Wiley Series in Operations Research and Management Science – serie

INTRODUCTION TO LOGISTICS SYSTEMS MANAGEMENT The updated new edition of the award-winning introductory textbook on logistics system management Introduction to Logistics Systems Management provides an in-depth introduction to the methodological aspects of planning, organization, and control of logistics for organizations in the private, public and non-profit sectors. Based on the authors’ extensive teaching, research, and industrial consulting experience, this classic textbook is used in universities worldwide to teach students the use of quantitative methods for solving complex logistics problems. Fully updated and revised, the third edition places increased emphasis on the complexity and flexibility required by modern logistics systems. In this context, the extensive use of data, descriptive analytics, predictive models, and optimization techniques will be invaluable to support the decisions and actions of logistics and supply chain managers. Throughout the book, brand-new case studies and numerical examples illustrate how various methods can be used in industrial and service logistics to reduce costs and improve service levels. The book: includes new models and techniques that have emerged over the past decade; describes methodologies for logistics decision making, forecasting, logistics system design, procurement, warehouse management, and freight transportation management; includes end-of-chapter exercises, Microsoft® Excel® files and Python® computer codes for each algorithm covered; includes access to a companion website with additional exercises, links to video tutorials, and supplementary teaching material. To facilitate creation of course material, additional LaTeX source data containing the formulae, optimization models, tables and algorithms described in the book is available to instructors. Introduction to Logistics Systems Management, Third Edition remains an essential textbook for senior undergraduate and graduate students in engineering, computer science, and management science courses. It is also a highly useful reference for academic researchers and industry practitioners alike.

A comprehensive, one-stop reference for cutting-edge research in integrated risk management, modern applications, and best practicesIn the field of business, the ever-growing dependency on global supply chains has created new challenges that traditional risk management must be equipped to handle. Handbook of Integrated Risk Management in Global Supply Chains uses a multi-disciplinary approach to present an effective way to manage complex, diverse, and interconnected global supply chain risks.Contributions from leading academics and researchers provide an action-based framework that captures real issues, implementation challenges, and concepts emerging from industry studies.The handbook is divided into five parts: Foundations and Overview introduces risk management and discusses the impact of supply chain disruptions on corporate performanceIntegrated Risk Management: Operations and Finance Interface explores the joint use of operational and financial hedging of commodity price uncertaintiesSupply Chain Finance discusses financing alternatives and the role of financial services in procurement contracts; inventory management and capital structure; and bank financing of inventoriesOperational Risk Management Strategies outlines supply risks and challenges in decentralized supply chains, such as competition and misalignment of incentives between buyers and suppliersIndustrial Applications presents examples and case studies that showcase the discussed methodologiesEach topic's presentation includes an introduction, key theories, formulas, and applications. Discussions conclude with a summary of the main concepts, a real-world example, and professional insights into common challenges and best practices.Handbook of Integrated Risk Management in Global Supply Chains is an essential reference for academics and practitioners in the areas of supply chain management, global logistics, management science, and industrial engineering who gather, analyze, and draw results from data. The handbook is also a suitable supplement for operations research, risk management, and financial engineering courses at the upper-undergraduate and graduate levels.

Introduces various modeling and simulation methods and paradigms that are used to explain and solve the predominant challenges facing societyHandbook of Real-World Applications in Modeling and Simulation provides a thorough explanation of modeling and simulation in the most useful, current, and predominant applied areas of transportation, homeland security, medicine, operational research, military science, and business modeling. Offering a cutting-edge and accessible presentation, this book discusses how and why the presented domains have become leading applications of modeling and simulation techniques.Contributions from leading academics and researchers integrate modeling and simulation theories, methods, and data to analyze challenges that involve technological and social issues. The book begins with an introduction that explains why modeling and simulation is a reliable analysis assessment tool for complex systems problems. Subsequent chapters provide an orientation to various modeling and simulation methods and paradigms that are used to explain and solve the predominant challenges across real-world applied domains. Additionally, the handbook: Provides a practical one-stop reference on modeling and simulation and contains an accessible introduction to key concepts and techniques Introduces, trains, and prepares readers from statistics, mathematics, engineering, computer science, economics, and business to use modeling and simulation in their studies and research Features case studies that are representative of fundamental areas of multidisciplinary studies and provides a concise look at the key concepts of modeling and simulation Contains a collection of original ideas on modeling and simulation to help academics and practitioners develop a multifunctional perspective Self-contained chapters offer a comprehensive approach to explaining each respective domain and include sections that explore the related history, theory, modeling paradigms, and case studies. Key terms and techniques are clearly outlined, and exercise sets allow readers to test their comprehension of the presented material.Handbook of Real-World Applications in Modeling and Simulation is an essential reference for academics and practitioners in the areas of operations research, business, management science, engineering, statistics, mathematics, and computer science. The handbook is also a suitable supplement for courses on modeling and simulation at the graduate level.

