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BOOK EXCERPT:
The present text book entitled “Operations Research & its applications“ is very much useful for a beginner in this domain . More particularly for a quality control manager, person using network analysis and queue models for decision making. It is an Art, Science & Technology to understand the business environment to take the necessary alternative course of action to enhance the company’s reputation.It is frequently being used to analyze complex real life problems, typically with the goal of improving the performance of the organization. It is a multidisciplinary science which deals with the problem, formulation and solution in order to take an apt decision. This text book is suitable for all graduate students across the globe. In any industrial firm, managers always use methods of operations research to maintain a better quality control in their production. This is possible as it provides a fundamental basis in which one has to maintain and establish the standards of the company’s performance and ways to measure its productivity. It also, time and again monitors the standards and reports deviations, if any and enables the authorities to take the corrective measures. The mathematically developed formulas used in this book are readable format also student friendly. The main idea of this book is to increase the productivity in a deterministic or probabilistic way as they apply by usingtools like defining suitable algorithm, machine utilization and manpower planning in incorporating innovative technologies. In a nutshell, it is a subsidiary framework for a student with an adequate mathematical foundation to understand operations research problems like Linear Programming, Assignment Problems, Network Models, Dynamic Programming, etc. Thus, it gives an insight to understand the industry requirements and suggests valid optimal solutions by using the latest available techniques.
Product Details :
Genre |
: Education |
Author |
: Dr. Pavan Kumar Subbara |
Publisher |
: Shineeks Publishers |
Release |
: 2021-10-14 |
File |
: 228 Pages |
ISBN-13 |
: 9781632789907 |
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BOOK EXCERPT:
As operations research (OR) applications continue to grow and flourish in a number of decision making fields, a reference that is comprehensive, concise, and easy to read is more than a nicety, it is a necessity. This book provides a single volume overview of OR applications in practice, making it the first resource a practitioner would reach for w
Product Details :
Genre |
: Business & Economics |
Author |
: A. Ravi Ravindran |
Publisher |
: CRC Press |
Release |
: 2008-11-12 |
File |
: 420 Pages |
ISBN-13 |
: 9781420091878 |
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BOOK EXCERPT:
Since the 1960s, operations research (or, alternatively, management science) has become an indispensable tool in scientific management. In simple words, its goal on the strategic and tactical levels is to aid in decision making and, on the operational level, automate decision making. Its tools are algorithms, procedures that create and improve solutions to a point at which optimal or, at least, satisfactory solutions have been found. While many texts on the subject emphasize methods, the special focus of this book is on the applications of operations research in practice. Typically, a topic is introduced by means of a description of its applications, a model is formulated and its solution is presented. Then the solution is discussed and its implications for decision making are outlined. We have attempted to maximize the understanding of the topics by using intuitive reasoning while keeping mathematical notation and the description of techniques to a minimum. The exercises are designed to fully explore the material covered in the chapters, without resorting to mind-numbing repetitions and trivialization.
Product Details :
Genre |
: Business & Economics |
Author |
: H. A. Eiselt |
Publisher |
: Springer Science & Business Media |
Release |
: 2010-05-17 |
File |
: 455 Pages |
ISBN-13 |
: 9783642103261 |
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BOOK EXCERPT:
It covers all the relevant topics along with the recent developments in the field. The book begins with an overview of operations research and then discusses the simplex method of optimization and duality concept along with the deterministic models such as post-optimality analysis, transportation and assignment models. While covering hybrid models of operations research, the book elaborates PERT (Programme Evaluation and Review Technique), CPM (Critical Path Method), dynamic programming, inventory control models, simulation techniques and their applications in mathematical modelling and computer programming. It explains the decision theory, game theory, queueing theory, sequencing models, replacement and reliability problems, information theory and Markov processes which are related to stochastic models. Finally, this well-organized book describes advanced deterministic models that include goal programming, integer programming and non-linear programming.
Product Details :
Genre |
: Mathematics |
Author |
: Rathindra P. Sen |
Publisher |
: PHI Learning Pvt. Ltd. |
Release |
: 2010-01-30 |
File |
: 801 Pages |
ISBN-13 |
: 9788120339309 |
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BOOK EXCERPT:
This book on Operation Research has been specially written to meet the requirements of the M.Sc., M.Com and M.B.A. students. The subject matter has been discussed in such a simple way that the students will find no difficulty to understand it. The proof of various theorems and examples has been given with minute details. Each chapter of this book contains complete theory and fairly large number of solved examples, sufficient problems have also been selected from various universities examination papers. Contents: Introduction to Operation Research, Integer Programming, Dual Problem, Goal Programming, Sequencing Problem.
