Data Analytics In Operations Management
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Applied Big Data Analytics In Operations Management
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Author : Kumar, Manish
language : en
Publisher: IGI Global
Release Date : 2016-09-30
Applied Big Data Analytics In Operations Management written by Kumar, Manish and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-30 with Business & Economics categories.
Operations management is a tool by which companies can effectively meet customers’ needs using the least amount of resources necessary. With the emergence of sensors and smart metering, big data is becoming an intrinsic part of modern operations management. Applied Big Data Analytics in Operations Management enumerates the challenges and creative solutions and tools to apply when using big data in operations management. Outlining revolutionary concepts and applications that help businesses predict customer behavior along with applications of artificial neural networks, predictive analytics, and opinion mining on business management, this comprehensive publication is ideal for IT professionals, software engineers, business professionals, managers, and students of management.
Operations Management And Data Analytics Modelling
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Author : Dilbagh Panchal
language : en
Publisher:
Release Date : 2022
Operations Management And Data Analytics Modelling written by Dilbagh Panchal and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
Data Analytics In Operations Management
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Author : Aaron Locklear
language : en
Publisher: Independently Published
Release Date : 2024-05
Data Analytics In Operations Management written by Aaron Locklear and has been published by Independently Published this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-05 with Business & Economics categories.
"Data Analytics in Operations Management: Theory and Practice for the Future Landscape" is meticulously crafted to empower operations managers and business leaders in harnessing the transformative power of data analytics. The content is methodically structured, offering a rich blend of theoretical knowledge and practical application, ensuring readers are well-equipped to leverage analytics for informed decision-making. Commencing with foundational concepts, the book progresses through the intricacies of data infrastructure, presenting cutting-edge methodologies for interpreting and utilizing information. With incisive chapters on decision-making, integration of analytics into various business domains, and human factors in data interpretation, the guide deftly addresses the multifaceted nature of operations in a data-centric business world. A thorough examination of project management within the analytics sphere is paired with sagacious insights into the alignment of operational and data strategies, thus amplifying the decision-making prowess of managers. Crucially, the volume delves into governance, outlining the imperative for compliance in an ever-evolving regulatory landscape. The publication encapsulates emerging trends and their prospective influence on operations, preparing organizations for the pulse of future innovations. Concluding with a strategic compendium, it sets the course for ongoing development and application of analytics in operations management.
Operations Management And Data Analytics Modelling
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Author : Lalit Kumar Awasthi
language : en
Publisher: CRC Press
Release Date : 2021-12-30
Operations Management And Data Analytics Modelling written by Lalit Kumar Awasthi and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-12-30 with Technology & Engineering categories.
Operations Management and Data Analytics Modelling: Economic Crises Perspective addresses real operation management problems in thrust areas like the healthcare and energy management sectors and Industry 4.0. It discusses recent advances and trends in developing data-driven operation management-based methodologies, big data analysis, application of computers in industrial engineering, optimization techniques, development of decision support systems for industrial operation, the role of a multiple-criteria decision-making (MCDM) approach in operation management, fuzzy set theory-based operation management modelling and Lean Six Sigma. Features Discusses the importance of data analytics in industrial operations to improve economy Provides step-by-step implementation of operation management models to identify best practices Covers in-depth analysis using data-based operation management tools and techniques Discusses mathematical modelling for novel operation management models to solve industrial problems This book is aimed at graduate students and professionals in the field of industrial and production engineering, mechanical engineering and materials science.
Big Data Analytics In Supply Chain Management
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Author : Iman Rahimi
language : en
Publisher: CRC Press
Release Date : 2020-12-20
Big Data Analytics In Supply Chain Management written by Iman Rahimi and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-20 with Computers categories.
In a world of soaring digitization, social media, financial transactions, and production and logistics processes constantly produce massive data. Employing analytical tools to extract insights and foresights from data improves the quality, speed, and reliability of solutions to highly intertwined issues faced in supply chain operations. From procurement in Industry 4.0 to sustainable consumption behavior to curriculum development for data scientists, this book offers a wide array of techniques and theories of Big Data Analytics applied to Supply Chain Management. It offers a comprehensive overview and forms a new synthesis by bringing together seemingly divergent fields of research. Intended for Engineering and Business students, scholars, and professionals, this book is a collection of state-of-the-art research and best practices to spur discussion about and extend the cumulant knowledge of emerging supply chain problems.
Handbook Of Operations Analytics Using Data Envelopment Analysis
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Author : Shiuh-Nan Hwang
language : en
Publisher: Springer
Release Date : 2016-07-01
Handbook Of Operations Analytics Using Data Envelopment Analysis written by Shiuh-Nan Hwang and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-01 with Business & Economics categories.
This handbook focuses on Data Envelopment Analysis (DEA) applications in operations analytics which are fundamental tools and techniques for improving operation functions and attaining long-term competitiveness. In fact, the handbook demonstrates that DEA can be viewed as Data Envelopment Analytics. Chapters include a review of cross-efficiency evaluation; a case study on measuring the environmental performance of OECS countries; how to select a set of performance metrics in DEA with an application to American banks; a relational network model to take the operations of individual periods into account in measuring efficiencies; how the efficient frontier methods DEA and stochastic frontier analysis (SFA) can be used synergistically; and how to integrate DEA and multidimensional scaling. In other chapters, authors construct a dynamic three-stage network DEA model; a bootstrapping based methodology to evaluate returns to scale and convexity assumptions in DEA; hybridizing DEA and cooperative games; using DEA to represent the production technology and directional distance functions to measure band performance; an input-specific Luenberger energy and environmental productivity indicator; and the issue of reference set by differentiating between the uniquely found reference set and the unary and maximal types of the reference set. Finally, additional chapters evaluate and compare the technological advancement observed in different hybrid electric vehicles (HEV) market segments over the past 15 years; radial measurement of efficiency for the production process possessing multi-components under different production technologies; issues around the use of accounting information in DEA; how to use DEA environmental assessment to establish corporate sustainability; a summary of research efforts on DEA environmental assessment applied to energy in the last 30 years; and an overview of DEA and how it can be utilized alone and with other techniques to investigate corporate environmental sustainability questions.
