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Book Management Planning and Control  Mathematical Models

Download or read book Management Planning and Control Mathematical Models written by John Leslie Livingstone and published by . This book was released on 1970 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: Textbook comprising mathematical models of management accounting, programme planning and budgeting - covers linear programming techniques of operational research, cost and profit analysis, etc.

Book An Introduction to Project Modeling and Planning

Download or read book An Introduction to Project Modeling and Planning written by Gündüz Ulusoy and published by Springer Nature. This book was released on 2021-04-05 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook teaches the basic concepts and methods of project management but also explains how to convert them to useful results in practice. Project management offers a promising working area for theoretical and practical applications, and developing software and decision support systems (DSS). This book specifically focuses on project planning and control, with an emphasis on mathematical modeling. Models and algorithms establish a good starting point for students to study the relevant literature and support pursuing academic work in related fields. The book provides an introduction to theoretical concepts, and it also provides detailed explanations, application examples, and case studies that deal with real-life problems. The chapter topics include questions that underlie critical thinking, interpretation, analytics, and making comparisons. Learning outcomes are defined and the content of the book is structured following these goals. Chapter 1 begins by introducing the basic concepts, methods, and processes of project management. This Chapter constitutes the base for defining and modeling project management problems. Chapter 2 explores the fundamentals of organizing and managing projects from an organization’s perspective. Issues related to project team formation, the role of project managers, and organization types are discussed. Chapter 3 is devoted to project planning and network modeling of projects, covering fundamental concepts such as project scope, Work Breakdown Structure (WBS), Organizational Breakdown Structure (OBS), Cost Breakdown Structure (CBS), project network modeling, activity duration, and cost estimating, activity-based costing (ABC), data and knowledge management. Chapter 4 introduces deterministic scheduling models, which can be used in constructing the time schedules. Models employing time-based and finance-based objectives are introduced. The CPM is covered. The unconstrained version of maximizing Net Present Value (NPV) is also treated here together with the case of time-dependent cash flows. Chapter 5 focuses on the time/cost trade-off problem, explaining how to reduce the duration of some of the activities and therefore reduce the project duration at the expense of additional costs. This topic is addressed for both continuous and discrete cases. Chapter 6 discusses models and methods of scheduling under uncertain activity durations. PERT is introduced for minimizing the expected project duration and extended to the PERT-Costing method for minimizing the expected project cost. Simulation is presented as another approach for dealing with the uncertainty in activity durations and costs. To demonstrate the use of the PERT, a case study on constructing an earthquake-resistant residential house is presented. Classifications of resource and schedule types are given in Chapter 7, and exact and heuristic solution procedures for the single- and multi-mode resource constrained project scheduling problem (RCPSP) are presented. The objective of maximizing NPV under resource constraints is addressed, and the capital-constrained project scheduling model is introduced. In Chapter 8, resource leveling, and further resource management problems are introduced. Total adjustment cost and resource availability cost problems are introduced. Various exact models are investigated. A heuristic solution procedure for the resource leveling problem is presented in detail. Also, resource portfolio management policies and the resource portfolio management problem are discussed. A case study on resource leveling dealing with the annual audit project of a major corporation is presented. Project contract types and payment schedules constitute the topics of Chapter 9. Contracts are legal documents reflecting the results of some form of client-contractor negotiations and sometimes of a bidding process, which deserve closer attention. Identification and allocation of risk in contracts, project control issues, disputes, and resolution management are further topics covered in this Chapter. A bidding model is presented to investigate client-contractor negotiations and the bidding process from different aspects. Chapter 10 focuses on processes and methods for project monitoring and control. Earned Value Management is studied to measure the project performance throughout the life of a project and to estimate the expected project time and cost based on the current status of the project. How to incorporate inflation into the analysis is presented. In Chapter 11, qualitative and quantitative techniques including decision trees, simulation, and software applications are introduced. Risk phases are defined and building a risk register is addressed. An example risk breakdown structure is presented. The design of risk management processes is introduced, and risk response planning strategies are discussed. At the end of the Chapter, the quantitative risk analysis is demonstrated at the hand of a team discussion case study. Chapter 12 covers several models and approaches dealing with various stochastic aspects of the decision environment. Stochastic models, generation of robust schedules, use of reactive and fuzzy approaches are presented. Sensitivity and scenario analysis are introduced. Also, simulation analysis, which is widely used to analyze the impacts of uncertainty on project goals, is presented. Chapter 13 addresses repetitive projects that involve the production or construction of similar units in batches such as railway cars or residential houses. Particularly in the construction industry repetitive projects represent a large portion of the work accomplished in this sector of the economy. A case study on the 50 km section of a motorway project is used for demonstrating the handling of repetitive project management. How best to select one or more of a set of candidate projects to maintain a project portfolio is an important problem for project-based organizations with limited resources. The project selection problem is inherently a multi-objective problem and is treated as such in Chapter 14. Several models and solution techniques are introduced. A multi-objective, multi-period project selection and scheduling model is presented. A case study that addresses a project portfolio selection and scheduling problem for the construction of a set of dams in a region is presented. Finally, Chapter 15 discusses three promising research areas in project management in detail: (i) Sustainability and Project Management, (ii) Project Management in the Era of Big Data, and (iii) the Fourth Industrial Revolution and the New Age Project Management. We elaborate on the importance of sustainability in project management practices, discuss how developments in data analytics might impact project life cycle management, and speculate how the infinite possibilities of the Fourth Industrial Revolution and the new technologies will transform project management practices.

