Model Building in Mathematical Programming

Author: H. Paul Williams
Publisher: John Wiley & Sons
ISBN: 1118506189
Category : Business & Economics
Languages : en
Pages : 432

Book Description
The 5th edition of Model Building in Mathematical Programmingdiscusses the general principles of model building in mathematicalprogramming and demonstrates how they can be applied by usingseveral simplified but practical problems from widely differentcontexts. Suggested formulations and solutions are given togetherwith some computational experience to give the reader a feel forthe computational difficulty of solving that particular type ofmodel. Furthermore, this book illustrates the scope and limitationsof mathematical programming, and shows how it can be applied toreal situations. By emphasizing the importance of the building andinterpreting of models rather than the solution process, the authorattempts to fill a gap left by the many works which concentrate onthe algorithmic side of the subject. In this article, H.P. Williams explains his originalmotivation and objectives in writing the book, how it has beenmodified and updated over the years, what is new in this editionand why it has maintained its relevance and popularity over theyears: ahref="http://www.statisticsviews.com/details/feature/4566481/Model-Building-in-Mathematical-Programming-published-in-fifth-edition.html"http://www.statisticsviews.com/details/feature/4566481/Model-Building-in-Mathematical-Programming-published-in-fifth-edition.html/a

Model Building in Mathematical Programming

Author: H. P. Williams
Publisher: John Wiley & Sons
ISBN:
Category : Business & Economics
Languages : en
Pages : 376

Book Description
This extensively revised and updated edition discusses the general principles of model building in mathematical programming and shows how they can be applied by using twenty simplified, but practical problems from widely different contexts. Suggested formulations and solutions are given in the latter part of the book, together with some computational experience to give the reader some feel for the computational difficulty of solving that particular type of model.

Model Building in Mathematical Programming

Author: H. Paul Williams
Publisher: Milton, Australia : Jacaranda Press ; Oxford : B. Blackwell ; Toronto : J. Wiley
ISBN:
Category : Business & Economics
Languages : en
Pages : 376

Book Description
Review of previous editions 'Such a text - and this is the only one of this type I know of - should be the basis of all instruction in Mathematical Programming.' Journal of the Royal Statistical Society 'An excellent introduction ... for students of business administration and people who want to see the utility of operations research.' European Journal of Operational Research 'It will be appreciated very much by practitioners who already have knowledge in the field of mathematical programming.' Mathematical Programming Society Newsletter Model Building in Mathematical Programming Fourth Edition H. Paul Williams Faculty of Mathematical Studies, University of Southampton, UK This extensively revised fourth edition of this well-known and much praised book contains a great deal of new material. In particular sections and new problems have been added covering Revenue Management. Hydro Electric Generation, Date Envelopment (efficiency) Analysis, Milk Distribution and Collection and Constraint Programming. The book discusses the general principles of model building in mathematical programming and shows how they can be applied by using simplified but practical problems from widely different contexts. Suggested formulations and solutions are given in the latter part of the book together with computational experience to give the reader a feel for the computation difficulty of solving that particular type of model. Aimed at undergraduates, postgraduates, research students and managers, this book illustrates the scope and limitations of mathematical programming, and shows how it can be applied to real situations. By emphasizing the importance of the building and interpretation of models rather than the solution process, the author attempts to fill a gap left by the many works which concentrate on the algorithmic side of the subject.

Applied Mathematical Programming

Author: Stephen P. Bradley
Publisher: Addison Wesley Publishing Company
ISBN:
Category : Mathematics
Languages : en
Pages : 748

Book Description
Mathematical programming: an overview; solving linear programs; sensitivity analysis; duality in linear programming; mathematical programming in practice; integration of strategic and tactical planning in the aluminum industry; planning the mission and composition of the U.S. merchant Marine fleet; network models; integer programming; design of a naval tender job shop; dynamic programming; large-scale systems; nonlinear programming; a system for bank portfolio planning; vectors and matrices; linear programming in matrix form; a labeling algorithm for the maximun-flow network problem.

