Operations Management

For undergraduate and graduate Operations Management coursesCreating value through Operations Management.Operations Management provides students with a comprehensive framework for addressing operational process and supply chain issues. This text uses a systemized approach while focusing on issues of current interest.The latest edition of this text has been revised to integrate a supply chain orientation. * Because currency is critical in the ever-changing field of health, data and overall topic coverage are fully updated with modern figures and discussions, including changes in medical care prices, new technologies, and drug trials. * A new lifestyle theme discusses how individual choices affect everyday health and the health care system at large. A heavily revised and expanded Chapter 2, Utility and Health, introduces this theme and discusses alcohol consumption, obesity, and tobacco use. Later chapters discuss insurance plan design, new technologies, and cost-benefit analyses of people’s health care choices. * A new discussion of how medical care affects health is included in Chapter 3. Examples include advanced surgeries and drug trials. * New coverage on the equilibrium cost pass-through is included in Chapter 7. The presentation of Dranove and Satterthwaite’s model explains the effects of quantity and quality on supply and demand. * New material on managed care as well as important tools for expenditure control in managed care costs is included in Chapter 11. * The regulation discussion (Chapter 15) is revised and streamlined, focusing less on price control regulation and instead emphasizing insurance plans, new technologies, and cost-benefit analyses of individuals’ choices. * Global health care is integrated throughout. International comparative studies provide insight into how other countries, especially in Asia, deal with health care issues. Discussions of how the U.S. might use this data to change the American health care system follow. * End-of-chapter problems are reordered and expanded. Quantitative problems now appear at the beginning of the problem set, and are sorted by level of difficulty from lowest to highest. Discussion questions follow, making it easier to assign homework tailored to each instructor’s approach.