Decision Making Under Uncertainty Via Optimization Modelling And Analysis

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Decision Making Under Uncertainty Via Optimization Modelling And Analysis
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Author : Laxminarayan Sahoo
language : en
Publisher: Springer
Release Date : 2025-01-29
Decision Making Under Uncertainty Via Optimization Modelling And Analysis written by Laxminarayan Sahoo and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-01-29 with Computers categories.
Decision Making Under Uncertainty Via Optimization Modelling And Analysis
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Author : Laxminarayan Sahoo
language : en
Publisher: Springer Nature
Release Date : 2025-03-02
Decision Making Under Uncertainty Via Optimization Modelling And Analysis written by Laxminarayan Sahoo and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-03-02 with Computers categories.
This book focuses on cutting-edge developments in optimal decision-making incorporating modeling and optimization for determining renewable energy sources, supply chain management, and environmental planning under uncertainty. It addresses mathematical models of cost-effective management policies. This book presents the best decision-making practices for solving real-world challenges. This book provides access to an invaluable collection of various decision-making issues that scholars and industry practitioners use as a reference. The readers are able to understand how decision-making problems are formulated under uncertainty and how to use right optimization strategies to fix problems.
Decision Making Under Uncertainty
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Author : Claude Greengard
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Decision Making Under Uncertainty written by Claude Greengard 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 Mathematics categories.
In the ideal world, major decisions would be made based on complete and reliable information available to the decision maker. We live in a world of uncertainties, and decisions must be made from information which may be incomplete and may contain uncertainty. The key mathematical question addressed in this volume is "how to make decision in the presence of quantifiable uncertainty." The volume contains articles on model problems of decision making process in the energy and power industry when the available information is noisy and/or incomplete. The major tools used in studying these problems are mathematical modeling and optimization techniques; especially stochastic optimization. These articles are meant to provide an insight into this rapidly developing field, which lies in the intersection of applied statistics, probability, operations research, and economic theory. It is hoped that the present volume will provide entry to newcomers into the field, and stimulation for further research.
Introduction To Supply Chain Analytics
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Author : Dmitry Ivanov
language : en
Publisher: Springer Nature
Release Date : 2024-05-27
Introduction To Supply Chain Analytics written by Dmitry Ivanov and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-05-27 with Business & Economics categories.
The book offers a concise yet comprehensive introduction to supply chain analytics covering management, modeling, and technology perspectives. Designed to accompany the textbook “Global Supply Chain and Operations Management”, it addresses the topics of supply chain analytics in more depth. The book describes descriptive, predictive, and prescriptive supply chain analytics explaining methodologies, illustrating method applications with the use of training exercises, and providing numerous examples in AnyLogic and anyLogistix software. Throughout the book, numerous practical examples and short case studies are given to illustrate theoretical concepts. Along with AnyLogic and anyLogistix model development guidelines and examples, the book has two other distinct features. First, it reviews and explains novel frameworks and concepts related to data-driven decision-making and digital twins. Second, it shows how to use analytics to improve supply chain resilience. Without relying heavily on mathematical derivations, the book offers a structured presentation and explanation of major supply chain analytics techniques and principles in a simple, predictable format to make it easy to understand for students and professionals with both management and engineering backgrounds. Graduate/Ph.D. students and supply chain professionals alike would benefit from a structured and didactically-oriented concise presentation of the concepts, principles, and methods of supply chain analytics. Providing graduate students and supply chain managers with working knowledge of basic and advanced supply chain analytics, this book contributes to improving knowledge-awareness of decision-making in increasingly data-driven and digital environments. The book is supplemented by a companion website offering interactive exercises with the use of AnyLogic and anyLogistix software as well as Spreadsheet Modeling.
Simulation Driven Modeling And Optimization
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Author : Slawomir Koziel
language : en
Publisher: Springer
Release Date : 2016-02-12
Simulation Driven Modeling And Optimization written by Slawomir Koziel and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-02-12 with Mathematics categories.
