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Book Operations Management and Data Analytics Modelling

Download or read book Operations Management and Data Analytics Modelling written by Dilbagh Panchal and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Operations Management and Data Analytics Modelling

Download or read book Operations Management and Data Analytics Modelling written by Lalit Kumar Awasthi and published by CRC Press. This book was released on 2021-12-30 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: Operations Management and Data Analytics Modelling: Economic Crises Perspective addresses real operation management problems in thrust areas like the healthcare and energy management sectors and Industry 4.0. It discusses recent advances and trends in developing data-driven operation management-based methodologies, big data analysis, application of computers in industrial engineering, optimization techniques, development of decision support systems for industrial operation, the role of a multiple-criteria decision-making (MCDM) approach in operation management, fuzzy set theory-based operation management modelling and Lean Six Sigma. Features Discusses the importance of data analytics in industrial operations to improve economy Provides step-by-step implementation of operation management models to identify best practices Covers in-depth analysis using data-based operation management tools and techniques Discusses mathematical modelling for novel operation management models to solve industrial problems This book is aimed at graduate students and professionals in the field of industrial and production engineering, mechanical engineering and materials science.

Book Applied Big Data Analytics in Operations Management

Download or read book Applied Big Data Analytics in Operations Management written by Kumar, Manish and published by IGI Global. This book was released on 2016-09-30 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: Operations management is a tool by which companies can effectively meet customers’ needs using the least amount of resources necessary. With the emergence of sensors and smart metering, big data is becoming an intrinsic part of modern operations management. Applied Big Data Analytics in Operations Management enumerates the challenges and creative solutions and tools to apply when using big data in operations management. Outlining revolutionary concepts and applications that help businesses predict customer behavior along with applications of artificial neural networks, predictive analytics, and opinion mining on business management, this comprehensive publication is ideal for IT professionals, software engineers, business professionals, managers, and students of management.

Book Big Data Analytics Using Multiple Criteria Decision Making Models

Download or read book Big Data Analytics Using Multiple Criteria Decision Making Models written by Ramakrishnan Ramanathan and published by CRC Press. This book was released on 2017-07-12 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: Multiple Criteria Decision Making (MCDM) is a subfield of Operations Research, dealing with decision making problems. A decision-making problem is characterized by the need to choose one or a few among a number of alternatives. The field of MCDM assumes special importance in this era of Big Data and Business Analytics. In this volume, the focus will be on modelling-based tools for Business Analytics (BA), with exclusive focus on the sub-field of MCDM within the domain of operations research. The book will include an Introduction to Big Data and Business Analytics, and challenges and opportunities for developing MCDM models in the era of Big Data.

Book Data Analytics in Operations Management

Download or read book Data Analytics in Operations Management written by Aaron Locklear and published by Independently Published. This book was released on 2024-05 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Data Analytics in Operations Management: Theory and Practice for the Future Landscape" is meticulously crafted to empower operations managers and business leaders in harnessing the transformative power of data analytics. The content is methodically structured, offering a rich blend of theoretical knowledge and practical application, ensuring readers are well-equipped to leverage analytics for informed decision-making. Commencing with foundational concepts, the book progresses through the intricacies of data infrastructure, presenting cutting-edge methodologies for interpreting and utilizing information. With incisive chapters on decision-making, integration of analytics into various business domains, and human factors in data interpretation, the guide deftly addresses the multifaceted nature of operations in a data-centric business world. A thorough examination of project management within the analytics sphere is paired with sagacious insights into the alignment of operational and data strategies, thus amplifying the decision-making prowess of managers. Crucially, the volume delves into governance, outlining the imperative for compliance in an ever-evolving regulatory landscape. The publication encapsulates emerging trends and their prospective influence on operations, preparing organizations for the pulse of future innovations. Concluding with a strategic compendium, it sets the course for ongoing development and application of analytics in operations management.

Book Supply Chain Analytics and Modelling

Download or read book Supply Chain Analytics and Modelling written by Nicoleta Tipi and published by Kogan Page Publishers. This book was released on 2021-04-03 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: An incredible volume of data is generated at a very high speed within the supply chain and it is necessary to understand, use and effectively apply the knowledge learned from analyzing data using intelligent business models. However, practitioners and students in the field of supply chain management face a number of challenges when dealing with business models and mathematical modelling. Supply Chain Analytics and Modelling presents a range of business analytics models used within the supply chain to help readers develop knowledge on a variety of topics to overcome common issues. Supply Chain Analytics and Modelling covers areas including supply chain planning, single and multi-objective optimization, demand forecasting, product allocations, end-to-end supply chain simulation, vehicle routing and scheduling models. Learning is supported by case studies of specialist software packages for each example. Readers will also be provided with a critical view on how supply chain management performance measurement systems have been developed and supported by reliable and accurate data available in the supply chain. Online resources including lecturer slides are available.

