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Selected Case

published: 29 Mar 2017

The case shows how concepts from operations management can be applied to a service setting (as opposed to manufacturing). With private equity as the setting, it aims to help students understand how to use systematic process and queuing analysis to design a professional service operation.

Pedagogical Objectives:
1. Systematic process analysis 2. The role of uncertainty in creating non-value-added time 3. The trade-off between efficiency and ability to attenuate the ill-effects of uncertainty by creating slack—(hence high utilization may sometimes lead to suboptimal outcomes). 4. Systematic sensitivity analysis for strategic planning.

Management of Professional Services, Queuing Analysis, Service Operations, Private Equity, Process Analysis, Workflow Analysis, Staffing