Stochastic Modeling and Optimization of Manufacturing Systems and Supply Chains

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Publisher : Springer Science & Business Media
ISBN 13 : 1461503736
Total Pages : 413 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Stochastic Modeling and Optimization of Manufacturing Systems and Supply Chains by : J. George Shanthikumar

Download or read book Stochastic Modeling and Optimization of Manufacturing Systems and Supply Chains written by J. George Shanthikumar and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume originates from two workshops, both focusing on themes that are reflected in the title of the volume. The first workshop took place at Eindhoven University of Technology, April 24-26, 2001, on the occasion of the University granting a doctorate honoris causa to Profes sor John A. Buzacott. The second workshop was held on June 15, 2002 at Cornell University (preceding the annual INFORMSjMSOM Confer ence), honoring John's retirement and his lifetime contributions. Each of the two workshops consisted of about a dozen technical presentations. The objective of the volume, however, is not to simply publish the proceedings of the two workshops. Rather, our objective is to put to gether a select set of articles, each organized into a well-written chapter, focusing on a timely topic. Collected into a single volume, these chapters aim to serve as a useful reference for researchers and practitioners alike, and also as reading materials for graduate courses or seminars.

Handbook of Stochastic Models and Analysis of Manufacturing System Operations

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Publisher : Springer Science & Business Media
ISBN 13 : 1461467772
Total Pages : 397 pages
Book Rating : 4.4/5 (614 download)

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Book Synopsis Handbook of Stochastic Models and Analysis of Manufacturing System Operations by : J. MacGregor Smith

Download or read book Handbook of Stochastic Models and Analysis of Manufacturing System Operations written by J. MacGregor Smith and published by Springer Science & Business Media. This book was released on 2013-05-17 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook surveys important stochastic problems and models in manufacturing system operations and their stochastic analysis. Using analytical models to design and control manufacturing systems and their operations entail critical stochastic performance analysis as well as integrated optimization models of these systems. Topics deal with the areas of facilities planning, transportation, and material handling systems, logistics and supply chain management, and integrated productivity and quality models covering: • Stochastic modeling and analysis of manufacturing systems • Design, analysis, and optimization of manufacturing systems • Facilities planning, transportation, and material handling systems analysis • Production planning, scheduling systems, management, and control • Analytical approaches to logistics and supply chain management • Integrated productivity and quality models, and their analysis • Literature surveys of issues relevant in manufacturing systems • Case studies of manufacturing system operations and analysis Today’s manufacturing system operations are becoming increasingly complex. Advanced knowledge of best practices for treating these problems is not always well known. The purpose of the book is to create a foundation for the development of stochastic models and their analysis in manufacturing system operations. Given the handbook nature of the volume, introducing basic principles, concepts, and algorithms for treating these problems and their solutions is the main intent of this handbook. Readers unfamiliar with these research areas will be able to find a research foundation for studying these problems and systems.

Stochastic Modeling and Optimization

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Publisher : Springer Science & Business Media
ISBN 13 : 0387217576
Total Pages : 472 pages
Book Rating : 4.3/5 (872 download)

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Book Synopsis Stochastic Modeling and Optimization by : David D. Yao

Download or read book Stochastic Modeling and Optimization written by David D. Yao and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: This books covers the broad range of research in stochastic models and optimization. Applications presented include networks, financial engineering, production planning, and supply chain management. Each contribution is aimed at graduate students working in operations research, probability, and statistics.

Stochastic Modeling of Manufacturing Systems

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Publisher : Springer Science & Business Media
ISBN 13 : 3540290575
Total Pages : 363 pages
Book Rating : 4.5/5 (42 download)

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Book Synopsis Stochastic Modeling of Manufacturing Systems by : George Liberopoulos

Download or read book Stochastic Modeling of Manufacturing Systems written by George Liberopoulos and published by Springer Science & Business Media. This book was released on 2005-12-12 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: Manufacturing systems rarely perform exactly as expected and predicted. Unexpected events, such as order changes, equipment failures and product defects, affect the performance of the system and complicate decision-making. This volume is devoted to the development of analytical methods aiming at responding to variability in a way that limits its corrupting effects on system performance. The book includes fifteen novel chapters that mostly focus on the development and analysis of performance evaluation models of manufacturing systems using decomposition-based methods, Markovian and queuing analysis, simulation, and inventory control approaches. They are organized into four distinct sections to reflect their shared viewpoints: factory design, unreliable production lines, queuing network models, production planning and assembly.

