Modeling And Applications In Operations Research


Modeling And Applications In Operations Research
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Modeling And Applications In Operations Research


Modeling And Applications In Operations Research
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Author : Jyotiranjan Nayak
language : en
Publisher:
Release Date : 2023

Modeling And Applications In Operations Research written by Jyotiranjan Nayak and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with TECHNOLOGY categories.


The text envisages novel optimization methods that significantly impact real-life problems, starting from inventory control to economic decision-making. It discusses topics such as inventory control, queueing models, timetable scheduling, fuzzy optimization, and the Knapsack problem. The book's content encompass thefollowing key aspects: Presents a new model based on an unreliable server, wherein the convergence analysis is done using nature-inspired algorithms. Discusses the optimization techniques used in transportation problems, timetable problems, and optimal/dynamic pricing in inventory control. Highlights single and multi-objective optimization problems using pentagonal fuzzy numbers. Illustrates profit maximization inventory model for non-instantaneous deteriorating items with imprecise costs. Showcases nature-inspired algorithms such as particle swarm optimization, genetic algorithm, bat algorithm, and cuckoo search algorithm. The text covers multi-disciplinary real-time problems such as fuzzy optimization of transportation problems, inventory control with dynamic pricing, timetable problem with ant colony optimization, knapsack problem, queueing modeling using the nature-inspired algorithm, and multi-objective fuzzy linear programming. It showcases a comparative analysis for studying various combinations of system design parameters and default cost elements. It will serve as an ideal reference text for graduate students and academic researchers in the fields of industrial engineering, manufacturing engineering, production engineering, mechanical engineering, and mathematics.



Operations Research


Operations Research
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Author : H. A. Eiselt
language : en
Publisher: Springer Science & Business Media
Release Date : 2010-05-17

Operations Research written by H. A. Eiselt 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 2010-05-17 with Business & Economics categories.


Since the 1960s, operations research (or, alternatively, management science) has become an indispensable tool in scientific management. In simple words, its goal on the strategic and tactical levels is to aid in decision making and, on the operational level, automate decision making. Its tools are algorithms, procedures that create and improve solutions to a point at which optimal or, at least, satisfactory solutions have been found. While many texts on the subject emphasize methods, the special focus of this book is on the applications of operations research in practice. Typically, a topic is introduced by means of a description of its applications, a model is formulated and its solution is presented. Then the solution is discussed and its implications for decision making are outlined. We have attempted to maximize the understanding of the topics by using intuitive reasoning while keeping mathematical notation and the description of techniques to a minimum. The exercises are designed to fully explore the material covered in the chapters, without resorting to mind-numbing repetitions and trivialization.



Operations Research Algorithms And Applications


Operations Research Algorithms And Applications
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Author : Rathindra P. Sen
language : en
Publisher: PHI Learning Pvt. Ltd.
Release Date : 2010-01-30

Operations Research Algorithms And Applications written by Rathindra P. Sen and has been published by PHI Learning Pvt. Ltd. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-01-30 with Mathematics categories.


It covers all the relevant topics along with the recent developments in the field. The book begins with an overview of operations research and then discusses the simplex method of optimization and duality concept along with the deterministic models such as post-optimality analysis, transportation and assignment models. While covering hybrid models of operations research, the book elaborates PERT (Programme Evaluation and Review Technique), CPM (Critical Path Method), dynamic programming, inventory control models, simulation techniques and their applications in mathematical modelling and computer programming. It explains the decision theory, game theory, queueing theory, sequencing models, replacement and reliability problems, information theory and Markov processes which are related to stochastic models. Finally, this well-organized book describes advanced deterministic models that include goal programming, integer programming and non-linear programming.



Applications Of Operational Research And Mathematical Models In Management


Applications Of Operational Research And Mathematical Models In Management
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Author : Miltiadis Chalikias
language : en
Publisher: MDPI
Release Date : 2020-11-17

Applications Of Operational Research And Mathematical Models In Management written by Miltiadis Chalikias and has been published by MDPI this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-17 with Mathematics categories.


This book, Applications of Operational Research and Mathematical Models in Management, includes all the papers published in the Mathematics Special Issue with the same title. All the published papers are of high quality and were subjected to rigorous peer review. Mathematics is included in the Science Citation Index (Web of Science), and its current Impact Factor is 1.747. The papers in this book deal with on R&D performance models, methods for ranking the perspectives and indicators of a balance scorecard, robust optimization model applications, integrated production and distribution problem solving, demand functions, supply chain games, probabilistic optimization and profit research, coordinated techniques for order preference, robustness approaches in bank capital optimization, and hybrid methods for tourism demand forecasting. All the papers included contribute to the development of research.



Operations Research


Operations Research
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Author : Jay E. Aronson
language : en
Publisher: IAP
Release Date : 2009-04-01

Operations Research written by Jay E. Aronson and has been published by IAP this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-04-01 with Business & Economics categories.


Drawn from a conference honoring Gerald L. Thompson, the pioneer of operations research, this volume brings together some of the latest writings of major figures in the field. The volume is divided into four parts: the first part reviews the career and significance of Thompson, the second concentrates on linear and nonlinear optimization, the third looks at network and integer programming, and the fourth provides examples of applications-oriented research in manufacturing. This volume will be an invaluable resource for all scholars and researchers involved in theory and methodology in operations research and management science.



