Asset Analytics

Theory and Applications

By: B. Vipin (Editor), Ganesh Janakiraman (Editor), Deepu Philip (Editor), C. Rajendran (Editor)

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Hardcover | 17 September 2021

At a Glance

Hardcover
288 Pages

Dimensions(cm)
23.5 x 15.5

Hardcover

$259.75

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This edited book addresses the challenges in managing the operations and supply chain of organizations in the era of internet of things and Industry 4.0. It presents cutting edge research on real world operations related problems, in-depth analyses, and relevant managerial implications. Wide variety of solution approaches such as quantitative, quantitative, and simulations are presented in the context of managing the operations and supply chains. Consisting of selected papers from the XXIII Annual International Conference of Society of Operations Management, this volume is part of a two volume series with the other book consisting of chapters on quantitative decision making.

The book is a perfect blend of the theoretical research in the core and emerging areas of operations and their applications in the real world in different domains such as health care operations, airline operations, cold chains, food supply chain, retail operations, and manufacturing and service systems. The research paradigm covered in this book ranges from the traditional operations aspects such as scheduling, production planning, logistics, inventory management, and queueing theory to the recent advancements in research such as game theoretic analysis of healthcare operations, contract design in vaccine supply chain management, forecasting in the airline revenue management, analytics in operations and supply chain management, and the interdisciplinary areas such as the financial concerns in operations decisions, behavioural aspects in operations management, and the marketing influence in the operations aspects. The chapters cover various the quantitative models on operations and supply chain management such as inventory optimization, machine learning in operations, game theoretic analysis of managing the queues, design of contracts in supply chains, designing the network for food supply chain. Non-linear optimization techniques for unconstrained and constrained scenarios, mixed integer linear programming models, and Shapley value, nucleolus and Nash equilibrium based solution concepts, heuristics, and metaheuristics are some of the techniques employed rigorously in the solution methods.

The book throws light on the emerging trends in the use of analytics tools, internet of things and block chain technology to improve the performance of operations and supply chain of organizations. It will serve as an essential resource for practitioners, students, faculty members and scholars in operations management and related areas to gain knowledge and pursue high quality research on developments in areas such as managing the resource management and the solution methodology---innovative tools employed in addressing the real world problems and the different optimization techniques.

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