Abstract
This book explores a set of critical areas of Operations Management in depth. The contents covers topics such as: - Waiting Line Models (e.g. Multiple Server Waiting Line) - Transportation and Network Models (e.g. Shortest Route) - Inventory Management (e.g. Economic Order Quantity model) This will enable the reader: - To increase the efficiency and productivity of business firms - To observe and define “challenges” in a concise, precise and logical manner - To be familiar with a selected number of classical and state-of-the art Management Science methods and tools to solve management problems - To create solution models, to develop and create procedures that offer competitive advantage to the business/organisation - To communicate and provide results to the management for decision making and implementation