Operations Research Applications

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ISBN: 9781420091861 | 1420091867
Cover: Hardcover
Copyright: 11/12/2008

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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 a necessity. Inspired by the Operations Research and Management Science Handbook, this book provides an all-inclusive overview of OR applications in one convenient source with more focused attention on functional and industry-specific OR applications and available software techniques."--BOOK JACKET.

Preface	p. xi
Acknowledgments	p. xiii
Editor	p. xv
Contributors	p. xvii
History of Operations Research	p. xix
Project Management	p. 1
Introduction	p. 1-1
Critical Path Method	p. 1-3
PERT Network Analysis	p. 1-18
Statistical Analysis of Project Duration	p. 1-23
Precedence Diagramming Method	p. 1-26
Software Tools for Project Management	p. 1-34
Conclusion	p. 1-37
Quality Control	p. 2-1
Introduction	p. 2-1
Quality Control and Product Life Cycle	p. 2-2
New Trends and Relationship to Six Sigma	p. 2-5
Statistical Process Control	p. 2-7
Process Capability Studies	p. 2-16
Advanced Control Charts	p. 2-18
Limitations of Acceptance Sampling	p. 2-20
Conclusions	p. 2-20
Reliability	p. 3-1
Introduction	p. 3-1
Reliability in System Design	p. 3-3
Lifetime Distributions	p. 3-10
Parametric Models	p. 3-17
Parameter Estimation in Survival Analysis	p. 3-22
Nonparametric Methods	p. 3-32
Assessing Model Adequacy	p. 3-36
Summary	p. 3-40
Production Systems	p. 4-1
Production Planning Problem	p. 4-1
Demand Forecasting	p. 4-2
Models for Production Layout Design	p. 4-12
Scheduling of Production and Service Systems	p. 4-20
Energy Systems	p. 5-1
Introduction	p. 5-1
Definition of Energy	p. 5-2
Harnessing Natural Energy	p. 5-3
Mathematical Modeling of Energy Systems	p. 5-3
Linear Programming Model of Energy Resource Combination	p. 5-4
Integer Programming Model for Energy Investment Options	p. 5-5
Simulation and Optimization of Distributed Energy Systems	p. 5-11
Point-of-Use Energy Generation	p. 5-11
Modeling of CHP Systems	p. 5-12
Economic Optimization Methods	p. 5-13
Design of a Model for Optimization of CHP System Capacities	p. 5-16
Capacity Optimization	p. 5-21
Implementation of the Computer Model	p. 5-24
Other Scenarios	p. 5-27
Airline Optimization	p. 6-1
Introduction	p. 6-1
Schedule Planning	p. 6-5
Revenue Management	p. 6-14
Aircraft Load Planning	p. 6-21
Future Research Directions and Conclusions	p. 6-23
Financial Engineering	p. 7-1
Introduction	p. 7-1
Return	p. 7-3
Estimating an Asset's Mean and Variance	p. 7-4
Diversification	p. 7-6
Efficient Frontier	p. 7-8
Utility Analysis	p. 7-10
Black-Litterman Asset Allocation Model	p. 7-13
Risk Management	p. 7-18
Options	p. 7-22
Valuing Options	p. 7-24
Dynamic Programming	p. 7-28
Pricing American Options Using Dynamic Programming	p. 7-29
Comparison of Monte Carlo Simulation and Dynamic Programming	p. 7-33
Multi-Period Asset Liability Management	p. 7-33
Conclusions	p. 7-36
Supply Chain Management	p. 8-1
Introduction	p. 8-1
Managing Inventories in the Supply Chain	p. 8-6
Managing Transportation in the Supply Chain	p. 8-24
Managing Locations in the Supply Chain	p. 8-38
Managing Dyads in the Supply Chain	p. 8-48
Discussion and Conclusions	p. 8-58
E-Commerce	p. 9-1
Introduction	p. 9-1
Evolution of E-Commerce	p. 9-3
OR/MS and E-Commerce	p. 9-5
OR Applications in E-Commerce	p. 9-7
Tools-Applications Matrix	p. 9-20
Way Forward	p. 9-21
Summary	p. 9-21
Water Resources	p. 10-1
Introduction	p. 10-1
Optimal Operating Policy for Reservoir Systems	p. 10-4
Water Distribution Systems Optimization	p. 10-10
Preferences in Choosing Domestic Plumbing Materials	p. 10-18
Stormwater Management	p. 10-21
Groundwater Management	p. 10-23
Summary	p. 10-25
Military Applications	p. 11-1
Introduction	p. 11-1
Background on Military OR	p. 11-2
Current Military Applications of OR	p. 11-3
Concluding Remarks	p. 11-10
Future of OR/MS Applications: A Practitioner's Perspective	p. 12-1
Past as a Guide to the Future	p. 12-2
Impact of the Internet	p. 12-6
Emerging Opportunities	p. 12-8
Index	p. I-1
Table of Contents provided by Ingram. All Rights Reserved.

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Operations Research Applications

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