Decision Analytics Applications in Industry
Decision Analytics Applications in Industry

Author: P. K. Kapur

Publisher: Springer Nature

Published: 2020-05-27

Total Pages: 550

ISBN-13: 9811536430

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This book presents a range of qualitative and quantitative analyses in areas such as cybersecurity, sustainability, multivariate analysis, customer satisfaction, parametric programming, software reliability growth modeling, and blockchain technology, to name but a few. It also highlights integrated methods and practices in the areas of machine learning and genetic algorithms. After discussing applications in supply chains and logistics, cloud computing, six sigma, production management, big data analysis, satellite imaging, game theory, biometric systems, quality, and system performance, the book examines the latest developments and breakthroughs in the field of science and technology, and provides novel problem-solving methods. The themes discussed in the book link contributions by researchers and practitioners from different branches of engineering and management, and hailing from around the globe. These contributions provide scholars with a platform to derive maximum utility in the area of analytics by subscribing to the idea of managing business through system sciences, operations, and management. Managers and decision-makers can learn a great deal from the respective chapters, which will help them devise their own business strategies and find real-world solutions to complex industrial problems.

Practical Predictive Analytics and Decisioning Systems for Medicine
Practical Predictive Analytics and Decisioning Systems for Medicine

Author: Gary D. Miner

Publisher: Academic Press

Published: 2014-09-27

Total Pages: 1111

ISBN-13: 012411640X

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With the advent of electronic medical records years ago and the increasing capabilities of computers, our healthcare systems are sitting on growing mountains of data. Not only does the data grow from patient volume but the type of data we store is also growing exponentially. Practical Predictive Analytics and Decisioning Systems for Medicine provides research tools to analyze these large amounts of data and addresses some of the most pressing issues and challenges where data integrity is compromised: patient safety, patient communication, and patient information. Through the use of predictive analytic models and applications, this book is an invaluable resource to predict more accurate outcomes to help improve quality care in the healthcare and medical industries in the most cost–efficient manner.Practical Predictive Analytics and Decisioning Systems for Medicine provides the basics of predictive analytics for those new to the area and focuses on general philosophy and activities in the healthcare and medical system. It explains why predictive models are important, and how they can be applied to the predictive analysis process in order to solve real industry problems. Researchers need this valuable resource to improve data analysis skills and make more accurate and cost-effective decisions. - Includes models and applications of predictive analytics why they are important and how they can be used in healthcare and medical research - Provides real world step-by-step tutorials to help beginners understand how the predictive analytic processes works and to successfully do the computations - Demonstrates methods to help sort through data to make better observations and allow you to make better predictions

Intelligent Decision Support Systems for Smart City Applications
Intelligent Decision Support Systems for Smart City Applications

Author: Loveleen Gaur

Publisher: John Wiley & Sons

Published: 2023-02-01

Total Pages: 276

ISBN-13: 1119896436

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INTELLIGENT DECISION SUPPORT SYSTEMS FOR SMART CITY APPLICATIONS This book provides smart city frameworks to address new difficulties by adding new features and allowing the city environment to react to collected data and information to increase the efficiency and sustainability of services for inhabitants. Making a smart city is an emerging strategy to mitigate the problems generated by urban population growth and rapid urbanization. This book aims to provide a better understanding of the concept of smart cities and the application of an intelligent decision support system. Based on the analysis of existing information there are eight critical factors of smart city initiatives: management and organization, technology, governance, policy context, people and communities, economy, built infrastructure, and natural environment. This book will focus on the application of the decision support system in managing these eight crucial aspects of smart cities. The intent in writing this book was also to provide a source that covers the stage-by-stage integration of the four key areas involving planning, physical infrastructure, ICT infrastructure, and deploying the smart solutions necessary for city transformation. With this as the motivation, “Decision Support Systems for Smart City Applications” provides the application of an intelligent decision support system for effectively and efficiently managing the transformation process, which can aid various supply chain stakeholders, academic researchers, and related professionals in building smart cities. Various chapters of this book are expected to support practicing managers during the implementation of smart solutions for city transformation. Audience This book is aimed at both academics and practitioners alike in the fields of intelligent computing, decision support systems, the manufacturing industry, supply chain managers, stakeholders, policymakers, and other technical and administrative personnel.

Applications of Advanced Optimization Techniques in Industrial Engineering
Applications of Advanced Optimization Techniques in Industrial Engineering

Author: Abhinav Goel

Publisher: CRC Press

Published: 2022-03-15

Total Pages: 232

ISBN-13: 1000544877

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This book provides different approaches used to analyze, draw attention, and provide an understanding of the advancements in the optimization field across the globe. It brings all of the latest methodologies, tools, and techniques related to optimization and industrial engineering into a single volume to build insights towards the latest advancements in various domains. Applications of Advanced Optimization Techniques in Industrial Engineering includes the basic concept of optimization, techniques, and applications related to industrial engineering. Concepts are introduced in a sequential way along with explanations, illustrations, and solved examples. The book goes on to explore applications of operations research and covers empirical properties of a variety of engineering disciplines. It presents network scheduling, production planning, industrial and manufacturing system issues, and their implications in the real world. The book caters to academicians, researchers, professionals in inventory analytics, business analytics, investment managers, finance firms, storage-related managers, and engineers working in engineering industries and data management fields.