Book The Applied Business Analytics Casebook

Download or read book The Applied Business Analytics Casebook written by Matthew J. Drake and published by Pearson Education. This book was released on 2014 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first collection of cases on "big data" analytics for supply chain, operations research, and operations management, this reference puts readers in the position of the analytics professional and decision-maker. Perfect for students, practitioners, and certification candidates in SCM, OM, and OR, these short, focused, to-the-point case studies illustrate the entire decision-making process. They provide realistic opportunities to perform analyses, interpret output, and recommend an optimal course of action. Contributed by leading "big data" experts, the cases in The Applied Business Analytics Casebook covers: Forecasting and statistical analysis: time series forecasting models, regression models, data visualization, and hypothesis testing Optimization and simulation: linear, integer, and nonlinear programming; Monte Carlo simulation and risk analysis; and stochastic optimization Decision analysis: decision making under uncertainty; expected value of perfect information; decision trees; game theory models; AHP; and multi-criteria decision making Advanced business analytics: data warehousing/mining; text mining; neural networks; financial analytics; CRM analytics; and revenue management models

Book Big Data Analytics in Supply Chain Management

Download or read book Big Data Analytics in Supply Chain Management written by Iman Rahimi and published by CRC Press. This book was released on 2020-12-20 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a world of soaring digitization, social media, financial transactions, and production and logistics processes constantly produce massive data. Employing analytical tools to extract insights and foresights from data improves the quality, speed, and reliability of solutions to highly intertwined issues faced in supply chain operations. From procurement in Industry 4.0 to sustainable consumption behavior to curriculum development for data scientists, this book offers a wide array of techniques and theories of Big Data Analytics applied to Supply Chain Management. It offers a comprehensive overview and forms a new synthesis by bringing together seemingly divergent fields of research. Intended for Engineering and Business students, scholars, and professionals, this book is a collection of state-of-the-art research and best practices to spur discussion about and extend the cumulant knowledge of emerging supply chain problems.

Book Simulation Modelling

Download or read book Simulation Modelling written by Andrew Greasley and published by Taylor & Francis. This book was released on 2022-09-21 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: While simulation has a vast area of application, this textbook focuses on the use of simulation to analyse business processes. It provides an up-to-date coverage of all stages of the discrete-event simulation (DES) process, covering important areas such as conceptual modelling, modelling input data, verification and validation and simulation output analysis. The book is comprehensive yet uncomplicated, covering the theoretical aspects of the subject and the practical elements of a typical simulation project, demonstrated by cases, examples and exercises. It also shows how simulation relates to new developments in machine learning, big data analytics and conceptual modelling techniques. Guidance is provided on how to build DES models using the Arena, Simio and Simul8 simulation software, and tutorials for using the software are incorporated throughout. Simulation Modelling offers a uniquely practical and end-to-end overview of the subject, which makes it perfect required or recommended reading for advanced undergraduate and postgraduate students studying business simulation and simulation modelling as part of operations research, business analytics, supply chain management and computer science courses.

Book Handbook of Operations Analytics Using Data Envelopment Analysis

Download or read book Handbook of Operations Analytics Using Data Envelopment Analysis written by Shiuh-Nan Hwang and published by Springer. This book was released on 2016-07-01 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook focuses on Data Envelopment Analysis (DEA) applications in operations analytics which are fundamental tools and techniques for improving operation functions and attaining long-term competitiveness. In fact, the handbook demonstrates that DEA can be viewed as Data Envelopment Analytics. Chapters include a review of cross-efficiency evaluation; a case study on measuring the environmental performance of OECS countries; how to select a set of performance metrics in DEA with an application to American banks; a relational network model to take the operations of individual periods into account in measuring efficiencies; how the efficient frontier methods DEA and stochastic frontier analysis (SFA) can be used synergistically; and how to integrate DEA and multidimensional scaling. In other chapters, authors construct a dynamic three-stage network DEA model; a bootstrapping based methodology to evaluate returns to scale and convexity assumptions in DEA; hybridizing DEA and cooperative games; using DEA to represent the production technology and directional distance functions to measure band performance; an input-specific Luenberger energy and environmental productivity indicator; and the issue of reference set by differentiating between the uniquely found reference set and the unary and maximal types of the reference set. Finally, additional chapters evaluate and compare the technological advancement observed in different hybrid electric vehicles (HEV) market segments over the past 15 years; radial measurement of efficiency for the production process possessing multi-components under different production technologies; issues around the use of accounting information in DEA; how to use DEA environmental assessment to establish corporate sustainability; a summary of research efforts on DEA environmental assessment applied to energy in the last 30 years; and an overview of DEA and how it can be utilized alone and with other techniques to investigate corporate environmental sustainability questions.

