Applications Of Operational Research And Mathematical Models In Management

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Applications of Operational Research and Mathematical Models in Management

Author : Miltiadis Chalikias
Publisher : MDPI
ISBN 13 : 3039433806
Total Pages : 182 pages
Book Rating : 4.0/5 (394 download)

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Book Synopsis Applications of Operational Research and Mathematical Models in Management by : Miltiadis Chalikias

Download or read book Applications of Operational Research and Mathematical Models in Management written by Miltiadis Chalikias and published by MDPI. This book was released on 2020-11-17 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Applications of Operational Research and Mathematical Models in Management

Author : Miltiadis Chalikias
Publisher :
ISBN 13 : 9783039433810
Total Pages : 182 pages
Book Rating : 4.4/5 (338 download)

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Book Synopsis Applications of Operational Research and Mathematical Models in Management by : Miltiadis Chalikias

Download or read book Applications of Operational Research and Mathematical Models in Management written by Miltiadis Chalikias and published by . This book was released on 2020 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Applications of Operations Research and Management Science for Military Decision Making

Author : William P. Fox
Publisher : Springer Nature
ISBN 13 : 303020569X
Total Pages : 498 pages
Book Rating : 4.0/5 (32 download)

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Book Synopsis Applications of Operations Research and Management Science for Military Decision Making by : William P. Fox

Download or read book Applications of Operations Research and Management Science for Military Decision Making written by William P. Fox and published by Springer Nature. This book was released on 2019-08-28 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Author : H. A. Eiselt
Publisher : Springer Science & Business Media
ISBN 13 : 364210326X
Total Pages : 448 pages
Book Rating : 4.6/5 (421 download)

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Book Synopsis Operations Research by : H. A. Eiselt

Download or read book Operations Research written by H. A. Eiselt and published by Springer Science & Business Media. This book was released on 2010-05-17 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Author : Michael W. Carter
Publisher : CRC Press
ISBN 13 : 1351990632
Total Pages : 414 pages
Book Rating : 4.3/5 (519 download)

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Book Synopsis Operations Research by : Michael W. Carter

Download or read book Operations Research written by Michael W. Carter and published by CRC Press. This book was released on 2017-12-19 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: Students with diverse backgrounds will face a multitude of decisions in a variety of engineering, scientific, industrial, and financial settings. They will need to know how to identify problems that the methods of operations research (OR) can solve, how to structure the problems into standard mathematical models, and finally how to apply or develop computational tools to solve the problems. Perfect for any one-semester course in OR, Operations Research: A Practical Introduction answers all of these needs. In addition to providing a practical introduction and guide to using OR techniques, it includes a timely examination of innovative methods and practical issues related to the development and use of computer implementations. It provides a sound introduction to the mathematical models relevant to OR and illustrates the effective use of OR techniques with examples drawn from industrial, computing, engineering, and business applications Many students will take only one course in the techniques of Operations Research. Operations Research: A Practical Introduction offers them the greatest benefit from that course through a broad survey of the techniques and tools available for quantitative decision making. It will also encourage other students to pursue more advanced studies and provides you a concise, well-structured, vehicle for delivering the best possible overview of the discipline.

Operations Research Models and Methods

Author : Paul A. Jensen
Publisher : John Wiley & Sons
ISBN 13 : 0471380040
Total Pages : 708 pages
Book Rating : 4.4/5 (713 download)

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Book Synopsis Operations Research Models and Methods by : Paul A. Jensen

Download or read book Operations Research Models and Methods written by Paul A. Jensen and published by John Wiley & Sons. This book was released on 2002-10-08 with total page 708 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 and Management Science Handbook

Author : A. Ravi Ravindran
Publisher : CRC Press
ISBN 13 : 9780849397219
Total Pages : 898 pages
Book Rating : 4.3/5 (972 download)

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Book Synopsis Operations Research and Management Science Handbook by : A. Ravi Ravindran

