MBA students are taught to use the expected monetary value (EMV) to evaluate risky opportunities. The reaction of individuals to risk, however, is far more complex. In fact, individuals are rarely found to be consistently risk neutral, risk averse, or risk seeking. They can be all these things, depending on whether the probabilities are small or large or the outcomes are gains or losses. The purpo
This is a technical note that describes the history of Lean and explains why it is not just a manufacturing tool. It is used in Darden's "Management of Service Operations" course elective.
The purpose of this document is to describe each step in the development of a model for the case "A Late Night at The Virginian Restaurant" (UVA-OM-1551).
This technical note presents various working capital ratios from 2012 through 2015 by industry and for some well-known companies.
This technical note provides an overview of Financial Management. It is intended as a note to accompany the opening session of case-based course in corporate finance or financial management, as a way of orienting students as to what they should expect and not expect from such a course.
The purpose of this note is threefold. First to provide a short historical background to the development of the notions of universal mind and related concepts in Aikido and Ki Aikido. Second, to provide an even briefer critique of certain efforts to apply ideas from Aikido and Ki Aikido to issues concerning everyday life, management, and leadership. And third, to examine a set of critical concepts
Tutorial and tech note combined to introduce students to model building and outputs in AnyLogic.
The purpose of this document is to describe each step in the development of a model for the exercise "Congestion in Caf? 67." The system itself is described in Appendix 1. A short and simple description of the model's objects is included in Appendix 2.
The note provides documentation of a process simulation model that was prepared to simulate the invoicing work of 16 accounts payable analysts described in the case "Accounts Payable at Rockwell Collins" written by Professor Philip C. Jones, Tippie College of Business, University of Iowa.
This technical note introduces students to fundamental concepts in process analysis and is appropriate for both undergraduate and MBA students in an introductory operations management course. It can be used as a stand-alone text for a lecture-based course or supplement for a case-based course. Concepts are broken out by section so that readings can be partitioned by class topic. Definitions of key
Although most people are consumers of social media, few understand how to leverage it to build a brand—whether it is their own brand or a firm's brand. Just as Wal-Mart customers are not experts at marketing the retailer, consumers of social media are not yet skilled at utilizing it from a business-building perspective.
This note is designed to help you think about social media from a brand mana