Business Applications of Operations Research

Business Applications of Operations Research PDF Author: Bodhibrata Nag
Publisher: Business Expert Press
ISBN: 1606495275
Category : Business & Economics
Languages : en
Pages : 128

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Book Description
Operations Research is a bouquet of mathematical techniques which have evolved over the last six decades, to improve the process of business decision making. Operations Research offers tools to optimize and find the best solutions to myriad decisions that managers have to take in their day to day operations or while carrying out strategic planning. Today, with the advent of operations research software, these tools can be applied by managers even without any knowledge of the mathematical techniques that underlie the solution procedures. The book starts with a brief introduction to various tools of operations research, such as linear programming, integer programming, multi-objective programming, queuing theory and network theory together with simple examples in each of the areas. Another introductory chapter on handling the operations research software, along with examples is also provided. The book intends to make the readers aware of the power and potential of operations research in addressing decision making in areas of operations, supply chain, financial and marketing management. The approach of this book is to demonstrate the solution to specific problems in these areas using operations research techniques and software. The reader is encouraged to use the accompanying software models to solve these problems, using detailed do-it-yourself instructions. The intended outcome for readers of this book will be gaining familiarity and an intuitive understanding of the various tools of operations research and their applications to various business situations. It is expected that this will give the reader the ability and confidence to devise models for their own business needs.

Business Applications of Operations Research

Business Applications of Operations Research PDF Author: Bodhibrata Nag
Publisher: Business Expert Press
ISBN: 1606495275
Category : Business & Economics
Languages : en
Pages : 128

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Book Description
Operations Research is a bouquet of mathematical techniques which have evolved over the last six decades, to improve the process of business decision making. Operations Research offers tools to optimize and find the best solutions to myriad decisions that managers have to take in their day to day operations or while carrying out strategic planning. Today, with the advent of operations research software, these tools can be applied by managers even without any knowledge of the mathematical techniques that underlie the solution procedures. The book starts with a brief introduction to various tools of operations research, such as linear programming, integer programming, multi-objective programming, queuing theory and network theory together with simple examples in each of the areas. Another introductory chapter on handling the operations research software, along with examples is also provided. The book intends to make the readers aware of the power and potential of operations research in addressing decision making in areas of operations, supply chain, financial and marketing management. The approach of this book is to demonstrate the solution to specific problems in these areas using operations research techniques and software. The reader is encouraged to use the accompanying software models to solve these problems, using detailed do-it-yourself instructions. The intended outcome for readers of this book will be gaining familiarity and an intuitive understanding of the various tools of operations research and their applications to various business situations. It is expected that this will give the reader the ability and confidence to devise models for their own business needs.

Operations Research Applications

Operations Research Applications PDF Author: A. Ravi Ravindran
Publisher: CRC Press
ISBN: 1420091875
Category : Business & Economics
Languages : en
Pages : 420

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Book Description
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

Management Science

Management Science PDF Author: Stafford Beer
Publisher: Garden City, N.Y. : Doubleday, 1968 [c1967]
ISBN:
Category : Operations research
Languages : en
Pages : 200

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Book Description
Monograph on scientific management - covers automation, cybernetics, computers, managers, operational research, simulation, etc.

Operations Research

Operations Research PDF Author: Wayne L. Winston
Publisher: Duxbury Resource Center
ISBN:
Category : Business & Economics
Languages : en
Pages : 1050

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Book Description


Operations Research and Big Data

Operations Research and Big Data PDF Author: Ana Paula Ferreira Dias Barbosa Póvoa
Publisher: Springer
ISBN: 3319241540
Category : Technology & Engineering
Languages : en
Pages : 255

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Book Description
The development of Operations Research (OR) requires constant improvements, such as the integration of research results with business applications and innovative educational practice. The full deployment and commercial exploitation of goods and services generally need the construction of strong synergies between educational institutions and businesses. The IO2015 -XVII Congress of APDIO aims at strengthening the knowledge triangle in education, research and innovation, in order to maximize the contribution of OR for sustainable growth, the promoting of a knowledge-based economy, and the smart use of finite resources. The IO2015-XVII Congress of APDIO is a privileged meeting point for the promotion and dissemination of OR and related disciplines, through the exchange of ideas among teachers, researchers, students , and professionals with different background, but all sharing a common desire that is the development of OR.

Operations Research and Health Care

Operations Research and Health Care PDF Author: Margaret L. Brandeau
Publisher: Springer Science & Business Media
ISBN: 1402080662
Category : Medical
Languages : en
Pages : 870

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Book Description
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.

Applications of Operations Research and Management Science

Applications of Operations Research and Management Science PDF Author: G. S. R. Murthy
Publisher: Springer
ISBN: 3319179217
Category : Business & Economics
Languages : en
Pages : 284

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Book Description
This book includes case studies that examine the application of operations research to improve or increase efficiency in industry and operational activities. This collection of “living case studies” is all based on the author’s 30-year career of consulting and advisory work. These true-to life industrial applications illustrate the research and development of solutions, as well as potential implementation and integration problems that may occur when adopting these methods into a business. Among the topics covered in the chapters include optimization in circuit board manufacturing, Decision Support System (DSS) for plant loading and dispatch planning, as well as development of important test procedures for tyre and pharma industry with shelf life constraints. In particular, the study on deckle optimization should be of great help to managers in paper industry and consultants for development of deckle optimization software. The application of operations research throughout the industry makes it an ideal guide for industrial executives, professionals and practitioners responsible for quality and productivity improvement.

Encyclopedia of Operations Research and Management Science

Encyclopedia of Operations Research and Management Science PDF Author: Saul I. Gass
Publisher: Springer Science & Business Media
ISBN: 1461304598
Category : Business & Economics
Languages : en
Pages : 774

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Book Description
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.

Management Science

Management Science PDF Author: Thomas Russell Hoffmann
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


Military Operations Research

Military Operations Research PDF Author: N.K. Jaiswal
Publisher: Springer Science & Business Media
ISBN: 1461562759
Category : Business & Economics
Languages : en
Pages : 398

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Book Description
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.