Download or read book Operations Research and Management Science Handbook written by A. Ravi Ravindran and published by CRC Press. This book was released on 2007-12-05 with total page 898 pages. Available in PDF, EPUB and Kindle. Book excerpt: Operations Research (OR) began as an interdisciplinary activity to solve complex military problems during World War II. Utilizing principles from mathematics, engineering, business, computer science, economics, and statistics, OR has developed into a full fledged academic discipline with practical application in business, industry, government and military. Currently regarded as a body of established mathematical models and methods essential to solving complicated management issues, OR provides quantitative analysis of problems from which managers can make objective decisions. Operations Research and Management Science (OR/MS) methodologies continue to flourish in numerous decision making fields. Featuring a mix of international authors, Operations Research and Management Science Handbook combines OR/MS models, methods, and applications into one comprehensive, yet concise volume. The first resource to reach for when confronting OR/MS difficulties, this text – Provides a single source guide in OR/MS Bridges theory and practice Covers all topics relevant to OR/MS Offers a quick reference guide for students, researchers and practitioners Contains unified and up-to-date coverage designed and edited with non-experts in mind Discusses software availability for all OR/MS techniques Includes contributions from a mix of domestic and international experts The 26 chapters in the handbook are divided into two parts. Part I contains 14 chapters that cover the fundamental OR/MS models and methods. Each chapter gives an overview of a particular OR/MS model, its solution methods and illustrates successful applications. Part II of the handbook contains 11 chapters discussing the OR/MS applications in specific areas. They include airlines, e-commerce, energy systems, finance, military, production systems, project management, quality control, reliability, supply chain management and water resources. Part II ends with a chapter on the future of OR/MS applications.

Business Applications of Operations Research

Author : Bodhibrata Nag
Publisher : Business Expert Press
ISBN 13 : 1606495275
Total Pages : 160 pages
Book Rating : 4.6/5 (64 download)

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Book Synopsis Business Applications of Operations Research by : Bodhibrata Nag

Download or read book Business Applications of Operations Research written by Bodhibrata Nag and published by Business Expert Press. This book was released on 2013-12-09 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Operations Research is a bouquet of mathematical techniques which have evolved over the last six decades, to improve the process of business decision making. Operations Research offers tools to optimize and find the best solutions to myriad decisions that managers have to take in their day to day operations or while carrying out strategic planning. Today, with the advent of operations research software, these tools can be applied by managers even without any knowledge of the mathematical techniques that underlie the solution procedures. The book starts with a brief introduction to various tools of operations research, such as linear programming, integer programming, multi-objective programming, queuing theory and network theory together with simple examples in each of the areas. Another introductory chapter on handling the operations research software, along with examples is also provided. The book intends to make the readers aware of the power and potential of operations research in addressing decision making in areas of operations, supply chain, financial and marketing management. The approach of this book is to demonstrate the solution to specific problems in these areas using operations research techniques and software. The reader is encouraged to use the accompanying software models to solve these problems, using detailed do-it-yourself instructions. The intended outcome for readers of this book will be gaining familiarity and an intuitive understanding of the various tools of operations research and their applications to various business situations. It is expected that this will give the reader the ability and confidence to devise models for their own business needs.

Operational Research: Models and Methods

Author : Kasen Parker
Publisher : Larsen and Keller Education
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.8/5 (883 download)

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Book Synopsis Operational Research: Models and Methods by : Kasen Parker

Download or read book Operational Research: Models and Methods written by Kasen Parker and published by Larsen and Keller Education. This book was released on 2023-09-26 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Operational research is a field of study that involves mathematical analysis of problems in order to provide a quantitative basis for managerial decision-making in an organization. It encompasses the application of various mathematical models comprising mathematical relationships corresponding to real world relationships. Some of the commonly utilized methods in operational research include linear programming problems (LPP), sequencing, dynamic programming and integer programming. Linear programming is one of the major mathematical techniques used in management science to determine the most efficient use of available resources, such as time, money, equipment and labor. Dynamic programming is a mathematical technique utilized for solving different types of sequential decision problems. These techniques are applied in different areas of management, including allocation and distribution in projects, marketing, organizational behavior, finance, and research and development. This book provides a detailed explanation of operational research and mathematical models used in management. It presents researches and studies performed by experts across the globe. This book, with its detailed analyses and data, will prove immensely beneficial to professionals and students involved in the area of management science at various levels.

