- Subject index
This text provides informative, short introductions to the core concepts of Operations Management. This text contains more than 50 concept entries and is fully cross-referenced.An outstanding reference for Operations Management students at all levels.
Scheduling in Context
Planning for operations is a context-dependent problem. Industries which are capital intensive need to assess their investment needs a long time in advance, as financing, building, and launching facilities into production can take up to several years. The oil industry, for example, cannot open a new oil well overnight. Installation of new capacity requires an initial exploration phase, the building of facilities, and the installation of an adequate logistics network (e.g. a pipeline). This will require a minimum of five years from the start to achieving commercial ...