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Author: Frank A. Tillman
Publisher: FT Press
ISBN: 0132869780
Category : Business & Economics
Languages : en
Pages : 273
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Book Description
A Professional's Guide to Decision Science and Problem Solving provides an integrated, start-to-finish framework for more effective problem solving and decision making in corporations. Drawing on vast experience in the field, the authors show how to apply state-of-the-art decision science, statistical modeling, benchmarking, and processing modeling techniques together to create a robust analytical framework for better decision making in any field, especially those that rely on advanced operations management. They integrate both newly-developed and time-tested techniques into a logical, structured approach for assessing corporate issues, developing solutions, and making decisions that drive the successful achievement of corporate objectives. Coverage includes: defining objectives, exploring the environment; scoping problems and evaluating their importance; bringing data mining and statistical analysis to bear; solving problems and measuring the results; evaluating the results and performing sensitivity analysis, and more. The book concludes with three case study chapters that walk through the effective use of its methods, step-by-step. Representing a wide variety of corporate environments, these case studies underscore and demonstrate the method's exceptional adaptability. This book will be valuable in a wide range of industries, notably finance, pharmaceutical, healthcare, economics, and manufacturing.
Author: Frank A. Tillman
Publisher: FT Press
ISBN: 0132869780
Category : Business & Economics
Languages : en
Pages : 273
Get Book Here
Book Description
A Professional's Guide to Decision Science and Problem Solving provides an integrated, start-to-finish framework for more effective problem solving and decision making in corporations. Drawing on vast experience in the field, the authors show how to apply state-of-the-art decision science, statistical modeling, benchmarking, and processing modeling techniques together to create a robust analytical framework for better decision making in any field, especially those that rely on advanced operations management. They integrate both newly-developed and time-tested techniques into a logical, structured approach for assessing corporate issues, developing solutions, and making decisions that drive the successful achievement of corporate objectives. Coverage includes: defining objectives, exploring the environment; scoping problems and evaluating their importance; bringing data mining and statistical analysis to bear; solving problems and measuring the results; evaluating the results and performing sensitivity analysis, and more. The book concludes with three case study chapters that walk through the effective use of its methods, step-by-step. Representing a wide variety of corporate environments, these case studies underscore and demonstrate the method's exceptional adaptability. This book will be valuable in a wide range of industries, notably finance, pharmaceutical, healthcare, economics, and manufacturing.
Author: Paul Brest
Publisher: Oxford University Press
ISBN: 0199995915
Category : Law
Languages : en
Pages : 696
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Book Description
In Problem Solving, Decision Making, and Professional Judgment, Paul Brest and Linda Hamilton Krieger have written a systematic guide to creative problem solving that prepares students to exercise effective judgment and decision making skills in the complex social environments in which they will work. The book represents a major milestone in the education of lawyers and policymakers, Developed by two leaders in the field, this first book of its type includes material drawn from statistics, decision science, social and cognitive psychology, the "judgment and decision making" (JDM) literature, and behavioral economics. It combines quantitative approaches to empirical analysis and decision making (statistics and decision science) with the psychological literature illustrating the systematic errors of the intuitive decision maker. The book can stand alone as a text or serve as a supplement to a core law or public policy curriculum. Problem Solving, Decision Making, and Professional Judgment: A Guide for Lawyers and Policymakers prepares students and professionals to be creative problem solvers, wise counselors, and effective decision makers. The authors' ultimate goals are to help readers "get it right" in their roles as professionals and citizens, and to arm them against common sources of judgment error.
Author: Bob Sproull
Publisher: Taylor & Francis
ISBN: 135111624X
Category : Business & Economics
Languages : en
Pages : 185
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Book Description
Each day, managers and employees are confronted with a plethora of real problems and decisions that are creating issues suchs as lost throughput, poor quality, personnel problems, and material shortages.How they approach these daily quandaries will determine how successful they are at resolving problems and making effective decisions. It is human nature for managers to solutions before they even understand the nature of the problems they are trying to solve. As a result, they end up making blind decisions that change perfectly acceptable processes for incorrect reasons. The real secret to solving problems does not depend upon the number of sophisticated statistical tools that one applies -- The secret to solving most problems is to keep the approach simple and uncomplicated. Many managers and employees make mistakes because they fail to do what Toyota does so effortlessly -- . They fail to perform the 'genmba walk,' during which they go to see the actual process, understand the work, ask questions, and learn. By following a structured approach, and using only simple tools, most problems can be solved, effective decisions can be made, and problems prevented. The cornerstones of this book are three detailed roadmaps for solving problems, preventing problems, and making effective decisions. Each roadmap contains a step-by-step explanation on how to solve existing problems, how to prevent future problems, and how to make effective decisions. The book provides real case studies to illustrate each of the techniques presented in the book.
Author: Sachi Nandan Mohanty
Publisher: Springer Nature
ISBN: 303066869X
Category : Psychology
Languages : en
Pages : 117
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Book Description
In Decision Making and Problem Solving: A Practical Guide for Applied Research, the author utilizes traditional approaches, tools, and techniques adopted to solve current day-to-day, real-life problems. The book offers guidance in identifying and applying accurate methods for designing a strategy as well as implementing these strategies in the real world. The book includes realistic case studies and practical approaches that should help readers understand how the decision making occurs and can be applied to problem solving under deep uncertainty.