Applications Of Operations Research And Management Science For Military Decision Making


Applications Of Operations Research And Management Science For Military Decision Making
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Author : William P. Fox
language : en
Publisher: Springer Nature
Release Date : 2019-08-28

Applications Of Operations Research And Management Science For Military Decision Making written by William P. Fox and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-08-28 with Business & Economics categories.


Based on many years of applied research, modeling and educating future decision makers, the authors have selected the critical set of mathematical modeling skills for decision analysis to include in this book. The book focuses on the model formulation and modeling building skills, as well as the technology to support decision analysis. The authors cover many of the main techniques that have been incorporated into their three-course sequence in mathematical modeling for decision making in the Department of Defense Analysis at the Naval Postgraduate School. The primary objective of this book is illustrative in nature. It begins with an introduction to mathematical modeling and a process for formally thinking about difficult problems, illustrating many scenarios and illustrative examples. The book incorporates the necessary mathematical foundations for solving these problems with military applications and related military processes to reinforce the applied nature of the mathematical modeling process.



Operations Research Models And Methods


Operations Research Models And Methods
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Author : Paul A. Jensen
language : en
Publisher: John Wiley & Sons
Release Date : 2002-10-08

Operations Research Models And Methods written by Paul A. Jensen 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 2002-10-08 with Technology & Engineering categories.


In a rapidly developing field like Operations Research, its easy to get overwhelmed by the variety of topics and analytic techniques. Paul Jensen and Jonathan Bard help you master the expensive field by focusing on the fundamental models and methodologies underlying the practice of Operations Research. Bridging the gap between theory and practice, the author presents the quantitative tools and models most important to understanding modern operations research. You'll come to appreciate the power of OR techniques in solving real-world problems and applications in your own field. You'll learn how to translate complex situations into mathematical models, solve models and turn models into solutions. This text is designed to bridge the gap between theory and practice by presenting the quantitative tools and models most suited for modern operations research. The principal goal is to give analysts, engineers, and decision makers a larger appreciation of their roles by defining a common terminology and by explaining the interfaces between the underlying methodologies. Features Divides each subject into methods and models, giving you greater flexibility in how you approach the material. Concise and focused presentation highlights central ideas. Many examples throughout the text will help you better understand mathematical material.



Military Applications Of Modeling


Military Applications Of Modeling
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Author : Francis P. Hoeber
language : en
Publisher: Routledge
Release Date : 2021-05-30

Military Applications Of Modeling written by Francis P. Hoeber and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-30 with Business & Economics categories.


This book, first published in 1981, offers a critical review of the techniques of mathematical modelling and their appropriate application to military operations research – the analysis of data (historical data, exercise and test results, and intelligence) in preparation for war. The virtues of sophistication via simplicity, and the beauty of the artful finesse, emerge as the signature of successful modelling.



Principles Of Operations Research


Principles Of Operations Research
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Author : Harvey M. Wagner
language : en
Publisher: Prentice Hall
Release Date : 1975

Principles Of Operations Research written by Harvey M. Wagner and has been published by Prentice Hall this book supported file pdf, txt, epub, kindle and other format this book has been release on 1975 with Business & Economics categories.


The art and science of executive decisions. Formulation of liner optimization models. Algebraic and geometric representations of linear optimization models. Simplex method of solution. Sensitivity testing and duality. Transportation problem. Shortest-route and other network models. Introduction to dynamic optimization models. Dynamic optimization of inventory scheduling. Other examples of dynamic programming. Decision-making over an unbounded horizon. Optimization methods for an unbounded horizon. Integer programming and combinatorial models. Optimization with a nonlinear objective function. Advenced techniques in nonlinear programming. Introduction to stochastic programming models. Probabilistic dynamic programming models. Dynamic programming in markov chains. Probabilistic inventory models. Waitting line models. Computer simulation of management systems; Implementation of network algorithms. Advanced techniques for waiting line models. Table-probability of a busy period.



Analyzing Risk Through Probabilistic Modeling In Operations Research


Analyzing Risk Through Probabilistic Modeling In Operations Research
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Author : Jakóbczak, Dariusz Jacek
language : en
Publisher: IGI Global
Release Date : 2015-11-03

Analyzing Risk Through Probabilistic Modeling In Operations Research written by Jakóbczak, Dariusz Jacek and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-11-03 with Business & Economics categories.


Probabilistic modeling represents a subject spanning many branches of mathematics, economics, and computer science to connect pure mathematics with applied sciences. Operational research also relies on this connection to enable the improvement of business functions and decision making. Analyzing Risk through Probabilistic Modeling in Operations Research is an authoritative reference publication discussing the various challenges in management and decision science. Featuring exhaustive coverage on a range of topics within operational research including, but not limited to, decision analysis, data mining, process modeling, probabilistic interpolation and extrapolation, and optimization methods, this book is an essential reference source for decision makers, academicians, researchers, advanced-level students, technology developers, and government officials interested in the implementation of probabilistic modeling in various business applications.