Module 5: Role of Models in Production Management


MODELS FOR DECISION MAKING

Based on STRUCTURE
ICONIC Scaled up or scaled down versions of reality
( e.g. templates in layout design)
ANALOGUE Substitution of one property of interest by another
( e.g. Mechanical & Electrical analogues)
SYMBOLIC Using Mathematical symbols to establish relations
e.g. LP, Queuing, Inventory

 

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Prof.S.G.Deshmukh & Prof.Arun Kanda