Advances in Business, Operations, and Product Analytics Cutting Edge Cases from Finance to Manufacturing to Healthcare

by Drake, Matthew J.

• ISBN13: 9780133963700
• ISBN10: 0133963705
• Edition: 1st
• Format: Hardcover
• Copyright: 2015-09-04
• Publisher: Pearson FT Press

Summary

If you're seeking to master business analytics, case studies offer invaluable help: they expose you to the entire decision-making process, helping you practice an active role in both performing analysis and using its output to recommend optimal decisions. Now, drawing on his extensive teaching and consulting experience, Prof. Matthew Drake has created the ideal new casebook for all analytics students and practitioners.

 

Drake, author of the widely-praised Applied Business Analytics Casebook, now presents a collection of up-to-date cases that are longer and more detailed than those typically presented in undergraduate texts, but concise and focused enough to be taught in a single classroom session. Organized by analytical technique, Advances in Business, Operations, and Product Analytics covers:

• Descriptive analytics: descriptive statistics, sampling/inferential statistics, statistical quality control, and probability
• Predictive analytics: forecasting, demand managing, data and text mining
• Prescriptive analytics: optimization-based modeling, simulation-based modeling, decision analysis, and multi-criteria decision making
• Industry-specific analytics: HR and managerial analytics, financial analytics, and healthcare/life sciences

In addition to practitioners, this casebook will be especially valuable to students and faculty in undergraduate and masters' courses that cover topics in business analytics, and courses applying analytics to specific industries such as healthcare, or specific business functions such as marketing.

Author Biography

MATTHEW DRAKE (Pittsburgh, PA Area) is Associate Professor of Supply Chain Management in the Palumbo-Donahue School of Business, Duquesne University. There, he teaches quantitatively-focused courses in supply chain management, including graduate and undergraduate courses in forecasting, production planning, and inventory control; and a modeling course that covers optimization, simulation, and game theory. He also teaches global transportation and logistics, providing a detailed treatment of domestic transportation, international logistics, and warehousing operations. He has led a dozen undergraduate and graduate study abroad programs in China, India, Japan, South America, and Europe. Professor Drake has developed four teaching cases that have either won or reached finalist status at the Institute for Operations Research and Management Science (INFORMS) and the Decision Sciences Institute (DSI). He is author of Pearson's The Applied Business Analytics Casebook.

Table of Contents

Preface     xx

Part I: General Business Analytics     1

Chapter 1: VidoCo Demand Forecast Information Sharing     3

Chapter 2: Container Returns at Pasadena Water Solutions     15

Chapter 3: Developing a Business Model to Improve the Energy Sustainability of Existing Buildings     27

Chapter 4: Contracting for LTL Services at Hankey Industries     43

Chapter 5: Optimal Product Bundling at Point and Shoot Camera Shop     61

Chapter 6: Intermodal Routing for an Ocean Container     69

Part II: Analytics in the Service and Utility Industries     75

Chapter 7: Lolly's Restaurant     77

Chapter 8: Strategies for Managing Service Delivery Gaps and Service Recovery     83

Chapter 9: EverClean Energy, Inc.: Wind Energy Versus Natural Gas     95

Chapter 10: Slotting Pharmaceuticals in an Automated Dispensing Cabinet     111

Part III: Analytics in Accounting and Finance     121

Chapter 11: Tax Ramifications of S Corporation Shareholder Termination or Change of Ownership Interest     123

Chapter 12: Charleston Rigging     131

Chapter 13: Equipment Purchase and Replacement Strategy at the Fayette China Company     139

Part IV: Analytics in the Public Sector     145

Chapter 14: Using Regression to Improve Parole Board Decisions     147

Chapter 15: Redesigning Pittsburgh Port Authority's Bus Transit System     153

Part V: Analytics in Management and Ethical Decision Making     165

Chapter 16: The Bloodgate Affair: A Case of Breaking Rules and Breaching Trust?     167

Chapter 17: Trouble on the Thames: Event Disruption, Public Protest, or Public Disorder     191

Index     209