Discover recent powerful advances in the theory, methods, and applications of decision and risk analysisFocusing on modern advances and innovations in the field of decision analysis (DA), Breakthroughs in Decision Science and Risk Analysis presents theories and methods for making, improving, and learning from significant practical decisions. The book explains these new methods and important applications in an accessible and stimulating style for readers from multiple backgrounds, including psychology, economics, statistics, engineering, risk analysis, operations research, and management science.Highlighting topics not conventionally found in DA textbooks, the book illustrates genuine advances in practical decision science, including developments and trends that depart from, or break with, the standard axiomatic DA paradigm in fundamental and useful ways. The book features methods for coping with realistic decision-making challenges such as online adaptive learning algorithms, innovations in robust decision-making, and the use of a variety of models to explain available data and recommend actions. In addition, the book illustrates how these techniques can be applied to dramatically improve risk management decisions. Breakthroughs in Decision Science and Risk Analysis also includes: An emphasis on new approaches rather than only classical and traditional ideasDiscussions of how decision and risk analysis can be applied to improve high-stakes policy and management decisionsCoverage of the potential value and realism of decision science within applications in financial, health, safety, environmental, business, engineering, and security risk managementInnovative methods for deciding what actions to take when decision problems are not completely known or described or when useful probabilities cannot be specifiedRecent breakthroughs in the psychology and brain science of risky decisions, mathematical foundations and techniques, and integration with learning and pattern recognition methods from computational intelligenceBreakthroughs in Decision Science and Risk Analysis is an ideal reference for researchers, consultants, and practitioners in the fields of decision science, operations research, business, management science, engineering, statistics, and mathematics. The book is also an appropriate guide for managers, analysts, and decision and policy makers in the areas of finance, health and safety, environment, business, engineering, and security risk management.

In recent years, there has been a growing debate, particularly in the UK and Europe, over the merits of using discrete-event simulation (DES) and system dynamics (SD); there are now instances where both methodologies were employed on the same problem. This book details each method, comparing each in terms of both theory and their application to various problem situations. It also provides a seamless treatment of various topics--theory, philosophy, detailed mechanics, practical implementation--providing a systematic treatment of the methodologies of DES and SD, which previously have been treated separately.

Presents an important and unique introduction to random walk theoryRandom walk is a stochastic process that has proven to be a useful model in understanding discrete-state discrete-time processes across a wide spectrum of scientific disciplines. Elements of Random Walk and Diffusion Processes provides an interdisciplinary approach by including numerous practical examples and exercises with real-world applications in operations research, economics, engineering, and physics.Featuring an introduction to powerful and general techniques that are used in the application of physical and dynamic processes, the book presents the connections between diffusion equations and random motion. Standard methods and applications of Brownian motion are addressed in addition to Levy motion, which has become popular in random searches in a variety of fields. The book also covers fractional calculus and introduces percolation theory and its relationship to diffusion processes.With a strong emphasis on the relationship between random walk theory and diffusion processes, Elements of Random Walk and Diffusion Processes features: Basic concepts in probability, an overview of stochastic and fractional processes, and elements of graph theoryNumerous practical applications of random walk across various disciplines, including how to model stock prices and gambling, describe the statistical properties of genetic drift, and simplify the random movement of molecules in liquids and gasesExamples of the real-world applicability of random walk such as node movement and node failure in wireless networking, the size of the Web in computer science, and polymers in physicsPlentiful examples and exercises throughout that illustrate the solution of many practical problemsElements of Random Walk and Diffusion Processes is an ideal reference for researchers and professionals involved in operations research, economics, engineering, mathematics, and physics. The book is also an excellent textbook for upper-undergraduate and graduate level courses in probability and stochastic processes, stochastic models, random motion and Brownian theory, random walk theory, and diffusion process techniques.

Features of statistical and operational research methods and tools being used to improve the healthcare industryWith a focus on cutting-edge approaches to the quickly growing field of healthcare, Healthcare Analytics: From Data to Knowledge to Healthcare Improvement provides an integrated and comprehensive treatment on recent research advancements in data-driven healthcare analytics in an effort to provide more personalized and smarter healthcare services. Emphasizing data and healthcare analytics from an operational management and statistical perspective, the book details how analytical methods and tools can be utilized to enhance healthcare quality and operational efficiency.Organized into two main sections, Part I features biomedical and health informatics and specifically addresses the analytics of genomic and proteomic data; physiological signals from patient-monitoring systems; data uncertainty in clinical laboratory tests; predictive modeling; disease modeling for sepsis; and the design of cyber infrastructures for early prediction of epidemic events. Part II focuses on healthcare delivery systems, including system advances for transforming clinic workflow and patient care; macro analysis of patient flow distribution; intensive care units; primary care; demand and resource allocation; mathematical models for predicting patient readmission and postoperative outcome; physician–patient interactions; insurance claims; and the role of social media in healthcare. Healthcare Analytics: From Data to Knowledge to Healthcare Improvement also features:• Contributions from well-known international experts who shed light on new approaches in this growing area• Discussions on contemporary methods and techniques to address the handling of rich and large-scale healthcare data as well as the overall optimization of healthcare system operations• Numerous real-world examples and case studies that emphasize the vast potential of statistical and operational research tools and techniques to address the big data environment within the healthcare industry• Plentiful applications that showcase analytical methods and tools tailored for successful healthcare systems modeling and improvementThe book is an ideal reference for academics and practitioners in operations research, management science, applied mathematics, statistics, business, industrial and systems engineering, healthcare systems, and economics. Healthcare Analytics: From Data to Knowledge to Healthcare Improvement is also appropriate for graduate-level courses typically offered within operations research, industrial engineering, business, and public health departments.