Book Mathematical Models and Their Analysis

Download or read book Mathematical Models and Their Analysis written by Frederick Y. M. Wan and published by SIAM. This book was released on 2018-03-20 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: A great deal can be learned through modeling and mathematical analysis about real-life phenomena, even before numerical simulations are used to accurately portray the specific configuration of a situation. Scientific computing also becomes more effective and efficient if it is preceded by some preliminary analysis. These important advantages of mathematical modeling are demonstrated by models of historical importance in an easily understandable way. The organization of Mathematical Models and Their Analysis groups models by the issues that need to be addressed about the phenomena. The new approach shows how mathematics effective for one modeled phenomenon can be used to analyze another unrelated problem. For instance, the mathematics of differential equations useful in understanding the classical physics of planetary models, fluid motion, and heat conduction is also applicable to the seemingly unrelated phenomena of traffic flow and congestion, offshore sovereignty, and regulation of overfishing and deforestation. The formulation and in-depth analysis of these and other models on modern social issues, such as the management of exhaustible and renewable resources in response to consumption demands and economic growth, are of increasing concern to students and researchers of our time. The modeling of current social issues typically starts with a simple but meaningful model that may not capture all the important elements of the phenomenon. Predictions extracted from such a model may be informative but not compatible with all known observations; so the model may require improvements. The cycle of model formulation, analysis, interpretation, and assessment is made explicit for the modeler to repeat until a model is validated by consistency with all known facts.

Book Introduction to Mathematical Models in Operations Planning

Download or read book Introduction to Mathematical Models in Operations Planning written by Halit Alper Tayalı and published by CRC Press. This book was released on 2023-10-30 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover the intricate nature of a company's production function and the comprehensive principles of planning operations in this book. Through practical applications and enriched by numerical examples, readers gain essential knowledge of elementary mathematical methods in operations planning. The inclusion of the powerful R programming language, accompanied by code scripts and real-world examples, enhances the learning experience. Blending theory with practice, this resource equips readers with the tools necessary to optimize production systems, make informed decisions, and gain a competitive edge in today's dynamic business landscape.

