E-Book Overview
Modeling is a tool used by savvy business managers to understand the processes of their business and to estimate the impact of changes. Dynamic Modeling for Business Management applies dynamic modeling to business management, using accessible modeling techniques that are demonstrated starting with fundamental processes and advancing to more complex business models. Discussions of modeling emphasize its practical use for decision making and implementing change for measurable results. Readers will learn about both manufacturing and service-oriented business processes using hands-on lessons. Then will then be able to manipulate additional models to try out their knowledge and address issues specific to their own businesses and interests. All of the models used in the book and a run-time version of the ithink software are included on a CD-ROM included with the book. Some of the topics covered include workflow management, supply- chain management, and strategy.
E-Book Content
Modeling Dynamic Systems Series Editors Matthias Ruth Bruce Hannon This page intentionally left blank Bernard McGarvey Bruce Hannon Dynamic Modeling for Business Management An Introduction With 166 Illustrations and a CD-ROM Bernard McGarvey Process Engineering Center Drop Code 3127 Eli Lilly and Company Lilly Corporate Center Indianapolis, IN 46285 USA Series Editors: Matthias Ruth Environmental Program School of Public Affairs 3139 Van Munching Hall University of Maryland College Park, MD 20742–1821 USA Bruce Hannon Department of Geography 220 Davenport Hall, MC 150 University of Illinois Urbana, IL 61801 USA Bruce Hannon Department of Geography 220 Davenport Hall, MC 150 University of Illinois Urbana, IL 61801 USA Cover illustration: Top panel––The model with the controls on ORDERING and SELLING. Bottom panel––Photo by William F. Curtis.