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Optimization For Decision Making

Author: Katta G. Murty
Publisher: Springer Science & Business Media
ISBN: 9781441912916
Size: 14.75 MB
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Linear programming (LP), modeling, and optimization are very much the fundamentals of OR, and no academic program is complete without them. No matter how highly developed one’s LP skills are, however, if a fine appreciation for modeling isn’t developed to make the best use of those skills, then the truly ‘best solutions’ are often not realized, and efforts go wasted. Katta Murty studied LP with George Dantzig, the father of linear programming, and has written the graduate-level solution to that problem. While maintaining the rigorous LP instruction required, Murty's new book is unique in his focus on developing modeling skills to support valid decision making for complex real world problems. He describes the approach as 'intelligent modeling and decision making' to emphasize the importance of employing the best expression of actual problems and then applying the most computationally effective and efficient solution technique for that model.

Principles Of Mathematics In Operations Research

Author: Levent Kandiller
Publisher: Springer Science & Business Media
ISBN: 0387377352
Size: 78.89 MB
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This book is a comprehensive survey of the mathematical concepts and principles of industrial mathematics. Its purpose is to provide students and professionals with an understanding of the fundamental mathematical principles used in Industrial Mathematics/OR in modeling problems and application solutions. All the concepts presented in each chapter have undergone the learning scrutiny of the author and his students. The illustrative material throughout the book was refined for student comprehension as the manuscript developed through its iterations, and the chapter exercises are refined from the previous year's exercises.

Farm Level Modelling

Author: Shailesh Shrestha
Publisher: CABI
ISBN: 1780644280
Size: 30.38 MB
Format: PDF
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Agriculture is the product of a complex mixture of behavioural, biophysical and market drivers. Understanding how these factors interact to produce crops and livestock for food has been the focus of economic investigation for many years. The advent of optimisation algorithms and the exponential growth in computing technology has allowed significant growth in mathematical modelling of the dynamics of agricultural systems. The complexity of approaches has grown in parallel with the availability of data at increasingly finer resolutions. Farm-level models have been widely used in agricultural economic studies to understand how farmers and land owners respond to market and policy levers. This book provides an in-depth description of different methodologies and techniques currently used in farm-level modelling. While giving an overview of the theoretical grounding behind the models, an applied approach is also used. Case studies range from the application of modelling to policy reforms and the subsequent impacts on rural communities and food supply. This book also provides descriptions of the use of farm-level models in much wider fields such as aggregation and linking with sectoral models. Its purpose is to show the reader the methods that have been employed to inform decision-makers about how to improve the economic, social and environmental goals required to achieve the aims of multidimensional policy.

Encyclopedia Of Operations Research And Management Science

Author: Saul I. Gass
Publisher: Springer Science & Business Media
ISBN: 1461304598
Size: 14.36 MB
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Operations Research: 1934-1941," 35, 1, 143-152; "British The goal of the Encyclopedia of Operations Research and Operational Research in World War II," 35, 3, 453-470; Management Science is to provide to decision makers and "U. S. Operations Research in World War II," 35, 6, 910-925; problem solvers in business, industry, government and and the 1984 article by Harold Lardner that appeared in academia a comprehensive overview of the wide range of Operations Research: "The Origin of Operational Research," ideas, methodologies, and synergistic forces that combine to 32, 2, 465-475. form the preeminent decision-aiding fields of operations re search and management science (OR/MS). To this end, we The Encyclopedia contains no entries that define the fields enlisted a distinguished international group of academics of operations research and management science. OR and MS and practitioners to contribute articles on subjects for are often equated to one another. If one defines them by the which they are renowned. methodologies they employ, the equation would probably The editors, working with the Encyclopedia's Editorial stand inspection. If one defines them by their historical Advisory Board, surveyed and divided OR/MS into specific developments and the classes of problems they encompass, topics that collectively encompass the foundations, applica the equation becomes fuzzy. The formalism OR grew out of tions, and emerging elements of this ever-changing field. We the operational problems of the British and U. s. military also wanted to establish the close associations that OR/MS efforts in World War II.

Handbook On Decision Making

Author: Jie Lu
Publisher: Springer Science & Business Media
ISBN: 3642257550
Size: 50.11 MB
Format: PDF
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This book presents innovative theories, methodologies, and techniques in the field of risk management and decision making. It introduces new research developments and provides a comprehensive image of their potential applications to readers interested in the area. The collection includes: computational intelligence applications in decision making, multi-criteria decision making under risk, risk modelling,forecasting and evaluation, public security and community safety, risk management in supply chain and other business decision making, political risk management and disaster response systems. The book is directed to academic and applied researchers working on risk management, decision making, and management information systems.

Mathematical Optimization Terminology

Author: Andre A. Keller
Publisher: Academic Press
ISBN: 0128052953
Size: 33.24 MB
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Mathematical Optimization Terminology: A Comprehensive Glossary of Terms is a practical book with the essential formulations, illustrative examples, real-world applications and main references on the topic. This book helps readers gain a more practical understanding of optimization, enabling them to apply it to their algorithms. This book also addresses the need for a practical publication that introduces these concepts and techniques. Discusses real-world applications of optimization and how it can be used in algorithms Explains the essential formulations of optimization in mathematics Covers a more practical approach to optimization

Location Transport And Land Use

Author: Yupo Chan
Publisher: Springer Science & Business Media
ISBN: 9783540268512
Size: 27.55 MB
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1. Theme and focus Few books are available to integrate the models for facilities siting, transportation, and land-use. Employing state-of-the-art quantitative-models and case-studies, this book would guide the siting of such facilities as transportation terminals, warehouses, nuclear power plants, military bases, landfills, emergency shelters, state parks, and industrial plants. The book also shows the use of statistical tools for forecasting and analyzing implications of land-use decisions. The idea is that la- use on a map is necessarily a consequence of individual, and often conflicting, siting decisions over time. Since facilities often develop to form a community, these decisions are interrelated spatially—i. e. , they need to be accessible to one another via the transportation system. It is our thesis that a common methodological procedure exists to analyze all these spatial-temporal constructs. While there are several monographs and texts on subjects related to this book's, this volume is unique in that it integrates existing practical and theoretical works on facility-location, transportation, and land-use. Instead of dealing with individual facility-location, transportation, or the resulting land-use pattern individually, it provides the underlying principles that are behind these types of models. Particularly of interest is the emphasis on counter-intuitive decisions that often escape our minds unless deliberate steps of analysis are taken. Oriented toward the fundamental principles of infrastructure management, the book transcends the traditional engineering and planning disciplines, where the main concerns are often exclusively either physical design, fiscal, socioeconomic or political considerations.