Showing papers on "Business analytics published in 1981"

Simulation in business planning and decision making

Abstract: s of contents JAMES F. COX FRED P. ADAMS Manufacturing Resource Planning: an Integrated Decision Support System A manufacturing resource planning system provides a vertically and horizontally integrated set of plans for each level of management and for each of the supporting areas of the organization. Computer simulations are used to generate these coordinated plans. Thus a total system model is available for simulating alternative actions and evaluating the effects of each strategy on the business enterprise. The input requirements, benefits, and problems associated with such a planning and control system are also discussed. V. ARUMUGAM S. RAMANI Comparison of Simple Loading Rules in a ReaZ-WorZd Job Shop A case study of a job shop in the engineering industry that manufactures 19 types of products against orders is described. The objective was to evaluate any two proposed new loading rules based on the monetary value of the orders. A review of past studies of job-shop scheduling shows that rules of this type have not been analyzed. To carry out the investigations, a simulation model using GPSS was developed. The model is described and the results of the simulation study are summarized. KAMBIZ E. MAANI Analysis of Production Facilities-a Network Simulation Approach The existing analytic and heuristic techniques for the assembly-line problem are generally limited in scope and applicability. The restricted and often unrealistic assumptions of these procedures handicap them as a practical tool for modern manufacturing problems. This article presents a comprehensive model for the design and analysis of production-line facilities. The Generalized Network Simulator (GNS), a networkbased simulation model, integrates the handling of time, queue, resource, and cost characteristics of realistic situations in a single package and offers a &dquo;total system&dquo; tool for systems analysis and research. A companion Assembly Line Information System (ALIS) facilitates both the construction of the data base through interactive data input entry and the specification of desired statistical outputs. An example illustrates the application of the model in a fictitious manufacturing environment involving the cost and resource features of the GNS/ALIS programs.

The On-Line Literature Search in Business Writing Class.

Abstract: cussing the importance of spelling and punctuation, I hand out a sheet of quotes and headlines called &dquo;How’s That Again?&dquo; borrowed from Reader’s Digest. Quotes such as &dquo;FOR THE LARGE FAMILY -Five-bedroom, two-stork home now available&dquo; point out the fact that one misspelled word can alter the entire meaning of a sentence. Also, headlines like &dquo;DEMOCRATS BEGIN STRUGGLE TO SURVIVE FIGHT AND WIN&dquo; show that a sentence can be punctuated (or left unpunctuated) to change its meaning. These illustrations also help students to become more accurate readers.