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    Management Science

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    Revenlie Galapin
    This document discusses several quantitative analysis and management science techniques applicable to complex problems at the organizational level, including forecasting, probability, economic order quantity, decision trees, linear programming, PERT/CPM, scheduling, and research processes. It provides examples of each technique and notes they may be used to define problems, develop and select solutions, analyze results, and evaluate decisions. The document also contrasts problem solving and decision making, noting the latter is part of the former. Finally, it defines supply chain management and illustrates domestic and ASEAN supply chain examples.

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    Management Science

    Uploaded by

    Revenlie Galapin
    86 views3 pages
    This document discusses several quantitative analysis and management science techniques applicable to complex problems at the organizational level, including forecasting, probability, economic order quantity, decision trees, linear programming, PERT/CPM, scheduling, and research processes. It provides examples of each technique and notes they may be used to define problems, develop and select solutions, analyze results, and evaluate decisions. The document also contrasts problem solving and decision making, noting the latter is part of the former. Finally, it defines supply chain management and illustrates domestic and ASEAN supply chain examples.

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    This document discusses several quantitative analysis and management science techniques applicable to complex problems at the organizational level, including forecasting, probability, economic order quantity, decision trees, linear programming, PERT/CPM, scheduling, and research processes. It provides examples of each technique and notes they may be used to define problems, develop and select solutions, analyze results, and evaluate decisions. The document also contrasts problem solving and decision making, noting the latter is part of the former. Finally, it defines supply chain management and illustrates domestic and ASEAN supply chain examples.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    86 views3 pages

    Management Science

    Uploaded by

    Revenlie Galapin
    This document discusses several quantitative analysis and management science techniques applicable to complex problems at the organizational level, including forecasting, probability, economic order quantity, decision trees, linear programming, PERT/CPM, scheduling, and research processes. It provides examples of each technique and notes they may be used to define problems, develop and select solutions, analyze results, and evaluate decisions. The document also contrasts problem solving and decision making, noting the latter is part of the former. Finally, it defines supply chain management and illustrates domestic and ASEAN supply chain examples.

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    Management Science/Quanti

    As a Manager:
    Complex Problems

    A. Illustrate MS/QA B. Applicable/Not Applicable C. At least 5 QA/MS D. Org Level/ Nature of Problem/
    Nature of Decision Making
    1. Define Problem 1. Complex 1. Forecasting – 60 periods; past
    actual data (time series, MAD
    MSE, MAPE)
    2. Develop Model – Break even, 2. Many Variable 2. Probability -
    linear programming
    3. Acquire Input Data 3. Data 3. EOQ – Economic Order
    Quantity; Inventory (reorder
    point)
    4. Develop Solution 4. Possible Alternatives 4. Decision Tree – maximin;
    maximax
    5. Select & Test Solution 5. Quantitative Terms 5. Linear Programming –
    transportation; assignment
    6. Analyze the Result 6. Workable Models 6. PERT – CPM (slack time; critical
    points)
    7. Implement 7. Scheduling – Gantt Chart,
    Queing, Project Mgt.
    8. Evaluate NOT Applicable
    1. Limited Solution
    2. Experience
    3. Does not represent real world
    4. No MS/QA Solution

    Problem Solving Vs. Decision Making

    - Decision Making is part of Problem Solving


    Research
    Good research:
    -- U.P. center of Research Timely
    Valid Today
    Illustrate the Research Process Present a clear research problem
    Factors that affect Research’s Quality Who will benefit
    Formulate a Research Done systematically
    Methods utilized
    Research Process: No shortcut in data analysis
    1. Conceptualization of Research Problem Accuracy – solution to the problem
    2. Choose Research Method – Quantitative, Qualitative Completeness – all parts are presented
    3. Identify Research Population and Sample – target (not necessarily No foreign words
    100%) Free from error – reviewed many times
    4. Collection of Data – honesty, ethics, NOT ALL Academically done with ethics and no plagiarism
    5. Processing of Data Collected – hire statistician Proper citation
    6. Analyzing of Data & discussion
    7. Research Presentation – SHARE TO OTHERS (most important)

    Formulate Research
    Title
    Abstract – not more than 200 words
    Table of Contents
    Acknowledgement
    I. Introduction
    II. Review on related lit
    III. Methodology
    IV. Analysis and Discussion
    V. Conclusion
    VI. Appendix/Bibliography

    -- DISCUSS WHAT WILL BE INSIDE EACH’S STEP


    Operations Management

    Supply Chain Management


    -- definition

    Supplier – Storage – Manufacturing – Storage – Distributor – Retailer – Customers

    NO ASEAN
    Raw Materials –

    FEEDS ---- feed storage ----PIGS – Display –Wholesaler – Market/retailer – end customer

    WITH ASEAN
    -------------- choice cuts – retailer will directly buy choie cuts

    With asean – farmers will have no living.

    * actions of other countries

    Kaizen – continuous improvement


    Kai – change
    Zen - good

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