Handbooks In Operations Research And Management Science Simulation

Author : Shane G. Henderson,Barry L. Nelson
Publisher : Elsevier
Page : 692 pages
File Size : 50,8 Mb
Release : 2006-09-02
Category : Business & Economics
ISBN : 0080464769

Get Book

Handbooks in Operations Research and Management Science: Simulation by Shane G. Henderson,Barry L. Nelson Pdf

This Handbook is a collection of chapters on key issues in the design and analysis of computer simulation experiments on models of stochastic systems. The chapters are tightly focused and written by experts in each area. For the purpose of this volume “simulation refers to the analysis of stochastic processes through the generation of sample paths (realization) of the processes. Attention focuses on design and analysis issues and the goal of this volume is to survey the concepts, principles, tools and techniques that underlie the theory and practice of stochastic simulation design and analysis. Emphasis is placed on the ideas and methods that are likely to remain an intrinsic part of the foundation of the field for the foreseeable future. The chapters provide up-to-date references for both the simulation researcher and the advanced simulation user, but they do not constitute an introductory level ‘how to’ guide. Computer scientists, financial analysts, industrial engineers, management scientists, operations researchers and many other professionals use stochastic simulation to design, understand and improve communications, financial, manufacturing, logistics, and service systems. A theme that runs throughout these diverse applications is the need to evaluate system performance in the face of uncertainty, including uncertainty in user load, interest rates, demand for product, availability of goods, cost of transportation and equipment failures. * Tightly focused chapters written by experts * Surveys concepts, principles, tools, and techniques that underlie the theory and practice of stochastic simulation design and analysis * Provides an up-to-date reference for both simulation researchers and advanced simulation users

Author : John R. Birge,Vadim Linetsky
Publisher : Elsevier
Page : 1026 pages
File Size : 46,6 Mb
Release : 2007-11-16
Category : Business & Economics
ISBN : 0080553257

Get Book

Handbooks in Operations Research and Management Science: Financial Engineering by John R. Birge,Vadim Linetsky Pdf

The remarkable growth of financial markets over the past decades has been accompanied by an equally remarkable explosion in financial engineering, the interdisciplinary field focusing on applications of mathematical and statistical modeling and computational technology to problems in the financial services industry. The goals of financial engineering research are to develop empirically realistic stochastic models describing dynamics of financial risk variables, such as asset prices, foreign exchange rates, and interest rates, and to develop analytical, computational and statistical methods and tools to implement the models and employ them to design and evaluate financial products and processes to manage risk and to meet financial goals. This handbook describes the latest developments in this rapidly evolving field in the areas of modeling and pricing financial derivatives, building models of interest rates and credit risk, pricing and hedging in incomplete markets, risk management, and portfolio optimization. Leading researchers in each of these areas provide their perspective on the state of the art in terms of analysis, computation, and practical relevance. The authors describe essential results to date, fundamental methods and tools, as well as new views of the existing literature, opportunities, and challenges for future research.

Author : A. Ravi Ravindran
Publisher : CRC Press
Page : 900 pages
File Size : 50,5 Mb
Release : 2016-04-19
Category : Business & Economics
ISBN : 9781420009712

Get Book

Operations Research and Management Science Handbook by A. Ravi Ravindran Pdf

Operations Research (OR) began as an interdisciplinary activity to solve complex military problems during World War II. Utilizing principles from mathematics, engineering, business, computer science, economics, and statistics, OR has developed into a full fledged academic discipline with practical application in business, industry, government and m

Author : Zilla Sinuany-Stern
Publisher : Springer Nature
Page : 529 pages
File Size : 47,6 Mb
Release : 2021-09-09
Category : Business & Economics
ISBN : 9783030740511

Get Book

Handbook of Operations Research and Management Science in Higher Education by Zilla Sinuany-Stern Pdf

This handbook covers various areas of Higher Education (HE) in which operations research/management science (OR/MS) techniques are used. Key examples include: international comparisons, university rankings, and rating academic efficiency with Data Envelopment Analysis (DEA); formulating academic strategy with balanced scorecard; budgeting and planning with linear and quadratic models; student forecasting; E-learning evaluation; faculty evaluation with questionnaires and multivariate statistics; marketing for HE; analytic and educational simulation; academic information systems; technology transfer with systems analysis; and examination timetabling. Overviews, case studies and findings on advanced OR/MS applications in various functional areas of HE are included.