Book Maintenance  Modeling and Optimization

Download or read book Maintenance Modeling and Optimization written by Mohamed Ben-Daya and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: Production costs are being reduced by automation, robotics, computer-integrated manufacturing, cost reduction studies and more. These new technologies are expensive to buy, repair, and maintain. Hence, the demand on maintenance is growing and its costs are escalating. This new environment is compelling industrial maintenance organizations to make the transition from fixing broken machines to higher-level business units for securing production capacity. On the academic front, research in the area of maintenance management and engineering is receiving tremendous interest from researchers. Many papers have appeared in the literature dealing with the modeling and solution of maintenance problems using operations research (OR) and management science (MS) techniques. This area represents an opportunity for making significant contributions by the OR and MS communities. Maintenance, Modeling, and Optimization provides in one volume the latest developments in the area of maintenance modeling. Prominent scholars have contributed chapters covering a wide range of topics. We hope that this initial contribution will serve as a useful informative introduction to this field that may permit additional developments and useful directions for more research in this fast-growing area. The book is divided into six parts and contains seventeen chapters. Each chapter has been subject to review by at least two experts in the area of maintenance modeling and optimization. The first chapter provides an introduction to major maintenance modeling areas illustrated with some basic models. Part II contains five chapters dealing with maintenance planning and scheduling. Part III deals with preventive maintenance in six chapters. Part IV focuses on condition-based maintenance and contains two chapters. Part V deals with integrated production and maintenance models and contains two chapters. Part VI addresses issues related to maintenance and new technologies, and also deals with Just-in-Time (JIT) and Maintenance.

Book Reflexion and Control

Download or read book Reflexion and Control written by Dmitry A. Novikov and published by CRC Press. This book was released on 2014-03-03 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is dedicated to modern approaches to mathematical modeling of reflexive processes in control. The authors consider reflexive games that describe the gametheoretical interaction of agents making decisions based on a hierarchy of beliefs regarding (1) essential parameters (informational reflexion), (2) decision principles used by opponents (strategic reflexion), (3) beliefs about beliefs, and so on. Informational and reflexive equilibria in reflexive games generalize a series of well-known equilibrium concepts in noncooperative games and models of collective behavior. These models allow posing and solving the problems of informational and reflexive control in organizational, economic, social and other systems, in military applications, etc. (the interested reader will find in the book over 30 examples of possible applications in these fields) and describing uniformly many psychological/sociological phenomena connected with reflexion, viz., implicit control, informational control via the mass media, reflexion in chess, art works, etc. The present book is intended for experts in decision making and control of systems of an interdisciplinary nature, as well as for undergraduates and postgraduates.

Book Management

Download or read book Management written by and published by . This book was released on 1970 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Advanced Models for Manufacturing Systems Management

Download or read book Advanced Models for Manufacturing Systems Management written by A Villa and published by CRC Press. This book was released on 1995-09-19 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the mathematical models applicable to manufacturing systems management, covering problems from production to real time control. It explores manufacturing systems from the viewpoints of both physical structure and performance measures. Two broad classes of mathematical models are covered in detail: Generative models, which yield a set of decision variables optimizing a performance measure, based on mathematical optimization Evaluative models, which evaluate some performance measures as a function of some predefined decision strategy. Within this class Petri Nets and Queueing Networks are discussed. Advanced Models for Manufacturing Systems Management describes dynamic systems modeling by state equations, a unifying framework for a wide variety of models. The text/reference stresses model building, but it examines model solving as well. Computational techniques are illustrated, such as linear programming, branch and bound methods, and dynamic programming. Particular emphasis is given to the development of heuristic methods from mathematical models. The book provides readers with valuable tools for management and design. The use of descriptive models within an optimization algorithm is considered. Numerous examples illustrate theoretical concepts throughout text. Appendices are given at the end of the book in order to recall fundamentals, such as linear programming and graph theory. Appendices also appear within each chapter. In this way, readers can follow the main reading path without getting involved with details; these appendices can be read at a later time. This textual structure makes this book particularly well suited for self-study. Advanced Models for Manufacturing Systems Management is beneficial reading for both students and practitioners.

