Parts are commonly used in making, repairing or maintaining consumer or industry products. Parts could be purchased or manufactured by a business enterprise. Advance models were applied to parts operations for manufacturers of transport refrigeration equipment and high-pressure positive displacement plunger pumps. Both companies have an established network of dealers for sales and service of equipment and parts. A number of areas in the parts business operation were researched which show the potential for improved operational efficiency and customer service that increase market share when advanced process models were used to integrate the supply chain. This book covers the subject of parts management through: (1) an introduction to areas of parts business operation with potential for substantial improvements and overview of various models proposed in Chapter 1; (2) quantitative effects on customer service level of inventory miscount and lead time variability and methods to reduce these factors in Chapter 2; (3) optimal division of items based on economics within a two-level distribution system; which items should be serviced through dealers and which items directly by the company to end-customers in Chapters; (4) optimal ordering procedures for a multi-item common supplier system with either constant or random demand rates for various items in Chapter 4; Vll viii Parts Management Models and Applications (5) attribute based classification scheme to promote standardization of design and manufacturing techniques for expediting product development and control design proliferation in Chapters 5 and 6; (6) knowledge base management to enhance manufacturing operations effectiveness in Chapter 7;

Parts are commonly used in making, repairing or maintaining consumer or industry products. Parts could be purchased or manufactured by a business enterprise. Advance models were applied to parts operations for manufacturers of transport refrigeration equipment and high-pressure positive displacement plunger pumps. Both companies have an established network of dealers for sales and service of equipment and parts. A number of areas in the parts business operation were researched which show the potential for improved operational efficiency and customer service that increase market share when advanced process models were used to integrate the supply chain. This book covers the subject of parts management through: (1) an introduction to areas of parts business operation with potential for substantial improvements and overview of various models proposed in Chapter 1; (2) quantitative effects on customer service level of inventory miscount and lead time variability and methods to reduce these factors in Chapter 2; (3) optimal division of items based on economics within a two-level distribution system; which items should be serviced through dealers and which items directly by the company to end-customers in Chapters; (4) optimal ordering procedures for a multi-item common supplier system with either constant or random demand rates for various items in Chapter 4; Vll viii Parts Management Models and Applications (5) attribute based classification scheme to promote standardization of design and manufacturing techniques for expediting product development and control design proliferation in Chapters 5 and 6; (6) knowledge base management to enhance manufacturing operations effectiveness in Chapter 7;

The aim of this book is to provide a better understanding with as to how to coordinate and improve decisions about product life cycle, process and supply chain design to improve new product development. The conclusions are based upon original research of supply chain management and new product development in numerous industries.

The challenge of managing a business enterprise today is to ensure that it can remain efficient and competitive in a dynamic marketplace characterized by high competition, unstable demands, heterogeneous market segments, and short product life cycles. Increasing the pace of new product introduction enables dealing with shorter product lives. To sustain competitiveness, a firm has to be innovative as well as quick to respond to the changing customer needs in order to provide better and faster products to market than competitors. New product development (NPD) is considered as a process of learning. Successful NPD projects typically rely on knowledge and experience of multi-function teams. In addition to corporate strategy and organization learning, the external factors such as, market and competitive conditions also play a big role in driving business strategies. The results from the empirical research study reported shows that companies implementing innovation strategy are more competitive in the long run while those that follow customer-responsive strategy are more likely to have higher return on investment within a shorter time. In order to achieve both sustainable competencies and also meet customer needs in the changing market environment today, a company should adapt to the benefits of both strategies.

One of the major goals of side bias is to understand the relationship between the functioning of the brain and a person's behaviour. Often at times it becomes difficult or unethical to directly study the nervous system during a behaviour and therefore indirect methods are used instead. This book has many facets, many explanations, many techniques and many unanswered questions and scope for future research. This book intends to address each of these issues so that a comprehensive reading of the subject matter is made available to academicians, researchers, and other interested in this issue.