Applications Of Operations Management In Emerging Technologies
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Applications Of Operations Management In Emerging Technologies
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Author : Mohammad Ebrahim Arbabian
language : en
Publisher:
Release Date : 2019
Applications Of Operations Management In Emerging Technologies written by Mohammad Ebrahim Arbabian and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with categories.
The question of how to match supply and demand, in a supply chain, is crucial because it significantly affects the supply chain's cost management. Therefore, to adopt new technologies, supply chain owners should update their matching supply-demand policies. A common objective of my dissertation is to analyze and develop game-theoretic and stochastic models to propose new policies for supply chains whose supply or demand is influenced by emerging technologies. In particular, in the third chapter, after the introduction and literature review in the first two chapters, with a specific focus on cloud industry, we study markets in which one unit of supply increases the capacity of multiple attributes simultaneously. Working within this type of market can be problematic: since the ratio of the capacities of the attributes in one unit of supply differs from the attributes' demand ratio, balancing supply and demand is challenging and requires new policies. In the fourth chapter, we specifically focus on 3D printing, and investigate how it affects supply chains responsiveness to demand. Due to the unique features of 3D printing technology, 3D printers can be installed in a retail store in order for the retailer to produce a product if he faces demand shortage. Therefore, this technology, can potentially decrease the expected mismatch between supply and demand. We, first, study a capacity expansion problem in cloud industry where the supply of attributes is bundled. The recent surge in demand for cloud services has posed a capacity expansion problem for service providers: while the growth of demand for capacity attributes (e.g., CPU and RAM) are time-varying and disproportionate, replenishment of these attributes are often in pre-configured packages (e.g., server clusters). This problem was originally introduced to us by Microsoft; however, our communications with other cloud companies such as Amazon and eBay indicate that they face similar problems. In the third chapter, we consider demand growths of two attributes (CPU and RAM) and focus on a class of policies consisting of capacity expansion cycles, where excess capacities of both attributes are required to reach a desired minimum level at the start and the end of each cycle. Following Microsoft's demand trends, we specifically focus on exponential demand growth. Using piece-wise linear demand approximation, we partially solve the problem, and to fully solve the problem, we devise a dynamic-programming-based algorithm. We next propose a forward-looking heuristic based on minimizing total cost rate in each cycle. We also examine the problem of cluster selection, given a set of available cluster-types. Last, we conduct a numerical study of the performance of the proposed heuristic. Next, we focus on the effects 3D printing can have on manufacturer-retailer relation in supply chains. 3D printing is a relatively new manufacturing technology that is attracting attention from many firms and governments. However, its impact on operations and firms' relationships in a supply chain remains unexplored. In the fourth chapter, we investigate the impact of 3D printing, or additive manufacturing, on a supply chain consisting of a manufacturer and a retailer. We study two scenarios: 1) 3D printers are utilized by the manufacturer; and in a more novel situation 2) 3D printing technology is adopted by the retailer. We analyze the equilibrium of Stackelberg games in both cases and compare the results with a benchmark system without 3D printing. In the first scenario, both the retailer and the manufacturer are better off. In the second scenario, however, the retailer might be worse off although he is adopting 3D printing. This is because the supply chain is more responsive to demand, and the manufacturer can set higher wholesale prices for 3D plans and capture higher profits. We next compare the two scenarios. We identify and quantify the positive and negative effects associated with 3D printing for both firms in a supply chain. In many cases, the novel scenario of the retailer producing products, made possible by the unique features of 3D printing, results in the best profit outcomes for both firms.
Applications Of New Technology In Operations And Supply Chain Management
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Author :
language : en
Publisher:
Release Date : 2024
Applications Of New Technology In Operations And Supply Chain Management written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024 with categories.
Intelligent Engineering And Management For Industry 4 0
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Author : Yong-Hong Kuo
language : en
Publisher: Springer Nature
Release Date : 2022-06-17
Intelligent Engineering And Management For Industry 4 0 written by Yong-Hong Kuo and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-06-17 with Business & Economics categories.