Product Details :
Genre |
: Integer programming |
Author |
: S. C. Sharma |
Publisher |
: Discovery Publishing House |
Release |
: 2006 |
File |
: 304 Pages |
ISBN-13 |
: 8183560911 |
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BOOK EXCERPT:
Product Details :
Genre |
: Mathematics |
Author |
: P. Ramamurthy |
Publisher |
: New Age International |
Release |
: 2007 |
File |
: 22 Pages |
ISBN-13 |
: 9788122420692 |
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BOOK EXCERPT:
Primarily intended for postgraduate students of management and computer applications, this book presents the theory and applications of operations research in an easy-to-read style. It introduces the readers to various models of operations research, such as transportation model, assignment model, inventory model, queuing model, replacement model, sequencing model, and integer programming model. The various methods to solve real-life problems faced by managers are also fully analyzed. Separate chapters are devoted to Linear Programming, Decision Theory, Game Theory, Dynamic Programming, and Project Management, which greatly help the decision-making process. The text features numerous fully worked-out examples, a fairly large number of exercises, and end-of-chapter theoretical questions which enhance the value of the text. Besides postgraduate students of management (MBA), computer applications (MCA), commerce, mathematics, and statistics, students of engineering will also find this text extremely useful.
Product Details :
Genre |
: Technology & Engineering |
Author |
: N. K. TIWARI |
Publisher |
: PHI Learning Pvt. Ltd. |
Release |
: 2006-01-01 |
File |
: 276 Pages |
ISBN-13 |
: 812032966X |
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BOOK EXCERPT:
The text envisages novel optimization methods that significantly impact real-life problems, starting from inventory control to economic decision-making. It discusses topics such as inventory control, queueing models, timetable scheduling, fuzzy optimization, and the Knapsack problem. The book’s content encompass the following key aspects: Presents a new model based on an unreliable server, wherein the convergence analysis is done using nature-inspired algorithms. Discusses the optimization techniques used in transportation problems, timetable problems, and optimal/dynamic pricing in inventory control. Highlights single and multi-objective optimization problems using pentagonal fuzzy numbers. Illustrates profit maximization inventory model for non-instantaneous deteriorating items with imprecise costs. Showcases nature-inspired algorithms such as particle swarm optimization, genetic algorithm, bat algorithm, and cuckoo search algorithm. The text covers multi-disciplinary real-time problems such as fuzzy optimization of transportation problems, inventory control with dynamic pricing, timetable problem with ant colony optimization, knapsack problem, queueing modeling using the nature-inspired algorithm, and multi-objective fuzzy linear programming. It showcases a comparative analysis for studying various combinations of system design parameters and default cost elements. It will serve as an ideal reference text for graduate students and academic researchers in the fields of industrial engineering, manufacturing engineering, production engineering, mechanical engineering, and mathematics.
Product Details :
Genre |
: Technology & Engineering |
Author |
: Jyotiranjan Nayak |
Publisher |
: CRC Press |
Release |
: 2023-11-29 |
File |
: 285 Pages |
ISBN-13 |
: 9781003802792 |
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BOOK EXCERPT:
Product Details :
Genre |
: Linear programming |
Author |
: A. M. Natarajan |
Publisher |
: Pearson Education India |
Release |
: 2006 |
File |
: 756 Pages |
ISBN-13 |
: 8131700003 |
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BOOK EXCERPT:
Effective logistics management has played a vital role in delivering products and services, and driving research into finding ever improving theoretical and technological solutions. While often thought of in terms of the business world, logistics and operations management strategies can also be effectively applied within the military, aeronautical, and maritime sectors. The Handbook of Research on Military, Aeronautical, and Maritime Logistics and Operations compiles interdisciplinary research on diverse issues related to logistics from an inclusive range of methodological perspectives. This publication focuses on original contributions in the form of theoretical, experimental research, and case studies on logistics strategies and operations management with an emphasis on military, aeronautical, and maritime environments. Academics and professionals operating in business environments, government institutions, and military research will find this publication beneficial to their research and professional endeavors.
Product Details :
Genre |
: Business & Economics |
Author |
: Ochoa-Zezzatti, Alberto |
Publisher |
: IGI Global |
Release |
: 2016-02-02 |
File |
: 620 Pages |
ISBN-13 |
: 9781466697805 |