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Vol 26 - No 07 - September 2000

Opportunities in APS - a broader view

Every business is concerned with the need to remain competitive against increasing local, national and international competition...

To be smarter means using available business tools and techniques effectively and innovatively to meet business objectives. There are many mathematical approaches in business theory around at the moment. Many have been applied in certain circumstances; others have not left the laboratory or the business literature. In product design it is normal to use advanced scientific methods and complex modelling tools to develop safe products of optimal performance. In manufacturing we seem to be content to remain as amateurs with pencil, paper and O-Level maths.

Slowly, as we are all getting more computer literate, that is beginning to change and we are starting to realise that mathematics can make as big an impact on business process management as it has on product design in the past...


Page number: Page: 19
Word count: Words: 1400

Related Topics:
Planning and scheduling

 

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