OPERATIONS RESEARCH, THIRD EDITION


Book Description

The third edition of this well-organized and comprehensive text continues to provide an in-depth coverage of the theory and applications of operations research. It emphasizes the role of operations research not only as an effective decision-making tool, but also as an essential productivity improvement tool to deal with real-world management problems. In the growing field of analytics, this text serves to have thorough understanding of the Operations Models that form constituents of the model base, which is a component of Decision Support System. This edition includes new carefully designed numerical examples that help in understanding complex mathematical concepts better. The book is an easy read, explaining the basics of operations research and discussing various optimization techniques such as • Overview of operations research • Queuing theory • Linear programming • Project management • Transportation problem • Decision theory • Assignment problem • Game theory • Network techniques • Production scheduling • Integer programming • Goal programming • Inventory control • Parametric linear programming • Dynamic programming • Nonlinear programming NEW TO THIS EDITION • Inclusion of more mathematical models in Chapter 2. • Incorporation of case studies in all the chapters to test the understanding, analysis, and provision solution for implementation of the concerned Operation Research techniques. • Introduction of a topic on ABC analysis in Chapter 7. • Access to Multiple Choice Questions with keys for each of the chapters as online resource materials. Visit: https://www.phindia.com/Operations_research_panneerselvam This book, with numerous pedagogical features, would be eminently suitable as a text for students of engineering, B.E/B.Tech (in specific mechanical, production, and industrial engineering), mathematics, statistics, and postgraduate students of management (MBA), industrial engineering and production engineering, data analytics, commerce, and computer applications (MCA).




Engineering Economics of Life Cycle Cost Analysis


Book Description

The rise of the information age and the digital economy has dramatically changed engineering and other technology-driven fields. With tremendous advances in computing and communication systems, major organizational upheavals, all fueled by complexity, globalization, short cycle times, and lean supply chains, the functions of engineers have significantly changed. Engineers and similar professionals must be technically savvy and have product management and costing skills all while working in a distributed and often unstable environment. This new-edition textbook is updated to cover the integration of cost, risk, value, scheduling, and informationtechnologies going beyond basic engineering economics. Engineering Economics of Life Cycle Cost Analysis, Second Edition, offers a systems and life cycle or total ownership cost perspective. It presents advanced costing techniques such as simulation-based costing, decision and risk analysis, complex systemscosting, software, big data, and cloud computing estimation. Examples and problems demonstrating these techniques with real-world applications are also included. All engineers and similar professionals will find this book useful, but it is mainly written for systems engineers, engineering managers, program/product managers, and industrial engineers. The text can serve as a professional reference or for use with graduate courses on advanced engineering economic analysis and cost management, and financial analysis for engineers.




Construction Management


Book Description

The construction professional has to be a “jack of all trades, and master of all.” This text covers a wide range of subjects, reflecting the breadth of knowledge needed to understand the dynamics of this large and complex industry. This edition introduces extended coverage in the scheduling area to address more advanced and practice oriented procedures such as Start to Start, Finish to Finish, and similar relationship between activities in a network schedule.




Military Cost-Benefit Analysis


Book Description

This is the first comprehensive book on Military Cost-Benefit Analysis and provides novel approaches to structuring cost-benefit and affordability analysis amidst an uncertain defense environment and cloudy fiscal prospects. Lifting the veil on military Cost-Benefit Analysis, this volume offers several new practical tools designed to guide defense investments (and divestments), combined with a selection of real-world applications. The widespread employment of Cost-Benefit Analysis offers a unique opportunity to transform legacy defense forces into efficient, effective, and accountable 21st century organizations. A synthesis of economics, statistics and decision theory, CBA is currently used in a wide range of defense applications in countries around the world: i) to shape national security strategy, ii) to set acquisition policy, and iii) to inform critical investments in people, equipment, infrastructure, services and supplies. As sovereign debt challenges squeeze national budgets, and emerging threats disrupt traditional notions of security, this volume offers valuable tools to navigate the political landscape, meet calls for fiscal accountability, and boost the effectiveness of defense investments to help guarantee future peace and stability. A valuable resource for scholars, practitioners, novices and experts, this book offers a comprehensive overview of Military Cost-Benefit Analysis and will appeal to anyone interested or involved in improving national security, and will also be of general interest to those responsible for major government programs, projects or policies.




