This is the first book in the field that uses the power of the basic models and principles to provide students and managers with an 'intuitive understanding' of operations management. The book touches on nine fundamental models and principles, and outlines the key insights behind each one. Some...

"This book addresses production and inventory management problems where products can be replaced by specified substitutes. Depending on the considered application, substitutions can potentially improve the service level, reduce required safety stocks and total setup costs and times, utilize cost...