Stochastic Modeling and Analysis of Manufacturing Systems

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Publisher : Springer Science & Business Media
ISBN 13 : 1461226708
Total Pages : 369 pages
Book Rating : 4.4/5 (612 download)

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Book Synopsis Stochastic Modeling and Analysis of Manufacturing Systems by : David D. Yao

Download or read book Stochastic Modeling and Analysis of Manufacturing Systems written by David D. Yao and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Manufacturing systems have become increasingly complex over recent years. This volume presents a collection of chapters which reflect the recent developments of probabilistic models and methodologies that have either been motivated by manufacturing systems research or been demonstrated to have significant potential in such research. The editor has invited a number of leading experts to present detailed expositions of specific topics. These include: Jackson networks, fluid models, diffusion and strong approximations, the GSMP framework, stochastic convexity and majorization, perturbation analysis, scheduling via Brownian models, and re-entrant lines and dynamic scheduling. Each chapter has been written with graduate students in mind, and several have been used in graduate courses that teach the modeling and analysis of manufacturing systems.

Optimal Control and Optimization of Stochastic Supply Chain Systems

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Publisher : Springer Science & Business Media
ISBN 13 : 1447147243
Total Pages : 282 pages
Book Rating : 4.4/5 (471 download)

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Book Synopsis Optimal Control and Optimization of Stochastic Supply Chain Systems by : Dong-Ping Song

Download or read book Optimal Control and Optimization of Stochastic Supply Chain Systems written by Dong-Ping Song and published by Springer Science & Business Media. This book was released on 2012-11-29 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Optimal Control and Optimization of Stochastic Supply Chain Systems examines its subject the context of the presence of a variety of uncertainties. Numerous examples with intuitive illustrations and tables are provided, to demonstrate the structural characteristics of the optimal control policies in various stochastic supply chains and to show how to make use of these characteristics to construct easy-to-operate sub-optimal policies. In Part I, a general introduction to stochastic supply chain systems is provided. Analytical models for various stochastic supply chain systems are formulated and analysed in Part II. In Part III the structural knowledge of the optimal control policies obtained in Part II is utilized to construct easy-to-operate sub-optimal control policies for various stochastic supply chain systems accordingly. Finally, Part IV discusses the optimisation of threshold-type control policies and their robustness. A key feature of the book is its tying together of the complex analytical models produced by the requirements of operational practice, and the simple solutions needed for implementation. The analytical models and theoretical analysis propounded in this monograph will be of benefit to academic researchers and graduate students looking at logistics and supply chain management from standpoints in operations research or industrial, manufacturing, or control engineering. The practical tools and solutions and the qualitative insights into the ideas underlying functional supply chain systems will be of similar use to readers from more industrially-based backgrounds.

Analysis and Modeling of Manufacturing Systems

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Publisher : Springer Science & Business Media
ISBN 13 : 1461510198
Total Pages : 443 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Analysis and Modeling of Manufacturing Systems by : Stanley B. Gershwin

Download or read book Analysis and Modeling of Manufacturing Systems written by Stanley B. Gershwin and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analysis and Modeling of Manufacturing Systems is a set of papers on some of the newest research and applications of mathematical and computational techniques to manufacturing systems and supply chains. These papers deal with fundamental questions (how to predict factory performance: how to operate production systems) and explicitly treat the stochastic nature of failures, operation times, demand, and other important events. Analysis and Modeling of Manufacturing Systems will be of interest to readers with a strong background in operations research, including researchers and mathematically sophisticated practitioners.

