Operations Research Using Excel
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Operations Research Using Excel
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Author : Vikas Singla
language : en
Publisher: CRC Press
Release Date : 2021-09-16
Operations Research Using Excel written by Vikas Singla and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-09-16 with Technology & Engineering categories.
The field of operations research provides a scientific approach to managerial decision making. In a contemporary, hypercompetitive ever-changing business world, a manager needs quantitative and factual ways of solving problems related to optimal allocation of resources, profit/loss, maximization/minimization etc. In this endeavor, the subject of doing research on how to manage and make operations efficient is termed as Operations Research. The reference text provides conceptual and analytical knowledge for various operations research techniques. Readers, especially students of this subject, are skeptic in dealing with the subject because of its emphasis on mathematics. However, this book has tried to remove such doubts by focusing on the application part of OR techniques with minimal usage of mathematics. The attempt was to make students comfortable with some complicated topics of the subject. It covers important concepts including sensitivity analysis, duality theory, transportation solution method, Hungarian algorithm, program evaluation and review technique and periodic review system. Aimed at senior undergraduate and graduate students in the fields of mechanical engineering, civil engineering, industrial engineering and production engineering, this book: • Discusses extensive use of Microsoft Excel spreadsheets and formulas in solving operations research problems • Provides case studies and unsolved exercises at the end of each chapter • Covers industrial applications of various operations research techniques in a comprehensive manner • Discusses creating spreadsheets and using different Excel formulas in an easy-to-understand manner • Covers problem-solving procedures for techniques including linear programming, transportation model and game theory
Handbook Of Military And Defense Operations Research
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Author : Natalie M. Scala
language : en
Publisher: CRC Press
Release Date : 2020-02-10
Handbook Of Military And Defense Operations Research written by Natalie M. Scala and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-02-10 with Business & Economics categories.
Operations research (OR) is a core discipline in military and defense management. Coming to the forefront initially during World War II, OR provided critical contributions to logistics, supply chains, and strategic simulation, while enabling superior decision-making for Allied forces. OR has grown to include analytics and many applications, including artificial intelligence, cybersecurity, and big data, and is the cornerstone of management science in manufacturing, marketing, telecommunications, and many other fields. The Handbook of Military and Defense Operations Research presents the voices leading OR and analytics to new heights in security through research, practical applications, case studies, and lessons learned in the field. Features Applies the experiences of educators and practitioners working in the field Employs the latest technology developments in case studies and applications Identifies best practices unique to the military, security, and national defense problem space Highlights similarities and dichotomies between analyses and trends that are unique to military, security, and defense problems.
Fundamentals Of Forecasting Using Excel
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Author : Kenneth D. Lawrence
language : en
Publisher: Industrial Press Inc.
Release Date : 2009
Fundamentals Of Forecasting Using Excel written by Kenneth D. Lawrence and has been published by Industrial Press Inc. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Business & Economics categories.
Forecasting is an integral part of almost all business enterprises. This book provides readers with the tools to analyze their data, develop forecasting models and present the results in Excel. Progressing from data collection, data presentation, to a step-by-step development of the forecasting techniques, this essential text covers techniques that include but not limited to time series-moving average, exponential smoothing, trending, simple and multiple regression, and Box-Jenkins. And unlike other products of its kind that require either high-priced statistical software or Excel add-ins, this book does not require such software. It can be used both as a primary text and as a supplementary text. Highlights the use of Excel screen shots, data tables, and graphs. Features Full Scale Use of Excel in Forecasting without the Use of Specialized Forecast Packages Includes Excel templates. Emphasizes the practical application of forecasting. Provides coverage of Special Forecasting, including New Product Forecasting, Network Models Forecasting, Links to Input/Output Modeling, and Combination of Forecasting.
Applications Of Operational Research In Business And Industries
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Author : Angappa Gunasekaran
language : en
Publisher: Springer Nature
Release Date : 2023-05-21
Applications Of Operational Research In Business And Industries written by Angappa Gunasekaran and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-21 with Business & Economics categories.
Effective decision-making while trading off the constraints and conflicting multiple objectives under rapid technological developments, massive generation of data, and extreme volatility is of paramount importance to organizations to win over the time-based competition today. While agility is a crucial issue, the firms have been increasingly relying on evidence-based decision-making through intelligent decision support systems driven by computational intelligence and automation to achieve a competitive advantage. The decisions are no longer confined to a specific functional area. Instead, business organizations today find actionable insight for formulating future courses of action by integrating multiple objectives and perspectives. Therefore, multi-objective decision-making plays a critical role in businesses and industries. In this regard, the importance of Operations Research (OR) models and their applications enables the firms to derive optimum solutions subject to various constraints and/or objectives while considering multiple functional areas of the organizations together. Hence, researchers and practitioners have extensively applied OR models to solve various organizational issues related to manufacturing, service, supply chain and logistics management, human resource management, finance, and market analysis, among others. Further, OR models driven by AI have been enabled to provide intelligent decision-support frameworks for achieving sustainable development goals. The present issue provides a unique platform to showcase the contributions of the leading international experts on production systems and business from academia, industry, and government to discuss the issues in intelligent manufacturing, operations management, financial management, supply chain management, and Industry 4.0 in the Artificial Intelligence era. Some of the general (but not specific) scopes of this proceeding entail OR models such as Optimization and Control, Combinatorial Optimization, Queuing Theory, Resource Allocation Models, Linear and Nonlinear Programming Models, Multi-objective and multi-attribute Decision Models, Statistical Quality Control along with AI, Bayesian Data Analysis, Machine Learning and Econometrics and their applications vis-à-vis AI & Data-driven Production Management, Marketing and Retail Management, Financial Management, Human Resource Management, Operations Management, Smart Manufacturing & Industry 4.0, Supply Chain and Logistics Management, Digital Supply Network, Healthcare Administration, Inventory Management, consumer behavior, security analysis, and portfolio management and sustainability. The present issue shall be of interest to the faculty members, students, and scholars of various engineering and social science institutions and universities, along with the practitioners and policymakers of different industries and organizations.