A key resource and framework for assessing the performance of competing entities, including forecasting modelsAdvances in DEA Theory and Applications provides a much-needed framework for assessing the performance of competing entities with special emphasis on forecasting models. It helps readers to determine the most appropriate methodology in order to make the most accurate decisions for implementation. Written by a noted expert in the field, this text provides a review of the latest advances in DEA theory and applications to the field of forecasting.Designed for use by anyone involved in research in the field of forecasting or in another application area where forecasting drives decision making, this text can be applied to a wide range of contexts, including education, health care, banking, armed forces, auditing, market research, retail outlets, organizational effectiveness, transportation, public housing, and manufacturing. This vital resource:  Explores the latest developments in DEA frameworks for the performance evaluation of entities such as public or private organizational branches or departments, economic sectors, technologies, and stocksPresents a novel area of application for DEA; namely, the performance evaluation of forecasting modelsPromotes the use of DEA to assess the performance of forecasting models in a wide area of applicationsProvides rich, detailed examples and case studiesAdvances in DEA Theory and Applications includes information on a balanced benchmarking tool that is designed to help organizations examine their assumptions about their productivity and performance.

Presents recent breakthroughs in the theory, methods, and applications of safety and risk analysis for safety engineers, risk analysts, and policy makersSafety principles are paramount to addressing structured handling of safety concerns in all technological systems. This handbook captures and discusses the multitude of safety principles in a practical and applicable manner. It is organized by five overarching categories of safety principles: Safety Reserves; Information and Control; Demonstrability; Optimization; and Organizational Principles and Practices. With a focus on the structured treatment of a large number of safety principles relevant to all related fields, each chapter defines the principle in question and discusses its application as well as how it relates to other principles and terms. This treatment includes the history, the underlying theory, and the limitations and criticism of the principle. Several chapters also problematize and critically discuss the very concept of a safety principle. The book treats issues such as: What are safety principles and what roles do they have? What kinds of safety principles are there? When, if ever, should rules and principles be disobeyed? How do safety principles relate to the law; what is the status of principles in different domains? The book also features:• Insights from leading international experts on safety and reliability• Real-world applications and case studies including systems usability, verification and validation, human reliability, and safety barriers• Different taxonomies for how safety principles are categorized• Breakthroughs in safety and risk science that can significantly change, improve, and inform important practical decisions• A structured treatment of safety principles relevant to numerous disciplines and application areas in industry and other sectors of society• Comprehensive and practical coverage of the multitude of safety principles including maintenance optimization, substitution, safety automation, risk communication, precautionary approaches, non-quantitative safety analysis, safety culture, and many othersThe Handbook of Safety Principles is an ideal reference and resource for professionals engaged in risk and safety analysis and research. This book is also appropriate as a graduate and PhD-level textbook for courses in risk and safety analysis, reliability, safety engineering, and risk management offered within mathematics, operations research, and engineering departments.NIKLAS MÖLLER, PhD, is Associate Professor at the Royal Institute of Technology in Sweden. The author of approximately 20 international journal articles, Dr. Möller's research interests include the philosophy of risk, metaethics, philosophy of science, and epistemology.SVEN OVE HANSSON, PhD, is Professor of Philosophy at the Royal Institute of Technology. He has authored over 300 articles in international journals and is a member of the Royal Swedish Academy of Engineering Sciences. Dr. Hansson is also a Topical Editor for the Wiley Encyclopedia of Operations Research and Management Science.JAN-ERIK HOLMBERG, PhD, is Senior Consultant at Risk Pilot AB and Adjunct Professor of Probabilistic Riskand Safety Analysis at the Royal Institute of Technology. Dr. Holmberg received his PhD in Applied Mathematics from Helsinki University of Technology in 1997.CARL ROLLENHAGEN, PhD, is Adjunct Professor of Risk and Safety at the Royal Institute of Technology. Dr. Rollenhagen has performed extensive research in the field of human factors and MTO (Man, Technology, and Organization) with a specific emphasis on safety culture and climate, event investigation methods, and organizational safety assessment.

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 researchHighlights the optimization of chronic disease prevention, infectious disease control and prevention, and disease treatment and treatment technologyIncludes contributions by well-known experts from operations researchers to clinical researchers, and from data scientists to public health administratorsOffers clarification on common misunderstandings and misnomers while shedding light on new approaches in this growing areaDesigned 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.

A multidisciplinary approach to problem-solving in community-based organizations using decision models and operations research applicationsA comprehensive treatment of public-sector operations research and management science, Decision Science for Housing and Community Development: Localized and Evidence-Based Responses to Distressed Housing and Blighted Communities addresses critical problems in urban housing and community development through a diverse set of decision models and applications. The book represents a bridge between theory and practice and is a source of collaboration between decision and data scientists and planners, advocates, and community practitioners.The book is motivated by the needs of community-based organizations to respond to neighborhood economic and social distress, represented by foreclosed, abandoned, and blighted housing, through community organizing, service provision, and local development. The book emphasizes analytic approaches that increase the ability of local practitioners to act quickly, thoughtfully, and effectively. By doing so, practitioners can design and implement responses that reflect stakeholder values associated with healthy and sustainable communities; that benefit from increased organizational capacity for evidence-based responses; and that result in solutions that represent improvements over the status quo according to multiple social outcome measures. Featuring quantitative and qualitative analytic methods as well as prescriptive and exploratory decision modeling, the book also includes: Discussions of the principles of decision theory and descriptive analysis to describe ways to identify and quantify values and objectives for community developmentMathematical programming applications for real-world problem solving in foreclosed housing acquisition and redevelopmentApplications of case studies and community-engaged research principles to analytics and decision modelingDecision Science for Housing and Community Development: Localized and Evidence-Based Responses to Distressed Housing and Blighted Communities is an ideal textbook for upper-undergraduate and graduate-level courses in decision models and applications; humanitarian logistics; nonprofit operations management; urban operations research; public economics; performance management; urban studies; public policy; urban and regional planning; and systems design and optimization. The book is also an excellent reference for academics, researchers, and practitioners in operations research, management science, operations management, systems engineering, policy analysis, city planning, and data analytics.

