The strategic administration of production processes and personnel to maximize output, minimize errors and continually enhance product quality come under the general banner of "operations management." ...

Technology progression within advanced process control (APC) continues to evolve; however, it is the relationship among core APC developments, enabling technologies, and management practices that is ...

There are many reasons technology has become an intrinsic foundation for running every industrial operation. Rather than listing all the technology benefits and rationale, there is a basic principle ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The majority of recent empirical papers in operations management (OM) employ observational data to investigate the causal effects of a treatment, such as program or policy adoption. However, as ...

Project selection takes place in every type of business or organization. Project managers decide which proposed projects to take on and develop and which ones to set aside or discard based on a ...