Guide to Industrial Analytics
Guide to Industrial Analytics

Author: Richard Hill

Publisher: Springer Nature

Published: 2021-09-27

Total Pages: 285

ISBN-13: 3030791041

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This textbook describes the hands-on application of data science techniques to solve problems in manufacturing and the Industrial Internet of Things (IIoT). Monitoring and managing operational performance is a crucial activity for industrial and business organisations. The emergence of low-cost, accessible computing and storage, through Industrial Digital Technologies (IDT) and Industry 4.0, has generated considerable interest in innovative approaches to doing more with data. Data science, predictive analytics, machine learning, artificial intelligence and general approaches to modelling, simulating and visualising industrial systems have often been considered topics only for research labs and academic departments. This textbook debunks the mystique around applied data science and shows readers, using tutorial-style explanations and real-life case studies, how practitioners can develop their own understanding of performance to achieve tangible business improvements. All exercises can be completed with commonly available tools, many of which are free to install and use. Readers will learn how to use tools to investigate, diagnose, propose and implement analytics solutions that will provide explainable results to deliver digital transformation.

Innovative Strategic Planning and International Collaboration for the Mitigation of Global Crises
Innovative Strategic Planning and International Collaboration for the Mitigation of Global Crises

Author: Antošová, Gabriela

Publisher: IGI Global

Published: 2022-01-07

Total Pages: 327

ISBN-13: 1799883418

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Innovative strategic planning is an important step toward achieving economic stability and global sustainability. This can best be achieved through effective international cooperation and digitalization of activities. Societal and global processes designed to address global crises and other threats call for the opportunity to use innovative internationalization practices. Innovative Strategic Planning and International Collaboration for the Mitigation of Global Crises provides relevant theoretical frameworks and current empirical research findings in the field of international strategic management. Covering topics such as digital competencies, socio-economic injustice, and tourism, this book is an essential resource for strategic management professionals, researchers, students, educators in K-12 and higher education, academicians, and global leaders.

Decision Analytics and Optimization in Disease Prevention and Treatment
Decision Analytics and Optimization in Disease Prevention and Treatment

Author: Nan Kong

Publisher: John Wiley & Sons

Published: 2018-02-02

Total Pages: 430

ISBN-13: 1118960130

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A systematic review of the most current decision models and techniques for disease prevention and treatment Decision Analytics and Optimization in Disease Prevention and Treatment offers a comprehensive resource of the most current decision models and techniques for disease prevention and treatment. With contributions from leading experts in the field, this important resource presents information on the optimization of chronic disease prevention, infectious disease control and prevention, and disease treatment and treatment technology. Designed to be accessible, in each chapter the text presents one decision problem with the related methodology to showcase the vast applicability of operations research tools and techniques in advancing medical decision making. This vital resource features the most recent and effective approaches to the quickly growing field of healthcare decision analytics, which involves cost-effectiveness analysis, stochastic modeling, and computer simulation. Throughout the book, the contributors discuss clinical applications of modeling and optimization techniques to assist medical decision making within complex environments. Accessible and authoritative, Decision Analytics and Optimization in Disease Prevention and Treatment: Presents summaries of the state-of-the-art research that has successfully utilized both decision analytics and optimization tools within healthcare operations research Highlights the optimization of chronic disease prevention, infectious disease control and prevention, and disease treatment and treatment technology Includes contributions by well-known experts from operations researchers to clinical researchers, and from data scientists to public health administrators Offers clarification on common misunderstandings and misnomers while shedding light on new approaches in this growing area Designed for use by academics, practitioners, and researchers, Decision Analytics and Optimization in Disease Prevention and Treatment offers a comprehensive resource for accessing the power of decision analytics and optimization tools within healthcare operations research.

Handbook of Research on Advanced Data Mining Techniques and Applications for Business Intelligence
Handbook of Research on Advanced Data Mining Techniques and Applications for Business Intelligence

Author: Trivedi, Shrawan Kumar

Publisher: IGI Global

Published: 2017-02-14

Total Pages: 465

ISBN-13: 1522520325

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The development of business intelligence has enhanced the visualization of data to inform and facilitate business management and strategizing. By implementing effective data-driven techniques, this allows for advance reporting tools to cater to company-specific issues and challenges. The Handbook of Research on Advanced Data Mining Techniques and Applications for Business Intelligence is a key resource on the latest advancements in business applications and the use of mining software solutions to achieve optimal decision-making and risk management results. Highlighting innovative studies on data warehousing, business activity monitoring, and text mining, this publication is an ideal reference source for research scholars, management faculty, and practitioners.

Decision Analytics for Sustainable Development in Smart Society 5.0
Decision Analytics for Sustainable Development in Smart Society 5.0

Author: Vikram Bali

Publisher: Springer Nature

Published: 2022-06-23

Total Pages: 332

ISBN-13: 9811916896

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This book covers sustainable development in smart society’s 5.0 using data analytics. The data analytics is the approach of integrating diversified heterogeneous data for predictive analysis to accredit innovation, decision making, business analysis, and strategic decision making. The data science brings together the research in the field of data analytics, online information analytics, and big data analytics to synthesize issues, challenges, and opportunities across smart society 5.0. Accordingly, the book offers an interesting and insightful read for researchers in the areas of decision analytics, cognitive analytics, big data analytics, visual analytics, text analytics, spatial analytics, risk analytics, graph analytics, predictive analytics, and analytics-enabled applications.

Developing Informed Intuition for Decision-Making
Developing Informed Intuition for Decision-Making

Author: Jay Liebowitz

Publisher: Taylor & Francis

Published: 2019-07-19

Total Pages: 158

ISBN-13: 1000024199

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This book examines how to develop the main traits that are necessary to become an “informed intuitant”. Case studies and examples of successful “informed intuitants” are a major component of the book. “Intuitant” is someone who has the intuitive awareness to be successful. “Informed intuitant” indicates that the individual/decision maker not only applies his/her intuition but also verifies it through using data-driven approaches (such as data analytics). Some of this work resulted from research examining how well do executives trust their intuition.