Category: Operations Research

Finance for Engineers: Evaluation and Funding of Capital by Frank Crundwell

By Frank Crundwell

Engineering ideas and fiscal judgements are in detail tied jointly. the easiest engineers mix the technical and monetary situations in deciding on new ideas to possibilities, demanding situations and difficulties. so that it will get a venture licensed, irrespective of its measurement, the financials has to be transparent and compelling. To influence the company’s functionality, a working towards engineer needs to learn how to argue the company case as a part of the technical solution.

Finance for Engineers: review and investment of Capital Projects offers a framework for engineers and scientists to adopt monetary reviews and tests of engineering or construction initiatives. the fabric coated allows the reader to appreciate how the economics of a technical undertaking impacts the funds of the corporate. the combination of the technical and monetary decision-making is verified via case stories and examples appropriate to the training engineer. The publication equips engineers and scientists with the instruments to give a contribution definitely to the monetary and strategic judgements in the organization.

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Big Data Optimization: Recent Developments and Challenges by Ali Emrouznejad

By Ali Emrouznejad

The major target of this booklet is to supply the required historical past to paintings with vast facts via introducing a few novel optimization algorithms and codes in a position to operating within the enormous information atmosphere in addition to introducing a few purposes in mammoth information optimization for either teachers and practitioners , and to profit society, undefined, academia, and executive. proposing purposes in quite a few industries, this e-book might be precious for the researchers aiming to analyses huge scale information. a number of optimization algorithms for giant info together with convergent parallel algorithms, constrained reminiscence package deal set of rules, diagonal package deal process, convergent parallel algorithms, community analytics, and lots of extra were explored during this book.

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Making Hard Decisions with Decision Tools Suite Update by Robert T. Clemen, Terence Reilly

By Robert T. Clemen, Terence Reilly

MAKING challenging judgements WITH DECISIONTOOLS is a different model of Bob Clemen's best-selling textual content, MAKING not easy judgements. This straight-forward publication teaches the elemental rules of selection research, with no a very technical rationalization of the maths utilized in administration technology. This re-creation accommodates and implements the robust DecisionTools through Palisade company, the world's prime toolkit for possibility and determination research. on the finish of every bankruptcy, issues are illustrated with step by step directions for DecisionTools. This new edition makes the textual content extra important and appropriate to scholars to company and engineering.

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Introduction to Operations Research (7th Edition) by Frederick S. Hillier

By Frederick S. Hillier

For over 4 a long time, "Introduction to Operations Research" by way of Frederick Hillier has been the vintage textual content on operations learn. whereas construction at the vintage strengths of the textual content, the writer maintains to discover new how one can make the textual content present and correct to scholars. a method is through incorporating a wealth of cutting-edge, elementary software program and extra insurance of industrial purposes than ever sooner than. The hallmark positive aspects of this variation contain transparent and accomplished assurance of basics, an intensive set of attention-grabbing difficulties and situations, and state-of-the-practice operations study software program utilized in conjunction with examples from the textual content. the web site will contain recommendations, a hundred labored examples, articles, a testbank, spouse software program, and 8 bonus chapters in addition to case reports.

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Handbook of Bioenergy: Bioenergy Supply Chain - Models and by Sandra D. Eksioglu, Steffen Rebennack, Panos M. Pardalos

By Sandra D. Eksioglu, Steffen Rebennack, Panos M. Pardalos

This guide brings jointly fresh advances within the parts of provide chain optimization, provide chain administration, and life-cycle price research of bioenergy. those subject matters are vital for the advance and long term sustainability of the bioenergy undefined.

The expanding curiosity in bioenergy has been stimulated by means of its strength to turn into a key destiny power resource. The possibilities and demanding situations that this has been dealing with were the incentive for a few optimization-related works on bioenergy.

Practitioners and academicians agree that the 2 significant limitations of additional investments during this are biomass offer uncertainty and prices. The objective of this guide is to offer a number of state-of-the-art advancements and instruments to assist the conquer those offer chain and fiscal challenges.

Case reports highlighting the issues confronted via traders within the US and Europe illustrate the effect of yes instruments in making bioenergy an economically attainable power option. 

