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Decision Criteria And Optimal Inventory Processes


Decision Criteria And Optimal Inventory Processes
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Decision Criteria And Optimal Inventory Processes


Decision Criteria And Optimal Inventory Processes
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Author : Baoding Liu
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Decision Criteria And Optimal Inventory Processes written by Baoding Liu and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.


Decision Criteria and Optimal Inventory Processes provides a theoretical and practical introduction to decision criteria and inventory processes. Inventory theory is presented by focusing on the analysis and processes underlying decision criteria. Included are many state-of-the-art criterion models as background material. These models are extended to the authors' newly developed fuzzy criterion models which constitute a general framework for the study of stochastic inventory models with special focus on the real world inventory theoretic reservoir operations problems. The applications of fuzzy criterion dynamic programming models are illustrated by reservoir operations including the integrated network of reservoir operation and the open inventory network problems. An interesting feature of this book is the special attention it pays to the analysis of some theoretical and applied aspects of fuzzy criteria and dynamic fuzzy criterion models, thus opening up a new way of injecting the much-needed type of non-cost, intuitive, and easy-to-use methods into multi-stage inventory processes. This is accomplished by constructing and optimizing the fuzzy criterion models developed for inventory processes. Practitioners in operations research, management science, and engineering will find numerous new ideas and strategies for modeling real world multi- stage inventory problems, and researchers and applied mathematicians will find this work a stimulating and useful reference.



Optimal Inventory Modeling Of Systems


Optimal Inventory Modeling Of Systems
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Author : Craig C. Sherbrooke
language : en
Publisher: Springer Science & Business Media
Release Date : 2006-04-11

Optimal Inventory Modeling Of Systems written by Craig C. Sherbrooke and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-04-11 with Business & Economics categories.


Most books on inventory theory use the item approach to determine stock levels, ignoring the impact of unit cost, echelon location, and hardware indenture. Optimal Inventory Modeling of Systems is the first book to take the system approach to inventory modeling. The result has been dramatic reductions in the resources to operate many systems - fleets of aircraft, ships, telecommunications networks, electric utilities, and the space station. Although only four chapters and appendices are totally new in this edition, extensive revisions have been made in all chapters, adding numerous worked-out examples. Many new applications have been added including commercial airlines, experience gained during Desert Storm, and adoption of the Windows interface as a standard for personal computer models.



Supply Chain Structures


Supply Chain Structures
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Author : Jing-Sheng Song
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-06-29

Supply Chain Structures written by Jing-Sheng Song and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-06-29 with Business & Economics categories.


In the foreword to Supply Chain Structures, Professor Paul Zipkin notes three global changes that have enabled the recent vast developments in the field of supply chains. Moreover, these changes may be only the beginning and more change is likely in the fast-moving field of supply chain management. These global changes are: the explosive growth of the Internet; the growth in free-market economies with the corresponding political interest in global economic stability; and the emergence of a global managerial culture focused on performance, quality, and service. Professor Zipkin goes on to say "In Supply Chain Structures, the editors Jeannette Song and David Yao have collected a spectrum of approaches to these challenges from some of the leading scholars of supply chains, from both the academic and commercial worlds. Each of the articles offers an interesting and illuminating way to think about the key issues in supply chain management. Some also offer practical techniques to solve important problems. Together they provide an excellent survey of the current state of the art in research and practice."



Level Crossing Methods In Stochastic Models


Level Crossing Methods In Stochastic Models
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Author : Percy H. Brill
language : en
Publisher: Springer Science & Business Media
Release Date : 2008-12-03

Level Crossing Methods In Stochastic Models written by Percy H. Brill and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-12-03 with Mathematics categories.


From 1972 to 1974, I was working on a PhD thesis entitled Multiple Server Queues with Service Time Depending on Waiting Time.The method of analysis was the embedded Markov chain technique, described in the papers [82] and [77]. My analysis involved lengthy, tedious deri- tions of systems of integral equations for the probability density function (pdf) of the waiting time. After pondering for many months whether there might be a faster, easier way to derive the integral equations, I ?nally discovered the basic theorems for such a method in August, 1974. The theorems establish a connection between sample-path level-crossing rates of the virtual wait process and the pdf of the waiting time. This connection was not found anywhere else in the literature at the time. I immediately developed a comprehensive new methodology for deriving the integral equations based on these theorems, and called it system point theory. (Subsequently it was called system point method,or system point level crossing method: SPLC or simply LC.) I rewrote the entire PhD thesis from November 1974 to March 1975, using LC to reach solutions. The new thesis was called System Point Theory in Exponential Queues. On June 12, 1975 I presented an invited talk on the new methodology at the Fifth Conference on Stochastic Processes and their Applications at the University of Maryland. Many queueing theorists were present.



An Annotated Timeline Of Operations Research


An Annotated Timeline Of Operations Research
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Author : Saul I. Gass
language : en
Publisher: Springer Science & Business Media
Release Date : 2005

An Annotated Timeline Of Operations Research written by Saul I. Gass and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.


