The Optimization Trap ePub (Adobe DRM) download by Megan Godwin Heath

The Optimization Trap

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Publication date: June 2012
ISBN: 9781456607234
Digital Book format: ePub (Adobe DRM)

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Management is all about trading off choices to achieve the best outcome. Improving operational outcomes typically involves optimization. Optimization is what managers do.

However, sometimes when seeking to optimize, we take actions that, without realizing it, limit both our options and our results. This is the Optimization Trap.

How do you make sure that you don't fall into the optimization trap and, if you do, how do you climb back out? This new book by Phillip Slater shows you how!

Written in an easy to read narrative style, and using inventory management as the example, this book takes the reader through familiar, realistic everyday situations and shows how to apply the principles for avoiding the Optimization Trap.
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