Book Model Management and Analytics for Large Scale Systems

Download or read book Model Management and Analytics for Large Scale Systems written by Bedir Tekinerdogan and published by Academic Press. This book was released on 2019-09-14 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Model Management and Analytics for Large Scale Systems covers the use of models and related artefacts (such as metamodels and model transformations) as central elements for tackling the complexity of building systems and managing data. With their increased use across diverse settings, the complexity, size, multiplicity and variety of those artefacts has increased. Originally developed for software engineering, these approaches can now be used to simplify the analytics of large-scale models and automate complex data analysis processes. Those in the field of data science will gain novel insights on the topic of model analytics that go beyond both model-based development and data analytics. This book is aimed at both researchers and practitioners who are interested in model-based development and the analytics of large-scale models, ranging from big data management and analytics, to enterprise domains. The book could also be used in graduate courses on model development, data analytics and data management. Identifies key problems and offers solution approaches and tools that have been developed or are necessary for model management and analytics Explores basic theory and background, current research topics, related challenges and the research directions for model management and analytics Provides a complete overview of model management and analytics frameworks, the different types of analytics (descriptive, diagnostics, predictive and prescriptive), the required modelling and method steps, and important future directions

Book Recent Advances in Operations Management and Optimization

Download or read book Recent Advances in Operations Management and Optimization written by Anish Sachdeva and published by Springer Nature. This book was released on with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Big Data and Blockchain for Service Operations Management

Download or read book Big Data and Blockchain for Service Operations Management written by Ali Emrouznejad and published by Springer Nature. This book was released on 2022-02-12 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to provide the necessary background to work with big data blockchain by introducing some novel applications in service operations for both academics and interested practitioners, and to benefit society, industry, academia, and government. Presenting applications in a variety of industries, this book intends to cover theory, research, development, and applications of big data and blockchain, as embedded in the fields of mathematics, engineering, computer science, physics, economics, business, management, and life sciences, to help service operations management.

Book Modeling Techniques in Predictive Analytics with Python and R

Download or read book Modeling Techniques in Predictive Analytics with Python and R written by Thomas W. Miller and published by FT Press. This book was released on 2014-09-29 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master predictive analytics, from start to finish Start with strategy and management Master methods and build models Transform your models into highly-effective code—in both Python and R This one-of-a-kind book will help you use predictive analytics, Python, and R to solve real business problems and drive real competitive advantage. You’ll master predictive analytics through realistic case studies, intuitive data visualizations, and up-to-date code for both Python and R—not complex math. Step by step, you’ll walk through defining problems, identifying data, crafting and optimizing models, writing effective Python and R code, interpreting results, and more. Each chapter focuses on one of today’s key applications for predictive analytics, delivering skills and knowledge to put models to work—and maximize their value. Thomas W. Miller, leader of Northwestern University’s pioneering program in predictive analytics, addresses everything you need to succeed: strategy and management, methods and models, and technology and code. If you’re new to predictive analytics, you’ll gain a strong foundation for achieving accurate, actionable results. If you’re already working in the field, you’ll master powerful new skills. If you’re familiar with either Python or R, you’ll discover how these languages complement each other, enabling you to do even more. All data sets, extensive Python and R code, and additional examples available for download at http://www.ftpress.com/miller/ Python and R offer immense power in predictive analytics, data science, and big data. This book will help you leverage that power to solve real business problems, and drive real competitive advantage. Thomas W. Miller’s unique balanced approach combines business context and quantitative tools, illuminating each technique with carefully explained code for the latest versions of Python and R. If you’re new to predictive analytics, Miller gives you a strong foundation for achieving accurate, actionable results. If you’re already a modeler, programmer, or manager, you’ll learn crucial skills you don’t already have. Using Python and R, Miller addresses multiple business challenges, including segmentation, brand positioning, product choice modeling, pricing research, finance, sports, text analytics, sentiment analysis, and social network analysis. He illuminates the use of cross-sectional data, time series, spatial, and spatio-temporal data. You’ll learn why each problem matters, what data are relevant, and how to explore the data you’ve identified. Miller guides you through conceptually modeling each data set with words and figures; and then modeling it again with realistic code that delivers actionable insights. You’ll walk through model construction, explanatory variable subset selection, and validation, mastering best practices for improving out-of-sample predictive performance. Miller employs data visualization and statistical graphics to help you explore data, present models, and evaluate performance. Appendices include five complete case studies, and a detailed primer on modern data science methods. Use Python and R to gain powerful, actionable, profitable insights about: Advertising and promotion Consumer preference and choice Market baskets and related purchases Economic forecasting Operations management Unstructured text and language Customer sentiment Brand and price Sports team performance And much more