Introduces a bold, new model for energy industry pollution prevention and sustainable growthBalancing industrial pollution prevention with economic growth is one of the knottiest problems faced by industry today. This book introduces a novel approach to using data envelopment analysis (DEA) as a powerful tool for achieving that balance in the energy industries—the world’s largest producers of greenhouse gases. It describes a rigorous framework that integrates elements of the social sciences, corporate strategy, regional economics, energy economics, and environmental policy, and delivers a methodology and a set of strategies for promoting green innovation while solving key managerial challenges to greenhouse gas reduction and business growth.In writing this book the authors have drawn upon their pioneering work and considerable experience in the field to develop an unconventional, holistic approach to using DEA to assess key aspects of sustainability development. The book is divided into two sections, the first of which lays out a conventional framework of DEA as the basis for new research directions. In the second section, the authors delve into conceptual and methodological extensions of conventional DEA for solving problems of environmental assessment in all contemporary energy industry sectors.  Introduces a powerful new approach to using DEA to achieve pollution prevention, sustainability, and business growthCovers the fundamentals of DEA, including theory, statistical models, and practical issues of conventional applications of DEAExplores new statistical modeling strategies and explores their economic and business implicationsExamines applications of DEA to environmental analysis across the complete range of energy industries, including coal, petroleum, shale gas, nuclear energy, renewables, and moreSummarizes important studies and nearly 800 peer reviewed articles on energy, the environment, and sustainabilityEnvironmental Assessment on Energy and Sustainability by Data Envelopment Analysis is must-reading for researchers, academics, graduate students, and practitioners in the energy industries, as well as government officials and policymakers tasked with regulating the environmental impacts of industrial pollution.

A comprehensive review of behavioral operations management that puts the focus on new and trending research in the fieldThe Handbook of Behavioral Operations offers a comprehensive resource that fills the gap in the behavioral operations management literature. This vital text highlights best practices in behavioral operations research and identifies the most current research directions and their applications. A volume in the Wiley Series in Operations Research and Management Science, this book contains contributions from an international panel of scholars from a wide variety of backgrounds who are conducting behavioral research.The handbook provides succinct tutorials on common methods used to conduct behavioral research, serves as a resource for current topics in behavioral operations research, and as a guide to the use of new research methods. The authors review the fundamental theories and offer frameworks from a psychological, systems dynamics, and behavioral economic standpoint. They provide a crucial grounding for behavioral operations as well as an entry point for new areas of behavioral research. The handbook also presents a variety of behavioral operations applications that focus on specific areas of study and includes a survey of current and future research needs. This important resource: Contains a summary of the methodological foundations and in-depth treatment of research best practices in behavioral research.Provides a comprehensive review of the research conducted over the past two decades in behavioral operations, including such classic topics as inventory management, supply chain contracting, forecasting, and competitive sourcing.Covers a wide-range of current topics and applications including supply chain risk, responsible and sustainable supply chain, health care operations, culture and trust.Connects existing bodies of behavioral operations literature with related fields, including psychology and economics.Provides a vision for future behavioral research in operations.Written for academicians within the operations management community as well as for behavioral researchers, The Handbook of Behavioral Operations offers a comprehensive resource for the study of how individuals make decisions in an operational context with contributions from experts in the field.

A comprehensive introduction to the theory and practice of contemporary data science analysis for railway track engineeringFeaturing a practical introduction to state-of-the-art data analysis for railway track engineering, Big Data and Differential Privacy: Analysis Strategies for Railway Track Engineering addresses common issues with the implementation of big data applications while exploring the limitations, advantages, and disadvantages of more conventional methods. In addition, the book provides a unifying approach to analyzing large volumes of data in railway track engineering using an array of proven methods and software technologies.Dr. Attoh-Okine considers some of today’s most notable applications and implementations and highlights when a particular method or algorithm is most appropriate. Throughout, the book presents numerous real-world examples to illustrate the latest railway engineering big data applications of predictive analytics, such as the Union Pacific Railroad’s use of big data to reduce train derailments, increase the velocity of shipments, and reduce emissions.In addition to providing an overview of the latest software tools used to analyze the large amount of data obtained by railways, Big Data and Differential Privacy: Analysis Strategies for Railway Track Engineering:• Features a unified framework for handling large volumes of data in railway track engineering using predictive analytics, machine learning, and data mining• Explores issues of big data and differential privacy and discusses the various advantages and disadvantages of more conventional data analysis techniques• Implements big data applications while addressing common issues in railway track maintenance• Explores the advantages and pitfalls of data analysis software such as R and Spark, as well as the Apache™ Hadoop® data collection database and its popular implementation MapReduceBig Data and Differential Privacy is a valuable resource for researchers and professionals in transportation science, railway track engineering, design engineering, operations research, and railway planning and management. The book is also appropriate for graduate courses on data analysis and data mining, transportation science, operations research, and infrastructure management.NII ATTOH-OKINE, PhD, PE is Professor in the Department of Civil and Environmental Engineering at the University of Delaware. The author of over 70 journal articles, his main areas of research include big data and data science; computational intelligence; graphical models and belief functions; civil infrastructure systems; image and signal processing; resilience engineering; and railway track analysis. Dr. Attoh-Okine has edited five books in the areas of computational intelligence, infrastructure systems and has served as an Associate Editor of various ASCE and IEEE journals.