Author : Anonim
Publisher : Unknown
Page : 128 pages
File Size : 47,6 Mb
Release : 2012
Category : Simulation methods
ISBN : 178163114X

Get Book

Handbook of Operations Research and Management Information Science by Anonim Pdf

Author : Jack P.C. Kleijnen
Publisher : Springer Science & Business Media
Page : 229 pages
File Size : 40,8 Mb
Release : 2007-11-15
Category : Mathematics
ISBN : 9780387718132

Get Book

Design and Analysis of Simulation Experiments by Jack P.C. Kleijnen Pdf

Simulation is a widely used methodology in all Applied Science disciplines. This textbook focuses on this crucial phase in the overall process of applying simulation, and includes the best of both classic and modern methods of simulation experimentation. This book will be the standard reference book on the topic for both researchers and sophisticated practitioners, and it will be used as a textbook in courses or seminars focusing on this topic.

Author : George S. Fishman
Publisher : Springer Science & Business Media
Page : 554 pages
File Size : 43,8 Mb
Release : 2013-03-09
Category : Computers
ISBN : 9781475735529

Get Book

Discrete-Event Simulation by George S. Fishman Pdf

"This is an excellent and well-written text on discrete event simulation with a focus on applications in Operations Research. There is substantial attention to programming, output analysis, pseudo-random number generation and modelling and these sections are quite thorough. Methods are provided for generating pseudo-random numbers (including combining such streams) and for generating random numbers from most standard statistical distributions." --ISI Short Book Reviews, 22:2, August 2002

Author : Lluis M. Plà-Aragonés
Publisher : Springer
Page : 464 pages
File Size : 41,9 Mb
Release : 2015-04-28
Category : Business & Economics
ISBN : 9781493924837

Get Book

Handbook of Operations Research in Agriculture and the Agri-Food Industry by Lluis M. Plà-Aragonés Pdf

The scope of this book is Operations Research methods in Agriculture and a thorough discussion of derived applications in the Agri-food industry. The book summarizes current research and practice in this area and illustrates the development of useful approaches to deal with actual problems arising in the agriculture sector and the agri-food industry. This book is intended to collect in one volume high quality chapters on Methods and Applications in Agriculture and Agri-food industry considering both theoretical issues and application results. Methods applied to problems in agriculture and the agri-food industry include, but are not restricted to, the following themes: Dynamic programming Multi-criteria decision methods Markov decision processes Linear programming Stochastic programming Parameter estimation and knowledge acquisition Learning from data Simulation Descriptive and normative decision tree techniques, including: agent modelling and simulation, and state of the art surveys Each chapter includes some standard and traditional methodology but also some recent research advances. All the applications presented in the chapters have been inspired and motivated by the demands from the agriculture and food production areas.

Author : José Ramón San Cristóbal Mateo
Publisher : Gower Publishing, Ltd.
Page : 241 pages
File Size : 53,7 Mb
Release : 2015-02-28
Category : Business & Economics
ISBN : 9781472426451

Get Book

Management Science, Operations Research and Project Management by José Ramón San Cristóbal Mateo Pdf