Book Management Approach for Resource Productive Operations

Download or read book Management Approach for Resource Productive Operations written by Markus Hammer and published by Springer. This book was released on 2018-07-10 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Markus Hammer investigates a time-based and analytics-supported operations management approach. He explores five perspectives: 1) the needs of industry, in particular manufacturing in process industries, 2) the impact of digitization, with focus on Big Data and analytics, 3) the management of operations through time-based performance metrics, 4) how operations improvement methods and advanced process control help achieve resource-productive operations and 5) learning from practice based on two empirical case studies. The author conceives, explains, and tests an implementation methodology. The final case study proves that the developed implementation methodology works in practice.

Book Modeling Techniques in Predictive Analytics

Download or read book Modeling Techniques in Predictive Analytics written by Thomas W. Miller and published by FT Press. This book was released on 2014-09-29 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: To succeed with predictive analytics, you must understand it on three levels: Strategy and management Methods and models Technology and code This up-to-the-minute reference thoroughly covers all three categories. Now fully updated, this uniquely accessible book will help you use predictive analytics to solve real business problems and drive real competitive advantage. If you’re new to the discipline, it will give you the strong foundation you need to get accurate, actionable results. If you’re already a modeler, programmer, or manager, it will teach you crucial skills you don’t yet have. Unlike competitive books, this guide illuminates the discipline through realistic vignettes and intuitive data visualizations–not complex math. Thomas W. Miller, leader of Northwestern University’s pioneering program in predictive analytics, guides you through defining problems, identifying data, crafting and optimizing models, writing effective R code, interpreting results, and more. Every chapter focuses on one of today’s key applications for predictive analytics, delivering skills and knowledge to put models to work–and maximize their value. Reflecting extensive student and instructor feedback, this edition adds five classroom-tested case studies, updates all code for new versions of R, explains code behavior more clearly and completely, and covers modern data science methods even more effectively. All data sets, extensive R code, and additional examples available for download at http://www.ftpress.com/miller If you want to make the most of predictive analytics, data science, and big data, this is the book for you. Thomas W. Miller’s unique balanced approach combines business context and quantitative tools, appealing to managers, analysts, programmers, and students alike. Miller addresses multiple business cases and challenges, including segmentation, brand positioning, product choice modeling, pricing research, finance, sports, text analytics, sentiment analysis, and social network analysis. He illuminates the use of cross-sectional data, time series, spatial, and spatio-temporal data. You’ll learn why each problem matters, what data are relevant, and how to explore the data you’ve identified. Miller guides you through conceptually modeling each data set with words and figures; and then modeling it again with realistic R programs that deliver actionable insights. You’ll walk through model construction, explanatory variable subset selection, and validation, mastering best practices for improving out-of-sample predictive performance. Throughout, Miller employs data visualization and statistical graphics to help you explore data, present models, and evaluate performance. This edition adds five new case studies, updates all code for the newest versions of R, adds more commenting to clarify how the code works, and offers a more detailed and up-to-date primer on data science methods. Gain powerful, actionable, profitable insights about: Advertising and promotion Consumer preference and choice Market baskets and related purchases Economic forecasting Operations management Unstructured text and language Customer sentiment Brand and price Sports team performance And much more

Book Enterprise Analytics

Download or read book Enterprise Analytics written by Thomas H. Davenport and published by Pearson Education. This book was released on 2013 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: "International Institute for Analytics"--Dust jacket.