Author: Deandra Cassone
Publisher: Springer Nature
ISBN: 3031675657
Category :
Languages : en
Pages : 125
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Book Description
Author: Frank A. Tillman
Publisher: FT Press
ISBN: 0132981882
Category : Business & Economics
Languages : en
Pages : 96
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Book Description
Normal 0 false false false MicrosoftInternetExplorer4 It is notoriously difficult to measure work in management, professional, and service roles, where management can’t quantify the number of units produced, and repetition of work occurs only on much longer cycle times. Nevertheless, you must make accurate measurements to correctly size your organization--and current economic uncertainty makes this even more critical. In Manpower Requirements for Management and Professional Personnel, Frank A. Tillman and Deandra T. Cassone present an exceptionally accurate analytical approach to assessing manpower requirements throughout white-collar environments, helping companies systematically, carefully select individuals who are best suited for a wide variety of roles throughout the business. Tillman and Cassone’s structured, statistical staffing model accounts for tasks, the time it takes to perform them, and the inevitable significant variability in task times. Reflecting the types of jobs it seeks to quantify, it takes a broader view of what constitutes a “task” or “work unit,” enabling decision-makers to utilize already available data in powerful new ways. Tillman and Cassone detail data sources, functions, activities, workload drivers, inflows, processing, outflows, and more. They also address complex issues such as skill-mix trade-offs that any staffing model for managers and professionals needs to handle. Tillman and Cassone’s model can be used as a management tool for analyzing, determining, and redistributing staffing resources throughout the organization and for both future resource planning and “what-if” analysis.
Author: Frank A. Tillman
Publisher: FT Press
ISBN: 0132981912
Category : Business & Economics
Languages : en
Pages : 41
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Book Description
In Investment Strategy for Product Development in the Aerospace Industry, Frank A. Tillman and Deandra T. Cassone introduce a complete process for developing an investment strategy for the Air Force Material Command that develops products for the military aerospace industry. The Air Force has used Tillman and Cassone’s model to help establish goals and objectives, relate them to decision criteria, and use them to analytically prioritize programs and allocate resources. Their model is interesting both for the specific problem it solves and for the example it offers: a model of a diverse set of projects that requires clearly defined goals, objectives, and metrics which can be compared on an “apples-to-apples” basis. It also shows how to capture and integrate the sometimes-differing viewpoints of multiple decision makers in a consistent process that ensures the greatest possible objectivity. The investment strategy outlined here offers a foundation any large organization can use to establish automated structured project prioritization and resource allocation processes for traceable and defensible decision making. It also presents steps and reports that can be used to develop an automated system for efficiently repeating the investment decision-making process in the future.
Author: Deandra Cassone
Publisher: Springer Nature
ISBN: 3031677986
Category :
Languages : en
Pages : 129
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Book Description
Author: Frank A. Tillman
Publisher: FT Press
ISBN: 0132981807
Category : Electronic books
Languages : en
Pages : 47
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Book Description
In Strategic Planning and New Product Development , world-class decision support experts Frank A. Tillman and Deandra T. Cassone present a complete corporate strategic planning model for selecting new products: a model that can be used to systematically manage and evaluate business and/or new product opportunities from conception to commercialization. Tillman and Cassone's model captures input on goals and objectives from all levels of the organization, translates these goals and objectives into clear decision criteria, and generates metrics that can be used to measure the success of any decision. It tracks developmental progress of current and/or new business and product opportunities; helps companies eliminate unprofitable business sooner; brings discipline and consistency to evaluating each new opportunity, and generates a list of clear priorities. Tillman and Cassone go beyond "conceptualizing" this model, presenting actual sample computer screens and identifying every key data input, from financial impact and strategic alignment to probability of success. They also demonstrate how to use weighting to bring greater flexibility and agility to decision modeling. Along with offering exceptionally valuable guidance to product developers and corporate strategists, it also demonstrates the broader applicability of automated decision support systems and offers real-world insight for building models that address a wide spectrum of business challenges.
Author: Frank A. Tillman
Publisher: FT Press
ISBN: 0132982013
Category : Business & Economics
Languages : en
Pages : 35
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Book Description
Normal 0 false false false MicrosoftInternetExplorer4 How much warehouse space will your company need throughout the year? That’s a brutally complex question--and companies that get it wrong can waste huge amounts of money. In Developing a Warehouse and Inventory Level Optimization System, Frank A. Tillman and Deandra Cassone introduce a complete model for answering this question more accurately and minimizing warehousing costs without introducing excessive costs elsewhere. Tillman and Cassone help you accurately project how much inventory you’ll need to house to avoid stockouts, by accurately analyzing the demand pattern of each product at the wholesaler level throughout the year and establishing the demand distributions and inventory requirements to cover service for each level of product at each wholesaler. Their sequential analysis establishes the safety stock and inventory levels required to support the desired service level to each wholesaler. Products are next measured as they flow through manufacturing, packaging, warehousing, and distribution to dynamically determine the optimal Full Goods Days Inventory as an output of the system. Tillman and Cassone’s sophisticated simulation approach goes beyond conventional linear programming allocation of resources, helping decision-makers project inventory build-up on a shift-by-shift basis. Their model can help companies prioritize products and allocate resources to maximize profit and customer satisfaction within existing demand and capacity constraints and makes possible detailed scheduling of products through the system.
