Building Intuition Insights From Basic Operations Management Models

One of the primary purposes of any model is to build intuition and generate insights. Typically, a model is developed to be able to better understand phenomena that are otherwise difficult to comprehend. Models can also help in verifying the correctness o

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Early Titles in the INTERNATIONAL SERIES IN OPERATIONS RESEARCH & MANAGEMENT SCIENCE Frederick S. Hillier, Series Editor, Stanford University Saigal/ A MODERN APPROACH TO LINEAR PROGRAMMING Nagurney/ PROJECTED DYNAMICAL SYSTEMS & VARIATIONAL INEQUALITIES WITH APPLICATIONS Padberg & Rijal/ LOCATION, SCHEDULING, DESIGN AND INTEGER PROGRAMMING Vanderbei/ LINEAR PROGRAMMING Jaiswal/ MILITARY OPERATIONS RESEARCH Gal & Greenberg/ ADVANCES IN SENSITIVITY ANALYSIS & PARAMETRIC PROGRAMMING Prabhu/ FOUNDATIONS OF QUEUEING THEORY Fang, Rajasekera & Tsao/ ENTROPY OPTIMIZATION & MATHEMATICAL PROGRAMMING Yu/ OR IN THE AIRLINE INDUSTRY Ho & Tang/ PRODUCT VARIETY MANAGEMENT El-Taha & Stidham/ SAMPLE-PATH ANALYSIS OF QUEUEING SYSTEMS Miettinen/ NONLINEAR MULTIOBJECTIVE OPTIMIZATION Chao & Huntington/ DESIGNING COMPETITIVE ELECTRICITY MARKETS Weglarz/ PROJECT SCHEDULING: RECENT TRENDS & RESULTS Sahin & Polatoglu/ QUALITY, WARRANTY AND PREVENTIVE MAINTENANCE Tavares/ ADVANCES MODELS FOR PROJECT MANAGEMENT Tayur, Ganeshan & Magazine/ QUANTITATIVE MODELS FOR SUPPLY CHAIN MANAGEMENT Weyant, J./ ENERGY AND ENVIRONMENTAL POLICY MODELING Shanthikumar, J.G. & Sumita, U./ APPLIED PROBABILITY AND STOCHASTIC PROCESSES Liu, B. & Esogbue, A.O./ DECISION CRITERIA AND OPTIMAL INVENTORY PROCESSES Gal, T., Stewart, T.J., Hanne, T. / MULTICRITERIA DECISION MAKING: Advances in MCDM Models, Algorithms, Theory, and Applications Fox, B.L. / STRATEGIES FOR QUASI-MONTE CARLO Hall, R.W. / HANDBOOK OF TRANSPORTATION SCIENCE Grassman, W.K. / COMPUTATIONAL PROBABILITY Pomerol, J-C. & Barba-Romero, S. / MULTICRITERION DECISION IN MANAGEMENT Axsäter, S. / INVENTORY CONTROL Wolkowicz, H., Saigal, R., & Vandenberghe, L. / HANDBOOK OF SEMI-DEFINITE PROGRAMMING: Theory, Algorithms, and Applications Hobbs, B.F. & Meier, P. / ENERGY DECISIONS AND THE ENVIRONMENT: A Guide to the Use of Multicriteria Methods Dar-El, E. / HUMAN LEARNING: From Learning Curves to Learning Organizations Armstrong, J.S. / PRINCIPLES OF FORECASTING: A Handbook for Researchers and Practitioners Balsamo, S., Personé, V., & Onvural, R./ ANALYSIS OF QUEUEING NETWORKS WITH BLOCKING Bouyssou, D. et al. / EVALUATION AND DECISION MODELS: A Critical Perspective Hanne, T. / INTELLIGENT STRATEGIES FOR META MULTIPLE CRITERIA DECISION MAKING

Dilip Chhajed • Timothy J. Lowe Editors

Building Intuition Insights From Basic Operations Management Models and Principles

Editors Dilip Chhajed University of Illinois Champaign, IL 61822 USA [email protected]

Timothy J. Lowe University of Iowa Iowa City, IA 52242 USA [email protected]

Series Editor Fred Hillier Stanford University Stanford, CA, USA

ISBN 978-0-387-73698-3

e-ISBN 978-0-387-73699-0

Library of Congress Control Number: 2007941122 © 2008 by Springer Science+Business Media, LLC All rights reserved. This work may not be translated or copied in whole or in part without the written permission of the publisher (Springer Science + Business Media, LLC, 233 Spring Street, New York, NY 10013, USA), except for brief excerpts in connection with rev