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Probability and Stochastic Modeling not only covers all the topics found in a traditional introductory probability course, but also emphasizes stochastic modeling, including Markov chains, birth-death processes, and reliability models. Unlike most undergraduate-level probability texts, the book also focuses on increasingly important areas, such as martingales, classification of dependency structures, and risk evaluation. Numerous examples, exercises, and models using real-world data demonstrate...

Reporting on cutting-edge research in production, distribution, and transportation, The Supply Chain in Manufacturing, Distribution, and Transportation: Modeling, Optimization, and Applications provides the understanding needed to tackle key problems within the supply chain. Viewing the supply chain as an integrated process with regard to tactical

This book provides insights into contemporary issues and challenges in Multi-Criteria decision Models. It is a useful guide for identifying, understanding and categorizing Multi-Criteria Decision Models, and ultimately implementing the analysis for effective decision-making. The use of Multi-Criteria Decision Models in software reliability engineering is a relatively new field of study, and this book collects all the latest methodologies, tools, and techniques in one single volume. It covers mo...

A full discussion of the engineering involved in the construction of reverse osmosis desalination plants including basic concepts, raw water requirements, materials needs, pressure vessels and racks, reverse osmosis pumps, recovery systems, and more.

An easy-to-follow contemporary engineering economics text that helps making sound economic decisions without advanced mathematics. This one-semester introduction to the fundamentals of engineering economics provides an overview of the basic theory and mathematics underlying operational business decisions that engineering technology, engineering, and industrial technology students will face in the workplace. A basic knowledge of economics empowers a manager to balance costs with production. T...

In recent years, there has been a considerable amount of effort, both in industry and academia, focusing on the design, implementation, performance analysis, evaluation and prediction of silicon photonic interconnects for inter- and intra-chip communication, paving the way for the design and dimensioning of the next and future generation of high-performance computing systems. Photonic Interconnects for Computing Systems provides a comprehensive overview of the current state-of-the-art technology...

The Student Solutions Manual contains solutions to selected problems in the book.

Game theory has been applied to a growing list of practical problems, from antitrust analysis to monetary policy; from the design of auction institutions to the structuring of incentives within firms; from patent races to dispute resolution. The purpose of Game Theory and Business Applications is to show how game theory can be used to model and analyze business decisions. The contents of this revised edition contain a wide variety of business functions – from accounting to operations, from marke...

Written by international contributors, Learning Curves: Theory, Models, and Applications first draws a learning map that shows where learning is involved within organizations, then examines how it can be sustained, perfected, and accelerated. The book reviews empirical findings in the literature in terms of different sources for learning and partia

Improve Your Operations Through Plant Auditing The word audit brings discomfort to many mine managers and owners. Images of government officials poring over every decimal point, looking for "gotchas" with serious consequences, naturally rise to the surface. But this book shows you how to turn the audit into something positive, desirable, and profitable. When you hire the right audit team and put its recommendations into practice, you can lower costs, increase revenues, and boost profits. In so...

Comprehensive survey of statistical tools and methods in a student friendly step-by-step format. Concepts presented clearly and succinctly and then illustrated with solved examples. Supporting pedagogy reinforces concepts. Text is the best seller in this market

Flight disruptions continue to thrive unnoticed, invisibly eroding airline profitability and causing growing passenger dissatisfaction. This is especially critical at airports where traffic expansion outstrips airport capacities. Hampered by legacy information systems, management practices and organisational detachments, decision makers across the industry have little or no understanding of the multiple causes of disruptions and their implications. Consequently, their actions are focused on reso...

This era of science and engineering has attracted researchers tasked with evaluating performance and optimization of problems in the field of operations research. The book covers mathematical analysis, methods and applications involving processes such as system performance, optimization, inventory theory, reliability theory, and queueing theory. Operations Research: Methods, Techniques, and Advancements explores recent and innovative methods and advancements associated with the mathematical th...

Testing and Measurement: Techniques and Applications is divided into 6 sections: Microwave, Ultrasonic and Acoustic Measurement and Application; Material Performance and Measuring and Testing Technique; Laser, Optics Fiber and Sensor; Industrial Autoimmunization and Measurement; Artificial Intelligence and Application; and Image, Signal and Information Processing, and presents a broad and deep understanding of recent achievements and future trends of testing and measuring technology.

Switching processes, invented by the author in 1977, is the main tool used in the investigation of traffic problems from automotive to telecommunications. The title provides a new approach to low traffic problems based on the analysis of flows of rare events and queuing models. In the case of fast switching, averaging principle and diffusion approximation results are proved and applied to the investigation of transient phenomena for wide classes of overloading queuing networks. The book is devo...

Basic approaches to discrete simulation have been process simulation languages (e.g., GPSS) and event-scheduling type (e.g., SIMSCRIPT). The trade-offs are that event-scheduling languages offer more modeling flexibility and process-oriented languages are more intuitive to the user. With these considerations in mind, authors David Elizandro and Hamd

"The Handbook of Metaheuristics" provides both the research and practitioner communities with a comprehensive coverage of the metaheuristic methodologies that have proven to be successful in a wide variety of real-world problem settings. Moreover, it is these metaheuristic strategies that hold particular promise for success in the future. The various chapters serve as stand alone presentations giving both the necessary background underpinnings as well as practical guides for implementation. In m...

As logistics operations and supply chain management play a vital role in smooth, timely connections and business activities, continued advancements made in these processes are essential. Technological Solutions for Modern Logistics and Supply Chain Management highlights theories and technological growth in applied research as well as advances in logistics, supply chains, and industry experiences. Aiming to enhance the expansions made towards an efficient and sustainable economy, this book is e...

Strategic success of industry depends upon manufacturing competencies (i.e., the competitive advantage to ensure better quality and reliability), which will increase sales and create a sound customer base. Competitive priorities are the operating advantages that are assessed, evaluated, and measured within the parameters of cost, quality, time, design, and flexibility. The book explains the manufacturing competencies upon which the strategic success of the automobile industry depends. The impact...

While typically many approaches have been mainly mathematics focused, graph theory has become a tool used by scientists, researchers, and engineers in using modeling techniques to solve real-world problems. Graph Theory for Operations Research and Management: Applications in Industrial Engineering presents traditional and contemporary applications of graph theory in the areas of industrial engineering, management science, and applied operations research. This comprehensive collection of resear...

This book presents the principal concepts of operations research (OR), the tools for the planning support and the management of various types of networks. The term "network" is meant to include physical networks, for instance road and rail networks, as well as logical networks that are used in the planning of complex projects. In this case, the vertices of the network correspond to activities and the connections describe temporal relations. "Operational Research and Networks" analyzes real probl...