Practical Time Series Analysis

Author: Aileen Nielsen
Publisher: O'Reilly Media
ISBN: 1492041629
Category : Computers
Languages : en
Pages : 500

Book Description
Time series data analysis is increasingly important due to the massive production of such data through the internet of things, the digitalization of healthcare, and the rise of smart cities. As continuous monitoring and data collection become more common, the need for competent time series analysis with both statistical and machine learning techniques will increase. Covering innovations in time series data analysis and use cases from the real world, this practical guide will help you solve the most common data engineering and analysis challengesin time series, using both traditional statistical and modern machine learning techniques. Author Aileen Nielsen offers an accessible, well-rounded introduction to time series in both R and Python that will have data scientists, software engineers, and researchers up and running quickly. You’ll get the guidance you need to confidently: Find and wrangle time series data Undertake exploratory time series data analysis Store temporal data Simulate time series data Generate and select features for a time series Measure error Forecast and classify time series with machine or deep learning Evaluate accuracy and performance

Integer Programming

Author: Laurence A. Wolsey
Publisher: John Wiley & Sons
ISBN: 1119606535
Category : Mathematics
Languages : en
Pages : 336

Book Description
A PRACTICAL GUIDE TO OPTIMIZATION PROBLEMS WITH DISCRETE OR INTEGER VARIABLES, REVISED AND UPDATED The revised second edition of Integer Programming explains in clear and simple terms how to construct custom-made algorithms or use existing commercial software to obtain optimal or near-optimal solutions for a variety of real-world problems. The second edition also includes information on the remarkable progress in the development of mixed integer programming solvers in the 22 years since the first edition of the book appeared. The updated text includes information on the most recent developments in the field such as the much improved preprocessing/presolving and the many new ideas for primal heuristics included in the solvers. The result has been a speed-up of several orders of magnitude. The other major change reflected in the text is the widespread use of decomposition algorithms, in particular column generation (branch-(cut)-and-price) and Benders’ decomposition. The revised second edition: Contains new developments on column generation Offers a new chapter on Benders’ algorithm Includes expanded information on preprocessing, heuristics, and branch-and-cut Presents several basic and extended formulations, for example for fixed cost network flows Also touches on and briefly introduces topics such as non-bipartite matching, the complexity of extended formulations or a good linear program for the implementation of lift-and-project Written for students of integer/mathematical programming in operations research, mathematics, engineering, or computer science, Integer Programming offers an updated edition of the basic text that reflects the most recent developments in the field.

Optimization Modeling with Spreadsheets

Author: Kenneth R. Baker
Publisher: John Wiley & Sons
ISBN: 1118008979
Category : Business & Economics
Languages : en
Pages : 431

Book Description
Reflects the latest applied research and features state-of-the-art software for building and solving spreadsheet optimization models Thoroughly updated to reflect the latest topical and technical advances in the field, Optimization Modeling with Spreadsheets, Second Edition continues to focus on solving real-world optimization problems through the creation of mathematical models and the use of spreadsheets to represent and analyze those models. Developed and extensively classroom-tested by the author, the book features a systematic approach that equips readers with the skills to apply optimization tools effectively without the need to rely on specialized algorithms. This new edition uses the powerful software package Risk Solver Platform (RSP) for optimization, including its Evolutionary Solver, which employs many recently developed ideas for heuristic programming. The author provides expanded coverage of integer programming and discusses linear and nonlinear programming using a systematic approach that emphasizes the use of spreadsheet-based optimization tools. The Second Edition also features: Classifications for the various problem types, providing the reader with a broad framework for building and recognizing optimization models Network models that allow for a more general form of mass balance A systematic introduction to Data Envelopment Analysis (DEA) The identification of qualitative patterns in order to meaningfully interpret linear programming solutions An introduction to stochastic programming and the use of RSP to solve problems of this type Additional examples, exercises, and cases have been included throughout, allowing readers to test their comprehension of the material. In addition, a related website features Microsoft Office® Excel files to accompany the figures and data sets in the book. With its accessible and comprehensive presentation, Optimization Modeling with Spreadsheets, Second Edition is an excellent book for courses on deterministic models, optimization, and spreadsheet modeling at the upper-undergraduate and graduate levels. The book can also serve as a reference for researchers, practitioners, and consultants working in business, engineering, operations research, and management science.