Industry 4.0 is changing how we manage operations to drive systems more intelligently. Technologies and applications are rapidly evolving. Disruptive technologies, such as artificial intelligence, big data, cloud computing and digital twin, are shaking up different industries and have motivated us to revisit engineering and management tools for improving system design, efficiency, effectiveness, reliability, and responsiveness. While these emerging technologies have powered new applications, novel industrial engineering methodologies are required to achieve the goals. Industrial Engineering was sprouted from major engineering disciplines that called for better professional understanding of industrialization. Ever since, the discipline of Industrial Engineering has been the star role player in confronting emerging industries; be it manufacturing, service, high tech products, outer space technology, information technology, industrial policy, ergonomics, and now the world’s greatest concern, sustainable development. This book presents the state-of-the-art in industrial engineering research from different countries and cities around the globe. The book covers a wide range of topics in industrial engineering, including: Demand Chain Management, E-business / Information Technology, Evolutionary Algorithm, Green Manufacturing/Management, Health Care Systems and more.
Innovative Technology At The Interface Of Finance And Operations
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Author : Volodymyr Babich
language : en
Publisher: Springer Nature
Release Date : 2022-01-01
Innovative Technology At The Interface Of Finance And Operations written by Volodymyr Babich and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-01-01 with Business & Economics categories.
This book examines the challenges and opportunities arising from an assortment of technologies as they relate to Operations Management and Finance. The book contains primers on operations, finance, and their interface. After that, each section contains chapters in the categories of theory, applications, case studies, and teaching resources. These technologies and business models include Big Data and Analytics, Artificial Intelligence, Machine Learning, Blockchain, IoT, 3D printing, sharing platforms, crowdfunding, and crowdsourcing. The balance between theory, applications, and teaching materials make this book an interesting read for academics and practitioners in operations and finance who are curious about the role of new technologies. The book is an attractive choice for PhD-level courses and for self-study.
Transforming E Business Practices And Applications Emerging Technologies And Concepts
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Author : Lee, In
language : en
Publisher: IGI Global
Release Date : 2009-12-31
Transforming E Business Practices And Applications Emerging Technologies And Concepts written by Lee, In and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-12-31 with Business & Economics categories.
Transforming E-Business Practices and Applications: Emerging Technologies and Concepts presents an integrated view of the latest issues and technologies evolving from business transactions and support.
Technology In Supply Chain Management And Logistics
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Author : Anthony M. Pagano
language : en
Publisher: Elsevier
Release Date : 2019-09-07
Technology In Supply Chain Management And Logistics written by Anthony M. Pagano and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-07 with Law categories.
Technology in Supply Chain Management and Logistics: Current Practice and Future Applications analyzes the implications of these technologies in a variety of supply chain settings, including block chain, Internet of Things (IoT), inventory optimization, and medical supply chain. This book outlines how technologies are being utilized for product planning, materials management and inventory, transportation and distribution, workflow, maintenance, the environment, and in health and safety. Readers will gain a better understanding of the implications of these technologies with respect to value creation, operational effectiveness, investment level, technical migration and general industry acceptance. In addition, the book features case studies, providing a real-world look at supply chain technology implementations, their necessary training requirements, and how these new technologies integrate with existing business technologies. Identifies emerging supply chain technologies and trends in technology acceptance and utilization levels across various industry sectors Assists professionals with technology investment decisions, procurement, best values, and how they can be utilized for logistics operations Features videos showing technology application, including optimization software, cloud computing, mobility, 3D printing, autonomous vehicles, drones and machine learning
Emerging Technologies And Applications In Data Processing And Management
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Author : Ma, Zongmin
language : en
Publisher: IGI Global
Release Date : 2019-06-28
Emerging Technologies And Applications In Data Processing And Management written by Ma, Zongmin and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-06-28 with Computers categories.