An updated edition of the text that explores the core topics in scheduling theoryThe second edition of Principles of Sequencing and Scheduling has been revised and updated to provide comprehensive coverage of sequencing and scheduling topics as well as emerging developments in the field. The text offers balanced coverage of deterministic models and stochastic models and includes new developments in safe scheduling and project scheduling, including coverage of project analytics. These new topics help bridge the gap between classical scheduling and actual practice. The authors—noted experts in the field—present a coherent and detailed introduction to the basic models, problems, and methods of scheduling theory. This book offers an introduction and overview of sequencing and scheduling and covers such topics as single-machine and multi-machine models, deterministic and stochastic problem formulations, optimization and heuristic solution approaches, and generic and specialized software methods. This new edition adds coverage on topics of recent interest in shop scheduling and project scheduling. This important resource: Offers comprehensive coverage of deterministic models as well as recent approaches and developments for stochastic modelsEmphasizes the application of generic optimization software to basic sequencing problems and the use of spreadsheet-based optimization methodsIncludes updated coverage on safe scheduling, lognormal modeling, and job selectionProvides basic coverage of robust scheduling as contrasted with safe schedulingAdds a new chapter on project analytics, which supports the PERT21 framework for project scheduling in a stochastic environment.Extends the coverage of PERT 21 to include hierarchical schedulingProvides end-of-chapter references and access to advanced Research Notes, to aid readers in the further exploration of advanced topics  Written for upper-undergraduate and graduate level courses covering such topics as scheduling theory and applications, project scheduling, and operations scheduling, the second edition of Principles of Sequencing and Scheduling is a resource that covers scheduling techniques and contains the most current research and emerging topics.

Recent developments in multi-parametric optimization and controlMulti-Parametric Optimization and Control provides comprehensive coverage of recent methodological developments for optimal model-based control through parametric optimization. It also shares real-world research applications to support deeper understanding of the material.Researchers and practitioners can use the book as reference. It is also suitable as a primary or a supplementary textbook. Each chapter looks at the theories related to a topic along with a relevant case study. Topic complexity increases gradually as readers progress through the chapters. The first part of the book presents an overview of the state-of-the-art multi-parametric optimization theory and algorithms in multi-parametric programming. The second examines the connection between multi-parametric programming and model-predictive control—from the linear quadratic regulator over hybrid systems to periodic systems and robust control.The third part of the book addresses multi-parametric optimization in process systems engineering. A step-by-step procedure is introduced for embedding the programming within the system engineering, which leads the reader into the topic of the PAROC framework and software platform. PAROC is an integrated framework and platform for the optimization and advanced model-based control of process systems. Uses case studies to illustrate real-world applications for a better understanding of the concepts presentedCovers the fundamentals of optimization and model predictive controlProvides information on key topics, such as the basic sensitivity theorem, linear programming, quadratic programming, mixed-integer linear programming, optimal control of continuous systems, and multi-parametric optimal controlAn appendix summarizes the history of multi-parametric optimization algorithms. It also covers the use of the parametric optimization toolbox (POP), which is comprehensive software for efficiently solving multi-parametric programming problems.

A concise resource to the best practices and problem-solving ideas for understanding the airline network planning and scheduling processAirline Network Planning and Scheduling offers a comprehensive resource that is filled with the industry's best practices that can help to inform decision-modeling and the problem-solving process. Written by two industry experts, the book is designed to be an accessible guide that contains information for addressing complex challenges, problems, and approaches that arise on the job. The chapters begin by addressing the complex topics at a broad, conceptual level before moving on to more detailed modeling in later chapters. This approach follows the standard airline planning process and reflects the duties of the day-to-day job of network/schedule planners.To help gain a practical understanding of the information presented, each chapter includes exercises and data based on real-world case studies. In addition, throughout the book there are graphs and illustrations as well as, information on the most recent advances in airline network and planning research. This important resource: Takes a practical approach when detailing airline network planning and scheduling practices as opposed to a theoretical perspectivePuts the focus on the complexity and main challenges as well as current practices and approaches to problem-solving and decision-makingPresents the information in a logical sequence that begins with broad, conceptual topics and gradually delves into more advanced topics that address modelingContains international standard airline planning processes, the day-to-day responsibilities of the job, and outlines the steps taken when building an airline network and scheduleIncludes numerous case studies, exercises, graphs, and illustrations throughoutWritten for professionals and academics, Airline Network Planning and Scheduling offers a resource for understanding best practices and models as well as the challenges involved with network planning and scheduling.

