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Operations Research For Business
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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 455 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.
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 128 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.
Book Synopsis Basic Business Analysis and Operations Research by : R H Mole
Download or read book Basic Business Analysis and Operations Research written by R H Mole and published by Elsevier. This book was released on 2013-10-22 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: BASIC Business Analysis and Operations Research discusses how the Beginners All-purpose Symbolic Instruction Code (BASIC) can be utilized in business analysis. The book is comprised of seven chapters that tackle various topics about BASIC and business analysis. Chapters 1 and 2 provide an overview of BASIC and Operations Research. Chapter 3 covers index numbers and provides an introduction to programming in structured BASIC. The book also presents programs for Data Fitting, and then describes how a simple program can be developed to include progressive complexity. The programs for a range of computational tasks are also presented. The book also tackles Markov chains in the context of policies for preventative maintenance. The text will be of great use to undergraduate students of management, computer, technology, and science.
Book Synopsis Operations Research and Health Care by : Margaret L. Brandeau
Download or read book Operations Research and Health Care written by Margaret L. Brandeau and published by Springer Science & Business Media. This book was released on 2006-04-04 with total page 870 pages. Available in PDF, EPUB and Kindle. Book excerpt: In both rich and poor nations, public resources for health care are inadequate to meet demand. Policy makers and health care providers must determine how to provide the most effective health care to citizens using the limited resources that are available. This chapter describes current and future challenges in the delivery of health care, and outlines the role that operations research (OR) models can play in helping to solve those problems. The chapter concludes with an overview of this book – its intended audience, the areas covered, and a description of the subsequent chapters. KEY WORDS Health care delivery, Health care planning HEALTH CARE DELIVERY: PROBLEMS AND CHALLENGES 3 1.1 WORLDWIDE HEALTH: THE PAST 50 YEARS Human health has improved significantly in the last 50 years. In 1950, global life expectancy was 46 years [1]. That figure rose to 61 years by 1980 and to 67 years by 1998 [2]. Much of these gains occurred in low- and middle-income countries, and were due in large part to improved nutrition and sanitation, medical innovations, and improvements in public health infrastructure.
Book Synopsis Profiles in Operations Research by : Arjang A. Assad
Download or read book Profiles in Operations Research written by Arjang A. Assad and published by Springer Science & Business Media. This book was released on 2011-06-28 with total page 866 pages. Available in PDF, EPUB and Kindle. Book excerpt: Profiles in Operations Research: Pioneers and Innovators recounts the development of the field of Operations Research (OR), the science of decision making. The book traces the development of OR from its military origins to a mature discipline that is recognized worldwide for its contributions to managerial planning and complex global operations. Over the past six decades, OR analyses have impacted our daily lives: when making an airline or hotel reservation, waiting in line at a bank, getting the correctly blended fuel at the gas station, and ensuring that the book you are holding arrived at its destination on time. OR originated in the late 1930s when British scientists from various disciplines joined Royal Air Force officers to determine the most effective way to employ new radar technology for intercepting enemy aircraft. During World War II, similar applied research groups were formed to study, test, and evaluate military operations on both sides of the Atlantic. Their work resulted in great improvements—OR helped the Allies win the war. The scientific field that emerged from these studies was called operational research in the U.K. and operations research in the U.S. Today, OR provides a broad and powerful science to aid decision making. Profiles describes the lives and contributions of 43 OR pioneers and innovators and relates how these individuals, with varying backgrounds and diverse interests, were drawn to the nascent field of OR. The profiles also describe how OR techniques and applications expanded considerably beyond the military context to find new domains in business and industry. In addition to their scientific contributions, these profiles capture the life stories of the individuals—interwoven with personal tales, vivid vignettes, family backgrounds, and views of the mission and future of OR. Collectively, the profiles recount the fascinating story of the growth and development of a field enriched by the convergence of different disciplines. The Editors: Arjang A. Assad is Dean of the School of Management, University at Buffalo, State University of New York. Saul I. Gass is Professor Emeritus, Department of Decision, Operations & Information Technologies, Smith School of Business, University of Maryland, College Park. From the Reviews Profiles In Operations Research: Pioneers and Innovators. Book Review by Nigel Cummings: U.K. OR Society's e-journal, Inside OR., Sept 2011. "I can thoroughly recommend this book. I found it both enlighteningand undeniably gripping, so much so in fact, you may find it difficultto put it down once you have commenced reading it. Arjang A. Assad and Saul I. Gass have created a masterwork whichwill serve to immortalise [stet] the pioneers of O.R. for many years to come." *For a list of all known typos, plus further discussion on the book, please visit http://profilesinoperationsresearch.com.
Book Synopsis Military Operations Research by : N.K. Jaiswal
Download or read book Military Operations Research written by N.K. Jaiswal and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Operations Research (OR) emerged in an effort to improve the effectiveness of newly inducted weapons and equipment during World War II. While rapid growth ofOR led to its becoming an important aid to decision making in all sectors including defense, its contribution in defense remained largely confined to classified reports. Very few books dealing with applications of quantitative decision making techniques in military have been published presumably due to limited availability ofrelevant information. The situation changed rapidly during the last few years. The recognition of the subject of Military Operations Research (MOR) gave tremendous boost to its development. Books and journals on MOR started appearing. The number of sessions on MOR at national and international conferences also registered an increase. The volume of teaching, training and research activities in the field of MOR at military schools and non-military schools enhanced considerably. Military executives and commanders started taking increasing interest in getting scientific answers to questions pertaining to weapon acquisition, threat perception and quantification, assessment of damage or casualties, evaluation of chance of winning a battle, force mix, deployment and targeting of weapons against enemy targets, war games and scenario evaluation. Most of these problems were being tackled on the basis of intuition, judgment and experience or analysis under very simple assumptions. In an increasingly sophisticated and complex defense scenario resulting in advances in equipment and communications, the need for supplementing these practices by scientific research in MOR became imperative.
