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Operations Management Service Learning Case Study: Using Optimization to Increase the Effectiveness of the SIFE Student Care Package Program
Advances in Business Research
View Archive Info| Field | Value | |
| Title |
Operations Management Service Learning Case Study: Using Optimization to Increase the Effectiveness of the SIFE Student Care Package Program
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| Creator |
Tiger, Andrew; Union University
Parker, Matthew; Union University |
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| Subject |
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| Description |
The Student Care Package program is a fundraising project conducted by a local chapter of Students in Free Enterprise (SIFE) at a private university in the southern United States. The most arduous aspect of the program is determining which products to purchase to meet demand requirements, while minimizing purchasing costs. To reduce the amount of time and effort, and to develop a sustainable process, SIFE students utilized computer optimization software. Incorporation of the Microsoft Excel add-in What’sBest! by LINDO Systems enabled students to reduce the time spent calculating materials and develop more efficient purchasing plans. Optimization is initially presented to students in a sophomore quantitative methods business course. Through optimization software, SIFE members are able to achieve higher levels of efficiency, sustainability, and profitability for the Student Care Package program.
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| Publisher |
Tarleton State University and the University of Arkansas - Fort Smith
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| Contributor |
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| Date |
2011-12-31
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Articles — |
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| Format |
application/pdf
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| Identifier |
http://journals.sfu.ca/abr/index.php/abr/article/view/59
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| Source |
Advances in Business Research; Vol 2, No 1 (2011); 156-162
2641-5208 2153-6511 |
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| Language |
eng
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| Relation |
http://journals.sfu.ca/abr/index.php/abr/article/view/59/41
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| Rights |
Authors who publish with this journal agree to the following terms:Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
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