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Author: Howard Eisner
Publisher: CRC Press
ISBN: 1000810720
Category : Technology & Engineering
Languages : en
Pages : 88
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Book Description
This book presents an overview of operations research and systems engineering and takes a look into both fields on content, histories, contributions, and future directions so a sound career choice can be made for those who might be deciding on a career path. The book also offers how these two fields can be integrated and used in current times and into the future. Operations Research and Systems Engineering: Growth and Transformation traces the history of both fields of research as well as offers comments on the importance of both areas of study. By taking a look back with a historical perspective and also looking forward with the presentation of applications currently being used, someone looking to make a sound career choice will be able to decide which area they want to move towards. The book also offers how to integrate both operations research methods with systems engineering concepts and tools and provides a comparison between the two, along with how they can work together in the future. The goal of this book is to provide the reader with enough information so they can move forward with their career goals. It is also an ideal book that provides engineers, scientists, and mathematicians with a way to broaden their knowledge and areas of study.
Author: Howard Eisner
Publisher: CRC Press
ISBN: 1000810720
Category : Technology & Engineering
Languages : en
Pages : 88
Get Book Here
Book Description
This book presents an overview of operations research and systems engineering and takes a look into both fields on content, histories, contributions, and future directions so a sound career choice can be made for those who might be deciding on a career path. The book also offers how these two fields can be integrated and used in current times and into the future. Operations Research and Systems Engineering: Growth and Transformation traces the history of both fields of research as well as offers comments on the importance of both areas of study. By taking a look back with a historical perspective and also looking forward with the presentation of applications currently being used, someone looking to make a sound career choice will be able to decide which area they want to move towards. The book also offers how to integrate both operations research methods with systems engineering concepts and tools and provides a comparison between the two, along with how they can work together in the future. The goal of this book is to provide the reader with enough information so they can move forward with their career goals. It is also an ideal book that provides engineers, scientists, and mathematicians with a way to broaden their knowledge and areas of study.
Author: A. Ravi Ravindran
Publisher: CRC Press
ISBN: 1498723071
Category : Business & Economics
Languages : en
Pages : 618
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Book Description
Recipient of the 2019 IISE Institute of Industrial and Systems Engineers Joint Publishers Book-of-the-Year Award This is a comprehensive textbook on service systems engineering and management. It emphasizes the use of engineering principles to the design and operation of service enterprises. Service systems engineering relies on mathematical models and methods to solve problems in the service industries. This textbook covers state-of-the-art concepts, models and solution methods important in the design, control, operations and management of service enterprises. Service Systems Engineering and Management begins with a basic overview of service industries and their importance in today’s economy. Special challenges in managing services, namely, perishability, intangibility, proximity and simultaneity are discussed. Quality of service metrics and methods for measuring them are then discussed. Evaluating the design and operation of service systems frequently involves the conflicting criteria of cost and customer service. This textbook presents two approaches to evaluate the performance of service systems – Multiple Criteria Decision Making and Data Envelopment Analysis. The textbook then discusses several topics in service systems engineering and management – supply chain optimization, warehousing and distribution, modern portfolio theory, revenue management, retail engineering, health systems engineering and financial services. Features: Stresses quantitative models and methods in service systems engineering and management Includes chapters on design and evaluation of service systems, supply chain engineering, warehousing and distribution, financial engineering, healthcare systems, retail engineering and revenue management Bridges theory and practice Contains end-of-chapter problems, case studies, illustrative examples, and real-world applications Service Systems Engineering and Management is primarily addressed to those who are interested in learning how to apply operations research models and methods for managing service enterprises. This textbook is well suited for industrial engineering students interested in service systems applications and MBA students in elective courses in operations management, logistics and supply chain management that emphasize quantitative analysis.
