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Book Optimal Decision Making in Operations Research and Statistics

Download or read book Optimal Decision Making in Operations Research and Statistics written by Irfan Ali and published by CRC Press. This book was released on 2021-11-29 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides insights in the decision-making for implementing strategies in various spheres of real-world issues. It integrates optimal policies in various decision­making problems and serves as a reference for researchers and industrial practitioners. Furthermore, the book provides sound knowledge of modelling of real-world problems and solution procedure using the various optimisation and statistical techniques for making optimal decisions. The book is meant for teachers, students, researchers and industrialists who are working in the field of materials science, especially operations research and applied statistics.

Book Case Studies in Operations Research

Download or read book Case Studies in Operations Research written by Katta G. Murty and published by Springer. This book was released on 2017-04-30 with total page 543 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook is comprised of detailed case studies covering challenging real world applications of OR techniques. Among the overall goals of the book is to provide readers with descriptions of the history and other background information on a variety of industries, service or other organizations in which decision making is an important component of their daily operations. The book considers all methods of optimum decision making in order to improve performances. It also compares possible solutions obtained by different approaches, concluding with a recommendation of the best among them for implementation. By exposing students to a variety of applications in a variety of areas and explaining how they can be modeled and solved, the book helps students develop the skills needed for modeling and solving problems that they may face in the workplace. Each chapter of "Case Studies in Operations Research: Applications of Optimal Decision Making" also includes additional data provided on the book’s website on Springer.com. These files contain a brief description of the area of application, the problem and the required outputs. Also provided are links to access all the data in the problem. Finally there are project exercises for students to practice what they have learnt in the chapter, which can also be used by instructors as project assignments in their courses.

Book The Theory of Decision making

Download or read book The Theory of Decision making written by Wiesław Sadowski and published by Pergamon. This book was released on 1965 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Operation research is methods which allow us to produce an optimum plan under given conditions. This book is intended to help the readers, especially economists and planners, to understand the basis of these methods ...

Book Tutorials in Operations Research

Download or read book Tutorials in Operations Research written by Institute for Operations Research and the Management Sciences. National Meeting and published by INFORMS. This book was released on 2008 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Operations Research

    Book Details:
  • Author : P. Ramamurthy
  • Publisher : New Age International
  • Release : 2007
  • ISBN : 8122420699
  • Pages : 22 pages

Download or read book Operations Research written by P. Ramamurthy and published by New Age International. This book was released on 2007 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Business Analytics for Decision Making

Download or read book Business Analytics for Decision Making written by Steven Orla Kimbrough and published by CRC Press. This book was released on 2018-09-03 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business Analytics for Decision Making, the first complete text suitable for use in introductory Business Analytics courses, establishes a national syllabus for an emerging first course at an MBA or upper undergraduate level. This timely text is mainly about model analytics, particularly analytics for constrained optimization. It uses implementations that allow students to explore models and data for the sake of discovery, understanding, and decision making. Business analytics is about using data and models to solve various kinds of decision problems. There are three aspects for those who want to make the most of their analytics: encoding, solution design, and post-solution analysis. This textbook addresses all three. Emphasizing the use of constrained optimization models for decision making, the book concentrates on post-solution analysis of models. The text focuses on computationally challenging problems that commonly arise in business environments. Unique among business analytics texts, it emphasizes using heuristics for solving difficult optimization problems important in business practice by making best use of methods from Computer Science and Operations Research. Furthermore, case studies and examples illustrate the real-world applications of these methods. The authors supply examples in Excel®, GAMS, MATLAB®, and OPL. The metaheuristics code is also made available at the book's website in a documented library of Python modules, along with data and material for homework exercises. From the beginning, the authors emphasize analytics and de-emphasize representation and encoding so students will have plenty to sink their teeth into regardless of their computer programming experience.

Book Operations Research

Download or read book Operations Research written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-06-22 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Operations Research Operations research, often shortened to the initialism OR, is a discipline that deals with the development and application of analytical methods to improve decision-making. The term management science is occasionally used as a synonym. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Operations research Chapter 2: George Dantzig Chapter 3: Management science Chapter 4: System of systems Chapter 5: Social complexity Chapter 6: Computational science Chapter 7: Decision analysis Chapter 8: Analytic hierarchy process Chapter 9: David B. Hertz Chapter 10: Reuven Rubinstein (II) Answering the public top questions about operations research. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Operations Research.