SUSTAINABLE OPERATIONS AND SUPPLY CHAIN MANAGEMENT SUSTAINABLE OPERATIONS AND SUPPLY CHAIN MANAGEMENT Sustainable Operations and Supply Chain Management addresses the most relevant topics of operations and supply chain management from the perspective of sustainability. The main focus is to provide a step-by-step guide for managerial decisions made along the product life cycle, following a path made up of the following steps: product design, sourcing, manufacturing, packaging and physical distribution, reverse logistics and recovery. Guidance is provided on understanding traditional operations and supply chain management approaches, tools and techniques such as production planning, stock management, quality management and performance measurement, which can be adapted to achieve economic, environmental and social sustainability. Key features: Repositions the main operations and supply chain management decisions developed in the perspective of the Life Cycle Analysis (Cradle-to-Cradle approach) and the Triple Bottom Line approach (economic, environmental and social sustainability)Covers sustainability and future trends, sustainable operations as a competitive factor as well as performance measurement and controlExplores five main areas of operations and supply chain management; design for environment, procurement, manufacturing, packaging and distribution and reverse supply chainProvides a case study within each chapter to further the reader’s understanding along with numerous examples and real-world problemsThe book will be valuable for students at undergraduate and graduate levels in management and engineering schools, as well as for practitioners working in operations and supply chain management functions.

Presents various challenges faced by security policy makers and risk analysts, and mathematical approaches that inform homeland security policy development and decision supportCompiled by a group of highly qualified editors, this book provides a clear connection between risk science and homeland security policy making and includes top-notch contributions that uniquely highlight the role of risk analysis for informing homeland security policy decisions. Featuring discussions on various challenges faced in homeland security risk analysis, the book seamlessly divides the subject of risk analysis for homeland security into manageable chapters, which are organized by the concept of risk-informed decisions, methodology for applying risk analysis, and relevant examples and case studies. Applied Risk Analysis for Guiding Homeland Security Policy and Decisions offers an enlightening overview of risk analysis methods for homeland security. For instance, it presents readers with an exploration of radiological and nuclear risk assessment, along with analysis of uncertainties in radiological and nuclear pathways. It covers the advances in risk analysis for border security, as well as for cyber security. Other topics covered include: strengthening points of entry; systems modeling for rapid containment and casualty mitigation; and disaster preparedness and critical infrastructure resilience. Highlights how risk analysis helps in the decision-making process for homeland security policyPresents specific examples that detail how various risk analysis methods provide decision support for homeland security policy makers and risk analystsDescribes numerous case studies from academic, government, and industrial perspectives that apply risk analysis methods for addressing challenges within the U.S. Department of Homeland Security (DHS)Offers detailed information regarding each of the five DHS missions: prevent terrorism and enhance security; secure and manage our borders; enforce and administer our immigration laws; safeguard and secure cyberspace; and strengthen national preparedness and resilienceDiscusses the various approaches and challenges faced in homeland risk analysis and identifies improvements and methodological advances that influenced DHS to adopt an increasingly risk-informed basis for decision-makingWritten by top educators and professionals who clearly illustrate the link between risk science and homeland security policy making Applied Risk Analysis for Guiding Homeland Security Policy and Decisions is an excellent textbook and/or supplement for upper-undergraduate and graduate-level courses related to homeland security risk analysis. It will also be an extremely beneficial resource and reference for homeland security policy analysts, risk analysts, and policymakers from private and public sectors, as well as researchers, academics, and practitioners who utilize security risk analysis methods.

How can analytics scholars and healthcare professionals access the most exciting and important healthcare topics and tools for the 21st century?Editors Tinglong Dai and Sridhar Tayur, aided by a team of internationally acclaimed experts, have curated this timely volume to help newcomers and seasoned researchers alike to rapidly comprehend a diverse set of thrusts and tools in this rapidly growing cross-disciplinary field. The Handbook covers a wide range of macro-, meso- and micro-level thrusts—such as market design, competing interests, global health, personalized medicine, residential care and concierge medicine, among others—and structures what has been a highly fragmented research area into a coherent scientific discipline.The handbook also provides an easy-to-comprehend introduction to five essential research tools—Markov decision process, game theory and information economics, queueing games, econometric methods, and data science—by illustrating their uses and applicability on examples from diverse healthcare settings, thus connecting tools with thrusts.The primary audience of the Handbook includes analytics scholars interested in healthcare and healthcare practitioners interested in analytics. This Handbook: Instills analytics scholars with a way of thinking that incorporates behavioral, incentive, and policy considerations in various healthcare settings. This change in perspective—a shift in gaze away from narrow, local and one-off operational improvement efforts that do not replicate, scale or remain sustainable—can lead to new knowledge and innovative solutions that healthcare has been seeking so desperately.Facilitates collaboration between healthcare experts and analytics scholar to frame and tackle their pressing concerns through appropriate modern mathematical tools designed for this very purpose.The handbook is designed to be accessible to the independent reader, and it may be used in a variety of settings, from a short lecture series on specific topics to a semester-long course.

Explore the fundamentals of Multi-Criteria Decision Analysis with help from Excel® and RIn Smart Decisions: A Structured Approach to Decision Analysis using MCDA, a distinguished team of decision-making specialists delivers a comprehensive and insightful exploration of the fundamentals of Multi-Criteria Decision Analysis methods. The book offers guidance on modeling decision problems using some of the most powerful methods in operations research.Each chapter introduces a core MCDA method and guides the reader through a step-by-step approach to the implementation of the method using Microsoft® Excel® and then using R, a popular analytical language.The book also includes: A thorough, step-by-step guide to Multi-Criteria Decision Analysis methods and the application of these methods in Microsoft Excel and RExtensive illustrations, R code, and software screenshots to aid the reader’s understanding of the concepts discussed withinA starter’s guide to Excel and R programmingPerfect for graduate students in MBA programs and business schools, Smart Decisions: A Structured Approach to Decision Analysis Using MCDA is also an ideal resource for practitioners who apply MCDA in business, finance, applied mathematics, and engineering.