This edited volume is devoted to the now-ubiquitous use of computational models across most disciplines of engineering and science, led by a trio of world-renowned researchers in the field. Focused on recent advances of modeling and optimization techniques aimed at handling computationally-expensive engineering problems involving simulation models, this book will be an invaluable resource for specialists (engineers, researchers, graduate students) working in areas as diverse as electrical engineering, mechanical and structural engineering, civil engineering, industrial engineering, hydrodynamics, aerospace engineering, microwave and antenna engineering, ocean science and climate modeling, and the automotive industry, where design processes are heavily based on CPU-heavy computer simulations. Various techniques, such as knowledge-based optimization, adjoint sensitivity techniques, and fast replacement models (to name just a few) are explored in-depth along with an array of the latest techniques to optimize the efficiency of the simulation-driven design process. High-fidelity simulation models allow for accurate evaluations of the devices and systems, which is critical in the design process, especially to avoid costly prototyping stages. Despite this and other advantages, the use of simulation tools in the design process is quite challenging due to associated high computational cost. The steady increase of available computational resources does not always translate into the shortening of the design cycle because of the growing demand for higher accuracy and necessity to simulate larger and more complex systems. For this reason, automated simulation-driven design—while highly desirable—is difficult when using conventional numerical optimization routines which normally require a large number of system simulations, each one already expensive.
Risk Modeling Assessment And Management
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Author : Yacov Y. Haimes
language : en
Publisher: John Wiley & Sons
Release Date : 2015-07-15
Risk Modeling Assessment And Management written by Yacov Y. Haimes and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-07-15 with Technology & Engineering categories.
Presents systems-based theory, methodology, and applications in risk modeling, assessment, and management This book examines risk analysis, focusing on quantifying risk and constructing probabilities for real-world decision-making, including engineering, design, technology, institutions, organizations, and policy. The author presents fundamental concepts (hierarchical holographic modeling; state space; decision analysis; multi-objective trade-off analysis) as well as advanced material (extreme events and the partitioned multi-objective risk method; multi-objective decision trees; multi-objective risk impact analysis method; guiding principles in risk analysis); avoids higher mathematics whenever possible; and reinforces the material with examples and case studies. The book will be used in systems engineering, enterprise risk management, engineering management, industrial engineering, civil engineering, and operations research. The fourth edition of Risk Modeling, Assessment, and Management features: Expanded chapters on systems-based guiding principles for risk modeling, planning, assessment, management, and communication; modeling interdependent and interconnected complex systems of systems with phantom system models; and hierarchical holographic modeling An expanded appendix including a Bayesian analysis for the prediction of chemical carcinogenicity, and the Farmer’s Dilemma formulated and solved using a deterministic linear model Updated case studies including a new case study on sequential Pareto-optimal decisions for emergent complex systems of systems A new companion website with over 200 solved exercises that feature risk analysis theories, methodologies, and application Risk Modeling, Assessment, and Management, Fourth Edition, is written for both undergraduate and graduate students in systems engineering and systems management courses. The text also serves as a resource for academic, industry, and government professionals in the fields of homeland and cyber security, healthcare, physical infrastructure systems, engineering, business, and more.
Fuzzy Engineering Economics With Applications
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Author : Cengiz Kahraman
language : en
Publisher: Springer
Release Date : 2008-09-20
Fuzzy Engineering Economics With Applications written by Cengiz Kahraman and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-09-20 with Technology & Engineering categories.
Fuzzy set approaches are suitable to use when the modeling of human knowledge is necessary and when human evaluations are needed. Fuzzy set theory is recognized as an important problem modeling and solution technique. It has been studied ext- sively over the past 40 years. Most of the early interest in fuzzy set theory pertained to representing uncertainty in human cognitive processes. Fuzzy set theory is now - plied to problems in engineering, business, medical and related health sciences, and the natural sciences. This book handles the fuzzy cases of classical engineering e- nomics topics. It contains 15 original research and application chapters including different topics of fuzzy engineering economics. When no probabilities are available for states of nature, decisions are given under uncertainty. Fuzzy sets are a good tool for the operation research analyst facing unc- tainty and subjectivity. The main purpose of the first chapter is to present the role and importance of fuzzy sets in the economic decision making problem with the literature review of the most recent advances.
