Modeling And Applications In Operations Research

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Modeling And Applications In Operations Research
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Author : Jyotiranjan Nayak
language : en
Publisher: CRC Press
Release Date : 2023-11-29
Modeling And Applications In Operations Research written by Jyotiranjan Nayak and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-11-29 with Technology & Engineering 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 the following 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 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.
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.
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.
Stochastic Models In Operations Research
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Author : Daniel P. Heyman
language : en
Publisher: Courier Corporation
Release Date : 2004-01-01
Stochastic Models In Operations Research written by Daniel P. Heyman and has been published by Courier Corporation this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-01-01 with Mathematics categories.
This volume of a 2-volume set explores the central facts and ideas of stochastic processes, illustrating their use in models based on applied and theoretical investigations. Explores stochastic processes, operating characteristics of stochastic systems, and stochastic optimization. Comprehensive in its scope, this graduate-level text emphasizes the practical importance, intellectual stimulation, and mathematical elegance of stochastic models.
Analytical And Stochastic Modeling Techniques And Applications
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Author : Khalid Al-Begain
language : en
Publisher: Springer Science & Business Media
Release Date : 2011-06-14
Analytical And Stochastic Modeling Techniques And Applications written by Khalid Al-Begain 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 2011-06-14 with Computers categories.
This book constitutes the refereed proceedings of the 18th International Conference on Analytical and Stochastic Modeling Techniques and Applications, ASMTA 2011, held in Venice, Italyin June 2011. The 24 revised full papers presented were carefully reviewed and selected from many submissions.The papers are organized in topical sections on queueing theory, software and computer systems, statistics and inference, telecommunication networks, and performance and performability.
Network Models In Optimization And Their Applications In Practice
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Author : Fred Glover
language : en
Publisher: John Wiley & Sons
Release Date : 2011-10-14
Network Models In Optimization And Their Applications In Practice written by Fred Glover 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 2011-10-14 with Mathematics categories.
Unique in that it focuses on formulation and case studies ratherthan solutions procedures covering applications for pure,generalized and integer networks, equivalent formulations plussuccessful techniques of network models. Every chapter contains asimple model which is expanded to handle more complicateddevelopments, a synopsis of existing applications, one or more casestudies, at least 20 exercises and invaluable references. An Instructor's Manual presenting detailed solutions to all theproblems in the book is available upon request from the Wileyeditorial department.
Supply Chain Management Models Applications And Research Directions
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Author : Joseph Geunes
language : en
Publisher: Springer Science & Business Media
Release Date : 2006-02-28
Supply Chain Management Models Applications And Research Directions written by Joseph Geunes 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 2006-02-28 with Business & Economics categories.
This work brings together some of the most up to date research in the application of operations research and mathematical modeling te- niques to problems arising in supply chain management and e-Commerce. While research in the broad area of supply chain management enc- passes a wide range of topics and methodologies, we believe this book provides a good snapshot of current quantitative modeling approaches, issues, and trends within the field. Each chapter is a self-contained study of a timely and relevant research problem in supply chain mana- ment. The individual works place a heavy emphasis on the application of modeling techniques to real world management problems. In many instances, the actual results from applying these techniques in practice are highlighted. In addition, each chapter provides important mana- rial insights that apply to general supply chain management practice. The book is divided into three parts. The first part contains ch- ters that address the new and rapidly growing role of the internet and e-Commerce in supply chain management. Topics include e-Business applications and potentials; customer service issues in the presence of multiple sales channels, varying from purely Internet-based to traditional physical outlets; and risk management issues in e-Business in B2B m- kets.
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.
Modeling Applications In The Airline Industry
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Author : Ahmed Abdelghany
language : en
Publisher: Routledge
Release Date : 2016-04-15
Modeling Applications In The Airline Industry written by Ahmed Abdelghany and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-15 with Business & Economics categories.
Modeling Applications in the Airline Industry explains the different functions and tactics performed by airlines during their planning and operation phases. Each function receives a full explanation of the challenges it brings and a solution methodology is presented, supported by numerical illustrative examples wherever possible. The book also highlights the main limitations of current practice and provides a brief description of future work related to each function. The authors have filtered the rich literature of airline management to include only the research that has actually been adopted by the airlines, giving a genuinely accurate representation of real airline management and its continuing development of solution methodologies. The book consists of 20 chapters divided into 4 sections: - Demand Modeling and Forecasting - Scheduling of Resources - Revenue Management - Irregular Operations Management. The book will be a valuable source or a handbook for individuals seeking a career in airline management. Written by experts with significant working experience within the industry, it offers readers insights to the real practice of operations modelling. In particular the book makes accessible the complexities of the key airline functions and explains the interrelation between them.