Probabilistic Models In Operations Research

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Probabilistic Models In Operations Research

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Author : Silviu Guiasu
language : en
Publisher:
Release Date : 2009

Probabilistic Models In Operations Research written by Silviu Guiasu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Operations research categories.

Operations Research, often abbreviated as OR, is a relatively new branch of Applied Mathematics. Its aim is to optimise mathematical models of reality involving probabilistic uncertainty and its results are applied to real life problems. The aim of this book is to cover, in a condensed but rigorous way, the main chapter of the OR probablisitc models based on optimisation. The topics are taken from Game Theory, Decision Theory, Simulation, Reliability, and Queueing Theory. Game Theory deals with how to find the best winning strategies in a confrontation between two players with opposite interest and how to evaluate the value of different possible coalitions in a game involving more than two players. In Decision Theory the main objective is to find the optimum actions of the decision maker for minimising his loss when he has limited information available and faces uncertainty about the future possible events. Simulation is a powerful instrument for obtaining representative examples, of any length, from probability distributions of interest and for approximating multiple definite integrals and the solutions of linear and non-linear equations and programs. In the chapter dealing with Reliability, the main problem is how to evaluate the probability that a system functions properly, or is still alive, during an arbitrary time interval. Finally, Queuing Theory deals with how to assess what may happen in a complex system where the customers arrive randomly, wait in line, and later are served. A main concept is the waiting time in the queuing system, waiting to be served and being served. In each chapter, some representative examples and the mathematical formalism are discussed first, eventually followed by the comments on ramifications, generalisations and applications of the basic results. Computer tips and programs are inserted in each chapter. The text is based on lectures delivered for more than twenty-five years in the Department of Mathematics and Statistics at York University in Toronto. The book is rather a monograph an the probablistic modes in Operations Research which could also be used as a text book in a more advanced OR course. The book is self-contained, compact, and accessible to mathematicians, economists, system analysts, decision makers, and people dealing with computer assisted modelling. It contains also new original topics and proofs not covered in the standard OR textbooks. The chapters are kept to be as independent as possible.

Probability Models In Operations Research

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Author : C. Richard Cassady
language : en
Publisher: CRC Press
Release Date : 2008-08-05

Probability Models In Operations Research written by C. Richard Cassady and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-08-05 with Business & Economics categories.

Industrial engineering has expanded from its origins in manufacturing to transportation, health care, logistics, services, and more. A common denominator among all these industries, and one of the biggest challenges facing decision-makers, is the unpredictability of systems. Probability Models in Operations Research provides a comprehensive

Analyzing Risk Through Probabilistic Modeling In Operations Research

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Author : Jakóbczak, Dariusz Jacek
language : en
Publisher: IGI Global
Release Date : 2015-11-03

Analyzing Risk Through Probabilistic Modeling In Operations Research written by Jakóbczak, Dariusz Jacek and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-11-03 with Business & Economics categories.

Probabilistic modeling represents a subject spanning many branches of mathematics, economics, and computer science to connect pure mathematics with applied sciences. Operational research also relies on this connection to enable the improvement of business functions and decision making. Analyzing Risk through Probabilistic Modeling in Operations Research is an authoritative reference publication discussing the various challenges in management and decision science. Featuring exhaustive coverage on a range of topics within operational research including, but not limited to, decision analysis, data mining, process modeling, probabilistic interpolation and extrapolation, and optimization methods, this book is an essential reference source for decision makers, academicians, researchers, advanced-level students, technology developers, and government officials interested in the implementation of probabilistic modeling in various business applications.

Programming And Probability Models In Operations Research

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Author : Donald P. Gaver
language : en
Publisher:
Release Date : 1973

Programming And Probability Models In Operations Research written by Donald P. Gaver and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with Business & Economics categories.

Probabilistic Models In The Design And Operation Of A Multi Purpose Reservoir System

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Author : Subramani Arunkumar
language : en
Publisher:
Release Date : 1973

Probabilistic Models In The Design And Operation Of A Multi Purpose Reservoir System written by Subramani Arunkumar and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with Reservoirs categories.

Probabilistic Models For Library Operations With Some Comments On Library Automation

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Author : Philip McCord Morse
language : en
Publisher:
Release Date : 1963

Probabilistic Models For Library Operations With Some Comments On Library Automation written by Philip McCord Morse and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1963 with Libraries categories.

Introduction To Operations Research Probabilistic Models 15 Markov Chains 16 Queueing Theory 17 The Application Of Queueing Theory 18 Inventory Theory 19 Forecasting 20 Markovian Decision Processes And Applications 21 Reliability 22 Decision Analysis 23 Simulation

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Author : Frederick S. Hillier
language : en
Publisher:
Release Date : 1990

Introduction To Operations Research Probabilistic Models 15 Markov Chains 16 Queueing Theory 17 The Application Of Queueing Theory 18 Inventory Theory 19 Forecasting 20 Markovian Decision Processes And Applications 21 Reliability 22 Decision Analysis 23 Simulation written by Frederick S. Hillier and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Operations research categories.

Probability Models In Operations Research Solutions Manual

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Author : C. Richard Cassady
language : en
Publisher:
Release Date : 2008-03-31

Probability Models In Operations Research Solutions Manual written by C. Richard Cassady and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-03-31 with categories.

An Introduction To Probabilistic Modeling

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Author : Pierre Brémaud
language : en
Publisher:
Release Date : 1988

An Introduction To Probabilistic Modeling written by Pierre Brémaud and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Probabilities categories.

"Introduction to the basic concepts of probability theory: independence, expectation, convergence in law and almost-sure convergence. Short expositions of more advanced topics such as Markov chains, stochastic processes, Bayesian decision theory and information theory"--Provided by publisher.

An Evaluation Of Analytical Techniques Of Engineering Economy

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Author : American Society for Engineering Education. Engineering Economy Division
language : en
Publisher:
Release Date : 1954

An Evaluation Of Analytical Techniques Of Engineering Economy written by American Society for Engineering Education. Engineering Economy Division and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1954 with Engineering categories.