Elements of Manufacturing, Distribution and Logistics Quantitative M
This book describes a variety of quantitative methods that are vital to planning and control in the operations of the industrial world, from suppliers to manufacturing plants to distribution centers and to the dealers and stores. The topics include: forec
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Elements of Manufacturing, Distribution and Logistics Quantitative Methods for Planning and Control
Elements of Manufacturing, Distribution and Logistics
Nick T. Thomopoulos
Elements of Manufacturing, Distribution and Logistics Quantitative Methods for Planning and Control
Nick T. Thomopoulos Stuart School of Business Illinois Institute of Technology Chicago, IL, USA
ISBN 978-3-319-26861-3 ISBN 978-3-319-26862-0 DOI 10.1007/978-3-319-26862-0
(eBook)
Library of Congress Control Number: 2015957219 Springer Cham Heidelberg New York Dordrecht London © Springer International Publishing Switzerland 2016 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper Springer International Publishing AG Switzerland is part of Springer Science+Business Media (www.springer.com)
For my wife, my children, and my grandchildren
Preface
I was fortunate to have a rich and diverse career in industry and academia as it unfolded. This included working at International Harvester as supervisor of operations research in the corporate headquarters, at IIT Research Institute (IITRI) as a senior scientist with worldwide applications, and as a professor in the Industrial Engineering Department and in the Stuart School of Business at the Illinois Institute of Technology (Illinois Tech) and the many years of consulting assignments with industry and government throughout the world. At Illinois Tech, I was lucky to be assigned a broad array of courses, gaining a wide breadth of analytical knowledge with the variety of topics, and with the added knowledge I acquired with every repeat of the course. I also was privileged to serve as the advisor to 36 bright Ph.D. students as they carried on their dissertation research. Bits of knowledge from the various courses I taught and continual research helped me in the classroom and also in my consulting assignments. I used my industry knowledge in classroom lectures so the students could see how some of the textbook methodologies are actual
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