Author: Chun-hung Chen
Publisher: World Scientific
ISBN: 9814282642
Category : Computers
Languages : en
Pages : 246
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Book Description
With the advance of new computing technology, simulation is becoming very popular for designing large, complex and stochastic engineering systems, since closed-form analytical solutions generally do not exist for such problems. However, the added flexibility of simulation often creates models that are computationally intractable. Moreover, to obtain a sound statistical estimate at a specified level of confidence, a large number of simulation runs (or replications) is usually required for each design alternative. If the number of design alternatives is large, the total simulation cost can be very expensive. Stochastic Simulation Optimization addresses the pertinent efficiency issue via smart allocation of computing resource in the simulation experiments for optimization, and aims to provide academic researchers and industrial practitioners with a comprehensive coverage of OCBA approach for stochastic simulation optimization. Starting with an intuitive explanation of computing budget allocation and a discussion of its impact on optimization performance, a series of OCBA approaches developed for various problems are then presented, from the selection of the best design to optimization with multiple objectives. Finally, this book discusses the potential extension of OCBA notion to different applications such as data envelopment analysis, experiments of design and rare-event simulation.
Author: K. C Jain
Publisher:
ISBN: 9788174092007
Category : Industrial engineering
Languages : en
Pages : 656
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Book Description
Author: Anish Sachdeva
Publisher: Springer Nature
ISBN: 981156017X
Category : Technology & Engineering
Languages : en
Pages : 457
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Book Description
This book comprises select peer-reviewed contributions from the 6th International Conference on Production and Industrial Engineering (CPIE – 2019). The volume focuses on latest research in the field of Industrial and Systems Engineering, and its allied areas. Articles on variety of topics such as Human Factors Engineering, Lean Manufacturing, Six Sigma, Logistics and Supply Chain Management, Operations Research, Quality Engineering, Measurement and Control, Reliability and Maintenance Engineering, Green Supply Chain Management, Modelling and Simulation, Sustainability, Technology Management, Agile and Flexible Manufacturing, Technology Management and Computer Aided Manufacturing are discussed in this book. Given the range of topics covered, the book will be useful for students, researchers, and professionals interested in different areas of Industrial and Systems Engineering.
Author: Nicholas J. Daras
Publisher: Springer
ISBN: 3319515004
Category : Mathematics
Languages : en
Pages : 424
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Book Description
Mathematical methods and theories with interdisciplinary applications are presented in this book. The eighteen contributions presented in this Work have been written by eminent scientists; a few papers are based on talks which took place at the International Conference at the Hellenic Artillery School in May 2015. Each paper evaluates possible solutions to long-standing problems such as the solvability of the direct electromagnetic scattering problem, geometric approaches to cyber security, ellipsoid targeting with overlap, non-equilibrium solutions of dynamic networks, measuring ballistic dispersion, elliptic regularity theory for the numerical solution of variational problems, approximation theory for polynomials on the real line and the unit circle, complementarity and variational inequalities in electronics, new two-slope parameterized achievement scalarizing functions for nonlinear multiobjective optimization, and strong and weak convexity of closed sets in a Hilbert space. /divGraduate students, scientists, engineers and researchers in pure and applied mathematical sciences, operations research, engineering, and cyber security will find the interdisciplinary scientific perspectives useful to their overall understanding and further research.
Author: Marc Goetschalckx
Publisher: Springer Science & Business Media
ISBN: 1441965122
Category : Business & Economics
Languages : en
Pages : 684
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Book Description
The focus of Supply Chain Engineering is the engineering design and planning of supply chain systems. There exists a very large variety of supply chain system types, all with different goals, constraints, and decisions, but a systematic approach for the design and planning of any supply chain can be based on the principles and methods of system engineering. In this book, author Marc Goetschalckx presents material developed at the Georgia Tech Supply Chain and Logistics Institute, the largest supply chain and logistics research and education program in the world. The book can be roughly divided into four sections. The first section focuses on data management. Since most of planning and design requires making decisions today so that supply chain functions can be executed efficiently in the future, this section introduces forecasting principles and techniques. The second section of the book focuses on transportation systems. First, the characteristics of transportation assets and infrastructure are shown. Then four chapters focus on the planning of transportation activities depending on who controls the transportation assets. The third section of the book is focused on storing goods, and the last section of the book is focused on supply chain systems that consider simultaneously procurement, production, and transportation and inventory as well as the design of the supply chain infrastructure or network design. In each chapter, first a model of the process being studied is developed followed by a description of practical solution algorithms. More advanced material is typically described in appendices. This makes it possible to use an integrated, breath-first treatment of supply chain systems by using the initial material in each chapter. A more in depth treatment of a specific topic or process can be found towards the end of each chapter. End-of-chapter exercises are included throughout. This text is suitable for several target audiences. The first target is a course for upper-level undergraduate students on supply chains. The second target is the use in a capstone senior design project in the supply chain area. The third target is an introductory course on supply chains either in a master of engineering or a master of business administration program, and the final audience consists of students attending logistics or supply chain post-graduate or continuing education courses.
