Operations Research and Management Science Handbook

Operations Research and Management Science Handbook PDF Author: A. Ravi Ravindran
Publisher: CRC Press
ISBN: 1420009710
Category : Business & Economics
Languages : en
Pages : 900

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Book Description
Operations Research (OR) began as an interdisciplinary activity to solve complex military problems during World War II. Utilizing principles from mathematics, engineering, business, computer science, economics, and statistics, OR has developed into a full fledged academic discipline with practical application in business, industry, government and m

Operations Research and Management Science Handbook

Operations Research and Management Science Handbook PDF Author: A. Ravi Ravindran
Publisher: CRC Press
ISBN: 1420009710
Category : Business & Economics
Languages : en
Pages : 900

Get Book

Book Description
Operations Research (OR) began as an interdisciplinary activity to solve complex military problems during World War II. Utilizing principles from mathematics, engineering, business, computer science, economics, and statistics, OR has developed into a full fledged academic discipline with practical application in business, industry, government and m

Handbooks in Operations Research and Management Science: Financial Engineering

Handbooks in Operations Research and Management Science: Financial Engineering PDF Author: John R. Birge
Publisher: Elsevier
ISBN: 9780080553252
Category : Business & Economics
Languages : en
Pages : 1026

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Book Description
The remarkable growth of financial markets over the past decades has been accompanied by an equally remarkable explosion in financial engineering, the interdisciplinary field focusing on applications of mathematical and statistical modeling and computational technology to problems in the financial services industry. The goals of financial engineering research are to develop empirically realistic stochastic models describing dynamics of financial risk variables, such as asset prices, foreign exchange rates, and interest rates, and to develop analytical, computational and statistical methods and tools to implement the models and employ them to design and evaluate financial products and processes to manage risk and to meet financial goals. This handbook describes the latest developments in this rapidly evolving field in the areas of modeling and pricing financial derivatives, building models of interest rates and credit risk, pricing and hedging in incomplete markets, risk management, and portfolio optimization. Leading researchers in each of these areas provide their perspective on the state of the art in terms of analysis, computation, and practical relevance. The authors describe essential results to date, fundamental methods and tools, as well as new views of the existing literature, opportunities, and challenges for future research.

Transportation

Transportation PDF Author: Cynthia Barnhart
Publisher: North-Holland
ISBN: 9780444513465
Category : Business & Economics
Languages : en
Pages : 783

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Book Description
Preface Transportation sustains economic and social activity and is central to operations research and management science. When operations research emerged as a structured field during World War II, some of the first problems investigated arose from the need to optimize military logistics and transportation activities. After the war ended, the scope of operations research applications broadened but transportation problems always occupied a central place. It is now widely recognized that some of the most successful applications of operations research are encountered in transportation, most significantly in the airline industry where it underlies almost every aspect of strategic, tactical and operational planning. This success story may be explained by a number of factors, the first being the economic importance of transportation. Also, the complexity and large scale of transportation problems call for powerful analytical techniques, and the high volumes involved imply that substantial savings can often be achieved through the use of optimization. Furthermore, transportation problems are highly structured, making them amenable to the use of efficient solution methods based on network optimization techniques and mathematical programming. This book contains eleven chapters describing some of the most recent methodological operations research developments in transportation. It is structured around the main transportation modes, and each chapter is written by a group of well-recognized researchers. Because of the major impact of operations research methods in the field of air transportation over the past forty years, it is befitting to open the book with a chapter on airline operations management. While many past publications have focused on airline strategic and tactical planning, Ball, Barnhart, Nemhauser and Odoni have chosen to address the organization and control of recovery operations in the event of disturbances. This line of research is relatively new and of major importance to the airline industry. The second chapter, by Desaulniers and Hickman, surveys the planning of public transit operations. The problems addressed and the methods employed in transit planning, for example those arising in network design, passenger assignment, scheduling, and fleet and crew assignment, are often similar to those of the airlines. The railway optimization chapter, by Caprara, Kroon, Monaci, Peeters and Toth, covers the realm of planning problems encountered in railway planning, with an emphasis on European passenger railways. Again, several of these issues are similar to those observed in other modes, but some problems are specific to the railway industry, such as train platforming, rolling stock circulation, and train unit shunting. The fourth chapter, by Christiansen, Fagerholt, Nygreen and Ronen, contains an extensive survey of maritime transportation problems, methods and applications. Compared with other modes, maritime transportation has received relatively little attention from operations researchers. Yet this field is rapidly expanding with the consolidation of major shipping companies and the development of large container ports. The next three chapters cover a variety of planning problems arising in vehicle fleet management. The chapter by Powell, Bouzaiene-Ayari and Simao addresses truck transportation planning in contexts where information processes are dynamic. The focus is on the development of models that capture the flow of information and decisions. The vehicle routing chapter, by Cordeau, Laporte, Savelsbergh and Vigo, concerns what is arguably the most central problem in distribution management. It surveys several families of vehicle routing problems, including classical models, inventory routing, and stochastic routing. In the transportation on demand chapter, Cordeau, Laporte, Potvin and Savelsbergh consider the planning of pickup and delivery operations made at the request of users, such as thos

