Manufacturing and Service Enterprise with Risks [electronic resource] : A Stochastic Management Approach / by Masayuki Matsui.

Management in the Age of Risk -- Stochastic Management Approach -- Risk Chains and Balancing -- Stochastic Management Model -- Management Cycle Model -- Limit-Cycle Model -- Management with Sales Risk -- Service Versus Manufacturing Model -- Stream Risk Processes -- Continuous Risk Stream -- Line Design with Stoppers -- Point-Wise Risk Processes -- Dynamic Type Strategy -- Flexible Risk Processes -- Flexible Cell System -- FAS with Generalized CSPSs -- Job/Customers Routing -- FMS/FAS and Optimal Routing -- Ellipse Management with Risks -- Assembly Enterprise -- Mixed Line Design with Look-Ahead -- NonAssembly Type -- Flexible Enterprise and Ellipse Strategy -- Demand and Supply Risk Chain -- 2MGM Chains and Balancing -- Make-or-Buy and Retail SCMs -- Manufacturing SCM -- Toyota Versus Dell Strategy -- Emerging Challenge -- Pair-Strategic Map Issues -- Summary and Remarks -- Stochastic Management Approach.

This book presents a stochastic management approach for manufacturing and service enterprises with risks by a game/strategic view in order to show the goal and constraints on these enterprises and to provide a strategic/collaborative solution for management with risks in heterogeneity. The book focuses on the three manufacturing classes - continuous, point-wise and flexible stream types - under risks. These streams are first studied using the respective stochastic processes and are characterized and developed as a queueing/strategic control problem of look-ahead/buffer, selection/switchover, and arrangement/routings. Behaviors of some design/control variables are shown, and useful theories for design are established. Divided into seven sections, the book first looks at the strategic enterprise system and management under risk and then considers the Stochastic Management Model; Stream Risk Processes; Flexible Risk Processes; Ellipse Management with Risk Demand and Supply Risk Chain; and Emerging Challenge, which looks toward further management and strategy development under risks. A wide variety of manufacturing and service systems are considered, including job shops, assembly lines, flexible manufacturing and service systems, supply chains, and the interaction between production and sales. Students, researchers, consultants, practicing engineers and managers who design, develop, or assess production or service enterprises will find much to appreciate here.