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QEM: Management Science. Introduction. Preliminary Program. Decision Levels. Strategic issues: long run, top management, poor data, highly stochastic (e.g. which markets, location, etc.)
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QEM: Management Science Introduction
Preliminary Program QEM - Chapter 1
Decision Levels Strategic issues: long run, top management, poor data, highly stochastic (e.g. which markets, location, etc.) Tactical issues: medium run, intermediate management, better data, less stochastic (e.g. configuration, capacity expansion, …) Operational issues: short run, lower management, detailed data available, little stochastics (e.g. production progran, MRP, lotsizing, scheduling, …) QEM - Chapter 1