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page i
Operations Management
page ii
page iii
Operations Management
FOURTEENTH EDITION
William J. Stevenson
Saunders College of Business
Rochester Institute of Technology
page iv
OPERATIONS MANAGEMENT
Some ancillaries, including electronic and print components, may not be available
to customers outside the United States.
1 2 3 4 5 6 7 8 9 LWI 24 23 22 21 20
ISBN 978-1260-57571-2
MHID 1-260-57571-3
The internet addresses listed in the text were accurate at the time of publication.
The inclusion of a website does not indicate an endorsement by the authors or
McGraw-Hill Education, and McGraw-Hill Education does not guarantee the
accuracy of the information presented at these sites.
mheducation.com/highered
page v
Benton
Purchasing and Supply Chain Management
Third Edition
Johnson
Purchasing and Supply Management
Sixteenth Edition
Project Management
Brown and Hyer
Managing Projects: A Team-Based Approach
Larson
Project Management: The Managerial Process
Eighth Edition
Management Science
Hillier and Hillier
Introduction to Management Science: A Modeling and Case
Studies Approach with Spreadsheets
Sixth Edition
Business Forecasting
Keating and Wilson
Forecasting and Predictive Analytics
Seventh Edition
Operations Management
Cachon and Terwiesch
Operations Management
Second Edition
Stevenson
Operations Management
Fourteenth Edition
Business Statistics
Bowerman, Drougas, Duckworth, Froelich, Hummel, Moninger, and
Schur
Business Statistics and Analytics in Practice
Ninth Edition
McGuckian
Connect Master: Business Statistics
Business Analytics
Jaggia, Kelly, Lertwachara, and Chen
Business Analytics: Communicating with Numbers
page vi
page vii
Preface
The material in this book is intended as an introduction to the field
of operations management. The topics covered include both
strategic issues and practical applications. Among the topics are
forecasting, product and service design, capacity planning,
management of quality and quality control, inventory management,
scheduling, supply chain management, and project management.
My purpose in revising this book continues to be to provide a
clear presentation of the concepts, tools, and applications of the field
of operations management. Operations management is evolving and
growing, and I have found updating and integrating new material to
be both rewarding and challenging, particularly due to the plethora
of new developments in the field, while facing the practical limits on
the length of the book.
This text offers a comprehensive and flexible amount of content
that can be selected as appropriate for different courses and
formats, including undergraduate, graduate, and executive
education.
This allows instructors to select the chapters, or portions of
chapters, that are most relevant for their purposes. That flexibility
also extends to the choice of relative weighting of the qualitative or
quantitative aspects of the material, and the order in which chapters
are covered, because chapters do not depend on sequence. For
example, some instructors cover project management early, others
cover quality or lean early, and so on.
As in previous editions, there are major pedagogical features
designed to help students learn and understand the material. This
section describes the key features of the book, the chapter
elements, the supplements that are available for teaching the
course, highlights of the fourteenth edition, and suggested
applications for classroom instruction. By providing this support, it is
our hope that instructors and students will have the tools to make
this learning experience a rewarding one.
Acknowledgments
I want to thank the many contributors to this edition. Reviewers and
adopters of the text have provided a “continuously improving”
wealth of ideas and suggestions. It is encouraging to me as an
author. I hope all reviewers and readers will know their suggestions
were valuable, were carefully considered, and are sincerely
appreciated. The list includes post-publication reviewers.
page viii
Walkthrough
Solved Problems
At the end of chapters and chapter supplements, “Solved Problems”
are provided to illustrate problem solving and the core concepts in the
chapter. These have been carefully prepared to help students
understand the steps involved in solving different types of problems.
The Excel logo indicates that a spreadsheet is available on the text’s
website.
Excel Spreadsheet Solutions
Where applicable, the examples and solved problems include screen
shots of a spreadsheet solution.
page x
CHAPTER ELEMENTS
Learning Objectives
Every chapter and supplement lists the learning objectives to achieve
when studying the chapter material. The learning objectives are also
included next to the specific material in the margins of the text.
Chapter Outlines
Every chapter and supplement includes an outline of the topics
covered.
Opening Vignettes
Each chapter opens with an introduction to the important operations
topics covered in the chapter. This enables students to see the
relevance of operations management in order to actively engage in
learning the material.
page xi
page xiv
Operations Strategies
An Operations Strategy section is included at the end of most chapter
These sections discuss how the chapters’ concepts can be applied and
how they impact the operations of a company.
