Tutorials

Product Name Price
The Square Root Law for Warehouses $5.00 Buy Now
This paper presents the well-known square root model for estimating the impact of adding or removing warehouses from a market. For example, doubling the number of warehouses should increase the total system inventory by about 41%. The paper provides justification for this model for both safety stock and lotsize inventories and presents simple tables that can be used instead of equations.

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Theory of Constraints $5.00 Buy Now
This paper overviews the theory of constraints proposed by Goldratt.

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Throughput Accounting $5.00 Buy Now
This paper presents Goldratt’s throughput accounting principles with an example.

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To Stock or Not to Stock: That is the Question $5.00 Buy Now
A paper that addresses the important question, “should this item be stocked or not?” by developing a simple mathematical model.

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Traveling Salesperson Problem $5.00 Buy Now
A paper that presents a number of mathematical models for the traveling salesperson problem and discusses heuristic methods for solving them.

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Triangular Distribution $5.00 Buy Now
This paper presents the details of the triangular distribution and argues that it should be used when little information about the form of the distribution is known. The paper also derives the density, distribution, inverse distribution, and partial expectation functions for the triangular distribution. The appendices include the VBA code for the triangular CDF, inverse CDF, and the partial expectation functions.

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Types of Process Improvement Projects $5.00 Buy Now
In the implementing a process improvement program, it is important to match the type of project to the problem. This paper helps the reader identify the right type of project for a problem based on the complexity of the problem. Types of projects include Just-do-it (JDI) projects, individual (job description) projects, kaizen workshops, formal projects, and strategic initiatives (i.e., program, business process re-engineering, and kaikaku).

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Value Stream Mapping $5.00 Buy Now
The value stream map is a standard tool for implementing lean concepts. This paper explains how to create an effective value stream map to help managers better understand and improve processes.

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Vendor Managed Inventory $5.00 Buy Now
A paper that presents both the pros and cons of using vendor managed inventory.

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Yield Management $5.00 Buy Now
This paper defines yield management (also known as revenue management, perishable asset management, load management, and revenue enhancement) and explains practical ways that firms can use yield management concepts to maximize revenue and profits.

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