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FIR (Institute for Industrial Management) is an associated research institute at RWTH Aachen, Germany. FIR has three main departments Information Management, Production Management and Service Management. FIR actively contributes to the European and German research communities as well as to the German industry.
The Gesellschaft für Operations Research (GOR) is the professional non-profit society for the scientific field of Operations Research in Germany. [1] The society is a member of the European umbrella organization, the Association of European Operational Research Societies (EURO), and of the International Federation of Operational Research Societies (IFORS).
The European Operations Management Association (EurOMA) is an international network of academics and practitioners from around the world who have a common interest in the continuing development of Operations Management. EurOMA is a European-based network with rapidly growing international links, whereby members can share their ideas, knowledge ...
1956 The German Institute for Economic Research moves into a new building in Koenigin-Luise-Straße. 1960 For the first time, the so-called “Grundlinien der Wirtschaftsentwicklung”, forecasts about current and future trends in Germany, EU and world economy, are published. They are referring to the year of 1961.
Operations management studies both manufacturing and services. Queuing is an analytic method for determining waiting time when customers must wait in line to get service. The length of the queue and waiting time can be calculated based on the arrival rate, service rate, number of servers and type of lines.
Operations management textbooks usually cover demand forecasting, even though it is not strictly speaking an operations problem, because demand is related to some production systems variables. For example, a classic approach in dimensioning safety stocks requires calculating the standard deviation of forecast errors .
Germany is a founding member of the European Union and the eurozone. [26] [27] In 2016, Germany recorded the highest trade surplus in the world, worth $310 billion. [28] This economic result made it the biggest capital exporter globally. [29] Germany is one of the largest exporters globally with $1.81 trillion worth of goods and services ...
2010: INDEVAL: [6] application of operations research and analytics to speedily processing complex securities transactions (led by Omar Romero-Hernandez). [7] [8] 2009: Hewlett-Packard: HP Transforms Product Portfolio Management with Operations Research [9] [10] 2008: Netherlands Railways: The New Dutch Timetable—the OR Revolution [11]