Decision Criteria And Optimal Inventory Processes

Decision Criteria And Optimal Inventory Processes Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of Decision Criteria And Optimal Inventory Processes book. This book definitely worth reading, it is an incredibly well-written.

Decision Criteria and Optimal Inventory Processes

Baoding Liu,Augustine O. Esogbue
Decision Criteria and Optimal Inventory Processes Book PDF

Author : Baoding Liu,Augustine O. Esogbue
Publisher : Springer Science & Business Media
Page : 220 pages
File Size : 45,7 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461551515

Get Book

Decision Criteria and Optimal Inventory Processes by Baoding Liu,Augustine O. Esogbue Pdf

Decision Criteria and Optimal Inventory Processes provides a theoretical and practical introduction to decision criteria and inventory processes. Inventory theory is presented by focusing on the analysis and processes underlying decision criteria. Included are many state-of-the-art criterion models as background material. These models are extended to the authors' newly developed fuzzy criterion models which constitute a general framework for the study of stochastic inventory models with special focus on the real world inventory theoretic reservoir operations problems. The applications of fuzzy criterion dynamic programming models are illustrated by reservoir operations including the integrated network of reservoir operation and the open inventory network problems. An interesting feature of this book is the special attention it pays to the analysis of some theoretical and applied aspects of fuzzy criteria and dynamic fuzzy criterion models, thus opening up a new way of injecting the much-needed type of non-cost, intuitive, and easy-to-use methods into multi-stage inventory processes. This is accomplished by constructing and optimizing the fuzzy criterion models developed for inventory processes. Practitioners in operations research, management science, and engineering will find numerous new ideas and strategies for modeling real world multi- stage inventory problems, and researchers and applied mathematicians will find this work a stimulating and useful reference.

Multiple Criteria Optimization

Xavier Gandibleux
Multiple Criteria Optimization Book PDF

Author : Xavier Gandibleux
Publisher : Springer Science & Business Media
Page : 515 pages
File Size : 51,5 Mb
Release : 2006-04-11
Category : Business & Economics
ISBN : 9780306481079

Get Book

Multiple Criteria Optimization by Xavier Gandibleux Pdf

The generalized area of multiple criteria decision making (MCDM) can be defined as the body of methods and procedures by which the concern for multiple conflicting criteria can be formally incorporated into the analytical process. MCDM consists mostly of two branches, multiple criteria optimization and multi-criteria decision analysis (MCDA). While MCDA is typically concerned with multiple criteria problems that have a small number of alternatives often in an environment of uncertainty (location of an airport, type of drug rehabilitation program), multiple criteria optimization is typically directed at problems formulated within a mathematical programming framework, but with a stack of objectives instead of just one (river basin management, engineering component design, product distribution). It is about the most modern treatment of multiple criteria optimization that this book is concerned. I look at this book as a nicely organized and well-rounded presentation of what I view as ”new wave” topics in multiple criteria optimization. Looking back to the origins of MCDM, most people agree that it was not until about the early 1970s that multiple criteria optimization c- gealed as a field. At this time, and for about the following fifteen years, the focus was on theories of multiple objective linear programming that subsume conventional (single criterion) linear programming, algorithms for characterizing the efficient set, theoretical vector-maximum dev- opments, and interactive procedures.

Evaluation and Decision Models with Multiple Criteria

Denis Bouyssou,Thierry Marchant,Marc Pirlot,Alexis Tsoukias,Philippe Vincke
Evaluation and Decision Models with Multiple Criteria Book PDF

Author : Denis Bouyssou,Thierry Marchant,Marc Pirlot,Alexis Tsoukias,Philippe Vincke
Publisher : Springer Science & Business Media
Page : 460 pages
File Size : 43,7 Mb
Release : 2006-06-07
Category : Business & Economics
ISBN : 9780387310992

Get Book

Evaluation and Decision Models with Multiple Criteria by Denis Bouyssou,Thierry Marchant,Marc Pirlot,Alexis Tsoukias,Philippe Vincke Pdf

Formal decision and evaluation models are so widespread that almost no one can pretend not to have used or suffered the consequences of one of them. This book is a guide aimed at helping the analyst to choose a model and use it consistently. A sound analysis of techniques is proposed and the presentation can be extended to most decision and evaluation models as a "decision aiding methodology".

