Ebook: Manufacturing and Service Enterprise with Risks: A Stochastic Management Approach

This book presents a stochastic management approach for manufacturing and service enterprises with risks by a game/strategic view in order to show the goal and constraints on these enterprises and to provide a strategic/collaborative solution for management with risks in heterogeneity. The book focuses on the three manufacturing classes – continuous, point-wise and flexible stream types – under risks. These streams are first studied using the respective stochastic processes and are characterized and developed as a queueing/strategic control problem of look-ahead/buffer, selection/switchover, and arrangement/routings. Behaviors of some design/control variables are shown, and useful theories for design are established.

Divided into seven sections, the book first looks at the strategic enterprise system and management under risk and then considers the Stochastic Management Model; Stream Risk Processes; Flexible Risk Processes; Ellipse Management with Risk Demand and Supply Risk Chain; and Emerging Challenge, which looks toward further management and strategy development under risks. A wide variety of manufacturing and service systems are considered, including job shops, assembly lines, flexible manufacturing and service systems, supply chains, and the interaction between production and sales. Students, researchers, consultants, practicing engineers and managers who design, develop, or assess production or service enterprises will find much to appreciate here.

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This book presents a stochastic management approach for manufacturing and service enterprises with risks by a game/strategic view in order to show the goal and constraints on these enterprises and to provide a strategic/collaborative solution for management with risks in heterogeneity. The book focuses on the three manufacturing classes – continuous, point-wise and flexible stream types – under risks. These streams are first studied using the respective stochastic processes and are characterized and developed as a queueing/strategic control problem of look-ahead/buffer, selection/switchover, and arrangement/routings. Behaviors of some design/control variables are shown, and useful theories for design are established.

Divided into seven sections, the book first looks at the strategic enterprise system and management under risk and then considers the Stochastic Management Model; Stream Risk Processes; Flexible Risk Processes; Ellipse Management with Risk Demand and Supply Risk Chain; and Emerging Challenge, which looks toward further management and strategy development under risks. A wide variety of manufacturing and service systems are considered, including job shops, assembly lines, flexible manufacturing and service systems, supply chains, and the interaction between production and sales. Students, researchers, consultants, practicing engineers and managers who design, develop, or assess production or service enterprises will find much to appreciate here.

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This book presents a stochastic management approach for manufacturing and service enterprises with risks by a game/strategic view in order to show the goal and constraints on these enterprises and to provide a strategic/collaborative solution for management with risks in heterogeneity. The book focuses on the three manufacturing classes – continuous, point-wise and flexible stream types – under risks. These streams are first studied using the respective stochastic processes and are characterized and developed as a queueing/strategic control problem of look-ahead/buffer, selection/switchover, and arrangement/routings. Behaviors of some design/control variables are shown, and useful theories for design are established.

Divided into seven sections, the book first looks at the strategic enterprise system and management under risk and then considers the Stochastic Management Model; Stream Risk Processes; Flexible Risk Processes; Ellipse Management with Risk Demand and Supply Risk Chain; and Emerging Challenge, which looks toward further management and strategy development under risks. A wide variety of manufacturing and service systems are considered, including job shops, assembly lines, flexible manufacturing and service systems, supply chains, and the interaction between production and sales. Students, researchers, consultants, practicing engineers and managers who design, develop, or assess production or service enterprises will find much to appreciate here.

