Introduction to Mathematical Models in Operations Planning

Introduction to Mathematical Models in Operations Planning PDF Author: Halit Alper Tayalı
Publisher: CRC Press
ISBN: 100382885X
Category : Mathematics
Languages : en
Pages : 122

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Book Description
Discover the intricate nature of a company's production function and the comprehensive principles of planning operations in this book. Through practical applications and enriched by numerical examples, readers gain essential knowledge of elementary mathematical methods in operations planning. The inclusion of the powerful R programming language, accompanied by code scripts and real-world examples, enhances the learning experience. Blending theory with practice, this resource equips readers with the tools necessary to optimize production systems, make informed decisions, and gain a competitive edge in today's dynamic business landscape.

Introduction to Mathematical Models in Operations Planning

Introduction to Mathematical Models in Operations Planning PDF Author: Halit Alper Tayalı
Publisher: CRC Press
ISBN: 100382885X
Category : Mathematics
Languages : en
Pages : 122

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Book Description
Discover the intricate nature of a company's production function and the comprehensive principles of planning operations in this book. Through practical applications and enriched by numerical examples, readers gain essential knowledge of elementary mathematical methods in operations planning. The inclusion of the powerful R programming language, accompanied by code scripts and real-world examples, enhances the learning experience. Blending theory with practice, this resource equips readers with the tools necessary to optimize production systems, make informed decisions, and gain a competitive edge in today's dynamic business landscape.

An Introduction to Mathematical Modeling

An Introduction to Mathematical Modeling PDF Author: Edward A. Bender
Publisher: Courier Corporation
ISBN: 0486137120
Category : Mathematics
Languages : en
Pages : 273

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Book Description
Employing a practical, "learn by doing" approach, this first-rate text fosters the development of the skills beyond the pure mathematics needed to set up and manipulate mathematical models. The author draws on a diversity of fields — including science, engineering, and operations research — to provide over 100 reality-based examples. Students learn from the examples by applying mathematical methods to formulate, analyze, and criticize models. Extensive documentation, consisting of over 150 references, supplements the models, encouraging further research on models of particular interest. The lively and accessible text requires only minimal scientific background. Designed for senior college or beginning graduate-level students, it assumes only elementary calculus and basic probability theory for the first part, and ordinary differential equations and continuous probability for the second section. All problems require students to study and create models, encouraging their active participation rather than a mechanical approach. Beyond the classroom, this volume will prove interesting and rewarding to anyone concerned with the development of mathematical models or the application of modeling to problem solving in a wide array of applications.

Operations Planning

Operations Planning PDF Author: Joseph Geunes
Publisher: CRC Press
ISBN: 1482239914
Category : Business & Economics
Languages : en
Pages : 216

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Book Description
A reference for those working at the interface of operations planning and optimization modeling, Operations Planning: Mixed Integer Optimization Models blends essential theory and powerful approaches to practical operations planning problems. It presents a set of classical optimization models with widespread application in operations planning. The

An Introduction to the Mathematics of Planning and Scheduling

An Introduction to the Mathematics of Planning and Scheduling PDF Author: Geza Paul Bottlik
Publisher: Taylor & Francis
ISBN: 1482259257
Category : Business & Economics
Languages : en
Pages : 226

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Book Description
This book introduces readers to the many variables and constraints involved in planning and scheduling complex systems, such as airline flights and university courses. Students will become acquainted with the necessity for scheduling activities under conditions of limited resources in industrial and service environments, and become familiar with methods of problem solving. Written by an expert author with decades of teaching and industry experience, the book provides a comprehensive explanation of the mathematical foundations to solving complex requirements, helping students to understand underlying models, to navigate software applications more easily, and to apply sophisticated solutions to project management. This is emphasized by real-world examples, which follow the components of the manufacturing process from inventory to production to delivery. Undergraduate and graduate students of industrial engineering, systems engineering, and operations management will find this book useful in understanding optimization with respect to planning and scheduling.

Introduction to Mathematical Models in Operations Planning

Introduction to Mathematical Models in Operations Planning PDF Author: H. Alper Tayalı
Publisher:
ISBN: 9781032192017
Category : Management information systems
Languages : en
Pages : 0

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Book Description
"The book "Introduction to Mathematical Models in Operations Planning" is contemporary and agile. It gives readers a concise overview of the subject as well as clear and practical examples, making it a reference resource for both professionals and students. The book also includes a section on the R computer programming language, making it more useful to readers"--

An Introduction to Stochastic Modeling

An Introduction to Stochastic Modeling PDF Author: Howard M. Taylor
Publisher: Academic Press
ISBN: 1483269272
Category : Mathematics
Languages : en
Pages : 410

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Book Description
An Introduction to Stochastic Modeling provides information pertinent to the standard concepts and methods of stochastic modeling. This book presents the rich diversity of applications of stochastic processes in the sciences. Organized into nine chapters, this book begins with an overview of diverse types of stochastic models, which predicts a set of possible outcomes weighed by their likelihoods or probabilities. This text then provides exercises in the applications of simple stochastic analysis to appropriate problems. Other chapters consider the study of general functions of independent, identically distributed, nonnegative random variables representing the successive intervals between renewals. This book discusses as well the numerous examples of Markov branching processes that arise naturally in various scientific disciplines. The final chapter deals with queueing models, which aid the design process by predicting system performance. This book is a valuable resource for students of engineering and management science. Engineers will also find this book useful.

