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OPERATIONS RESEARCH, THIRD EDITION

OPERATIONS RESEARCH, THIRD EDITION
Author: PANNEERSELVAM, R.
Publisher: PHI Learning Pvt. Ltd.
Total Pages: 642
Release: 2023-05-01
Genre: Business & Economics
ISBN: 9354438296

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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

Engineering Economics of Life Cycle Cost Analysis
Author: John Vail Farr
Publisher: CRC Press
Total Pages: 413
Release: 2023-06-30
Genre: Technology & Engineering
ISBN: 1000894843

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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.


A Comprehensive Guide to Project Management Schedule and Cost Control

A Comprehensive Guide to Project Management Schedule and Cost Control
Author: Randal Wilson
Publisher: Pearson Education
Total Pages: 288
Release: 2014
Genre: Business & Economics
ISBN: 0133572943

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This is the most complete guide to all the principles and techniques you need to successfully schedule projects and control their costs. Not a broad project management guide, it offers focused coverage of every essential aspect of scheduling and cost control -- including key issues ignored by typical PM guides. Expert project manager and long-time instructor Randal Wilson makes scheduling and cost control intuitive through the extensive use of graphs, charts, and case studies, and provides all the formulas and worked examples you need to succeed. Writing for both newcomers and working project managers, Wilson covers all this, and more: Project structures, including differences between projects and programs, and how those differences affect costing and scheduling Initiation: how projects start, how to develop project charters and stakeholder registers, and how to manage stakeholders Planning, in depth: what costs must be addressed, and what schedule constraints must be considered Project schedule analysis: activity definition, WBS, and work packages; activity sequencing and diagramming; proven methodologies for estimating resources and activity durations; and schedule development Project cost analysis: gathering and estimating all project costs, including labor, materials, vendor bids, subcontractors, contracts, equipment, facilities, and direct/indirect costs. Budgeting via top-down, bottom-up, and activity-based methods Project monitoring and control: earned value, tracking Gantt, S-Curves, performance reviews, milestone analysis, change control systems, estimate at completion, forecasting, and much more.


Construction Management

Construction Management
Author: Daniel W. Halpin
Publisher: John Wiley & Sons
Total Pages: 494
Release: 2010-10-18
Genre: Technology & Engineering
ISBN: 0470447230

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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.


Strategic Cost Analysis

Strategic Cost Analysis
Author: Robert C. Creese
Publisher:
Total Pages: 200
Release: 2011
Genre: Electronic books
ISBN: 9781781830437

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Cost and Value Management in Projects

Cost and Value Management in Projects
Author: Ray R. Venkataraman
Publisher: John Wiley & Sons
Total Pages: 405
Release: 2023-03-03
Genre: Business & Economics
ISBN: 1119933560

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Cost and Value Management in Projects Project manager's guide to achieving cost efficiency and value optimization—thoroughly updated with new cases, examples, and problem sets The newly revised and updated Second Edition of Cost and Value Management in Projects provides project managers with a thorough understanding of the various dimensions of cost and value in projects, along with the factors that impact them and the managerial approaches for achieving cost efficiency and value optimization. Whereas most cost management books discuss the topic from a tactical perspective, such as through the use of simple budgeting or Earned Value Analysis, this Second Edition addresses cost from a strategic perspective, examining project management decision areas that have the potential to enhance value and providing an integrated framework for managing cost. The Second Edition includes updates to key topic areas such as project benefits realization, updated end-of-chapter exercises such as discussion questions and problem sets, updated case studies, and new spreadsheet analytic techniques and examples. Written by two highly qualified authors with significant experience in the field, Cost and Value Management in Projects includes information on: Value management through value planning, engineering, and analysis from the perspective of projects, and best practices on how to avoid common pitfalls in managing cost and value Organization strategy and project selection, organization structure and culture, project definition (and contracts), and estimating project times and cost Developing project plans and schedules, managing risk, scheduling resources and cost, reducing project duration, leadership, performance measurement, and project closure Attainment of value in complex environmental settings and benefits of effective project management Cost and Value Management in Projects is an essential resource on the subject for stakeholders at all corporate and government levels, including executives measuring performance, middle level corporate managers, project and team managers, engineers, project team members, and business consultants, along with students in related programs of study.


Military Cost-Benefit Analysis

Military Cost-Benefit Analysis
Author: Francois Melese
Publisher: Routledge
Total Pages: 325
Release: 2015-03-27
Genre: Business & Economics
ISBN: 131753171X

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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

Analyzing Risk through Probabilistic Modeling in Operations Research
Author: Jakóbczak, Dariusz Jacek
Publisher: IGI Global
Total Pages: 466
Release: 2015-11-03
Genre: Business & Economics
ISBN: 1466694599

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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.