A detailed review of a wide range of meta-heuristic and evolutionary algorithms in a systematic manner and how they relate to engineering optimization problemsThis book introduces the main metaheuristic algorithms and their applications in optimization. It describes 20 leading meta-heuristic and evolutionary algorithms and presents discussions and assessments of their performance in solving optimization problems from several fields of engineering. The book features clear and concise principles and presents detailed descriptions of leading methods such as the pattern search (PS) algorithm, the genetic algorithm (GA), the simulated annealing (SA) algorithm, the Tabu search (TS) algorithm, the ant colony optimization (ACO), and the particle swarm optimization (PSO) technique.Chapter 1 of Meta-heuristic and Evolutionary Algorithms for Engineering Optimization provides an overview of optimization and defines it by presenting examples of optimization problems in different engineering domains. Chapter 2 presents an introduction to meta-heuristic and evolutionary algorithms and links them to engineering problems. Chapters 3 to 22 are each devoted to a separate algorithm— and they each start with a brief literature review of the development of the algorithm, and its applications to engineering problems. The principles, steps, and execution of the algorithms are described in detail, and a pseudo code of the algorithm is presented, which serves as a guideline for coding the algorithm to solve specific applications. This book: Introduces state-of-the-art metaheuristic algorithms and their applications to engineering optimization;Fills a gap in the current literature by compiling and explaining the various meta-heuristic and evolutionary algorithms in a clear and systematic manner;Provides a step-by-step presentation of each algorithm and guidelines for practical implementation and coding of algorithms;Discusses and assesses the performance of metaheuristic algorithms in multiple problems from many fields of engineering;Relates optimization algorithms to engineering problems employing a unifying approach.Meta-heuristic and Evolutionary Algorithms for Engineering Optimization is a reference intended for students, engineers, researchers, and instructors in the fields of industrial engineering, operations research, optimization/mathematics, engineering optimization, and computer science.OMID BOZORG-HADDAD, PhD, is Professor in the Department of Irrigation and Reclamation Engineering at the University of Tehran, Iran.MOHAMMAD SOLGI, M.Sc., is Teacher Assistant for M.Sc. courses at the University of Tehran, Iran.HUGO A. LOÁICIGA, PhD, is Professor in the Department of Geography at the University of California, Santa Barbara, United States of America.

Clear and effective instruction on MADM methods for students, researchers, and practitioners.A Handbook on Multi-Attribute Decision-Making Methods describes multi-attribute decision-making (MADM) methods and provides step-by-step guidelines for applying them. The authors describe the most important MADM methods and provide an assessment of their performance in solving problems across disciplines. After offering an overview of decision-making and its fundamental concepts, this book covers 20 leading MADM methods and contains an appendix on weight assignment methods. Chapters are arranged with optimal learning in mind, so you can easily engage with the content found in each chapter. Dedicated readers may go through the entire book to gain a deep understanding of MADM methods and their theoretical foundation, and others may choose to review only specific chapters. Each standalone chapter contains a brief description of prerequisite materials, methods, and mathematical concepts needed to cover its content, so you will not face any difficulty understanding single chapters. Each chapter: Describes, step-by-step, a specific MADM method, or in some cases a family of methodsContains a thorough literature review for each MADM method, supported with numerous examples of the method's implementation in various fieldsProvides a detailed yet concise description of each method's theoretical foundationMaps each method's philosophical basis to its corresponding mathematical frameworkDemonstrates how to implement each MADM method to real-world problems in a variety of disciplinesIn MADM methods, stakeholders' objectives are expressible through a set of often conflicting criteria, making this family of decision-making approaches relevant to a wide range of situations. A Handbook on Multi-Attribute Decision-Making Methods compiles and explains the most important methodologies in a clear and systematic manner, perfect for students and professionals whose work involves operations research and decision making.

Authoritative and quantitative approach to modern game theory with applications from areas including economics, political science, computer science, and engineering Game Theory acknowledges the role of mathematics in making logical and advantageous decisions in adversarial situations and provides a balanced treatment of the subject that is both conceptual and applied. This newly updated and revised Third Edition streamlines the text to introduce readers to the basic theories behind games in a less technical but still mathematically rigorous way, with many new real-world examples from various fields of study, including economics, political science, military science, finance, biological science, and general game playing. The text introduces topics like repeated games, Bayesian equilibria, signaling games, bargaining games, evolutionary stable strategies, extensive games, and network and congestion games, which will be of interest across a wide range of disciplines. Separate sections in each chapter illustrate the use of Mathematica and Gambit software to create, analyze, and implement effective decision-making models. A companion website contains the related Mathematica and Gambit data sets and code. Solutions, hints, and methods used to solve most problems to enable self-learning are in an Appendix. Game Theory includes detailed information on: The von Neumann Minimax Theorem and methods for solving any 2-person zero sum matrix game.Two-person nonzero sum games solved for a Nash Equilibrium using nonlinear programming software or a calculus method. Nash Equilibria and Correlated Equilibria. Repeated games and punishment strategies to enforce cooperationGames in Extensive Form for solving Bayesian and perfect information games using Gambit.N-Person nonzero sum games, games with a continuum of strategies and many models in economics applications, duels, auctions, of Nash Equilibria, and the Stable Matching problemCoalitions and characteristic functions of cooperative games, an exact nucleolus for three-player games, bargainingGame theory in evolutionary processes and population gamesA trusted and proven guide for students of mathematics, engineering, and economics, the Third Edition of Game Theory is also an excellent resource for researchers and practitioners in economics, finance, engineering, operations research, statistics, and computer science.

