Business Process Analytics

£89.99

Business Process Analytics

Modeling, Simulation and Design

Product design Production and quality control management Discrete mathematics Probability and statistics Applied mathematics Engineering: general

Authors: Manuel Laguna, Johan Marklund

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Collection: Textbooks in Mathematics

Language: English

Published by: Chapman and Hall/CRC

Published on: 31st January 2025

Format: LCP-protected ePub

ISBN: 9781040120798


Introduction

The fourth edition of this widely used textbook offers a new perspective. Previously titled Business Process Modeling, Simulation and Design, as the new title suggests, this book is about analytical business process modeling and design. However, this new edition introduces analytics to the title and to the presentation.

Objective

The main objective of this book is to provide students with a comprehensive understanding of the multitude of analytical tools that can be used to model, analyze, understand, and ultimately design business processes.

Tools and Approaches

The most flexible and powerful of these tools, although not always the most appropriate, is discrete-event simulation. The wide range of approaches covered in this book include graphical flowcharting tools, deterministic models for cycle time analysis and capacity decisions, and analytical queuing methods, as well as machine learning.

Focus and Software

The authors focus on business processes as opposed to just manufacturing processes or general operations management problems and emphasize on simulation modeling using state-of-the-art commercial simulation software.

Book Description

Business Process Analytics: Modeling, Simulation, and Design can be thought of as a hybrid between traditional books on process management, operations management, and simulation. The growing interest in simulation-based tools suggests that an understanding of simulation modeling, its potential as well as its limitations for analyzing and designing processes, is of key importance to students looking for a future career in operations management.

Changes from the Previous Edition

  • New section on data-driven process improvement (with data visualization)
  • Added a subsection of control charts to the 6-sigma section
  • Replaced business process reengineering with business process management
  • Updated all text, figures, examples, and exercises to ExtendSim10 (current version)
  • More coverage on design of experiments
  • More coverage of machine learning and neural networks

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