Due to its societal and economic relevance, Project Management (PM) has become an important discipline and a concept critical to modern organizations, public and private. PM as an academic discipline is discussed both in Management Science and in Operations Research. Management Science tends to focus on quantitative tools and the soft skills necessary to manage projects successfully. Operations Research gives the essential scientific contribution to the success of project management through the development of models and algorithms. In Management Science, Operations Research and Project Management, José Ramón San Cristóbal Mateo fills the gap between scientific research and the practical application of that research. Project managers need formal training in decision-making but sometimes, they do not have an in-depth knowledge of Operations Research or they lack the necessary theoretical background. This book, with its focus on the quantitative models of Operations Research and Management Science applied to Project Management, provides project managers with the tools and methods necessary to manage projects successfully. Project managers operate in a complex global environment, in which numerous factors need to be considered, such as minimizing total project costs, meeting contracted dates, and ensuring that activities achieve certain quality levels. The focus here on the application of quantitative models of Operations Research and Management Science applied to Project Management provides them with the tools and methods necessary to make sound decisions.

Author : Michael C Fu
Publisher : Springer
Page : 400 pages
File Size : 51,8 Mb
Release : 2014-11-13
Category : Business & Economics
ISBN : 9781493913848

Get Book

Handbook of Simulation Optimization by Michael C Fu Pdf

The Handbook of Simulation Optimization presents an overview of the state of the art of simulation optimization, providing a survey of the most well-established approaches for optimizing stochastic simulation models and a sampling of recent research advances in theory and methodology. Leading contributors cover such topics as discrete optimization via simulation, ranking and selection, efficient simulation budget allocation, random search methods, response surface methodology, stochastic gradient estimation, stochastic approximation, sample average approximation, stochastic constraints, variance reduction techniques, model-based stochastic search methods and Markov decision processes. This single volume should serve as a reference for those already in the field and as a means for those new to the field for understanding and applying the main approaches. The intended audience includes researchers, practitioners and graduate students in the business/engineering fields of operations research, management science, operations management and stochastic control, as well as in economics/finance and computer science.

Author : Berend Wierenga
Publisher : Springer Science & Business Media
Page : 621 pages
File Size : 42,9 Mb
Release : 2008-09-05
Category : Business & Economics
ISBN : 9780387782133

Get Book

Handbook of Marketing Decision Models by Berend Wierenga Pdf

Marketing models is a core component of the marketing discipline. The recent developments in marketing models have been incredibly fast with information technology (e.g., the Internet), online marketing (e-commerce) and customer relationship management (CRM) creating radical changes in the way companies interact with their customers. This has created completely new breeds of marketing models, but major progress has also taken place in existing types of marketing models. Handbook of Marketing Decision Models presents the state of the art in marketing decision models. The book deals with new modeling areas, such as customer relationship management, customer value and online marketing, as well as recent developments in other advertising, sales promotions, sales management, and competition are dealt with. New developments are in consumer decision models, models for return on marketing, marketing management support systems, and in special techniques such as time series and neural nets.

Author : Margaret L. Brandeau,Francois Sainfort,William P. Pierskalla
Publisher : Springer Science & Business Media
Page : 870 pages
File Size : 50,9 Mb
Release : 2006-04-04
Category : Medical
ISBN : 9781402080661

Get Book

Operations Research and Health Care by Margaret L. Brandeau,Francois Sainfort,William P. Pierskalla Pdf

In both rich and poor nations, public resources for health care are inadequate to meet demand. Policy makers and health care providers must determine how to provide the most effective health care to citizens using the limited resources that are available. This chapter describes current and future challenges in the delivery of health care, and outlines the role that operations research (OR) models can play in helping to solve those problems. The chapter concludes with an overview of this book – its intended audience, the areas covered, and a description of the subsequent chapters. KEY WORDS Health care delivery, Health care planning HEALTH CARE DELIVERY: PROBLEMS AND CHALLENGES 3 1.1 WORLDWIDE HEALTH: THE PAST 50 YEARS Human health has improved significantly in the last 50 years. In 1950, global life expectancy was 46 years [1]. That figure rose to 61 years by 1980 and to 67 years by 1998 [2]. Much of these gains occurred in low- and middle-income countries, and were due in large part to improved nutrition and sanitation, medical innovations, and improvements in public health infrastructure.