Qualitative and quantitative techniques to apply decision analysis to real-world decision problems, supported by sound mathematics, best practices, soft skills, and more With substantive illustrations based on the authors’ personal experiences throughout, Handbook of Decision Analysis describes the philosophy, knowledge, science, and art of decision analysis. Key insights from decision analysis applications and behavioral decision analysis research are presented, and numerous decision analysis textbooks, technical books, and research papers are referenced for comprehensive coverage. This book does not introduce new decision analysis mathematical theory, but rather ensures the reader can understand and use the most common mathematics and best practices, allowing them to apply rigorous decision analysis with confidence. The material is supported by examples and solution steps using Microsoft Excel and includes many challenging real-world problems. Given the increase in the availability of data due to the development of products that deliver huge amounts of data, and the development of data science techniques and academic programs, a new theme of this Second Edition is the use of decision analysis techniques with big data and data analytics. Written by a team of highly qualified professionals and academics, Handbook of Decision Analysis includes information on: Behavioral decision-making insights, decision framing opportunities, collaboration with stakeholders, information assessment, and decision analysis modeling techniquesPrinciples of value creation through designing alternatives, clear value/risk tradeoffs, and decision implementationQualitative and quantitative techniques for each key decision analysis task, as opposed to presenting one technique for all decisions.Stakeholder analysis, decision hierarchies, and influence diagrams to frame descriptive, predictive, and prescriptive analytics decision problems to ensure implementation successHandbook of Decision Analysis is a highly valuable textbook, reference, and/or refresher for students and decision professionals in business, management science, engineering, engineering management, operations management, mathematics, and statistics who want to increase the breadth and depth of their technical and soft skills for success when faced with a professional or personal decision.

Provides a practical guide to cost estimation tools, methods, and applications across complex projects Cost estimation plays a pivotal role in informing investment and resource allocation decisions in government, industrial, and military projects. With increasingly complex systems, high-risk environments, and growing demands for accountability, the ability to develop accurate and justifiable cost models is critical. Cost Estimation: Methods and Tools is an essential, up-to-date introduction to the quantitative techniques that underpin effective cost analysis, ensuring readers gain both theoretical understanding and practical application skills. This thoroughly revised second edition reflects the latest changes in regulations, directives, and reporting practices. It delivers clear, practical explanations of core cost estimation techniques, including regression analysis, inflation indices, learning curves, cost factors, and wrap rates. New coverage of Agile software methods highlights emerging practices and evolving needs across the field. The book equips readers to address the full spectrum of cost challenges—from research and development to production, deployment, operations and support, and finally disposal. Combining methodological rigor and applied insight, the second edition of Cost Estimation: Explains fundamental cost estimation techniques through accessible, step-by-step examplesIncorporates a “deeper dive” into data normalization and regression analysisFeatures numerous worked examples and end-of-chapter problem sets to reinforce comprehensionHighlights the use of cost models in risk assessment and uncertainty analysisIntroduces historical context and key terminology to build a solid foundation in cost estimationIncludes updated examples that reflect real-world applications across both defense and industry sectors along with a real-world cost case study.Written by experienced practitioners and educators, Cost Estimation: Methods and Tools, Second Edition is ideal for graduate students in Operations Research, Industrial Engineering, Systems Engineering, and Cost Estimation, particularly in courses such as Cost Estimating and Analysis or Engineering Economics. It is equally valuable as a reference for professional cost estimators, analysts, and decision makers working in government, defense, and industry.

A ONE-OF-A-KIND GUIDE TO THE BEST PRACTICES IN DECISION ANALYSISDecision analysis provides powerful tools for addressing complex decisions that involve uncertainty and multiple objectives, yet most training materials on the subject overlook the soft skills that are essential for success in the field. This unique resource fills this gap in the decision analysis literature and features both soft personal/interpersonal skills and the hard technical skills involving mathematics and modeling.Readers will learn how to identify and overcome the numerous challenges of decision making, choose the appropriate decision process, lead and manage teams, and create value for their organization. Performing modeling analysis, assessing risk, and implementing decisions are also addressed throughout. Additional features include: Key insights gleaned from decision analysis applications and behavioral decision analysis researchIntegrated coverage of the techniques of single- and multiple-objective decision analysisMultiple qualitative and quantitative techniques presented for each key decision analysis taskThree substantive real-world case studies illustrating diverse strategies for dealing with the challenges of decision makingExtensive references for mathematical proofs and advanced topicsThe Handbook of Decision Analysis is an essential reference for academics and practitioners in various fields including business, operations research, engineering, and science. The book also serves as a supplement for courses at the upper-undergraduate and graduate levels.