Kategoria BISAC: Business & Economics >> Operations Research

This book offers a novel multi-portfolio approach and stochastic programming formulations for modeling and solving contemporary supply chain risk management problems. The focus of the book is on supply chain resilience under propagated disruptions, supply chain viability under severe crises, and supply chain cybersecurity under direct and indirect cyber risks. The content is illustrated with numerous computational examples, some of which are modeled on real-world supply chains subject to severe multi-regional or global crises, such as pandemics. In the computational examples, the proposed...

Control charts are widely used in industry to monitor processes that are far from Zero-Defect (ZD), and their use in a near Zero-Defect manufacturing environment poses many problems. This book presents techniques of using control charts for high-quality processes, and some recent findings and applications of statistical control chart techniques for ZD processes are presented.

A powerful technique based on counting of the cumulative conforming (CCC) items between two nonconforming ones is discussed in detail. Extensions of the CCC chart are described, as well as applications of...

Since their introduction in the 1960s containers represent the standard unit-load concept for international freight. Container terminals primarily serve as an interface between different modes of transportation, e.g. domestic rail or truck transportation and deep sea maritime transport. Significant gains in productivity can be achieved through advanced terminal layouts, more efficient IT-support and improved logistics control software systems, as well as automated transportation and handling equipment. The primary objective of this book is to reflect these challenges and to present new...

Since their introduction in the 1960s containers represent the standard unit-load concept for international freight. Container terminals primarily serve as an interface between different modes of transportation, e.g. domestic rail or truck transportation and deep sea maritime transport. Significant gains in productivity can be achieved through advanced terminal layouts, more efficient IT-support and improved logistics control software systems, as well as automated transportation and handling equipment. The primary objective of this book is to reflect these challenges and to present new...

Risk models are models of uncertainty, engineered for some purposes. They are "educated guesses and hypotheses" assessed and valued in terms of well-defined future states and their consequences. They are engineered to predict, to manage countable and accountable futures and to provide a frame of reference within which we may believe that "uncertainty is tamed." Quantitative-statistical tools are used to reconcile our information, experience and other knowledge with hypotheses that both serve as the foundation of risk models and also value and price risk. Risk models are therefore common to...

This fully updated third edition is devoted to the analysis of various Stochastic Dominance (SD) decision rules. It discusses the pros and cons of each of the alternate SD rules, the application of these rules to various research areas like statistics, agriculture, medicine, measuring income inequality and the poverty level in various countries, and of course, to investment decision-making under uncertainty. The book features changes and additions to the various chapters, and also includes two completely new chapters. One deals with asymptotic SD and the relation between FSD and the...

This book provides a systematic presentation of the major results in the field of the theory of k-out-of-n systems obtained in recent years and their applications for the reliability assessment of high-altitude unmanned platforms. Mathematical models, methods, and algorithms, presented in the book, will make a significant contribution to the development of reliability theory and the theoretical foundations of unmanned UAV-based aerial communications networks in the framework of the concept of creating the 5G and beyond networks. The book gives a description of new...

This book introduces the mathematical foundations of distributionally robust optimization (DRO) for decision-making problems with ambiguous uncertainties and applies them to tackle the critical challenge of energy storage sizing in renewable-integrated power systems, providing readers with an efficient and reliable approach to analyze and design real-world energy systems with uncertainties.

Covering a diverse range of topics, this book starts by exploring the necessity for energy storage in evolving power systems and examining the benefits of employing...

Praise for the First Edition
This book is refreshing to read since it takes an important topic...
and presents it in a clear and concise manner by using examples that include visual presentations of the problem, solution methods, and results along with an explanation of the mathematical and procedural steps required to model the problem and work through to a solution." --Journal of Classification

Thoroughly updated and revised, Network and Discrete Location: Models, Algorithms, and...