Author: W. H. Marlow
Publisher: Courier Corporation
ISBN: 0486677230
Category : Mathematics
Languages : en
Pages : 514
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Book Description
Practical and applications-oriented, this text explains effective procedures for performing mathematical tasks that arise in many fields, including operations research, engineering, systems sciences, statistics, and economics. Most of the examples and many of the 1,300 problems illustrate techniques, and nearly all of the tables display reference material for procedures. 1978 edition.
Author: Tayfur Altiok
Publisher: Springer Science & Business Media
ISBN: 1461219248
Category : Business & Economics
Languages : en
Pages : 366
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Book Description
Manufacturing industries are devoted to producing high-quality products in the most economical and timely manner. Quality, economics, and time not only indicate the customer-satisfaction level, but also measure the manufacturing per formance of a company. Today's manufacturing environments are becoming more and more complex, flexible, and information-intensive. Companies invest into the information technologies such as computers, communication networks, sensors, actuators, and other equipment that give them an abundance of information about their materials and resources. In the face of global competition, a manufacturing company's survival is becoming more dependent on how best this influx of in formation is utilized. Consequently, there evolves a great need for sophisticated tools of performance analysis that use this information to help decision makers in choosing the right course of action. These tools will have the capability of data analysis, modeling, computer simulation, and optimization for use in designing products and processes. International competition also has had its impact on manufacturing education and the government's support of it in the US. We see more courses offered in this area in industrial engineering and manufacturing systems engineering departments, operations research programs, and business schools. In fact, we see an increasing number of manufacturing systems engineering departments and manufacturing research centers in universities not only in the US but also in Europe, Japan, and many developing countries.
Author: Charles S. Tapiero
Publisher: Springer Science & Business Media
ISBN: 1461462347
Category : Business & Economics
Languages : en
Pages : 518
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Book Description
Risk models are models of uncertainty, engineered for some purposes. They are “educated guesses and hypotheses” assessed and valued in terms of well-defined future states and their consequences. They are engineered to predict, to manage countable and accountable futures and to provide a frame of reference within which we may believe that “uncertainty is tamed”. Quantitative-statistical tools are used to reconcile our information, experience and other knowledge with hypotheses that both serve as the foundation of risk models and also value and price risk. Risk models are therefore common to most professions, each with its own methods and techniques based on their needs, experience and a wisdom accrued over long periods of time. This book provides a broad and interdisciplinary foundation to engineering risks and to their financial valuation and pricing. Risk models applied in industry and business, heath care, safety, the environment and regulation are used to highlight their variety while financial valuation techniques are used to assess their financial consequences. This book is technically accessible to all readers and students with a basic background in probability and statistics (with 3 chapters devoted to introduce their elements). Principles of risk measurement, valuation and financial pricing as well as the economics of uncertainty are outlined in 5 chapters with numerous examples and applications. New results, extending classical models such as the CCAPM are presented providing insights to assess the risks and their price in an interconnected, dependent and strategic economic environment. In an environment departing from the fundamental assumptions we make regarding financial markets, the book provides a strategic/game-like approach to assess the risk and the opportunities that such an environment implies. To control these risks, a strategic-control approach is developed that recognizes that many risks resulting by “what we do” as well as “what others do”. In particular we address the strategic and statistical control of compliance in large financial institutions confronted increasingly with a complex and far more extensive regulation.