Mathematical Models in Operations Research

Author : J. K. Sharma
Publisher :
ISBN 13 : 9780074517529
Total Pages : 620 pages
Book Rating : 4.5/5 (175 download)

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Book Synopsis Mathematical Models in Operations Research by : J. K. Sharma

Download or read book Mathematical Models in Operations Research written by J. K. Sharma and published by . This book was released on 1989 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Fuzzy Information and Engineering and Decision

Author : Bing-Yuan Cao
Publisher : Springer
ISBN 13 : 3319665146
Total Pages : 458 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Fuzzy Information and Engineering and Decision by : Bing-Yuan Cao

Download or read book Fuzzy Information and Engineering and Decision written by Bing-Yuan Cao and published by Springer. This book was released on 2017-09-15 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces applications of mathematics and fuzzy mathematics in decision science, fuzzy geometric programming and fuzzy optimization as well as operations research and management, based on 44 research papers presented at three successful conferences: (1) The International Conference on Mathematics and Decision Science (ICMDS), September 12–15, 2016, Guangzhou University, Guangzhou, China (www.icodm2020.com). (2) Academic Conference on 30th Anniversary of Fuzzy Geometric Programming Advanced by Professor Cao Bingyuan and his 40 education years (ACFGPACE), July 30 to August 1, 2016, Guangzhou University, Guangzhou, China. (3) The third annual meeting of Guangdong Operational Research Society (TAMGORS), October 22–23, 2016, Foshan University, Guangdong, China. The book is a valuable resource for students, graduates, teachers and other professionals in the field of applied mathematics, artificial intelligence and computers, fuzzy systems and dec ision-making, as well as operations research and management.

Encyclopedia of Operations Research and Management Science

Author : Saul I. Gass
Publisher : Springer Science & Business Media
ISBN 13 : 079237827X
Total Pages : 969 pages
Book Rating : 4.7/5 (923 download)

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Book Synopsis Encyclopedia of Operations Research and Management Science by : Saul I. Gass

Download or read book Encyclopedia of Operations Research and Management Science written by Saul I. Gass and published by Springer Science & Business Media. This book was released on 2001 with total page 969 pages. Available in PDF, EPUB and Kindle. Book excerpt: Audience: Anyone concerned with the science, techniques and ideas of how decisions are made."--BOOK JACKET.

Supply Chain Management: Models, Applications, and Research Directions

Author : Joseph Geunes
Publisher : Springer Science & Business Media
ISBN 13 : 0306481723
Total Pages : 384 pages
Book Rating : 4.3/5 (64 download)

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Book Synopsis Supply Chain Management: Models, Applications, and Research Directions by : Joseph Geunes

Download or read book Supply Chain Management: Models, Applications, and Research Directions written by Joseph Geunes and published by Springer Science & Business Media. This book was released on 2006-02-28 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

A Long View of Research and Practice in Operations Research and Management Science

Author : ManMohan S. Sodhi
Publisher : Springer Science & Business Media
ISBN 13 : 1441968105
Total Pages : 300 pages
Book Rating : 4.4/5 (419 download)

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Book Synopsis A Long View of Research and Practice in Operations Research and Management Science by : ManMohan S. Sodhi

Download or read book A Long View of Research and Practice in Operations Research and Management Science written by ManMohan S. Sodhi and published by Springer Science & Business Media. This book was released on 2010-09-09 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the Foreword by Marshall Fisher, The Wharton School, University of Pennsylvania: As generation of academics and practitioners follows generation, it is worthwhile to compile long views of the research and practice in the past to shed light on research and practice going forward. This collection of peer-reviewed articles is intended to provide such a long view. This book contains a collection of chapters written by leading scholars/practitioners who have continued their efforts in developing and/or implementing innovative OR/MS tools for solving real world problems. In this book, the contributors share their perspectives about the past, present and future of OR/MS theoretical development, solution tools, modeling approaches, and applications. Specifically, this book collects chapters that offer insights about the following topics: • Survey articles taking a long view over the past two or more decades to arrive at the present state of the art while outlining ideas for future research. Surveys focus on use of a particular OR/MS approach, e.g., mathematical programming (LP, MILP, etc.) and solution methods for particular family of application, e.g., distribution system design, distribution planning system, health care. • Autobiographical or biographical accounts of how particular inventions (e.g., Structured Modeling) were made. These could include personal experiences in early development of OR/MS and an overview of what has happened since. • Development of OR/MS mathematical tools (e.g., stochastic programming, optimization theory). • Development of OR/MS in a particular industry sector such as global supply chain management. • Modeling systems for OR/MS and their development over time as well as speculation on future development (e.g., LINDO, LINGO, and What’sBest!) • New applications of OR/MS models (e.g., happiness) The target audience of this book is young researchers, graduate/advanced undergraduate students from OR/MS and related fields like computer science, engineering, and management as well as practitioners who want to understand how OR/MS modeling came about over the past few decades and what research topics or modeling approaches they could pursue in research or application.