Level Crossing Methods in Stochastic Models

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Publisher : Springer Science & Business Media
ISBN 13 : 0387094210
Total Pages : 502 pages
Book Rating : 4.3/5 (87 download)

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Book Synopsis Level Crossing Methods in Stochastic Models by : Percy H. Brill

Download or read book Level Crossing Methods in Stochastic Models written by Percy H. Brill and published by Springer Science & Business Media. This book was released on 2008-12-03 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt: From 1972 to 1974, I was working on a PhD thesis entitled Multiple Server Queues with Service Time Depending on Waiting Time.The method of analysis was the embedded Markov chain technique, described in the papers [82] and [77]. My analysis involved lengthy, tedious deri- tions of systems of integral equations for the probability density function (pdf) of the waiting time. After pondering for many months whether there might be a faster, easier way to derive the integral equations, I ?nally discovered the basic theorems for such a method in August, 1974. The theorems establish a connection between sample-path level-crossing rates of the virtual wait process and the pdf of the waiting time. This connection was not found anywhere else in the literature at the time. I immediately developed a comprehensive new methodology for deriving the integral equations based on these theorems, and called it system point theory. (Subsequently it was called system point method,or system point level crossing method: SPLC or simply LC.) I rewrote the entire PhD thesis from November 1974 to March 1975, using LC to reach solutions. The new thesis was called System Point Theory in Exponential Queues. On June 12, 1975 I presented an invited talk on the new methodology at the Fifth Conference on Stochastic Processes and their Applications at the University of Maryland. Many queueing theorists were present.

Stochastic Simulation Optimization for Discrete Event Systems

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Publisher : World Scientific
ISBN 13 : 9814513024
Total Pages : 274 pages
Book Rating : 4.8/5 (145 download)

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Book Synopsis Stochastic Simulation Optimization for Discrete Event Systems by : Chun-Hung Chen

Download or read book Stochastic Simulation Optimization for Discrete Event Systems written by Chun-Hung Chen and published by World Scientific. This book was released on 2013-07-03 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discrete event systems (DES) have become pervasive in our daily lives. Examples include (but are not restricted to) manufacturing and supply chains, transportation, healthcare, call centers, and financial engineering. However, due to their complexities that often involve millions or even billions of events with many variables and constraints, modeling these stochastic simulations has long been a “hard nut to crack”. The advance in available computer technology, especially of cluster and cloud computing, has paved the way for the realization of a number of stochastic simulation optimization for complex discrete event systems. This book will introduce two important techniques initially proposed and developed by Professor Y C Ho and his team; namely perturbation analysis and ordinal optimization for stochastic simulation optimization, and present the state-of-the-art technology, and their future research directions. Contents:Part I: Perturbation Analysis:The IPA Calculus for Hybrid SystemsSmoothed Perturbation Analysis: A Retrospective and Prospective LookPerturbation Analysis and Variance Reduction in Monte Carlo SimulationAdjoints and AveragingInfinitesimal Perturbation Analysis and Optimization AlgorithmsSimulation-based Optimization of Failure-prone Continuous Flow LinesPerturbation Analysis, Dynamic Programming, and BeyondPart II: Ordinal Optimization:Fundamentals of Ordinal OptimizationOptimal Computing Budget Allocation FrameworkNested PartitionsApplications of Ordinal Optimization Readership: Professionals in industrial and systems engineering, graduate reference for probability & statistics, stochastic analysis and general computer science, and research. Keywords:Simulation;Optimization;Stochastic Systems;Discrete-Even Systems;Perturbation Analysis;Ordinal Optimization

Handbook of Quantitative Supply Chain Analysis

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Publisher : Taylor & Francis
ISBN 13 : 9781402079528
Total Pages : 840 pages
Book Rating : 4.0/5 (795 download)

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Book Synopsis Handbook of Quantitative Supply Chain Analysis by : David Simchi-Levi

Download or read book Handbook of Quantitative Supply Chain Analysis written by David Simchi-Levi and published by Taylor & Francis. This book was released on 2004-05-31 with total page 840 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook is a comprehensive research reference that is essential for anyone interested in conducting research in supply chain. Unique features include: -A focus on the intersection of quantitative supply chain analysis and E-Business, -Unlike other edited volumes in the supply chain area, this is a handbook rather than a collection of research papers. Each chapter was written by one or more leading researchers in the area. These authors were invited on the basis of their scholarly expertise and unique insights in a particular sub-area, -As much attention is given to looking back as to looking forward. Most chapters discuss at length future research needs and research directions from both theoretical and practical perspectives, -Most chapters describe in detail the quantitative models used for analysis and the theoretical underpinnings; many examples and case studies are provided to demonstrate how the models and the theoretical insights are relevant to real situations, -Coverage of most state-of-the-art business practices in supply chain management.

