Matching Items (4)
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- All Subjects: Operations Research
- All Subjects: economic development
- Creators: Industrial, Systems
Description
Billions of people around the world deal with the struggles of poverty every day. Consequently, a number of others have committed themselves to help alleviate poverty. Many various methods are used, and a current consensus on the best method to alleviate poverty is lacking. Generally the methods used or researched exist somewhere on the spectrum between top-down and bottom-up approaches to fighting poverty. This paper analyzes a specific method proposed by C.K. Prahalad known as the Bottom of the Pyramid solution. The premise of the method is that large multinational corporations should utilize the large conglomerate of money that exists amongst poor people \u2014 created due to the sheer number of poor people \u2014 for business ventures. Concurrently, the poor people can benefit from the company's entrance. This method has received acclaim theoretically, but still needs empirical evidence to prove its practicality. This paper compares this approach with other approaches, considers international development data trends, and analyzes case studies of actual attempts that provide insight into the approach's potential for success. The market of poor people at the bottom of the pyramid is extremely segmented which makes it very difficult for large companies to financially prosper. It is even harder to establish mutual benefit between the large corporation and the poor. It has been found that although aspects of the bottom of the pyramid method hold merit, higher potential for alleviating poverty exists when small companies venture into this space rather than large multinational corporations. Small companies can conform to a single community and niche economy to prosper \u2014 a flexibility that large companies lack. Moving forward, analyzing the actual attempts provides the best and only empirical insights; hence, it will be important to consider more approaches into developing economies as they materialize.
ContributorsSanchez, Derek Javier (Author) / Henderson, Mark (Thesis director) / Shunk, Dan (Committee member) / Industrial, Systems (Contributor) / Economics Program in CLAS (Contributor) / Barrett, The Honors College (Contributor)
Created2016-05
Description
The current Enterprise Requirements and Acquisition Model (ERAM), a discrete event simulation of the major tasks and decisions within the DoD acquisition system, identifies several what-if intervention strategies to improve program completion time. However, processes that contribute to the program acquisition completion time were not explicitly identified in the simulation study. This research seeks to determine the acquisition processes that contribute significantly to total simulated program time in the acquisition system for all programs reaching Milestone C. Specifically, this research examines the effect of increased scope management, technology maturity, and decreased variation and mean process times in post-Design Readiness Review contractor activities by performing additional simulation analyses. Potential policies are formulated from the results to further improve program acquisition completion time.
ContributorsWorger, Danielle Marie (Author) / Wu, Teresa (Thesis director) / Shunk, Dan (Committee member) / Wirthlin, J. Robert (Committee member) / Industrial, Systems (Contributor) / Barrett, The Honors College (Contributor)
Created2013-05
Description
The efficient refurbishment of rotable parts on an aircraft proves to be a main concern for airline carriers today. Airlines must be able to seamlessly rotate parts into and out of the system for maintenance in accordance with FAA requirements while leaving daily operations uninterrupted. In this paper, we develop an airline maintenance scheduling model that constructs an optimal schedule for part maintenance over a given time horizon using deterministic forecasting techniques. The model generates a schedule that minimizes the total cost of a maintenance schedule solution while maximizing the utility of all parts in the system. The model is then tested against actual network data of three part types crucial to airline operations and used to investigate the current data collection processes of US Airways maintenance lead time metrics. Manual sensitivity analysis is performed to generate the marginal value of each parameter and potential model extensions are highlighted as a result of these conclusions.
ContributorsDunham, Nicole Elizabeth (Author) / Gel, Esma (Thesis director) / Jacobs, Timothy (Committee member) / Clough, Michael (Committee member) / Industrial, Systems (Contributor) / Barrett, The Honors College (Contributor)
Created2013-12
Description
In recent years, Operations Research (OR) has had a signicant impact on improving the performance of hospital Emergency Departments (EDs). This includes improving a wide range of processes involving patient ow from the initial call to the ED through disposition, discharge home, or admission to the hospital. We mainly seek to illustrate the benet of OR in EDs, and provide an overview of research performed in this vein to assist both researchers and practitioners. We also elaborate on possibilities for future researchers by shedding light on some less studied aspects that can have valuable impacts on practice.
ContributorsAustin, Garrett Alexander (Author) / Saghafian, Soroush (Thesis director) / Gel, Esma (Committee member) / Traub, Stephen (Committee member) / Industrial, Systems (Contributor) / Barrett, The Honors College (Contributor)
Created2013-12