Business Commons^™

Evaluating Process Improvement Courses Of Action Through Modeling And Simulation, Joseph R. Owens

Theses and Dissertations

Quantifying an expected improvement when considering moderate-complexity changes to a process is time consuming and has potential to overlook stochastic effects. By modeling a process as a Numerical Design Structure Matrix (NDSM), simulating the proposed changes, and evaluating performance, quantification can be rapidly accomplished to understand stochastic effects. This thesis explores a method to evaluate complex process changes within Six Sigma DMAIC process improvement to identify the most desirable outcome amongst several improvement options. A tool to perform the modeling and evaluation is developed. This process evaluation tool is verified for functionality, then is demonstrated against generic processes, a case …

Strategic Nurse Allocation Policies Under Dynamic Patient Demand, Osman Tuncay Aydas

Theses and Dissertations

ABSTRACT

STRATEGIC NURSE ALLOCATION POLICIES UNDER DYNAMIC PATIENT DEMAND

by Osman T. Aydas

The University of Wisconsin-Milwaukee, 2017

Under the Supervision of Professor Anthony D. Ross

Several studies have shown a strong association between nurse staffing and patient outcomes. When a nursing unit is chronically short-staffed, nurses must maintain an intense pace to ensure that patients receive timely care. Over time this can result in nurse burnout, as well as dissatisfied patients and even medical errors. Improved accuracy in the allocation of nursing staff can mitigate these operational risks and improve patient outcomes. Nursing care is identified as the single …

Facility Location Decision For Global Entrepreneurial Small-To-Medium Enterprises Using Similarity Coefficient-Based Clustering Algorithms, Suhail H. Serbaya

Theses and Dissertations

Decisions on location selection are critical for the survival of small-to-medium entrepreneurial organizations from the time they are established until later stages of operation and expansion. The selection of location for small and medium entrepreneurial businesses requires a selection strategy that incorporates relevant factors, quantifies these factors and develops a methodology that analyzes data for better decision-making. In the era of globalization where borders have become easier to transcend, many small ventures tend to choose more attractive international markets as a potential location for their operations where they can obtain higher returns on their investment. Thus, significant changes in the …

2018 Military Retirement Options: An Expected Net Present Value Decision Analysis Model, Bret N. Witham

Theses and Dissertations

The 2016 NDAA authorized changes to the military retirement system transitioning from the legacy High-3 defined benefit annuity to the new Blended Retirement System (BRS). In exchange for a reduced defined benefit annuity, the BRS incorporates automatic and matching contributions to the member’s Thrift Savings Plan and a continuation payment offered at 12 years of service. In 2018,service members with less than 12 years of service will make an irrevocable decision between the two retirement systems. This research effort addresses the problem by developing a decision analysis model incorporating up to 27 different input variables. Service members can use the …