Author : Brian T. Denton
Publisher : Springer Science & Business Media
Page : 542 pages
File Size : 50,8 Mb
Release : 2013-02-28
Category : Business & Economics
ISBN : 9781461458852

Get Book

Handbook of Healthcare Operations Management by Brian T. Denton Pdf

From the Preface: Collectively, the chapters in this book address application domains including inpatient and outpatient services, public health networks, supply chain management, and resource constrained settings in developing countries. Many of the chapters provide specific examples or case studies illustrating the applications of operations research methods across the globe, including Africa, Australia, Belgium, Canada, the United Kingdom, and the United States. Chapters 1-4 review operations research methods that are most commonly applied to health care operations management including: queuing, simulation, and mathematical programming. Chapters 5-7 address challenges related to inpatient services in hospitals such as surgery, intensive care units, and hospital wards. Chapters 8-10 cover outpatient services, the fastest growing part of many health systems, and describe operations research models for primary and specialty care services, and how to plan for patient no-shows. Chapters 12 – 16 cover topics related to the broader integration of health services in the context of public health, including optimizing the location of emergency vehicles, planning for mass vaccination events, and the coordination among different parts of a health system. Chapters 17-18 address supply chain management within hospitals, with a focus on pharmaceutical supply management, and the challenges of managing inventory for nursing units. Finally, Chapters 19-20 provide examples of important and emerging research in the realm of humanitarian logistics.

Author : Y. Ilker Topcu,Şule Önsel Ekici,Özgür Kabak,Emel Aktas,Özay Özaydın
Publisher : Springer Nature
Page : 606 pages
File Size : 49,8 Mb
Release : 2022-06-24
Category : Business & Economics
ISBN : 9783030918514

Get Book

New Perspectives in Operations Research and Management Science by Y. Ilker Topcu,Şule Önsel Ekici,Özgür Kabak,Emel Aktas,Özay Özaydın Pdf

This book presents innovative operations research applications in business, specifically industrial engineering and its sub-disciplines. It investigates new perspectives in operations research and management science with regard to research methods, the research context, and industrial engineering, offering readers a broad range of new approaches to management problems. The book features the latest work of researchers who have worked with Professor Fusun Ulengin or built upon her work in their academic careers. Written in honor of Prof. Ulengin, this book was edited by her former Ph.D. students, who are now experts in operations research, multiple criteria decision making, competitiveness, logistics, and supply chain management. Prof. Ulengin’s impact in academia is visible in the range of topics and methodologies featured in this book: Location and transportation problems, competitiveness of nations, food supply chains, debt collection, mathematical modelling, multiple criteria decision making, data envelopment analysis, random forests, and Bayesian networks.

Author : N.K. Jaiswal
Publisher : Springer Science & Business Media
Page : 398 pages
File Size : 40,9 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461562757

Get Book

Military Operations Research by N.K. Jaiswal Pdf

Operations Research (OR) emerged in an effort to improve the effectiveness of newly inducted weapons and equipment during World War II. While rapid growth ofOR led to its becoming an important aid to decision making in all sectors including defense, its contribution in defense remained largely confined to classified reports. Very few books dealing with applications of quantitative decision making techniques in military have been published presumably due to limited availability ofrelevant information. The situation changed rapidly during the last few years. The recognition of the subject of Military Operations Research (MOR) gave tremendous boost to its development. Books and journals on MOR started appearing. The number of sessions on MOR at national and international conferences also registered an increase. The volume of teaching, training and research activities in the field of MOR at military schools and non-military schools enhanced considerably. Military executives and commanders started taking increasing interest in getting scientific answers to questions pertaining to weapon acquisition, threat perception and quantification, assessment of damage or casualties, evaluation of chance of winning a battle, force mix, deployment and targeting of weapons against enemy targets, war games and scenario evaluation. Most of these problems were being tackled on the basis of intuition, judgment and experience or analysis under very simple assumptions. In an increasingly sophisticated and complex defense scenario resulting in advances in equipment and communications, the need for supplementing these practices by scientific research in MOR became imperative.