Partial Order Concepts In Applied Sciences
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Author : Marco Fattore
language : en
Publisher: Springer
Release Date : 2016-12-22
Partial Order Concepts In Applied Sciences written by Marco Fattore and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-12-22 with Science categories.
TThis book illustrates recent advances in applications of partial order theory and Hasse diagram techniques to data analysis, mainly in the socio-economic and environmental sciences. For years, partial order theory has been considered a fundamental branch of mathematics of only theoretical interest. In recent years, its effectiveness as a tool for data analysis is increasingly being realized and many applications of partially ordered sets to real problems in statistics and applied sciences have appeared. Main examples pertain to the analysis of complex and multidimensional systems of ordinal data and to problems of multi-criteria decision making, so relevant in social and environmental sciences. Partial Order Concepts in Applied Sciences presents new theoretical and methodological developments in partial order for data analysis, together with a wide range of applications to different topics: multidimensional poverty, economic development, inequality measurement, ecology and pollution, and biology, to mention a few. The book is of interest for applied mathematicians, statisticians, social scientists, environmental scientists and all those aiming at keeping pace with innovation in this interesting, growing and promising research field.
Proceedings Of The 15th International Marine Design Conference
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Author : Austin A. Kana
language : en
Publisher: TU Delft OPEN Publishing
Release Date : 2024-08-22
Proceedings Of The 15th International Marine Design Conference written by Austin A. Kana and has been published by TU Delft OPEN Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-08-22 with Technology & Engineering categories.
The 15th International Marine Design Conference (IMDC-2024) was organized by the Department of Maritime and Transport Technology, Delft University of Technology, and was hosted by the Netherlands Defence Materiel Organisation at the Marine Etablissement Amsterdam (MEA). The aim of the IMDC is to promote all aspects of marine design as an engineering discipline. The focus of IMDC-2024 is on the key design challenges and opportunities in the maritime field with special emphasis on the following themes. Ship design methodology issues such as: design spiral, systems engineering, set-based design, design optimisation, concurrent design, modular design, configuration based design, or 'fuzzy' design aspects. Novel marine design concepts, such as: hull form design, transport ships, service vessels, naval vessels, yachts and cruise ships, or specialized and complex vessels. Offshore design methodology, such as applications to: offshore wind turbines, semi-submersibles, floating fish farms, or floating cities. Influence of energy transition on maritime design, including both zero emission and high power and energy systems. Influence of unmanned and autonomous transition on maritime design. Influence of digital transition on maritime design, such as: digital shadows and twins, model-based systems engineering, AI, ML and big data. Influence of regulations on maritime design. Maritime design education
Understanding Complex Urban Systems Multidisciplinary Approaches To Modeling
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Author : Christian Walloth
language : en
Publisher: Springer
Release Date : 2013-12-14
Understanding Complex Urban Systems Multidisciplinary Approaches To Modeling written by Christian Walloth and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-14 with Technology & Engineering categories.
Understanding Complex Urban Systems takes as its point of departure the insight that the challenges of global urbanization and the complexity of urban systems cannot be understood – let alone ‘managed’ – by sectoral and disciplinary approaches alone. But while there has recently been significant progress in broadening and refining the methodologies for the quantitative modeling of complex urban systems, in deepening the theoretical understanding of cities as complex systems, or in illuminating the implications for urban planning, there is still a lack of well-founded conceptual thinking on the methodological foundations and the strategies of modeling urban complexity across the disciplines. Bringing together experts from the fields of urban and spatial planning, ecology, urban geography, real estate analysis, organizational cybernetics, stochastic optimization, and literary studies, as well as specialists in various systems approaches and in transdisciplinary methodologies of urban analysis, the volume seeks to advance the discussion on multidisciplinary approaches to urban modeling. While engaging with the ‘state of the art’ in their respective fields, the contributions are specifically written for both experts from a broad range of disciplines as well as for urban practitioners who feel the need for new approaches given the uncertainty of current developments.