An Introduction to Project Modeling and Planning

An Introduction to Project Modeling and Planning PDF Author: Gündüz Ulusoy
Publisher: Springer Nature
ISBN: 3030614239
Category : Business & Economics
Languages : en
Pages : 494

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Book Description
This textbook teaches the basic concepts and methods of project management but also explains how to convert them to useful results in practice. Project management offers a promising working area for theoretical and practical applications, and developing software and decision support systems (DSS). This book specifically focuses on project planning and control, with an emphasis on mathematical modeling. Models and algorithms establish a good starting point for students to study the relevant literature and support pursuing academic work in related fields. The book provides an introduction to theoretical concepts, and it also provides detailed explanations, application examples, and case studies that deal with real-life problems. The chapter topics include questions that underlie critical thinking, interpretation, analytics, and making comparisons. Learning outcomes are defined and the content of the book is structured following these goals. Chapter 1 begins by introducing the basic concepts, methods, and processes of project management. This Chapter constitutes the base for defining and modeling project management problems. Chapter 2 explores the fundamentals of organizing and managing projects from an organization’s perspective. Issues related to project team formation, the role of project managers, and organization types are discussed. Chapter 3 is devoted to project planning and network modeling of projects, covering fundamental concepts such as project scope, Work Breakdown Structure (WBS), Organizational Breakdown Structure (OBS), Cost Breakdown Structure (CBS), project network modeling, activity duration, and cost estimating, activity-based costing (ABC), data and knowledge management. Chapter 4 introduces deterministic scheduling models, which can be used in constructing the time schedules. Models employing time-based and finance-based objectives are introduced. The CPM is covered. The unconstrained version of maximizing Net Present Value (NPV) is also treated here together with the case of time-dependent cash flows. Chapter 5 focuses on the time/cost trade-off problem, explaining how to reduce the duration of some of the activities and therefore reduce the project duration at the expense of additional costs. This topic is addressed for both continuous and discrete cases. Chapter 6 discusses models and methods of scheduling under uncertain activity durations. PERT is introduced for minimizing the expected project duration and extended to the PERT-Costing method for minimizing the expected project cost. Simulation is presented as another approach for dealing with the uncertainty in activity durations and costs. To demonstrate the use of the PERT, a case study on constructing an earthquake-resistant residential house is presented. Classifications of resource and schedule types are given in Chapter 7, and exact and heuristic solution procedures for the single- and multi-mode resource constrained project scheduling problem (RCPSP) are presented. The objective of maximizing NPV under resource constraints is addressed, and the capital-constrained project scheduling model is introduced. In Chapter 8, resource leveling, and further resource management problems are introduced. Total adjustment cost and resource availability cost problems are introduced. Various exact models are investigated. A heuristic solution procedure for the resource leveling problem is presented in detail. Also, resource portfolio management policies and the resource portfolio management problem are discussed. A case study on resource leveling dealing with the annual audit project of a major corporation is presented. Project contract types and payment schedules constitute the topics of Chapter 9. Contracts are legal documents reflecting the results of some form of client-contractor negotiations and sometimes of a bidding process, which deserve closer attention. Identification and allocation of risk in contracts, project control issues, disputes, and resolution management are further topics covered in this Chapter. A bidding model is presented to investigate client-contractor negotiations and the bidding process from different aspects. Chapter 10 focuses on processes and methods for project monitoring and control. Earned Value Management is studied to measure the project performance throughout the life of a project and to estimate the expected project time and cost based on the current status of the project. How to incorporate inflation into the analysis is presented. In Chapter 11, qualitative and quantitative techniques including decision trees, simulation, and software applications are introduced. Risk phases are defined and building a risk register is addressed. An example risk breakdown structure is presented. The design of risk management processes is introduced, and risk response planning strategies are discussed. At the end of the Chapter, the quantitative risk analysis is demonstrated at the hand of a team discussion case study. Chapter 12 covers several models and approaches dealing with various stochastic aspects of the decision environment. Stochastic models, generation of robust schedules, use of reactive and fuzzy approaches are presented. Sensitivity and scenario analysis are introduced. Also, simulation analysis, which is widely used to analyze the impacts of uncertainty on project goals, is presented. Chapter 13 addresses repetitive projects that involve the production or construction of similar units in batches such as railway cars or residential houses. Particularly in the construction industry repetitive projects represent a large portion of the work accomplished in this sector of the economy. A case study on the 50 km section of a motorway project is used for demonstrating the handling of repetitive project management. How best to select one or more of a set of candidate projects to maintain a project portfolio is an important problem for project-based organizations with limited resources. The project selection problem is inherently a multi-objective problem and is treated as such in Chapter 14. Several models and solution techniques are introduced. A multi-objective, multi-period project selection and scheduling model is presented. A case study that addresses a project portfolio selection and scheduling problem for the construction of a set of dams in a region is presented. Finally, Chapter 15 discusses three promising research areas in project management in detail: (i) Sustainability and Project Management, (ii) Project Management in the Era of Big Data, and (iii) the Fourth Industrial Revolution and the New Age Project Management. We elaborate on the importance of sustainability in project management practices, discuss how developments in data analytics might impact project life cycle management, and speculate how the infinite possibilities of the Fourth Industrial Revolution and the new technologies will transform project management practices.