Arising from the urgent operational issues of World War II, the philosophy and methodology of Operations Research (OR) has permeated the resolution of decision problems in business, industry, and government. This work recounts the evolution of OR as the science of decision making. It chronicles the history of OR in the form of expository entries.



Consumer Driven Demand And Operations Management Models


Consumer Driven Demand And Operations Management Models
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Author : Serguei Netessine
language : en
Publisher: Springer Science & Business Media
Release Date : 2009-06-02

Consumer Driven Demand And Operations Management Models written by Serguei Netessine and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-06-02 with Business & Economics categories.


This important book is by top scholars in supply chain management, revenue management, and e-commerce, all of which are grounded in information technologies and consumer demand research. The book looks at new selling techniques designed to reach the consumer.



Supply Chain Analysis


Supply Chain Analysis
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Author : Christopher S. Tang
language : en
Publisher: Springer Science & Business Media
Release Date : 2007-11-28

Supply Chain Analysis written by Christopher S. Tang and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-11-28 with Business & Economics categories.


Supply Chain Analysis: A Handbook on the Interaction of Information, System, and Optimization is a carefully developed work focused on the analysis of supply chain interaction issues in emerging markets and industry sectors. It is a leading-edge handbook that will emphasize where little work has been done and where the “rubber meets the road” – the supply chain process, information, and systems integration. These are pertinent issues facing practitioners and researchers in today’s business environment. This is a gap-bridging handbook that analyzes interaction issues from both the research and practitioner sides. The result is a volume that examines and provides practical solutions on interaction issues while being firmly grounded in research principles. An outstanding team of editors: Chris Tang is well-known and highly regarded in the area of Supply Chain Management. He is both a department chairman and the Edward Carter Professor of Business Administration at UCLA Anderson School; Professor Wei is the Dean of the Faculty of Business at the City University of Hong Kong, and is an eminent scholar in the area of Information Technology; Professor Teo has extensive experience in the area of Supply Chain Management and Optimization, and he is with the NUS Business School at the National University of Singapore.



Game Theoretic Risk Analysis Of Security Threats


Game Theoretic Risk Analysis Of Security Threats
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Author : Vicki M. Bier
language : en
Publisher: Springer Science & Business Media
Release Date : 2008-10-20

Game Theoretic Risk Analysis Of Security Threats written by Vicki M. Bier and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-10-20 with Technology & Engineering categories.


Game Theoretic Risk Analysis of Security Threats introduces reliability and risk analysis in the face of threats by intelligent agents. More specifically, game-theoretic models are developed for identifying optimal and/or equilibrium defense and attack strategies in systems of varying degrees of complexity. The book covers applications to networks, including problems in both telecommunications and transportation. However, the book’s primary focus is to integrate game theory and reliability methodologies into a set of techniques to predict, detect, diminish, and stop intentional attacks at targets that vary in complexity. In this book, Bier and Azaiez highlight work by researchers who combine reliability and risk analysis with game theory methods to create a set of functional tools that can be used to offset intentional, intelligent threats (including threats of terrorism and war). These tools will help to address problems of global security and facilitate more cost-effective defensive investments.



Hydropower Economics


Hydropower Economics
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Author : Finn R. Forsund
language : en
Publisher: Springer Science & Business Media
Release Date : 2007-09-19

Hydropower Economics written by Finn R. Forsund and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-09-19 with Business & Economics categories.


The state organisation responsible for coordinating the hydropower el- tricity system in Norway (“Samkjøringen”) contacted me in 1990 about the advanced plan for deregulating the electricity system, separating gene- tion, transmission, and distribution and introducing a wholesale market for electricity. It was felt that insights about the fundamental nature of running an electricity system based on hydropower was somewhat lacking within the team of academic economists engaged to write background reports by the Oil and Energy ministry responsible for driving the reform of the el- tricity system. When talking to engineers I was fascinated by the world of electricity, with its physical laws and weird concepts such as reactive power and el- tric phase angles. Externalities of hydraulic interdependence between river-based power stations and highly fluctuating loss and congestion - ternalities involved in a meshed transmission network had to be rec- nised. Furthermore, capturing all these elements required advanced mathematical methods of dynamic programming in a stochastic envir- ment. My conclusion was that a market design that neglected these aspects did it at its own peril. I predicted volatile prices coming out of a compe- tion between producers facing zero short-run variable costs and problems with investments coming forth sufficiently from a social perspective. However, I can safely say that my report had no impact whatsoever on the Norwegian electricity reform of 1991, that must be regarded, not the least by me, as being highly successful.



Network Science Nonlinear Science And Infrastructure Systems


Network Science Nonlinear Science And Infrastructure Systems
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Author : Terry L. Friesz
language : en
Publisher: Springer Science & Business Media
Release Date : 2007-06-10

Network Science Nonlinear Science And Infrastructure Systems written by Terry L. Friesz and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-06-10 with Mathematics categories.


This book is written by leading scholars in Network Science, Nonlinear Science and Infrastructure Systems, expressly to develop common theoretical underpinnings for better solutions to modern infrastructural problems. The book is dedicated to the formulation of infrastructural tools that will better solve problems from transportation networks to telecommunications, Internet, supply chains and more.