An Introduction to Mathematical Modeling

Author: Edward A. Bender
Publisher: Courier Corporation
ISBN: 0486137120
Category : Mathematics
Languages : en
Pages : 273

Book Description
Employing a practical, "learn by doing" approach, this first-rate text fosters the development of the skills beyond the pure mathematics needed to set up and manipulate mathematical models. The author draws on a diversity of fields — including science, engineering, and operations research — to provide over 100 reality-based examples. Students learn from the examples by applying mathematical methods to formulate, analyze, and criticize models. Extensive documentation, consisting of over 150 references, supplements the models, encouraging further research on models of particular interest. The lively and accessible text requires only minimal scientific background. Designed for senior college or beginning graduate-level students, it assumes only elementary calculus and basic probability theory for the first part, and ordinary differential equations and continuous probability for the second section. All problems require students to study and create models, encouraging their active participation rather than a mechanical approach. Beyond the classroom, this volume will prove interesting and rewarding to anyone concerned with the development of mathematical models or the application of modeling to problem solving in a wide array of applications.

An Introduction to Linear Programming and Game Theory

Author: Paul R. Thie
Publisher: John Wiley & Sons
ISBN: 1118165454
Category : Mathematics
Languages : en
Pages : 476

Book Description
Praise for the Second Edition: "This is quite a well-done book: very tightly organized, better-than-average exposition, and numerous examples, illustrations, and applications." —Mathematical Reviews of the American Mathematical Society An Introduction to Linear Programming and Game Theory, Third Edition presents a rigorous, yet accessible, introduction to the theoretical concepts and computational techniques of linear programming and game theory. Now with more extensive modeling exercises and detailed integer programming examples, this book uniquely illustrates how mathematics can be used in real-world applications in the social, life, and managerial sciences, providing readers with the opportunity to develop and apply their analytical abilities when solving realistic problems. This Third Edition addresses various new topics and improvements in the field of mathematical programming, and it also presents two software programs, LP Assistant and the Solver add-in for Microsoft Office Excel, for solving linear programming problems. LP Assistant, developed by coauthor Gerard Keough, allows readers to perform the basic steps of the algorithms provided in the book and is freely available via the book's related Web site. The use of the sensitivity analysis report and integer programming algorithm from the Solver add-in for Microsoft Office Excel is introduced so readers can solve the book's linear and integer programming problems. A detailed appendix contains instructions for the use of both applications. Additional features of the Third Edition include: A discussion of sensitivity analysis for the two-variable problem, along with new examples demonstrating integer programming, non-linear programming, and make vs. buy models Revised proofs and a discussion on the relevance and solution of the dual problem A section on developing an example in Data Envelopment Analysis An outline of the proof of John Nash's theorem on the existence of equilibrium strategy pairs for non-cooperative, non-zero-sum games Providing a complete mathematical development of all presented concepts and examples, Introduction to Linear Programming and Game Theory, Third Edition is an ideal text for linear programming and mathematical modeling courses at the upper-undergraduate and graduate levels. It also serves as a valuable reference for professionals who use game theory in business, economics, and management science.

Decision Modelling and Information Systems

Author: Nikitas-Spiros Koutsoukis
Publisher: Springer Science & Business Media
ISBN: 1461505054
Category : Business & Economics
Languages : en
Pages : 368

Book Description
In Decision Modelling And Information Systems: The Information Value Chain the authors explain the interrelationships between the decision support, decision modelling, and information systems. The first two parts of the book focus on the interdisciplinary decision support framework, in which mathematical programming (optimization) is taken as the inference engine. The role of business analytics and its relationship with recent developments in organisational theory, decision modelling, information systems and information technology are considered in depth. Part three of the book includes a carefully chosen selection of invited contributions from internationally-known researchers. These contributions are thought-provoking and cover key decision modelling and information systems issues. The final part of the book covers contemporary developments in the related area of business intelligence considered within an organizational context. The topics cover computing delivered across the web, management decision-making, and socio-economic challenges that lie ahead. It is now well accepted that globalisation and the impact of digital economy are profound; and the role of e-business and the delivery of decision models (business analytics) across the net lead to a challenging business environment. In this dynamic setting, decision support is one of the few interdisciplinary frameworks that can be rapidly adopted and deployed to so that businesses can survive and prosper by meeting these new challenges.