Analyzing Risk through Probabilistic Modeling in Operations Research


Book Description

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.







Project Management in Manufacturing and High Technology Operations


Book Description

Project management is a system originally developed within the construction industry for controlling schedules, costs, and specifications of large multitask projects. In recent years, manufacturers have discovered that project management's time-tested techniques dovetail neatly with the current thinking on quality control and management in a highly competitive global marketplace. The system has been increasingly recognized for its suitability in the manufacturing process and is now applied in virtually every area of production. One of the foremost proponents of this trend is Adedeji Badiru, an internationally recognized authority on project management, whose books have helped thousands of companies adapt the system to their particular needs. This completely revised Second Edition of Badiru's breakthrough publication, Project Management in Manufacturing and High Technology Operations, focuses on the dramatic increase in the use of high-tech machinery in industrial operations, and seamlessly integrates high-tech themes into a general discussion of project management. An introductory chapter on manufacturing analysis investigates how the latest concepts and techniques of project management are applied to manufacturing. The main body of the book offers a wealth of new material, including discussions of learning curve analysis, basic models for forecasting and inventory control, economic analysis of manufacturing, techniques for data analysis, and the application of expert systems. The chapter on computer applications in project management is completely revised and updated to reflect the enormous strides taken in this area in recent years. This book presents an up-to-date, practical approach to project management in manufacturing. Written by a pioneer in the application of project management to the manufacturing industries, this revised and expanded Second Edition of Project Management in Manufacturing and High Technology Operations reflects the increased use of high-tech machinery in industrial operations and the trends of recent years to apply project management methods to every phase of production. Complete with numerous illustrations, as well as exercises to wrap up each chapter, this Second Edition features: An emphasis on practical examples, including many new case studies, and a full chapter on the lessons learned from the space shuttle Challenger disaster Many new project management concepts and techniques that focus on manufacturing but can be applied to any project A new chapter on manufacturing systems analysis that provides the backdrop for the project analysis that takes place throughout the book Expanded discussions of the latest quantitative and managerial approaches, including learning curve analysis, basic models for forecasting and inventory control, economic analysis of manufacturing, techniques for data analysis, and the application of expert systems A strong international perspective, useful for multinational companies and for academic purposes This book equips engineers and managers with the tools to effectively manage all aspects of a project, including quality control, schedules, and expenses. Used as a text in engineering or business courses, it offers absorbing supplemental reading for students at the upper undergraduate and graduate levels. Professor Badiru has been widely praised for his incisive and highly relevant case studies. In this Second Edition, the case-study approach is expanded so that chapters typically include two real-world examples of the project management techniques or issues in question. In the final chapter, Badiru takes a close and painful look at a high-tech disaster, the explosion of the space shuttle Challenger. He offers rare and instructive insight into the devastating failure of a high-tech project—still poignant, despite the passage of time. Communicative throughout, this volume provides a solid, up-to-date reference for engineers and managers in manufacturing, as well as for consultants and administrators in related fields. Professor Badiru's proven reputation for providing interesting lecture material also makes Project Management in Manufacturing and High Technology Operations especially useful as a technology management text in both engineering and business schools. Cover Design/Illustration: David Levy




DATABASE MANAGEMENT SYSTEMS


Book Description

Primarily designed for the postgraduate students of computer science, information technology, software engineering and management, this book, now in its Third Edition, continues to provide an excellent coverage of the basic concepts involved in database management systems. It provides a thorough treatment of some important topics such as data structure, data models and database design through presentation of well-defined algorithms, examples and real-life cases. A detailed coverage of Database Structure, Implementation Design, Hierarchical Database Management Systems, Network Database Management Systems and Relational Database Management Systems, is also focused in this book. This book will also be useful for B.E./B.Tech. students of Computer Science and Engineering and Software Engineering. NEW TO THIS EDITION • Introduces three new chapters on rational database languages, namely, Relational Database Management Systems: Oracle 11g SQL, Relational Database Management Systems: Oracle 11g PL/SQL, and Relational Database Management Systems: Access 2013. • Text interspersed with numerous screenshots for practical under-standing of the text. • Clearly explained procedures in a step-by-step manner with chapter-end questions. • Self-explanatory, labelled figures and tables to conceptual discussion.