Readings
Readings highlight important real-world applications, provide example
of production/operations issues, and offer further elaboration of the
text material. They also provide a basis for classroom discussion and
generate interest in the subject matter. Many of the end-of-chapter
readings include assignment questions.
page xv
END-OF-CHAPTER RESOURCES
Problem Sets
Each chapter includes a set of problems for assignment. The problem
have been refined over many editions and are intended to be
challenging but doable for students. Short answers to most of the
problems are included in Appendix A so students can check their
understanding and see immediately how they are progressing.
page xv
Operations Tours
These provide a simple “walkthrough” of an operation for students,
describing the company, its product or service, and its process of
managing operations. Companies featured include Wegmans Food
Markets, Morton Salt, Stickley Furniture, and Boeing.
Cases
The text includes short cases. The cases were selected to provide a
broader, more integrated thinking opportunity for students without
taking a full case approach.
page xv
INSTRUCTOR RESOURCES
Available within Connect, instructors have access to teaching suppor
such as electronic files of the ancillary materials: Solutions Manua
Instructor’s Manual, Test Bank, PowerPoint Lecture Slides, Digit
Image Library, and accompanying Excel files.
Test Bank. Updated for the new edition by Leslie Sukup, Ferris Sta
University, and reviewed by Nancy Lambe, University of Sou
Alabama, the Test Bank includes over 2,000 true/false, multiple-choic
and discussion questions/problems at varying levels of difficulty. Th
Test Bank is available to assign within Connect, as Word files availab
in the Instructor Resource Library, and through our online te
generator. Instructors can organize, edit, and customize questions an
answers to rapidly generate tests for paper or online administration.
Digital Image Library. All the figures in the book are included f
insertion in PowerPoint slides or for class discussion.
page xviii
FOR INSTRUCTORS
You’re in the driver’s seat.
Want to build your own course? No problem. Prefer to use our
turnkey, prebuilt course? Easy. Want to make changes throughout
the semester? Sure. And you’ll save time with Connect’s auto-
grading too.
page xix
FOR STUDENTS
Effective, efficient studying.
Connect helps you be more productive with your study time and get
better grades using tools like SmartBook 2.0, which highlights key
concepts and creates a personalized study plan. Connect sets you up
for success, so you walk into class with confidence and walk out with
better grades.
No surprises.
The Connect Calendar and Reports tools keep you on track with the
work you need to get done and your assignment scores. Life gets
busy; Connect tools help you keep learning through it all.
Note to Students
The material in this text is part of the core knowledge in your
education. Consequently, you will derive considerable benefit from
your study of operations management, regardless of your major.
Practically speaking, operations is a course in management.
This book describes principles and concepts of operations
management. You should be aware that many of these principles
and concepts are applicable to other aspects of your professional
and personal life. You can expect the benefits of your study of
operations management to serve you in those other areas as well.
Some students approach this course with apprehension, and
perhaps even some negative feelings. It may be that they have
heard that the course contains a certain amount of quantitative
material that they feel uncomfortable with, or that the subject
matter is dreary, or that the course is about “factory management.”
This is unfortunate, because the subject matter of this book is
interesting and vital for all business students. While it is true that
some of the material is quantitative, numerous examples, solved
problems, and answers at the back of the book help with the
quantitative material. As for “factory management,” there is material
on manufacturing, as well as on services. Manufacturing is
important, and something that you should know about for a number
of reasons. Look around you. Most of the “things” you see were
manufactured: cars, trucks, planes, clothing, shoes, computers,
books, pens and pencils, desks, and cell phones. And these are just
the tip of the iceberg. So it makes sense to know something about
how these things are produced. Beyond all that is the fact that
manufacturing is largely responsible for the high standard of living
people have in industrialized countries.
After reading each chapter or supplement in the text, attending
related classroom lectures, and completing assigned questions and
problems, you should be able to do each of the following:
Note that the answers to many problems are given at the end of
the book. Try to solve each problem before turning to the answer.
Remember—tests don’t come with answers.
And here is one final thought: Homework is on the Highway to
Success, whether it relates to your courses, the workplace, or life!
So do your homework, so you can have a successful journey!
W.J.S.
page xxi
Brief Contents
Preface vii
1 Introduction to Operations Management 2
2 Competitiveness, Strategy, and Productivity 40
3 Forecasting 74
4 Product and Service Design 138
Contents
Preface vii
3 Forecasting 74
Introduction 76
Features Common to All Forecasts 78
Elements of a Good Forecast 78
page xxiii
The Problem
It is strange why so many people fail to sound the “ing” ending
clearly when in reality to do so requires less effort than not to. There
is no better way of describing it than the swallowing of the “g.”
Let us take the word “running” and determine the action of the
tongue in the proper and improper enunciation of the “ing.”