Advances in web technology and the proliferation of sensors and mobile devices connected to the internet have resulted in the generation of immense data sets available on the web that need to be represented, saved, and exchanged. Massive data can be managed effectively and efficiently to support various problem-solving and decision-making techniques. Emerging Technologies and Applications in Data Processing and Management is a critical scholarly publication that examines the importance of data management strategies that coincide with advancements in web technologies. Highlighting topics such as geospatial coverages, data analysis, and keyword query, this book is ideal for professionals, researchers, academicians, data analysts, web developers, and web engineers.
Application Of Emerging Technologies
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Author : Tareq Ahram and Waldemar Karwowski
language : en
Publisher: AHFE Conference
Release Date : 2023-12-04
Application Of Emerging Technologies written by Tareq Ahram and Waldemar Karwowski and has been published by AHFE Conference this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-12-04 with Technology & Engineering categories.
Proceedings of the AHFE International Conference on Human Factors in Design, Engineering, and Computing (AHFE 2023 Hawaii Edition), Honolulu, Hawaii, USA 4-6, December 2023
Emerging Frontiers In Operations And Supply Chain Management
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Author : B. Vipin
language : en
Publisher: Springer
Release Date : 2022-09-17
Emerging Frontiers In Operations And Supply Chain Management written by B. Vipin and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-09-17 with Business & Economics categories.
This edited book addresses the challenges in managing the operations and supply chain of organizations in the era of internet of things and Industry 4.0. It presents cutting edge research on real world operations related problems, in-depth analyses, and relevant managerial implications. Wide variety of solution approaches such as quantitative, quantitative, and simulations are presented in the context of managing the operations and supply chains. Consisting of selected papers from the XXIII Annual International Conference of Society of Operations Management, this volume is part of a two volume series with the other book consisting of chapters on quantitative decision making. This edited book covers various quantitative models on operations and supply chain management such as inventory optimization, machine learning-operations research integrated model for healthcare systems, game-theoretic analysis of review strategies in truthful information sharing, design of contracts in supply chains, supply chain optimization, inventory routing, and shop floor scheduling. In addition to the quantitative models, several innovative heuristics are proposed for different problems. This book explores qualitative models on improving the performance of small and medium enterprises and petroleum industries and a simulation model for staff allocation in the information technology industry. Finally, this book provides review articles on vaccine supply chains and behavioral operations management. The book throws light on the emerging trends in the use of analytics, optimization, and simulation tools and empirical analysis to improve the performance of operations and supply chains of organizations. It will serve as an essential resource for practitioners, students, faculty members and scholars in operations management and related areas to gain knowledge and pursue high quality research on developments in areas such as managing the resource management and the solution methodology---innovative tools employed in addressing the real world problems and the different optimization techniques.
Industry 4 0 Managing The Digital Transformation
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Author : Alp Ustundag
language : en
Publisher: Springer
Release Date : 2017-09-14
Industry 4 0 Managing The Digital Transformation written by Alp Ustundag and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-14 with Technology & Engineering categories.
This book provides a comprehensive guide to Industry 4.0 applications, not only introducing implementation aspects but also proposing a conceptual framework with respect to the design principles. In addition, it discusses the effects of Industry 4.0, which are reflected in new business models and workforce transformation. The book then examines the key technological advances that form the pillars of Industry 4.0 and explores their potential technical and economic benefits using examples of real-world applications. The changing dynamics of global production, such as more complex and automated processes, high-level competitiveness and emerging technologies, have paved the way for a new generation of goods, products and services. Moreover, manufacturers are increasingly realizing the value of the data that their processes and products generate. Such trends are transforming manufacturing industry to the next generation, namely Industry 4.0, which is based on the integration of information and communication technologies and industrial technology.The book provides a conceptual framework and roadmap for decision-makers for this transformation