Operations Research An Introduction
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Author : Hamdy A. Taha
language : en
Publisher:
Release Date : 2017
Operations Research An Introduction written by Hamdy A. Taha and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Operations research categories.
Operations Research provides a broad focus on algorithmic and practical implementation of Operations Research (OR) techniques, using theory, applications, and computations to teach students OR basics. The book can be used conveniently in a survey course that encompasses all the major tools of operations research, or in two separate courses on deterministic and probabilistic decision-making.
Advances In Operations Research Education
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Author : Jeroen Beliën
language : en
Publisher: Springer
Release Date : 2018-02-16
Advances In Operations Research Education written by Jeroen Beliën and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-02-16 with Education categories.
This edited monograph contains a comprehensive overview of educational developments in the fields of operations research (OR) and management science (MS). The book outlines key factors in OR/MS curricular programs and analyses different approaches regarding student enrollment and failure rates. The approach is genuinely international, whereas the focus lies on the European level. The target audience primarily comprises public policy planners in education, deans and school directors as well as program coordinators.
Operations Research
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Author : Hamdy A. Taha
language : en
Publisher:
Release Date : 2007
Operations Research written by Hamdy A. Taha and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Operations research categories.
The Science Of Decision Making
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Author : Eric V. Denardo
language : en
Publisher: John Wiley & Sons
Release Date : 2002
The Science Of Decision Making written by Eric V. Denardo 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 with Computers categories.
Provides the reader with a perspective on the efficient operation of complicated systems. * Spreadsheets are used to employ and teach techniques. * Includes the facets of probability that relate to decision making.
Linear And Nonlinear Optimization Using Spreadsheets Examples For Prescriptive Predictive And Descriptive Analytics
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Author : Michael J Brusco
language : en
Publisher: World Scientific
Release Date : 2024-10-08
Linear And Nonlinear Optimization Using Spreadsheets Examples For Prescriptive Predictive And Descriptive Analytics written by Michael J Brusco and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-10-08 with Business & Economics categories.
The use of spreadsheets to obtain solutions to a diverse array of examples offers a reader-friendly way of addressing a topic (optimization) that can sometimes be viewed as intimidating. Many people are readily familiar with spreadsheets and how they work, yet are apt to be unaware of the incredible power of Excel for solving some rather complex optimization problems. A major goal of the book is to sell readers on why it is so important to understand optimization, and a large collection of examples for a wide range of business decision making areas (e.g., production planning and scheduling, workforce planning and scheduling, location and supply chain distribution, location of emergency services, assembly line balancing, vehicle routing, project scheduling, revenue management, advertising, product design, payout schedules, productivity measurement, investment portfolio management, sports league scheduling, ranking models, etc.) affords a practical mechanism for achieving that goal. Another important contribution of the book is that it provides coverage of the mechanics of some common yet sophisticated statistical methods (regression, logistic regression, discriminant analysis, factor analysis, and cluster analysis), which are often opaque to many users of such methods.
Operations Research Calculations Handbook Second Edition
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Author : Dennis Blumenfeld
language : en
Publisher: CRC Press
Release Date : 2009-12-23
Operations Research Calculations Handbook Second Edition written by Dennis Blumenfeld and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-12-23 with Technology & Engineering categories.
A handbook in the truest sense of the word, the first edition of the Operations Research Calculations Handbook quickly became an indispensible resource. While other books available tend to give detailed information about specific topics, this one contains comprehensive information and results useful for real-world problem solving. Reflecting the breadth and depth of growth in the field, the scope of the second edition has been expanded to cover several additional topics. And as with the first edition, it focuses on presenting analytical results and formulas that allow quick calculations and provide understanding of system models. See what’s in the Second Edition: New chapters include Order Statistics, Traffic Flow and Delay, and Heuristic Search Methods New sections include Distance Norms, Hyper-Exponential and Hypo-Exponential Distributions Newly derived formulas and an expanded reference list Like its predecessor, the new edition of this handbook presents the analytical results and formulas needed in the scientific applications of operations research and management. It continues to provide quick calculations and insight into system performance. Presenting practical results and formulas without derivations, the material is organized by topic and offered in a concise format that allows ready-access to a wide range of results in a single volume. The field of operations research encompasses a growing number of technical areas, and uses analyses and techniques from a variety of branches of mathematics, statistics, and other scientific disciplines. And as the field continues to grow, there is an even greater need for key results to be summarized and easily accessible in one reference volume. Yet many of the important results and formulas are widely scattered among different textbooks and journals and are often hard to find in the midst of mathematical derivations. This book provides a one-stop resource for many important results and formulas needed in operations research and management science applications.