Operations Research Applications

Operations Research Applications

Author: A. Ravi Ravindran

Publisher: CRC Press

Published: 2008-11-12

Total Pages: 420

ISBN-13: 1420091875

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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


Business Applications of Operations Research

Business Applications of Operations Research

Author: Bodhibrata Nag

Publisher: Business Expert Press

Published: 2013-12-09

Total Pages: 128

ISBN-13: 1606495275

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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.


Optimal Decision Making in Operations Research and Statistics

Optimal Decision Making in Operations Research and Statistics

Author: Irfan Ali

Publisher: CRC Press

Published: 2021-11-29

Total Pages: 434

ISBN-13: 1000404722

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The book provides insights in the decision-making for implementing strategies in various spheres of real-world issues. It integrates optimal policies in various decision­making problems and serves as a reference for researchers and industrial practitioners. Furthermore, the book provides sound knowledge of modelling of real-world problems and solution procedure using the various optimisation and statistical techniques for making optimal decisions. The book is meant for teachers, students, researchers and industrialists who are working in the field of materials science, especially operations research and applied statistics.


Operations Research and Its Applications

Operations Research and Its Applications

Author: Dr. Pavan Kumar Subbara

Publisher: Shineeks Publishers

Published: 2021-10-14

Total Pages: 228

ISBN-13: 1632789906

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The present text book entitled “Operations Research & its applications“ is very much useful for a beginner in this domain . More particularly for a quality control manager, person using network analysis and queue models for decision making. It is an Art, Science & Technology to understand the business environment to take the necessary alternative course of action to enhance the company’s reputation.It is frequently being used to analyze complex real life problems, typically with the goal of improving the performance of the organization. It is a multidisciplinary science which deals with the problem, formulation and solution in order to take an apt decision. This text book is suitable for all graduate students across the globe. In any industrial firm, managers always use methods of operations research to maintain a better quality control in their production. This is possible as it provides a fundamental basis in which one has to maintain and establish the standards of the company’s performance and ways to measure its productivity. It also, time and again monitors the standards and reports deviations, if any and enables the authorities to take the corrective measures. The mathematically developed formulas used in this book are readable format also student friendly. The main idea of this book is to increase the productivity in a deterministic or probabilistic way as they apply by usingtools like defining suitable algorithm, machine utilization and manpower planning in incorporating innovative technologies. In a nutshell, it is a subsidiary framework for a student with an adequate mathematical foundation to understand operations research problems like Linear Programming, Assignment Problems, Network Models, Dynamic Programming, etc. Thus, it gives an insight to understand the industry requirements and suggests valid optimal solutions by using the latest available techniques.


Advanced Optimization and Operations Research

Advanced Optimization and Operations Research

Author: Asoke Kumar Bhunia

Publisher: Springer Nature

Published: 2020-01-09

Total Pages: 626

ISBN-13: 9813299673

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This textbook provides students with fundamentals and advanced concepts in optimization and operations research. It gives an overview of the historical perspective of operations research and explains its principal characteristics, tools, and applications. The wide range of topics covered includes convex and concave functions, simplex methods, post optimality analysis of linear programming problems, constrained and unconstrained optimization, game theory, queueing theory, and related topics. The text also elaborates on project management, including the importance of critical path analysis, PERT and CPM techniques. This textbook is ideal for any discipline with one or more courses in optimization and operations research; it may also provide a solid reference for researchers and practitioners in operations research.


Applications of Operations Research and Management Science

Applications of Operations Research and Management Science

Author: G. S. R. Murthy

Publisher: Springer

Published: 2015-06-15

Total Pages: 284

ISBN-13: 3319179217

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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.


Operations Research Applications in Health Care Management

Operations Research Applications in Health Care Management

Author: Cengiz Kahraman

Publisher: Springer

Published: 2017-12-08

Total Pages: 596

ISBN-13: 3319654551

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This book offers a comprehensive reference guide to operations research theory and applications in health care systems. It provides readers with all the necessary tools for solving health care problems. The respective chapters, written by prominent researchers, explain a wealth of both basic and advanced concepts of operations research for the management of operating rooms, intensive care units, supply chain, emergency medical service, human resources, lean health care, and procurement. To foster a better understanding, the chapters include relevant examples or case studies. Taken together, they form an excellent reference guide for researchers, lecturers and postgraduate students pursuing research on health care management problems. The book presents a dynamic snapshot on the field that is expected to stimulate new directions and stimulate new ideas and developments.


Economics and Operational Research

Economics and Operational Research

Author: M. H. Beilby

Publisher: Academic Press

Published: 2014-05-10

Total Pages: 185

ISBN-13: 1483268748

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Economics and Operational Research explores the possible connections of the organization of human and material resources by concentrating on the interpretations of management decisions at various levels in the economy. This book discusses economics and mathematics as an analytical tool. Organized into 10 chapters, this book begins with an overview of how consumers manage their own budgets and how manufacturers select their production processes. This text then described generally how consumers and producers react to each other. Other chapters consider the problem of the transportation of goods through busy road networks and the efficiency attained through central planning. This book discusses as well the control of congestion that arises through decentralization and the construction of an overall planning model. The final chapter discusses the important aspects of national planning, wherein the collection of all consumers and producers makes up one large economic system. This book is a valuable resource for management and engineering personnel.