Book G Families of Probability Distributions

Download or read book G Families of Probability Distributions written by Mir Masoom Ali and published by CRC Press. This book was released on 2023-03-31 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: Statistical distributions are essential tools to model the characteristics of datasets, such as right or left skewness, bi-modality or multi-modality observed in different applied sciences, such as engineering, medicine, and finance. The well-known distributions like normal, Weibull, gamma and Lindley are extensively used because of their simple forms and identifiability properties. In the last decade, researchers have focused on the more complex and flexible distributions, referred to as Generalized or simply G families of probability distributions, to increase the modelling capability of these distributions by adding one or more shape parameters. The main aim of this edited book is to present new contributions by researchers in the field of G families of probability distributions. The book will help researchers to: Develop new univariate continuous and discrete G families of probability distributions. Develop new bivariate continuous and discrete G families of probability distributions. Derive beneficial mathematical properties such as ordinary and incomplete moments, moment generating functions, residual life and reversed residual life functions, order statistics, quantile spread ordering and entropies, and some bivariate and multivariate extensions of the new and existing models using a simple-type copula.

Book Applications of Operations Research and Management Science for Military Decision Making

Download or read book Applications of Operations Research and Management Science for Military Decision Making written by William P. Fox and published by Springer Nature. This book was released on 2019-08-28 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on many years of applied research, modeling and educating future decision makers, the authors have selected the critical set of mathematical modeling skills for decision analysis to include in this book. The book focuses on the model formulation and modeling building skills, as well as the technology to support decision analysis. The authors cover many of the main techniques that have been incorporated into their three-course sequence in mathematical modeling for decision making in the Department of Defense Analysis at the Naval Postgraduate School. The primary objective of this book is illustrative in nature. It begins with an introduction to mathematical modeling and a process for formally thinking about difficult problems, illustrating many scenarios and illustrative examples. The book incorporates the necessary mathematical foundations for solving these problems with military applications and related military processes to reinforce the applied nature of the mathematical modeling process.

Book Fuzzy Sets in Decision Analysis  Operations Research and Statistics

Download or read book Fuzzy Sets in Decision Analysis Operations Research and Statistics written by Roman Slowiński and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 467 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fuzzy Sets in Decision Analysis, Operations Research and Statistics includes chapters on fuzzy preference modeling, multiple criteria analysis, ranking and sorting methods, group decision-making and fuzzy game theory. It also presents optimization techniques such as fuzzy linear and non-linear programming, applications to graph problems and fuzzy combinatorial methods such as fuzzy dynamic programming. In addition, the book also accounts for advances in fuzzy data analysis, fuzzy statistics, and applications to reliability analysis. These topics are covered within four parts: Decision Making, Mathematical Programming, Statistics and Data Analysis, and Reliability, Maintenance and Replacement. The scope and content of the book has resulted from multiple interactions between the editor of the volume, the series editors, the series advisory board, and experts in each chapter area. Each chapter was written by a well-known researcher on the topic and reviewed by other experts in the area. These expert reviewers sometimes became co-authors because of the extent of their contribution to the chapter. As a result, twenty-five authors from twelve countries and four continents were involved in the creation of the 13 chapters, which enhances the international character of the project and gives an idea of how carefully the Handbook has been developed.

Book Decision Making Through Operations Research

Download or read book Decision Making Through Operations Research written by Robert J. Thierauf and published by John Wiley & Sons. This book was released on 1975 with total page 682 pages. Available in PDF, EPUB and Kindle. Book excerpt: A mishap at the train station exchanges a lady traveler's Pekingese puppy for a Great Dane.

Book Construction Program Management     Decision Making and Optimization Techniques

Download or read book Construction Program Management Decision Making and Optimization Techniques written by Ali D. Haidar and published by Springer. This book was released on 2015-09-12 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring complex and intelligent analytical and mathematical methods, this book examines how different approaches can be used to optimize program management in the construction industry. It presents an in-depth study of the different program management methods, ranging from simple decision-making techniques and statistics analysis to the more complex linear programming and demonstrates how knowledge-base systems and genetic algorithms can be used to optimize resources and meet time, budget and quality criteria. It addresses topics including decision-making principles, planning and scheduling, mathematical forecasting models, optimization techniques programming and artificial intelligence techniques. Providing a valuable resource for anyone managing multiple projects in the construction industry, this book is intended for civil and construction engineering students, project managers, construction managers and senior engineers.