Community-Based Operations Research

Author : Michael P. Johnson
Publisher : Springer Science & Business Media
ISBN 13 : 9781461408062
Total Pages : 340 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Community-Based Operations Research by : Michael P. Johnson

Download or read book Community-Based Operations Research written by Michael P. Johnson and published by Springer Science & Business Media. This book was released on 2011-09-18 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume is an introduction to diverse methods and applications in operations research focused on local populations and community-based organizations that have the potential to improve the lives of individuals and communities in tangible ways. The book's themes include: space, place and community; disadvantaged, underrepresented or underserved populations; international and transnational applications; multimethod, cross-disciplinary and comparative approaches and appropriate technology; and analytics. The book is comprised of eleven original submissions, a re-print of a 2007 article by Johnson and Smilowitz that introduces CBOR, and an introductory chapter that provides policy motivation, antecedents to CBOR in OR/MS, a theory of CBOR and a comprehensive review of the chapters. It is hoped that this book will provide a resource to academics and practitioners who seek to develop methods and applications that bridge the divide between traditional OR/MS rooted in mathematical models and newer streams in 'soft OR' that emphasize problem structuring methods, critical approaches to OR/MS and community engagement and capacity-building.

Selected Methods and Models in Military Operations Research

Author : Peter W. Zehna
Publisher :
ISBN 13 : 9781410223241
Total Pages : 428 pages
Book Rating : 4.2/5 (232 download)

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Book Synopsis Selected Methods and Models in Military Operations Research by : Peter W. Zehna

Download or read book Selected Methods and Models in Military Operations Research written by Peter W. Zehna and published by . This book was released on 2005 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: The growth of operations research during the past several years has been phenomenal. Throughout its evolution, military problems have continually nourished the subject matter and provided interesting sources of research for its further development. As a consequence, military research organizations such as the Office of Naval Research have historically furnished the major support for work on the basic foundations of mathematics and management science necessary to the continued growth of operations research. Beginning with one or two basic textbooks in the early 1950's, most of the tools and techniques of this field have been found in specialized textbooks and the open literature. Recently several new and comprehensive textbooks became available for the classroom training of operations researchers at all levels. This is not surprising, since separate departments of operations research have been formed at various colleges and universities and now provide an opportunity for major study in this field at both the undergraduate and graduate levels. By and large the textbooks now available are not particularly oriented toward military applications, and a need for such a book appears to exist. This book has been written with a view toward filling that need. Its main purpose is to provide orientation for the practitioner who is interested in problem areas that have direct bearing on military applications. It is not a basic textbook designed to train an operations researcher in a comprehensive fashion, although certainly some of the material is amenable to classroom use. On the other hand, it is not a collection of isolated research papers. Rather, as the title indicates, it is an illustration ofthe basic tools and techniques used in solving certain problems of a military nature and application. Several areas have been explored in some detail, although certainly not every conceivable application or area is covered. Also, some applications are presented in terms that are broader than a specific military use. The coordinating theme of the book is the exploitation of mathematical models in the investigation of problems. For this reason the book begins with an extensive discussion of the various aspects of a mathematical model and its role in operations research. A case is made for the place of abstraction in the study of models and is illustrated with the simpler aspects of a Boolean algebra. Following this a rather comprehensive survey of probability and statistics is provided, emphasizing those points that are particularly significant for studying models. The book then proceeds through a variety of models from very specialized problems through search theory, simulation, and finally, inventory and reliability models. It then closes with a broad discussion of systems analysis.

Operations Research

Author : Jay E. Aronson
Publisher : IAP
ISBN 13 : 1607529254
Total Pages : 393 pages
Book Rating : 4.6/5 (75 download)

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Book Synopsis Operations Research by : Jay E. Aronson

Download or read book Operations Research written by Jay E. Aronson and published by IAP. This book was released on 2009-04-01 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.