Soft Computing for Complex Multiple Criteria Decision Making

Ignacy Kaliszewski
Soft Computing for Complex Multiple Criteria Decision Making Book PDF

Author : Ignacy Kaliszewski
Publisher : Springer Science & Business Media
Page : 183 pages
File Size : 40,6 Mb
Release : 2006-06-07
Category : Business & Economics
ISBN : 9780387301778

Get Book

Soft Computing for Complex Multiple Criteria Decision Making by Ignacy Kaliszewski Pdf

This book concentrates on providing technical tools to make the user of Multiple Criteria Decision Making (MCDM) methodologies independent of bulky optimization computations. These bulky computations have been a necessary, but limiting, characteristic of interactive MCDM methodologies and algorithms. The book removes these limitations of MCDM problems by reducing a problem's computational complexity. The result is a wider and more functional general framework for presenting, teaching, implementing and applying a wide range of MCDM methodologies.

Multiple Criteria Decision Analysis: State of the Art Surveys

Salvatore Greco
Multiple Criteria Decision Analysis State of the Art Surveys Book PDF

Author : Salvatore Greco
Publisher : Springer Science & Business Media
Page : 1063 pages
File Size : 47,9 Mb
Release : 2006-01-20
Category : Business & Economics
ISBN : 9780387230818

Get Book

Multiple Criteria Decision Analysis: State of the Art Surveys by Salvatore Greco Pdf

Multiple Criteria Decision Analysis: State of the Art Surveys provides survey articles and references of the seminal or state-of-the-art research on MCDA. The material covered ranges from the foundations of MCDA, over various MCDA methodologies (outranking methods, multiattribute utility and value theories, non-classical approaches) to multiobjective mathematical programming, MCDA applications, and software. This vast amount of material is organized in 8 parts, with a total of 25 chapters. More than 2000 references are listed.

Intelligent Strategies for Meta Multiple Criteria Decision Making

Thomas Hanne
Intelligent Strategies for Meta Multiple Criteria Decision Making Book PDF

Author : Thomas Hanne
Publisher : Springer Science & Business Media
Page : 206 pages
File Size : 42,8 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461515951

Get Book

Intelligent Strategies for Meta Multiple Criteria Decision Making by Thomas Hanne Pdf

Multiple criteria decision-making research has developed rapidly and has become a main area of research for dealing with complex decision problems which require the consideration of multiple objectives or criteria. Over the past twenty years, numerous multiple criterion decision methods have been developed which are able to solve such problems. However, the selection of an appropriate method to solve a particular decision problem is today's problem for a decision support researcher and decision-maker. Intelligent Strategies for Meta Multiple Criteria Decision-Making deals centrally with the problem of the numerous MCDM methods that can be applied to a decision problem. The book refers to this as a `meta decision problem', and it is this problem that the book analyzes. The author provides two strategies to help the decision-makers select and design an appropriate approach to a complex decision problem. Either of these strategies can be designed into a decision support system itself. One strategy is to use machine learning to design an MCDM method. This is accomplished by applying intelligent techniques, namely neural networks as a structure for approximating functions and evolutionary algorithms as universal learning methods. The other strategy is based on solving the meta decision problem interactively by selecting or designing a method suitable to the specific problem, for example, the constructing of a method from building blocks. This strategy leads to a concept of MCDM networks. Examples of this approach for a decision support system explain the possibilities of applying the elaborated techniques and their mutual interplay. The techniques outlined in the book can be used by researchers, students, and industry practitioners to better model and select appropriate methods for solving complex, multi-objective decision problems.

Process Optimization

Enrique del Castillo
Process Optimization Book PDF

Author : Enrique del Castillo
Publisher : Springer Science & Business Media
Page : 462 pages
File Size : 51,9 Mb
Release : 2007-09-14
Category : Mathematics
ISBN : 9780387714356

Get Book

Process Optimization by Enrique del Castillo Pdf

This book covers several bases at once. It is useful as a textbook for a second course in experimental optimization techniques for industrial production processes. In addition, it is a superb reference volume for use by professors and graduate students in Industrial Engineering and Statistics departments. It will also be of huge interest to applied statisticians, process engineers, and quality engineers working in the electronics and biotech manufacturing industries. In all, it provides an in-depth presentation of the statistical issues that arise in optimization problems, including confidence regions on the optimal settings of a process, stopping rules in experimental optimization, and more.