Supply Chain Games: Operations Management and Risk Valuation

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Publisher : Springer Science & Business Media
ISBN 13 : 0387727760
Total Pages : 515 pages
Book Rating : 4.3/5 (877 download)

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Book Synopsis Supply Chain Games: Operations Management and Risk Valuation by : Konstantin Kogan

Download or read book Supply Chain Games: Operations Management and Risk Valuation written by Konstantin Kogan and published by Springer Science & Business Media. This book was released on 2007-09-05 with total page 515 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today’s global economy, operations strategy in supply chains must assume an ever-expanding and strategic role of risks. These operational and strategic facets entail a brand new set of operational problems and risks that have not always been understood or managed very well. This book provides the means to understand, to model and to analyze these outstanding issues and problems that are the essential elements in managing supply chains today.

Building Supply Chain Excellence in Emerging Economies

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Publisher : Springer Science & Business Media
ISBN 13 : 0387384294
Total Pages : 468 pages
Book Rating : 4.3/5 (873 download)

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Book Synopsis Building Supply Chain Excellence in Emerging Economies by : Hau L. Lee

Download or read book Building Supply Chain Excellence in Emerging Economies written by Hau L. Lee and published by Springer Science & Business Media. This book was released on 2007-12-14 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book will help readers to better manage supply chains in emerging economics. It addresses a host of issues and challenges, from infrastructure constraints and the logistics inefficiencies to contributing to the social and environmental developments of emerging economies. Innovative approaches are outlined and illustrated with examples of real-world experiences by progressive companies and thought leaders.

Large Scale Optimization in Supply Chains and Smart Manufacturing

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Publisher : Springer Nature
ISBN 13 : 303022788X
Total Pages : 282 pages
Book Rating : 4.0/5 (32 download)

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Book Synopsis Large Scale Optimization in Supply Chains and Smart Manufacturing by : Jesús M. Velásquez-Bermúdez

Download or read book Large Scale Optimization in Supply Chains and Smart Manufacturing written by Jesús M. Velásquez-Bermúdez and published by Springer Nature. This book was released on 2019-09-06 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, theory of large scale optimization is introduced with case studies of real-world problems and applications of structured mathematical modeling. The large scale optimization methods are represented by various theories such as Benders’ decomposition, logic-based Benders’ decomposition, Lagrangian relaxation, Dantzig –Wolfe decomposition, multi-tree decomposition, Van Roy’ cross decomposition and parallel decomposition for mathematical programs such as mixed integer nonlinear programming and stochastic programming. Case studies of large scale optimization in supply chain management, smart manufacturing, and Industry 4.0 are investigated with efficient implementation for real-time solutions. The features of case studies cover a wide range of fields including the Internet of things, advanced transportation systems, energy management, supply chain networks, service systems, operations management, risk management, and financial and sales management. Instructors, graduate students, researchers, and practitioners, would benefit from this book finding the applicability of large scale optimization in asynchronous parallel optimization, real-time distributed network, and optimizing the knowledge-based expert system for convex and non-convex problems.

Inventory and Supply Chain Management with Forecast Updates

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Publisher : Springer Science & Business Media
ISBN 13 : 0387256636
Total Pages : 302 pages
Book Rating : 4.3/5 (872 download)

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Book Synopsis Inventory and Supply Chain Management with Forecast Updates by : Suresh P. Sethi

Download or read book Inventory and Supply Chain Management with Forecast Updates written by Suresh P. Sethi and published by Springer Science & Business Media. This book was released on 2006-03-30 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: Real problems are formulated into tractable mathematical models, which allow for an analysis of various approaches. Attention is focused on solutions. Provides a unified treatment of the models discussed , presents a critique of the existing results, and points out potential research directions.