Data Analytics
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Author : Subhashish Samaddar
language : en
Publisher: CRC Press
Release Date : 2019-02-18
Data Analytics written by Subhashish Samaddar and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-02-18 with Computers categories.
If you are a manager who receives the results of any data analyst’s work to help with your decision-making, this book is for you. Anyone playing a role in the field of analytics can benefit from this book as well. In the two decades the editors of this book spent teaching and consulting in the field of analytics, they noticed a critical shortcoming in the communication abilities of many analytics professionals. Specifically, analysts have difficulty in articulating in business terms what their analyses showed and what actionable recommendations were made. When analysts made presentations, they tended to lapse into the technicalities of mathematical procedures, rather than focusing on the strategic and tactical impact and meaning of their work. As analytics has become more mainstream and widespread in organizations, this problem has grown more acute. Data Analytics: Effective Methods for Presenting Results tackles this issue. The editors have used their experience as presenters and audience members who have become lost during presentation. Over the years, they experimented with different ways of presenting analytics work to make a more compelling case to top managers. They have discovered tried and true methods for improving presentations, which they share. The book also presents insights from other analysts and managers who share their own experiences. It is truly a collection of experiences and insight from academics and professionals involved with analytics. The book is not a primer on how to draw the most beautiful charts and graphs or about how to perform any specific kind of analysis. Rather, it shares the experiences of professionals in various industries about how they present their analytics results effectively. They tell their stories on how to win over audiences. The book spans multiple functional areas within a business, and in some cases, it discusses how to adapt presentations to the needs of audiences at different levels of management.
Big Data Analytics Using Multiple Criteria Decision Making Models
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Author : Ramakrishnan Ramanathan
language : en
Publisher: CRC Press
Release Date : 2017-07-12
Big Data Analytics Using Multiple Criteria Decision Making Models written by Ramakrishnan Ramanathan and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-12 with Computers categories.
Multiple Criteria Decision Making (MCDM) is a subfield of Operations Research, dealing with decision making problems. A decision-making problem is characterized by the need to choose one or a few among a number of alternatives. The field of MCDM assumes special importance in this era of Big Data and Business Analytics. In this volume, the focus will be on modelling-based tools for Business Analytics (BA), with exclusive focus on the sub-field of MCDM within the domain of operations research. The book will include an Introduction to Big Data and Business Analytics, and challenges and opportunities for developing MCDM models in the era of Big Data.
The Applied Business Analytics Casebook
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Author : Matthew J. Drake
language : en
Publisher: FT Press
Release Date : 2013-10-09
The Applied Business Analytics Casebook written by Matthew J. Drake and has been published by FT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-09 with Business & Economics categories.
The first collection of cases on “big data” analytics for supply chain, operations research, and operations management, this reference puts readers in the position of the analytics professional and decision-maker. Perfect for students, practitioners, and certification candidates in SCM, OM, and OR, these short, focused, to-the-point case studies illustrate the entire decision-making process. They provide realistic opportunities to perform analyses, interpret output, and recommend an optimal course of action. Contributed by leading “big data” experts, the cases in The Applied Business Analytics Casebook covers: Forecasting and statistical analysis: time series forecasting models, regression models, data visualization, and hypothesis testing Optimization and simulation: linear, integer, and nonlinear programming; Monte Carlo simulation and risk analysis; and stochastic optimization Decision analysis: decision making under uncertainty; expected value of perfect information; decision trees; game theory models; AHP; and multi-criteria decision making Advanced business analytics: data warehousing/mining; text mining; neural networks; financial analytics; CRM analytics; and revenue management models
Business Intelligence Strategy And Big Data Analytics
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Author : Steve Williams
language : en
Publisher: Morgan Kaufmann
Release Date : 2016-04-08
Business Intelligence Strategy And Big Data Analytics written by Steve Williams and has been published by Morgan Kaufmann this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-08 with Computers categories.
Business Intelligence Strategy and Big Data Analytics is written for business leaders, managers, and analysts - people who are involved with advancing the use of BI at their companies or who need to better understand what BI is and how it can be used to improve profitability. It is written from a general management perspective, and it draws on observations at 12 companies whose annual revenues range between $500 million and $20 billion. Over the past 15 years, my company has formulated vendor-neutral business-focused BI strategies and program execution plans in collaboration with manufacturers, distributors, retailers, logistics companies, insurers, investment companies, credit unions, and utilities, among others. It is through these experiences that we have validated business-driven BI strategy formulation methods and identified common enterprise BI program execution challenges. In recent years, terms like “big data” and “big data analytics” have been introduced into the business and technical lexicon. Upon close examination, the newer terminology is about the same thing that BI has always been about: analyzing the vast amounts of data that companies generate and/or purchase in the course of business as a means of improving profitability and competitiveness. Accordingly, we will use the terms BI and business intelligence throughout the book, and we will discuss the newer concepts like big data as appropriate. More broadly, the goal of this book is to share methods and observations that will help companies achieve BI success and thereby increase revenues, reduce costs, or both. Provides ideas for improving the business performance of one’s company or business functions Emphasizes proven, practical, step-by-step methods that readers can readily apply in their companies Includes exercises and case studies with road-tested advice about formulating BI strategies and program plans