1. Repeat it as “runnin’” and note the position of the tongue tip at
the end of the word. You will find it pressed against the roof of the
mouth just back of the upper front teeth. You will also note that the
vowel sound “i” is changed to “u.”
2. Now repeat “running.” You will discover the mouth is more open,
and the tongue tip just back of the lower front teeth, and the pure
vowel quality of “i” is retained.
Evil Effects
There are three serious effects upon the person who persists in
swallowing his “g’s”:
1. It causes a restricted throat, and consequently a tired one.
2. It causes a stoppage of pure tone, and consequently develops
nasality.
3. It shows a lack of care and culture.
Practice Exercises
Repeat the following exercises with distinctness and precision:
1. Beng, bang, bawng, bahng, bong, boong.
2. Deng, dang, dawng, dahng, dong, doong.
3. Feng, fang, fawng, fahng, fong, foong.
4. Geng, gang, gawng, gahng, gong, goong, (Hard “g” sound.)
5. Heng, hang, hawng, hahng, hong, hoong.
6. Jeng, jang, jawng, jahng, jong, joong.
7. Keng, kang, kawng, kahng, kong, koong.
8. Leng, lang, lawng, lahng, long, loong.
9. Meng, mang, mawng, mahng, mong, moong.
10. Peng, pang, pawng, pahng, pong, poong.
11. Qeng, qang, qawng, qahng, qong, qoong.
12. Reng, rang, rawng, rahng, rong, roong.
13. Seng, sang, sawng, sahng, song, soong.
14. Teng, tang, tawng, tahng, tong, toong.
15. Veng, vang, vawng, vahng, vong, voong.
16. Weng, wang, wawng, wahng, wong, woong.
17. Yeng, yang, yawng, yahng, yong, yoong.
—Abridged.
—Tennyson.
“The noise that twenty or thirty lions can make, deliberately bent
on making it and roaring all at once, is unbelievable. They throw their
heads up and glory in strength of lungs until thunder takes second
place, and the listener knows why not the bravest, not the most
dangerous of beasts has managed to impose the fable of his
grandeur on men’s imagination.”
—Talbot Mundy, in “The Ivory Trail.”
—Kipling.
—Shelley.
—Shakespeare.
He loved his country as no other man has loved her; but no man
deserved less at her hands.
Tell me not in mournful numbers.
I told you so. And you will, will you?
The Hills,
Rock-ribbed, and ancient as the sun; the vales
Stretching in pensive quietness between;
The venerable woods; rivers that move
In majesty, and the complaining brooks,
That make the meadows green; and, poured round all,
Old ocean’s gray and melancholy waste,—
Are but the solemn decorations all
Of the great tomb of man!
...
It is ten o’clock:
Thus may we see how the world wags:
’Tis but an hour ago, since it was nine;
And after an hour more ’twill be eleven;
And so from hour to hour we ripe and ripe,
And then, from hour to hour, we rot and rot,
And thereby hangs a tale.
Our hearts, our hopes, are all with thee,
Our hearts, our hopes, our prayers, our tears,
Our faith triumphant o’er our fears,
Are all with thee,—are all with thee!
—Longfellow.
—Scott.
What constitutes a state?
Not high-raised battlement or labored mound,
Thick wall or moated gate;
Not cities proud with spires and turrets crowned;
Not bays and broad-armed ports,
Where, laughing at the storm, rich navies ride;
Not starred and spangled courts,
Where low-browed baseness wafts perfume to pride.
No: men—high-minded men,
With powers as far above dull brutes endued
In forest, brake, or den,
As beasts excel cold rocks and brambles rude;
Men, who their duties know,
But know their rights, and, knowing, dare maintain.
—Shakespeare.
—Shakespeare.
—Van Dyke.
—Van Dyke.
—Browning.
Oh, to be in England
Now that April’s there,
And whoever wakes in England
Sees, some morning, unawares,
That the lowest boughs and the brush-wood sheaf
Round the elm-tree bole are in tiny leaf,
While the chaffinch sings on the orchard bough
In England—now!
—Browning.
Day!
Faster and more fast,
O’er night’s brim, day boils at last:
Boils, pure gold, o’er the cloud-cup’s brim
Where spurting and suppressed it lay,
For not a froth-flake touched the rim
Of yonder gap in the solid gray
Of the eastern cloud, an hour away;
But forth one wavelet, then another, curled,
Till the whole sunrise, not to be suppressed,
Rose, reddened, and its seething breast
Flickered in bounds, grew gold, then overflowed the world.
—Browning.
—Tennyson.
—Browning.