Book Quantitative Models for Project Planning  Scheduling  and Control

Download or read book Quantitative Models for Project Planning Scheduling and Control written by Adedeji B. Badiru and published by Praeger. This book was released on 1993-04-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Badiru presents quantitative models in practical formats for project planning, scheduling, and control. The book organizes quantitative topics that have been successfully used in business, management, production, and service operations into an integrated framework for project management.

Book Applications of Operational Research and Mathematical Models in Management

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.

Book An Introduction to Optimal Control Problems in Life Sciences and Economics

Download or read book An Introduction to Optimal Control Problems in Life Sciences and Economics written by Sebastian Aniţa and published by Springer Science & Business Media. This book was released on 2011-05-05 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Combining control theory and modeling, this textbook introduces and builds on methods for simulating and tackling concrete problems in a variety of applied sciences. Emphasizing "learning by doing," the authors focus on examples and applications to real-world problems. An elementary presentation of advanced concepts, proofs to introduce new ideas, and carefully presented MATLAB® programs help foster an understanding of the basics, but also lead the way to new, independent research. With minimal prerequisites and exercises in each chapter, this work serves as an excellent textbook and reference for graduate and advanced undergraduate students, researchers, and practitioners in mathematics, physics, engineering, computer science, as well as biology, biotechnology, economics, and finance.

Book Mathematical Models of Manpower and Personnel Management

Download or read book Mathematical Models of Manpower and Personnel Management written by and published by . This book was released on 1979 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Frontiers in Mathematical Modelling Research

Download or read book Frontiers in Mathematical Modelling Research written by M HAIDER ALI BISWAS. and published by Nova Science Publishers. This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Mathematical modeling is the process of trying to precisely define a nonmathematical situation, real-life phenomena of changing world and the relationships between the situations in the language of mathematics, and finding out mathematical formulations or patterns within these situations and phenomena. Mathematical modeling in terms of nonlinear dynamic equations is described as a conversion activity of real problems in a mathematical form. The interactions between the mathematical and biological sciences have been increasing rapidly in recent years. Both traditional topics, such as population and disease modeling, and new ones, such as those in genomics arising from the accumulation of DNA sequence data, have made mathematical modeling in biomathematics an exciting field. The best predictions of numerous individuals and scientific communities have suggested that this growing area will continue to be one of the most dominating and fascinating driving factors to capture the global change phenomena and design a sustainable management for a better world. Frontiers in Mathematical Modelling Research provides the most recent and up-to-date developments in the mathematical analysis of real world problems arising in engineering, biology, economics, geography, planning, sociology, psychology, medicine and epidemiology of infectious diseases. Mathematical modeling and analysis are important, not only to understand disease progression, but also to provide predictions about the evolution of the disease and insights about the dynamics of the transmission rate and the effectiveness of control measures. One of the main focuses of the book is the transmission dynamics of emerging and re-emerging infectious diseases and the implementation of intervention strategies. It also discusses optimal control strategies like pharmaceutical and non-pharmaceutical interventions and their potential effectiveness on the control of infections with the help of compartmental mathematical models in epidemiology. This book also covers a wide variety of topics like dynamic models in robotics, chemical process, biodynamic hypothesis and its application for the mathematical modeling of biological growth and the analysis of diagnosis rate effects and prediction of zoonotic viruses, data-driven dynamic simulation and scenario analysis of the spread of diseases. Frontiers in Mathematical Modelling Research will play a pivotal role as helpful resource for mathematical biologists and ecologists, epidemiologists, epidemic modelers, virologists, researchers, mathematical modelers, robotic scientists and control engineers and others engaged in the analysis of the transmission, prevention, and control of infectious diseases and their impact on human health. It is expected that this self-contained edited book can also serve undergraduate and graduate students, young scholars and early career researchers as the basis for meaningful directives of current trends of research in mathematical biology"--