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Batching and Scheduling: Models and Methods for Several by Carsten Jordan

By Carsten Jordan

In a few production platforms major setups are required to alter construction from one kind of items to a different. The setups render the producing process rigid as for reacting to adjustments famous styles, as a result inventories has to be maintained to assure an appropriate customer support. during this atmosphere, creation scheduling faces a couple of difficulties, and this paintings offers with mathematical types to aid the scheduling judgements. a few extra historical past and motivation is given within the following sections, in addition to in a case description in part 1. three. The synopsis in part 1. four outlines the themes of the paintings. 1. 1 Motivation of the making plans challenge examine the creation of steel sheets in a rolling mill. If the width of the following kind of sheets is bigger than the width of the previous style, then the roll wishes a setup: throughout the rolling method the perimeters of a sheet reason grooves at the rolls' floor, hence, the outside needs to be polished if a better width is administered subsequent. Sheets with a smaller width may be run without delay, with no setup. one other instance during which setups are series established is a line the place autos are sprayed: if the colour of the paint alterations, the cleansing of the instruments calls for a setup counting on the series of the colours. just a small setup should be wanted for altering from a mild to a gloomy colour, yet an intensive cleansing of the instruments is two bankruptcy 1.

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Modeling Markets: Analyzing Marketing Phenomena and by Peter S.H. Leeflang, Jaap E. Wieringa, Tammo H.A. Bijmolt,

By Peter S.H. Leeflang, Jaap E. Wieringa, Tammo H.A. Bijmolt, Koen H. Pauwels

This e-book is set how types might be constructed to symbolize call for and provide on markets, the place the emphasis is on call for types. Its basic concentration is on versions that may be utilized by managers to aid advertising judgements. The marketplace setting is altering swiftly and continuously. ahead of the advent of scanner gear in stores, ACNielsen, the main provider of knowledge on model functionality, claimed that its enterprise used to be to supply the rating yet to not clarify or expect it. With technological advances and the advent of the web, the chance to procure significant estimates of call for features has tremendously enhanced; types that supply information regarding the sensitivity of marketplace habit to advertising and marketing actions equivalent to advertisements, pricing, promotions and distribution at the moment are regularly utilized by managers for the id of adjustments in advertising and marketing courses which could enhance model functionality. In today’s surroundings of data overload, the problem is to make feel of the information that's being supplied globally, in genuine time, from millions of assets. Modeling Markets provides a complete assessment of the instruments and methodologies that managers can use in selection making. It has lengthy been recognized that even uncomplicated versions outperform judgments in predicting results in a large choice of contexts. extra complicated versions almost certainly offer insights approximately structural kin now not on hand from informal observations. even if advertising types are actually commonly permitted, the standard of the promoting judgements is severely based upon the standard of the versions on which these judgements are established. during this ebook, the authors current a wealth of insights built on the leading edge of the sector, protecting all key elements of specification, estimation, validation and use of types. the most up-tp-date insights and techniques in quantitative advertising are awarded, together with in-depth dialogue of Bayesian estimation tools. through the publication, the authors offer examples and illustrations. This e-book should be of curiosity to researchers, analysts, managers and scholars who are looking to comprehend, boost or use types of promoting phenomena.

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Markov Chains and Invariant Probabilities by Onésimo Hernández-Lerma, Jean B. Lasserre

By Onésimo Hernández-Lerma, Jean B. Lasserre

This booklet issues discrete-time homogeneous Markov chains that admit an invariant chance degree. the most aim is to offer a scientific, self-contained presentation on a few key concerns concerning the ergodic habit of that type of Markov chains. those concerns contain, particularly, some of the forms of convergence of anticipated and pathwise career measures, and ergodic decompositions of the country area. a few of the effects offered look for the 1st time in booklet shape. A distinguishing characteristic of the publication is the emphasis at the function of anticipated career measures to review the long-run habit of Markov chains on uncountable areas.

The meant viewers are graduate scholars and researchers in theoretical and utilized chance, operations study, engineering and economics.

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Mass Customization: Challenges and Solutions by Thorsten Blecker, Gerhard Friedrich

By Thorsten Blecker, Gerhard Friedrich

Mass Customization: demanding situations and options defines the parameters of the rising enterprise method, mass customization. The ebook will disguise the most different types of the world with a scientific exam of the next topics: production platforms and mass customization, offer chain administration and mass customization, and data platforms and mass customization.

In addition to being tightly prepared by means of issues and a gently chosen staff of members, the Editors will write introductory fabric to the sections in addition to introductory and concluding chapters. the result's a booklet that offers the sector with the conceptual framework of mass customization, its instruments, its suggestions, and real-world examples of profitable implementations of the enterprise approach. an incredible publication for lecturers operating in construction operations, construction production, commercial engineering, logistics, provide chain administration, and practitioners.

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