Simulating Business Processes for Descriptive, Predictive, and Prescriptive Analytics

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Release : 2019-10-21
Genre : Business & Economics
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Book Rating : 714/5 ( reviews)

Simulating Business Processes for Descriptive, Predictive, and Prescriptive Analytics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Simulating Business Processes for Descriptive, Predictive, and Prescriptive Analytics write by Andrew Greasley. This book was released on 2019-10-21. Simulating Business Processes for Descriptive, Predictive, and Prescriptive Analytics available in PDF, EPUB and Kindle. This book outlines the benefits and limitations of simulation, what is involved in setting up a simulation capability in an organization, the steps involved in developing a simulation model and how to ensure that model results are implemented. In addition, detailed example applications are provided to show where the tool is useful and what it can offer the decision maker. In Simulating Business Processes for Descriptive, Predictive, and Prescriptive Analytics, Andrew Greasley provides an in-depth discussion of Business process simulation and how it can enable business analytics How business process simulation can provide speed, cost, dependability, quality, and flexibility metrics Industrial case studies including improving service delivery while ensuring an efficient use of staff in public sector organizations such as the police service, testing the capacity of planned production facilities in manufacturing, and ensuring on-time delivery in logistics systems State-of-the-art developments in business process simulation regarding the generation of simulation analytics using process mining and modeling people’s behavior Managers and decision makers will learn how simulation provides a faster, cheaper and less risky way of observing the future performance of a real-world system. The book will also benefit personnel already involved in simulation development by providing a business perspective on managing the process of simulation, ensuring simulation results are implemented, and that performance is improved.

Introduction to Business Analytics Using Simulation

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Release : 2022-02-06
Genre : Business & Economics
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Book Rating : 173/5 ( reviews)

Introduction to Business Analytics Using Simulation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Introduction to Business Analytics Using Simulation write by Jonathan P. Pinder. This book was released on 2022-02-06. Introduction to Business Analytics Using Simulation available in PDF, EPUB and Kindle. Introduction to Business Analytics Using Simulation, Second Edition employs an innovative strategy to teach business analytics. The book uses simulation modeling and analysis as mechanisms to introduce and link predictive and prescriptive modeling. Because managers can't fully assess what will happen in the future, but must still make decisions, the book treats uncertainty as an essential element in decision-making. Its use of simulation gives readers a superior way of analyzing past data, understanding an uncertain future, and optimizing results to select the best decision. With its focus on uncertainty and variability, this book provides a comprehensive foundation for business analytics. Students will gain a better understanding of fundamental statistical concepts that are essential to marketing research, Six-Sigma, financial analysis, and business analytics. Teaches managers how they can use business analytics to formulate and solve business problems to enhance managerial decision-making Explains the processes needed to develop, report and analyze business data Describes how to use and apply business analytics software Offers expanded coverage on the value and application of prescriptive analytics Includes a wealth of illustrative exercises that are newly organized by difficulty level Winner of the 2017 Textbook and Academic Authors Association's (TAA) Most Promising New Textbook Award in the prior edition

Business Process Modeling, Simulation and Design

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Release : 2018-12-07
Genre : Business & Economics
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Book Rating : 337/5 ( reviews)

Business Process Modeling, Simulation and Design - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Business Process Modeling, Simulation and Design write by Manuel Laguna. This book was released on 2018-12-07. Business Process Modeling, Simulation and Design available in PDF, EPUB and Kindle. Business Process Modeling, Simulation and Design, Third Edition provides students with a comprehensive coverage of a range of analytical tools used to model, analyze, understand, and ultimately design business processes. The new edition of this very successful textbook includes a wide range of approaches such as graphical flowcharting tools, cycle time and capacity analyses, queuing models, discrete-event simulation, simulation-optimization, and data mining for process analytics. While most textbooks on business process management either focus on the intricacies of computer simulation or managerial aspects of business processes, this textbook does both. It presents the tools to design business processes and management techniques on operating them efficiently. The book focuses on the use of discrete event simulation as the main tool for analyzing, modeling, and designing effective business processes. The integration of graphic user-friendly simulation software enables a systematic approach to create optimal designs.

Business Process Modeling, Simulation and Design, Second Edition

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Release : 2013-04-25
Genre : Business & Economics
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Book Rating : 257/5 ( reviews)

Business Process Modeling, Simulation and Design, Second Edition - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Business Process Modeling, Simulation and Design, Second Edition write by Manuel Laguna. This book was released on 2013-04-25. Business Process Modeling, Simulation and Design, Second Edition available in PDF, EPUB and Kindle. Most textbooks on business process management focus on either the nuts and bolts of computer simulation or the managerial aspects of business processes. Covering both technical and managerial aspects of business process management, Business Process Modeling, Simulation and Design, Second Edition presents the tools to design effective business processes and the management techniques to operate them efficiently. New to the Second Edition Three completely revised chapters that incorporate ExtendSim 8 An introduction to simulation A chapter on business process analytics Developed from the authors’ many years of teaching process design and simulation courses, the text provides students with a thorough understanding of numerous analytical tools that can be used to model, analyze, design, manage, and improve business processes. It covers a wide range of approaches, including discrete event simulation, graphical flowcharting tools, deterministic models for cycle time analysis and capacity decisions, analytical queuing methods, and data mining. Unlike other operations management books, this one emphasizes user-friendly simulation software as well as business processes, rather than only manufacturing processes or general operations management problems. Taking an analytical modeling approach to process design, this book illustrates the power of simulation modeling as a vehicle for analyzing and designing business processes. It teaches how to apply process simulation and discusses the managerial implications of redesigning processes. The ExtendSim software is available online and ancillaries are available for instructors.

Absolute Essentials of Operations Management

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Release : 2019-11-05
Genre : Business & Economics
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Book Rating : 103/5 ( reviews)

Absolute Essentials of Operations Management - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Absolute Essentials of Operations Management write by Andrew Greasley. This book was released on 2019-11-05. Absolute Essentials of Operations Management available in PDF, EPUB and Kindle. This short textbook consolidates all the key aspects of operations management into a concise and easily accessible reference tool. Comprising the management of creating goods and delivering services to customers, operations management plays an essential role in the success of any organization. This book discusses the main areas of operations management, such as the design of the operations system, including product, process and job design. It also covers the management of operations, including lean operations and supply chain management. Breaking the subject down into its key components, this book provides a core introduction for undergraduate students studying operations management as part of business and management degrees.