Rapid Modelling for Increasing Competitiveness: Tools and Mindset

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This proceedings volume of selected papers presented at the 1st Rapid Modelling Conference "Increasing Competitiveness – Tools and Mindset" gives a state-of-the-art overview of current research and new developments in the field of rapid modelling linked with lead time reduction. Rapid Modelling is generally based on queuing theory, but other mathematical modelling techniques are of interest, as are simulation models to facilitate the transfer of knowledge from theory to application, providing the theoretical foundations for successful lead time reduction.

The interested reader (researcher as well as practitioner) should have a good overview of current activity in this field. Rapid Modelling for Increasing Competitiveness suggests that companies which are equipped for speed, with innovative processes, will outperform their slower competitors in many industries. Furthermore, this work also contributes to the scientific fields of operations management, production management, supply chain management, industrial engineering and operations research. The research papers presented in this book can be used to support the exchange of knowledge – between researchers, as well as practitioners – on the subject of increasing competitiveness through speed.

Rapid Modelling for Increasing Competitiveness is supported by the EU Seventh Framework Programme – The People Programme – Industry-Academia Partnerships and Pathways Project (No. 217891) "How revolutionary queuing based modelling software helps keeping jobs in Europe. The creation of a lead time reduction software that increases industry competitiveness and supports academic research."

Author(s): Suzanne de Treville, Ulrich Hoffrage, Jeffrey S. Petty (auth.), Gerald Reiner (eds.)
Edition: 1
Publisher: Springer-Verlag London
Year: 2009

Language: English
Pages: 310
Tags: Engineering Economics, Organization, Logistics, Marketing; Operations Research/Decision Theory; Simulation and Modeling; Operations Research, Mathematical Programming

Front Matter....Pages i-xxi
Front Matter....Pages 1-1
Managerial Decision Making and Lead Times: The Impact of Cognitive Illusions....Pages 3-14
Queueing Networks Modeling Software for Manufacturing....Pages 15-23
A Review of Decomposition Methods for Open Queueing Networks....Pages 25-42
Front Matter....Pages 43-43
Parsimonious Modeling and Forecasting of Time Series drifted by Autoregressive Noise....Pages 45-51
Forecast of the Traffic and Performance Evaluation of the BMT Container Terminal (Bejaia’s Harbor)....Pages 53-64
A Dynamic Forecasting and Inventory Management Evaluation Approach....Pages 65-78
Performance Evaluation of Process Strategies Focussing on Lead Time Reduction Illustrated with an Existing Polymer Supply Chain....Pages 79-90
A Framework for Economic and Environmental Sustainability and Resilience of Supply Chains....Pages 91-104
An Integrative Approach To Inventory Control....Pages 105-118
Rapid Modeling of Express Line Systems for Improving Waiting Processes....Pages 119-129
Integrating Kanban Control with Advance Demand Information: Insights from an Analytical Model....Pages 131-141
Rapid Modelling in Manufacturing System Design Using Domain Specific Simulators....Pages 143-154
The Best of Both Worlds - Integrated Application of Analytic Methods and Simulation in Supply Chain Management....Pages 155-162
Rapid Modeling In A Lean Context....Pages 163-173
Front Matter....Pages 175-175
The Impact of Lean Management on Business Level Performance and Competitiveness....Pages 177-198
Reducing Service Process Lead-Time Through Inter-Organisational Process Coordination....Pages 199-207
Is There a Relationship Between VC Firm Business Process Flow Management and Investment Decisions?....Pages 209-220
What Causes Prolonged Lead-Times in Courts of Law?....Pages 221-231
Logistics Clusters - How Regional Value Chains Speed Up Global Supply Chains....Pages 233-245
Front Matter....Pages 247-247
Measuring the Effects of Improvements in Operations Management....Pages 249-264
Front Matter....Pages 247-247
Managing Demand Through the Enablers of Flexibility: The Impact of Forecasting and Process Flow Management....Pages 265-276
Threats of Sourcing Locally Without a Strategic Approach: Impacts on Lead Time Performances....Pages 277-292
Improving Lead Times Through Collaboration With Supply Chain Partners: Evidence From Australian Manufacturing Firms....Pages 293-305
Back Matter....Pages 307-309