by Kenneth A. Shaw
January 2012
Intermediate to advanced
165 pages
4h
English
Business Expert Press
Content preview from Operations Methods

Notes

Preface

1. Fitzsimmons and Fitzsimmons (2011).

Chapter 1

1. Refer to Appendices A and B for more detailed descriptions of the terms and symbols used in the text.

2. Laguna and Marklund (2005), chapter 6.

3. Hillier and Lieberman (2010), chapter 17.

4. Nelson (2010), chapter 8.

5. Some of you are probably asking, “Shouldn’t this value be 50%?” Many of my students ask this question because their familiarity in using normal distributions implies that the average should be at the 50% point. Although this is true for a normal distribution, it is not true for the majority of distributions. For an exponential distribution, the average value corresponds to the 36.78% point and to the 1 − 0.3678 = 63.21% point for the inverse exponential distribution. ...

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Publisher Resources

ISBN: 9781606492376