Book Synopsis Operations Research by : Michael Carter
Download or read book Operations Research written by Michael Carter and published by CRC Press. This book was released on 2018-08-06 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: Operations Research: A Practical Introduction is just that: a hands-on approach to the field of operations research (OR) and a useful guide for using OR techniques in scientific decision making, design, analysis and management. The text accomplishes two goals. First, it provides readers with an introduction to standard mathematical models and algorithms. Second, it is a thorough examination of practical issues relevant to the development and use of computational methods for problem solving. Highlights: All chapters contain up-to-date topics and summaries A succinct presentation to fit a one-term course Each chapter has references, readings, and list of key terms Includes illustrative and current applications New exercises are added throughout the text Software tools have been updated with the newest and most popular software Many students of various disciplines such as mathematics, economics, industrial engineering and computer science often take one course in operations research. This book is written to provide a succinct and efficient introduction to the subject for these students, while offering a sound and fundamental preparation for more advanced courses in linear and nonlinear optimization, and many stochastic models and analyses. It provides relevant analytical tools for this varied audience and will also serve professionals, corporate managers, and technical consultants.
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 2016-04-19 with total page 900 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 m
Book Synopsis Operations Research: Introduction To Models And Methods by : Richard Johannes Boucherie
Download or read book Operations Research: Introduction To Models And Methods written by Richard Johannes Boucherie and published by World Scientific. This book was released on 2021-10-26 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: This attractive textbook with its easy-to-follow presentation provides a down-to-earth introduction to operations research for students in a wide range of fields such as engineering, business analytics, mathematics and statistics, computer science, and econometrics. It is the result of many years of teaching and collective feedback from students.The book covers the basic models in both deterministic and stochastic operations research and is a springboard to more specialized texts, either practical or theoretical. The emphasis is on useful models and interpreting the solutions in the context of concrete applications.The text is divided into several parts. The first three chapters deal exclusively with deterministic models, including linear programming with sensitivity analysis, integer programming and heuristics, and network analysis. The next three chapters primarily cover basic stochastic models and techniques, including decision trees, dynamic programming, optimal stopping, production planning, and inventory control. The final five chapters contain more advanced material, such as discrete-time and continuous-time Markov chains, Markov decision processes, queueing models, and discrete-event simulation.Each chapter contains numerous exercises, and a large selection of exercises includes solutions.
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 2012-12-06 with total page 774 pages. Available in PDF, EPUB and Kindle. Book excerpt: Operations Research: 1934-1941," 35, 1, 143-152; "British The goal of the Encyclopedia of Operations Research and Operational Research in World War II," 35, 3, 453-470; Management Science is to provide to decision makers and "U. S. Operations Research in World War II," 35, 6, 910-925; problem solvers in business, industry, government and and the 1984 article by Harold Lardner that appeared in academia a comprehensive overview of the wide range of Operations Research: "The Origin of Operational Research," ideas, methodologies, and synergistic forces that combine to 32, 2, 465-475. form the preeminent decision-aiding fields of operations re search and management science (OR/MS). To this end, we The Encyclopedia contains no entries that define the fields enlisted a distinguished international group of academics of operations research and management science. OR and MS and practitioners to contribute articles on subjects for are often equated to one another. If one defines them by the which they are renowned. methodologies they employ, the equation would probably The editors, working with the Encyclopedia's Editorial stand inspection. If one defines them by their historical Advisory Board, surveyed and divided OR/MS into specific developments and the classes of problems they encompass, topics that collectively encompass the foundations, applica the equation becomes fuzzy. The formalism OR grew out of tions, and emerging elements of this ever-changing field. We the operational problems of the British and U. s. military also wanted to establish the close associations that OR/MS efforts in World War II.
Book Synopsis Management Science, Logistics, and Operations Research by : Wang, John
Download or read book Management Science, Logistics, and Operations Research written by Wang, John and published by IGI Global. This book was released on 2013-09-30 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book examines related research in decision, management, and other behavioral sciences in order to exchange and collaborate on information among business, industry, and government, providing innovative theories and practices in operations research"--Provided by publisher.
Book Synopsis Selected solutions for operations research for business by : Roger D. Eck
Download or read book Selected solutions for operations research for business written by Roger D. Eck and published by . This book was released on 1976 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Management Science by : Stafford Beer
Download or read book Management Science written by Stafford Beer and published by Garden City, N.Y. : Doubleday, 1968 [c1967]. This book was released on 1968 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph on scientific management - covers automation, cybernetics, computers, managers, operational research, simulation, etc.
Book Synopsis Operations Research Applications by : A. Ravi Ravindran
Download or read book Operations Research Applications written by A. Ravi Ravindran and published by CRC Press. This book was released on 2008-11-12 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: As operations research (OR) applications continue to grow and flourish in a number of decision making fields, a reference that is comprehensive, concise, and easy to read is more than a nicety, it is a necessity. This book provides a single volume overview of OR applications in practice, making it the first resource a practitioner would reach for w
Book Synopsis Operations Research by : Wayne L. Winston
Download or read book Operations Research written by Wayne L. Winston and published by Duxbury Resource Center. This book was released on 1987 with total page 1050 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Business Operational Research and Reports by : John George Glover
Download or read book Business Operational Research and Reports written by John George Glover and published by . This book was released on 1949 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 308 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.