Dynamic Portfolio Strategies: quantitative methods and empirical rules for incomplete information

Nikolai Dokuchaev
Dynamic Portfolio Strategies quantitative methods and empirical rules for incomplete information Book PDF

Author : Nikolai Dokuchaev
Publisher : Springer Science & Business Media
Page : 213 pages
File Size : 55,9 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461509219

Get Book

Dynamic Portfolio Strategies: quantitative methods and empirical rules for incomplete information by Nikolai Dokuchaev Pdf

Dynamic Portfolio Strategies: Quantitative Methods and Empirical Rules for Incomplete Information investigates optimal investment problems for stochastic financial market models. It is addressed to academics and students who are interested in the mathematics of finance, stochastic processes, and optimal control, and also to practitioners in risk management and quantitative analysis who are interested in new strategies and methods of stochastic analysis. While there are many works devoted to the solution of optimal investment problems for various models, the focus of this book is on analytical strategies based on "technical analysis" which are model-free. The technical analysis of these strategies has a number of characteristics. Two of the more important characteristics are: (1) they require only historical data, and (2) typically they are more widely used by traders than analysis based on stochastic models. Hence it is the objective of this book to reduce the gap between model-free strategies and strategies that are "optimal" for stochastic models. We hope that researchers, students and practitioners will be interested in some of the new empirically based methods of "technical analysis" strategies suggested in this book and evaluated via stochastic market models.

Risk Analysis Foundations, Models, and Methods

Louis Anthony Cox Jr.
Risk Analysis Foundations Models and Methods Book PDF

Author : Louis Anthony Cox Jr.
Publisher : Springer Science & Business Media
Page : 564 pages
File Size : 49,6 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461508472

Get Book

Risk Analysis Foundations, Models, and Methods by Louis Anthony Cox Jr. Pdf

Risk Analysis: Foundations, Models, and Methods fully addresses the questions of "What is health risk analysis?" and "How can its potentialities be developed to be most valuable to public health decision-makers and other health risk managers?" Risk analysis provides methods and principles for answering these questions. It is divided into methods for assessing, communicating, and managing health risks. Risk assessment quantitatively estimates the health risks to individuals and to groups from hazardous exposures and from the decisions or activities that create them. It applies specialized models and methods to quantify likely exposures and their resulting health risks. Its goal is to produce information to improve decisions. It does this by relating alternative decisions to their probable consequences and by identifying those decisions that make preferred outcomes more likely. Health risk assessment draws on explicit engineering, biomathematical, and statistical consequence models to describe or simulate the causal relations between actions and their probable effects on health. Risk communication characterizes and presents information about health risks and uncertainties to decision-makers and stakeholders. Risk management applies principles for choosing among alternative decision alternatives or actions that affect exposure, health risks, or their consequences.

Quantitative Models for Performance Evaluation and Benchmarking

Joe Zhu
Quantitative Models for Performance Evaluation and Benchmarking Book PDF

Author : Joe Zhu
Publisher : Springer Science & Business Media
Page : 313 pages
File Size : 44,6 Mb
Release : 2013-03-09
Category : Business & Economics
ISBN : 9781475742466

Get Book

Quantitative Models for Performance Evaluation and Benchmarking by Joe Zhu Pdf

Managers are often under great pressure to improve the performance of their organizations. To improve performance, one needs to constantly evaluate operations or processes related to producing products, providing services, and marketing and selling products. Performance evaluation and benchmarking are a widely used method to identify and adopt best practices as a means to improve performance and increase productivity, and are particularly valuable when no objective or engineered standard is available to define efficient and effective performance. For this reason, benchmarking is often used in managing service operations, because service standards (benchmarks) are more difficult to define than manufacturing standards. Benchmarks can be established but they are somewhat limited as they work with single measurements one at a time. It is difficult to evaluate an organization's performance when there are multiple inputs and outputs to the system. The difficulties are further enhanced when the relationships between the inputs and the outputs are complex and involve unknown tradeoffs. It is critical to show benchmarks where multiple measurements exist. The current book introduces the methodology of data envelopment analysis (DEA) and its uses in performance evaluation and benchmarking under the context of mUltiple performance measures.

Proportional Optimization and Fairness

Wieslaw Kubiak
Proportional Optimization and Fairness Book PDF

Author : Wieslaw Kubiak
Publisher : Springer Science & Business Media
Page : 300 pages
File Size : 43,5 Mb
Release : 2008-11-16
Category : Business & Economics
ISBN : 9780387877198

Get Book

Proportional Optimization and Fairness by Wieslaw Kubiak Pdf

Proportional Optimization and Fairness is a long-needed attempt to reconcile optimization with apportionment in just-in-time (JIT) sequences and find the common ground in solving problems ranging from sequencing mixed-model just-in-time assembly lines through just-in-time batch production, balancing workloads in event graphs to bandwidth allocation internet gateways and resource allocation in computer operating systems. The book argues that apportionment theory and optimization based on deviation functions provide natural benchmarks for a process, and then looks at the recent research and developments in the field. Individual chapters look at the theory of apportionment and just-in-time sequences; minimization of just-in-time sequence deviation; optimality of cyclic sequences and the oneness; bottleneck minimization; competition-free instances, Fraenkel’s Conjecture, and optimal admission sequences; response time variability; applications to the Liu-Layland Problem and pinwheel scheduling; temporal capacity constraints and supply chain balancing; fair queuing and stride scheduling; and smoothing and batching.