Inventory Control

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Publisher : Springer
ISBN 13 : 3319157299
Total Pages : 268 pages
Book Rating : 4.3/5 (191 download)

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Book Synopsis Inventory Control by : Sven Axsäter

Download or read book Inventory Control written by Sven Axsäter and published by Springer. This book was released on 2015-07-06 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: This third edition, which has been fully updated and now includes improved and extended explanations, is suitable as a core textbook as well as a source book for industry practitioners. It covers traditional approaches for forecasting, lot sizing, determination of safety stocks and reorder points, KANBAN policies and Material Requirements Planning. It also includes recent advances in inventory theory, for example, new techniques for multi-echelon inventory systems and Roundy's 98 percent approximation. The book also considers methods for coordinated replenishments of different items, and various practical issues in connection with industrial implementation. Other topics covered in Inventory Control include: alternative forecasting techniques, material on different stochastic demand processes and how they can be fitted to empirical data, generalized treatment of single-echelon periodic review systems, capacity constrained lot sizing, short sections on lateral transshipments and on remanufacturing, coordination and contracts. As noted, the explanations have been improved throughout the book and the text also includes problems, with solutions in an appendix.

Scheduling in Supply Chains Using Mixed Integer Programming

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Publisher : John Wiley & Sons
ISBN 13 : 1118029100
Total Pages : 397 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis Scheduling in Supply Chains Using Mixed Integer Programming by : Tadeusz Sawik

Download or read book Scheduling in Supply Chains Using Mixed Integer Programming written by Tadeusz Sawik and published by John Wiley & Sons. This book was released on 2011-08-08 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: A unified, systematic approach to applying mixed integer programming solutions to integrated scheduling in customer-driven supply chains Supply chain management is a rapidly developing field, and the recent improvements in modeling, preprocessing, solution algorithms, and mixed integer programming (MIP) software have made it possible to solve large-scale MIP models of scheduling problems, especially integrated scheduling in supply chains. Featuring a unified and systematic presentation, Scheduling in Supply Chains Using Mixed Integer Programming provides state-of-the-art MIP modeling and solutions approaches, equipping readers with the knowledge and tools to model and solve real-world supply chain scheduling problems in make-to-order manufacturing. Drawing upon the author's own research, the book explores MIP approaches and examples-which are modeled on actual supply chain scheduling problems in high-tech industries-in three comprehensive sections: Short-Term Scheduling in Supply Chains presents various MIP models and provides heuristic algorithms for scheduling flexible flow shops and surface mount technology lines, balancing and scheduling of Flexible Assembly Lines, and loading and scheduling of Flexible Assembly Systems Medium-Term Scheduling in Supply Chains outlines MIP models and MIP-based heuristic algorithms for supplier selection and order allocation, customer order acceptance and due date setting, material supply scheduling, and medium-term scheduling and rescheduling of customer orders in a make-to-order discrete manufacturing environment Coordinated Scheduling in Supply Chains explores coordinated scheduling of manufacturing and supply of parts as well as the assembly of products in supply chains with a single producer and single or multiple suppliers; MIP models for a single- or multiple-objective decision making are also provided Two main decision-making approaches are discussed and compared throughout. The integrated (simultaneous) approach, in which all required decisions are made simultaneously using complex, monolithic MIP models; and the hierarchical (sequential) approach, in which the required decisions are made successively using hierarchies of simpler and smaller-sized MIP models. Throughout the book, the author provides insight on the presented modeling tools using AMPL® modeling language and CPLEX solver. Scheduling in Supply Chains Using Mixed Integer Programming is a comprehensive resource for practitioners and researchers working in supply chain planning, scheduling, and management. The book is also appropriate for graduate- and PhD-level courses on supply chains for students majoring in management science, industrial engineering, operations research, applied mathematics, and computer science.

Consumer-Driven Demand and Operations Management Models

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Publisher : Springer Science & Business Media
ISBN 13 : 0387980261
Total Pages : 488 pages
Book Rating : 4.3/5 (879 download)

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Book Synopsis Consumer-Driven Demand and Operations Management Models by : Serguei Netessine

Download or read book Consumer-Driven Demand and Operations Management Models written by Serguei Netessine and published by Springer Science & Business Media. This book was released on 2009-06-02 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important book is by top scholars in supply chain management, revenue management, and e-commerce, all of which are grounded in information technologies and consumer demand research. The book looks at new selling techniques designed to reach the consumer.