Handbook of Operations Research in Natural Resources

Handbook of Operations Research in Natural Resources PDF Author: Andres Weintraub
Publisher: Springer Science & Business Media
ISBN: 038771815X
Category : Science
Languages : en
Pages : 624

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Book Description
Here is the first systematic handbook treatment of quantitative modeling natural resource problems, their allocated efficient use, and societal and economic impact. Andrés Weintraub is the very top person in Natural Resource research. He has selected co-editors who are at the top of the sub-fields in natural resources: agriculture, fisheries, forestry, and mining. The book covers these areas with contributions from researchers on, among others, modeling natural research problems, quantifying data, and developing algorithms.

Finance

Finance PDF Author: Nico van der Wijst
Publisher: Cambridge University Press
ISBN: 1139620266
Category : Business & Economics
Languages : en
Pages :

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Book Description
By providing a solid theoretical basis, this book introduces modern finance to readers, including students in science and technology, who already have a good foundation in quantitative skills. It combines the classical, decision-oriented approach and the traditional organization of corporate finance books with a quantitative approach that is particularly well suited to students with backgrounds in engineering and the natural sciences. This combination makes finance much more transparent and accessible than the definition-theorem-proof pattern that is common in mathematics and financial economics. The book's main emphasis is on investments in real assets and the real options attached to them, but it also includes extensive discussion of topics such as portfolio theory, market efficiency, capital structure and derivatives pricing. Finance equips readers as future managers with the financial literacy necessary either to evaluate investment projects themselves or to engage critically with the analysis of financial managers. Supplementary material is available at www.cambridge.org/wijst.

Handbooks in Operations Research and Management Science: Simulation

Handbooks in Operations Research and Management Science: Simulation PDF Author: Shane G. Henderson
Publisher: Elsevier
ISBN: 9780080464763
Category : Business & Economics
Languages : en
Pages : 692

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Book Description
This Handbook is a collection of chapters on key issues in the design and analysis of computer simulation experiments on models of stochastic systems. The chapters are tightly focused and written by experts in each area. For the purpose of this volume “simulation refers to the analysis of stochastic processes through the generation of sample paths (realization) of the processes. Attention focuses on design and analysis issues and the goal of this volume is to survey the concepts, principles, tools and techniques that underlie the theory and practice of stochastic simulation design and analysis. Emphasis is placed on the ideas and methods that are likely to remain an intrinsic part of the foundation of the field for the foreseeable future. The chapters provide up-to-date references for both the simulation researcher and the advanced simulation user, but they do not constitute an introductory level ‘how to’ guide. Computer scientists, financial analysts, industrial engineers, management scientists, operations researchers and many other professionals use stochastic simulation to design, understand and improve communications, financial, manufacturing, logistics, and service systems. A theme that runs throughout these diverse applications is the need to evaluate system performance in the face of uncertainty, including uncertainty in user load, interest rates, demand for product, availability of goods, cost of transportation and equipment failures. * Tightly focused chapters written by experts * Surveys concepts, principles, tools, and techniques that underlie the theory and practice of stochastic simulation design and analysis * Provides an up-to-date reference for both simulation researchers and advanced simulation users

Handbook of Operations Research and Management Science in Higher Education

Handbook of Operations Research and Management Science in Higher Education PDF Author: Zilla Sinuany-Stern
Publisher: Springer Nature
ISBN: 303074051X
Category : Business & Economics
Languages : en
Pages : 529

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Book Description
This handbook covers various areas of Higher Education (HE) in which operations research/management science (OR/MS) techniques are used. Key examples include: international comparisons, university rankings, and rating academic efficiency with Data Envelopment Analysis (DEA); formulating academic strategy with balanced scorecard; budgeting and planning with linear and quadratic models; student forecasting; E-learning evaluation; faculty evaluation with questionnaires and multivariate statistics; marketing for HE; analytic and educational simulation; academic information systems; technology transfer with systems analysis; and examination timetabling. Overviews, case studies and findings on advanced OR/MS applications in various functional areas of HE are included.

Handbooks in Operations Research and Management Science

Handbooks in Operations Research and Management Science PDF Author: K. Aardal
Publisher:
ISBN:
Category : Management science
Languages : en
Pages : 0

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Book Description


Handbooks in Operations Research and Management Science

Handbooks in Operations Research and Management Science PDF Author: K. Aardal
Publisher: Elsevier
ISBN: 9780080459219
Category : Business & Economics
Languages : en
Pages : 620

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Book Description
The chapters of this Handbook volume cover nine main topics that are representative of recent theoretical and algorithmic developments in the field. In addition to the nine papers that present the state of the art, there is an article on the early history of the field. The handbook will be a useful reference to experts in the field as well as students and others who want to learn about discrete optimization.

Handbooks in Operations Research and Management Science

Handbooks in Operations Research and Management Science PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description