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The book does what it says on the label, teaching how to match supply with demand through analyzing process bottlenecks, queuing, lost customers, optimal inventory and yield management and supply chain management issues, such as the bullwhip effect and tackling double marginalization. Matching supply with demand by cachon and terwiesch is the most authoritative, cuttingedge book for operations management mbas. An introduction to operations management 3rd edition by christian terwiesch et al at over 30 bookstores. An introduction to operations management mcgraw hill, 2011 by gerard cachon and christian terwiesch, the wharton school, university of pennsylvania. There are many practical situations that reasonably conform to those assumptions, but the traditional newsvendor model also assumes a fixed salvage value. The book demands rigorous analysis on the part of students without requiring consistent use of sophisticated mathematical modeling to perform it.
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