Book Decision Making and Operations Research Techniques for Construction Management

Download or read book Decision Making and Operations Research Techniques for Construction Management written by C. M. TAM and published by City University of HK Press. This book was released on 2007-06-01 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides scientific tools for practitioners to resolve some practical problems which are administered empirically at present and may lead to inconsistent results and human errors. The modern decision-making tools introduced in this book include Multi-criteria Decision-making Models, Artificial Neural Network, Genetic Algorithms, Construction Simulation, Rough Set Theory and Advanced Statistical Techniques for construction. Published by City University of Hong Kong Press. 香港城市大學出版社出版。

Book Business Intelligence

    Book Details:
  • Author : Carlo Vercellis
  • Publisher : John Wiley & Sons
  • Release : 2011-08-10
  • ISBN : 1119965470
  • Pages : 314 pages

Download or read book Business Intelligence written by Carlo Vercellis and published by John Wiley & Sons. This book was released on 2011-08-10 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business intelligence is a broad category of applications and technologies for gathering, providing access to, and analyzing data for the purpose of helping enterprise users make better business decisions. The term implies having a comprehensive knowledge of all factors that affect a business, such as customers, competitors, business partners, economic environment, and internal operations, therefore enabling optimal decisions to be made. Business Intelligence provides readers with an introduction and practical guide to the mathematical models and analysis methodologies vital to business intelligence. This book: Combines detailed coverage with a practical guide to the mathematical models and analysis methodologies of business intelligence. Covers all the hot topics such as data warehousing, data mining and its applications, machine learning, classification, supply optimization models, decision support systems, and analytical methods for performance evaluation. Is made accessible to readers through the careful definition and introduction of each concept, followed by the extensive use of examples and numerous real-life case studies. Explains how to utilise mathematical models and analysis models to make effective and good quality business decisions. This book is aimed at postgraduate students following data analysis and data mining courses. Researchers looking for a systematic and broad coverage of topics in operations research and mathematical models for decision-making will find this an invaluable guide.

Book Introduction to Optimization Based Decision Making

Download or read book Introduction to Optimization Based Decision Making written by Joao Luis de Miranda and published by CRC Press. This book was released on 2021-12-24 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: The large and complex challenges the world is facing, the growing prevalence of huge data sets, and the new and developing ways for addressing them (artificial intelligence, data science, machine learning, etc.), means it is increasingly vital that academics and professionals from across disciplines have a basic understanding of the mathematical underpinnings of effective, optimized decision-making. Without it, decision makers risk being overtaken by those who better understand the models and methods, that can best inform strategic and tactical decisions. Introduction to Optimization-Based Decision-Making provides an elementary and self-contained introduction to the basic concepts involved in making decisions in an optimization-based environment. The mathematical level of the text is directed to the post-secondary reader, or university students in the initial years. The prerequisites are therefore minimal, and necessary mathematical tools are provided as needed. This lean approach is complemented with a problem-based orientation and a methodology of generalization/reduction. In this way, the book can be useful for students from STEM fields, economics and enterprise sciences, social sciences and humanities, as well as for the general reader interested in multi/trans-disciplinary approaches. Features Collects and discusses the ideas underpinning decision-making through optimization tools in a simple and straightforward manner Suitable for an undergraduate course in optimization-based decision-making, or as a supplementary resource for courses in operations research and management science Self-contained coverage of traditional and more modern optimization models, while not requiring a previous background in decision theory

Book Quantitative Techniques for Managerial Decisions

Download or read book Quantitative Techniques for Managerial Decisions written by U. K. Srivastava and published by New Age International. This book was released on 1989 with total page 962 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Book Is Designed To Serve As A Text For Management, Economics, Accountancy (Chartered And Cost Accountancy), And Commerce Students. The Book Covers Concepts, Illustrations And Problems In Statistics And Operations Research. Part I Deals With Statistical Techniques For Decision Making. Part Ii Studies Various Operations Research Techniques For Managerial Decisions.The Book Contains Illustrations And Problems, Drawn Extensively From Various Functional Areas Of Management, Viz., Production, Finance, Marketing And Personnel, Which Are Designed To Understand Real Life Decision Making Situations. In Order To Make The Book Self-Contained, All Relevant Mathematical Concepts And Their Applications Have Been Included. To Enhance The Understanding Of The Subject Matter By The Students Belonging To Different Disciplines, The Approach Adopted In This Book, Both In Statistics And Operations Research, Is Conceptional Rather Than Mathematical. Hence Complicated Mathematical Proofs Have Been Avoided.This Book Would Be An Ideal Reference To Executives, Computer Professionals, Industrial Engineers, Economic Planners And Social Scientists. The Other Books By The Same Authors Are: Operations Research For Management And Business Statistics.