Time-Varying Network Optimization

Dan Sha,C. K. Wong
Time Varying Network Optimization Book PDF

Author : Dan Sha,C. K. Wong
Publisher : Springer Science & Business Media
Page : 234 pages
File Size : 45,5 Mb
Release : 2007-05-05
Category : Computers
ISBN : 9780387712154

Get Book

Time-Varying Network Optimization by Dan Sha,C. K. Wong Pdf

This text describes a series of models, propositions, and algorithms developed in recent years on time-varying networks. References and discussions on relevant problems and studies that have appeared in the literature are integrated in the book. Its eight chapters consider problems including the shortest path problem, the minimum-spanning tree problem, the maximum flow problem, and many more. The time-varying traveling salesman problem and the Chinese postman problem are presented in a chapter together with the time-varying generalized problem. While these topics are examined within the framework of time-varying networks, each chapter is self-contained so that each can be read – and used – separately.

To Queue or Not to Queue

Refael Hassin,Moshe Haviv
To Queue or Not to Queue Book PDF

Author : Refael Hassin,Moshe Haviv
Publisher : Springer Science & Business Media
Page : 212 pages
File Size : 40,7 Mb
Release : 2003
Category : Business & Economics
ISBN : 1402072031

Get Book

To Queue or Not to Queue by Refael Hassin,Moshe Haviv Pdf

To Queue Or Not To Queue: Equilibrium Behavior in Queueing Systems focuses on the highly interesting, practical viewpoint of customer behavior and its effect on the performance of the queueing system. The book's objectives are threefold: (1) It is a comprehensive survey of the literature on equilibrium behavior of customers and servers in queueing systems. The literature is rich and considerable, but lacks continuity. This book will provide the needed continuity and cover some issues that have not been adequately treated. (2) In addition, it will examine the known results of the field, classify them and identify where and how they relate to each other. (3) And finally, it seeks to fill a number of the gaps in the literature with new results while explicitly outlining open problems in other areas. With this book, it is the authors' paramount purpose is to motivate further research and to help researchers identify new and interesting open problems.

Handbook of Metaheuristics

Fred W. Glover,Gary A. Kochenberger
Handbook of Metaheuristics Book PDF

Author : Fred W. Glover,Gary A. Kochenberger
Publisher : Springer Science & Business Media
Page : 560 pages
File Size : 51,7 Mb
Release : 2003-01-31
Category : Mathematics
ISBN : 9781402072635

Get Book

Handbook of Metaheuristics by Fred W. Glover,Gary A. Kochenberger Pdf

This book provides both the research and practitioner communities with a comprehensive coverage of the metaheuristic methodologies that have proven to be successful in a wide variety of real-world problem settings. Moreover, it is these metaheuristic strategies that hold particular promise for success in the future. The various chapters serve as stand alone presentations giving both the necessary background underpinnings as well as practical guides for implementation.

Operations Research/Management Science at Work

Erhan Kozan,Azuma Ohuchi
Operations Research Management Science at Work Book PDF

Author : Erhan Kozan,Azuma Ohuchi
Publisher : Springer Science & Business Media
Page : 424 pages
File Size : 41,5 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461508199

Get Book

Operations Research/Management Science at Work by Erhan Kozan,Azuma Ohuchi Pdf

The principle aim of this book, entitled "Operations ResearchlManagement Science at Work", is to provide a summary snapshot of recent research in and applications of Operations Research (OR)/ Management Science (MS) in the Asia-pacific region. The book emphasises research having potential industry interest, covering a wide range of topics from major fields of ORIMS in a systematic and coherent fashion and shows the elegance of their implementations. The book is intended to serve the needs of applied researchers who are interested in applications of ORIMS algorithms. The book includes descriptions of many real-world problems together with their solutions; we hope the reader will appreciate their applicability. The Asia-pacific region has embraced business applications of decision support systems in recent years. Given that many of these applications are unaffected by legacy models or systems it has meant that state of the art ORIMS techniques have been embedded in them. Moreover, the increased use of OR/MS techniques in this region provides opportunities for identifying methodological advances that are taking place as a result of the unique nature of the applications. These also provide opportunities for exploring synergies and interfaces that exist between OR/MS, from the point of view of applications as well as theoretical advances.