Content:
Front Matter....Pages I-XI
Front Matter....Pages 1-1
Management in the Age of Risk....Pages 3-9
Stochastic Management Approach....Pages 11-18
Risk Chains and Balancing....Pages 19-26
Front Matter....Pages 27-27
Management Cycle Model....Pages 29-35
Limit-Cycle Model....Pages 37-48
Management with Sales Risk....Pages 49-61
Service Versus Manufacturing Model....Pages 63-72
Front Matter....Pages 73-73
Continuous Risk Stream....Pages 75-85
Line Design with Stoppers....Pages 87-94
Point-Wise Risk Processes....Pages 95-107
Dynamic Type Strategy....Pages 109-118
Front Matter....Pages 119-119
Flexible Cell System....Pages 121-127
FAS with Generalized CSPSs....Pages 129-138
Job/Customers Routing....Pages 139-149
FMS/FAS and Optimal Routing....Pages 151-159
Front Matter....Pages 161-161
Assembly Enterprise....Pages 163-172
Mixed Line Design with Look-Ahead....Pages 173-182
NonAssembly Type....Pages 183-192
Flexible Enterprise and Ellipse Strategy....Pages 193-205
Front Matter....Pages 207-207
2MGM Chains and Balancing....Pages 209-217
Front Matter....Pages 207-207
Make-or-Buy and Retail SCMs....Pages 219-230
Manufacturing SCM....Pages 231-242
Toyota Versus Dell Strategy....Pages 243-252
Front Matter....Pages 253-253
Pair-Strategic Map Issues....Pages 255-261
Summary and Remarks....Pages 263-268
Stochastic Management Approach....Pages E1-E5
Back Matter....Pages 269-279

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This book presents a stochastic management approach for manufacturing and service enterprises with risks by a game/strategic view in order to show the goal and constraints on these enterprises and to provide a strategic/collaborative solution for management with risks in heterogeneity. The book focuses on the three manufacturing classes – continuous, point-wise and flexible stream types – under risks. These streams are first studied using the respective stochastic processes and are characterized and developed as a queueing/strategic control problem of look-ahead/buffer, selection/switchover, and arrangement/routings. Behaviors of some design/control variables are shown, and useful theories for design are established.

Divided into seven sections, the book first looks at the strategic enterprise system and management under risk and then considers the Stochastic Management Model; Stream Risk Processes; Flexible Risk Processes; Ellipse Management with Risk Demand and Supply Risk Chain; and Emerging Challenge, which looks toward further management and strategy development under risks. A wide variety of manufacturing and service systems are considered, including job shops, assembly lines, flexible manufacturing and service systems, supply chains, and the interaction between production and sales. Students, researchers, consultants, practicing engineers and managers who design, develop, or assess production or service enterprises will find much to appreciate here.

Content:
Front Matter....Pages I-XI
Front Matter....Pages 1-1
Management in the Age of Risk....Pages 3-9
Stochastic Management Approach....Pages 11-18
Risk Chains and Balancing....Pages 19-26
Front Matter....Pages 27-27
Management Cycle Model....Pages 29-35
Limit-Cycle Model....Pages 37-48
Management with Sales Risk....Pages 49-61
Service Versus Manufacturing Model....Pages 63-72
Front Matter....Pages 73-73
Continuous Risk Stream....Pages 75-85
Line Design with Stoppers....Pages 87-94
Point-Wise Risk Processes....Pages 95-107
Dynamic Type Strategy....Pages 109-118
Front Matter....Pages 119-119
Flexible Cell System....Pages 121-127
FAS with Generalized CSPSs....Pages 129-138
Job/Customers Routing....Pages 139-149
FMS/FAS and Optimal Routing....Pages 151-159
Front Matter....Pages 161-161
Assembly Enterprise....Pages 163-172
Mixed Line Design with Look-Ahead....Pages 173-182
NonAssembly Type....Pages 183-192
Flexible Enterprise and Ellipse Strategy....Pages 193-205
Front Matter....Pages 207-207
2MGM Chains and Balancing....Pages 209-217
Front Matter....Pages 207-207
Make-or-Buy and Retail SCMs....Pages 219-230
Manufacturing SCM....Pages 231-242
Toyota Versus Dell Strategy....Pages 243-252
Front Matter....Pages 253-253
Pair-Strategic Map Issues....Pages 255-261
Summary and Remarks....Pages 263-268
Stochastic Management Approach....Pages E1-E5
Back Matter....Pages 269-279
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