Book Quantitative Planning and Control

Download or read book Quantitative Planning and Control written by Yuji Ijiri and published by Academic Press. This book was released on 2014-06-28 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: Quantitative Planning and Control: Essays in Honor of William Wager Cooper on the Occasion of His 65th Birthday features a collection of papers prepared by students and associates of William Wager Cooper to honor him on the occasion of his sixty-fifth birthday. The book centers on the theme of Quantitative Planning and Control, the theme to which much of Professor Cooper's research effort has been devoted. The theme covers diverse fields of inquiry as reflected in the articles in this book, which are organized in four parts: (1) mathematical programming and decision models; (2) economic development and firm growth; (3) manpower planning and design; and (4) accounting and control. At the core of all of the articles in this book lies a belief that analytical approaches can help solve all managerial problems, a philosophy that is deeply rooted in Professor Cooper's thinking. This book demonstrates how this fundamental view on management can be reflected in dealing with problems in various fields of management. In particular, the book focuses on three main areas of application of this view, economic development, manpower planning, and accounting and control, along with the subject of developing tools that are necessary for solving managerial problems analytically.

Book Using Applied Mathematical Models for Business Transformation

Download or read book Using Applied Mathematical Models for Business Transformation written by Trad, Antoine and published by IGI Global. This book was released on 2019-12-20 with total page 543 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditional business practices have been left behind due to the increased use of data analytics and information technology in companies worldwide. This development has led to businesses implementing transformative projects that use these new technologies in their decision-making systems. Altering the entire architecture of a company is a daunting task; however, researchers are finding methods through applied mathematics that can make it easier on companies. Implementing analytical models into current business processes is vital for professionals across the globe. Using Applied Mathematical Models for Business Transformation is an essential reference source that discusses the advancement of decision-making systems in business environments with the use of applied mathematics, algorithms, and information technology. Featuring research on topics such as decision-making systems, critical success factors, and global enterprise architecture, this book is ideally designed for project managers, financial analysts, business strategists, software engineers, technical architects, students, researchers, and educators seeking coverage on the transformation of business practices using applied mathematics and information technology.

Book Introduction to Process Control

Download or read book Introduction to Process Control written by Victor A. Skormin and published by Springer. This book was released on 2016-10-19 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook is intended for an introductory graduate level on process control, taught in most engineering curricula. It focuses on the statistical techniques and methods of control and system optimization needed for the mathematical modeling, analysis, simulation, control and optimization of multivariable manufacturing processes. In four sections, it covers: Relevant mathematical methods, including random events, variables and processes, and their characteristics; estimation and confidence intervals; Bayes applications; correlation and regression analysis; statistical cluster analysis; and singular value decomposition for classification applications. Mathematical description of manufacturing processes, including static and dynamic models; model validation; confidence intervals for model parameters; principal component analysis; conventional and recursive least squares procedures; nonlinear least squares; and continuous-time, discrete-time, s-domain and Z-domain models. Control of manufacturing processes, including transfer function/transfer matrix models; state-variable models; methods of discrete-time classical control; state variable discrete-time control; state observers/estimators in control systems; methods of decoupling control; and methods of adaptive control. Methods and applications of system optimization, including unconstrained and constrained optimization; analytical and numerical optimization procedures; use of penalty functions; methods of linear programming; gradient methods; direct search methods; genetic optimization; methods and applications of dynamic programming; and applications to estimation, design, control, and planning. Each section of the book will include end-of-chapter exercises, and the book will be suitable for any systems, electrical, chemical, or industrial engineering program, as it focuses on the processes themselves, and not on the product being manufactured. Students will be able to obtain a mathematical model of any manufacturing process, to design a computer-based control system for a particular continuous manufacturing process, and be able to formulate an engineering problem in terms of optimization, as well as the ability to choose and apply the appropriate optimization technique.