Optimization Theory
The study of finding the best solution from a set of feasible solutions.
The study of finding the best solution from a set of feasible solutions.
The mathematical study of waiting lines or queues.
A principle in lean management aimed at reducing non-value-added activities to improve efficiency.
A Lean methodology concept identifying seven types of waste in processes to improve efficiency.
A Japanese word meaning any activity in a process that consumes resources without adding value.
Short for Product Operations, a function that supports product management teams by streamlining processes, managing tools, and ensuring efficient operations.
The process of defining and creating algorithms to solve problems and perform tasks efficiently.
A digital replica of a physical entity, used to simulate, analyze, and optimize real-world operations.
The orchestration and optimization of design operations to improve efficiency, quality, and impact of the design function within an organization.