Mathematical Modeling

Mathematical Modeling PDF Author: Jonas Hall
Publisher: John Wiley & Sons
ISBN: 1119102693
Category : Mathematics
Languages : en
Pages : 571

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Book Description
A logical problem-based introduction to the use of GeoGebra for mathematical modeling and problem solving within various areas of mathematics A well-organized guide to mathematical modeling techniques for evaluating and solving problems in the diverse field of mathematics, Mathematical Modeling: Applications with GeoGebra presents a unique approach to software applications in GeoGebra and WolframAlpha. The software is well suited for modeling problems in numerous areas of mathematics including algebra, symbolic algebra, dynamic geometry, three-dimensional geometry, and statistics. Featuring detailed information on how GeoGebra can be used as a guide to mathematical modeling, the book provides comprehensive modeling examples that correspond to different levels of mathematical experience, from simple linear relations to differential equations. Each chapter builds on the previous chapter with practical examples in order to illustrate the mathematical modeling skills necessary for problem solving. Addressing methods for evaluating models including relative error, correlation, square sum of errors, regression, and confidence interval, Mathematical Modeling: Applications with GeoGebra also includes: Over 400 diagrams and 300 GeoGebra examples with practical approaches to mathematical modeling that help the reader develop a full understanding of the content Numerous real-world exercises with solutions to help readers learn mathematical modeling techniques A companion website with GeoGebra constructions and screencasts Mathematical Modeling: Applications with GeoGebrais ideal for upper-undergraduate and graduate-level courses in mathematical modeling, applied mathematics, modeling and simulation, operations research, and optimization. The book is also an excellent reference for undergraduate and high school instructors in mathematics.

Mathematical Modeling in Economics, Ecology and the Environment

Mathematical Modeling in Economics, Ecology and the Environment PDF Author: N.V. Hritonenko
Publisher: Springer Science & Business Media
ISBN: 1441997334
Category : Mathematics
Languages : en
Pages : 225

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Book Description
The problems of interrelation between human economics and natural environment include scientific, technical, economic, demographic, social, political and other aspects that are studied by scientists of many specialities. One of the important aspects in scientific study of environmental and ecological problems is the development of mathematical and computer tools for rational management of economics and environment. This book introduces a wide range of mathematical models in economics, ecology and environmental sciences to a general mathematical audience with no in-depth experience in this specific area. Areas covered are: controlled economic growth and technological development, world dynamics, environmental impact, resource extraction, air and water pollution propagation, ecological population dynamics and exploitation. A variety of known models are considered, from classical ones (Cobb Douglass production function, Leontief input-output analysis, Solow models of economic dynamics, Verhulst-Pearl and Lotka-Volterra models of population dynamics, and others) to the models of world dynamics and the models of water contamination propagation used after Chemobyl nuclear catastrophe. Special attention is given to modelling of hierarchical regional economic-ecological interaction and technological change in the context of environmental impact. Xlll XIV Construction of Mathematical Models ...

Mathematical Modeling

Mathematical Modeling PDF Author: Mark M. Meerschaert
Publisher: Elsevier
ISBN: 9780123708571
Category : Mathematics
Languages : en
Pages : 360

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Book Description
Mathematical Modeling, Third Edition is a general introduction to an increasingly crucial topic for today's mathematicians. Unlike textbooks focused on one kind of mathematical model, this book covers the broad spectrum of modeling problems, from optimization to dynamical systems to stochastic processes. Mathematical modeling is the link between mathematics and the rest of the world. Meerschaert shows how to refine a question, phrasing it in precise mathematical terms. Then he encourages students to reverse the process, translating the mathematical solution back into a comprehensible, useful answer to the original question. This textbook mirrors the process professionals must follow in solving complex problems. Each chapter in this book is followed by a set of challenging exercises. These exercises require significant effort on the part of the student, as well as a certain amount of creativity. Meerschaert did not invent the problems in this book--they are real problems, not designed to illustrate the use of any particular mathematical technique. Meerschaert's emphasis on principles and general techniques offers students the mathematical background they need to model problems in a wide range of disciplines. Increased support for instructors, including MATLAB material New sections on time series analysis and diffusion models Additional problems with international focus such as whale and dolphin populations, plus updated optimization problems