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The book covers a wide variety of applied operations research in a way not seen elsewhere. With an emphasis on model building, not theorem proving, the book starts with a review applied probability and contains material on geometrical probability not easily accessible elsewhere. Spatial as well as temporal Poisson processes are covered in depth. Then the applied probability is put to good use in a chapter devoted to queueing models. This is a stand-alone introduction to queueing theory that may be useful in a variety of courses, just as the geometrical probability segment has stand-alone value. The next chapter is a unique tour of spatial queues, combining geometrical probability concepts with models of queues from previous chapters. The core of the chapter is development of the Hypercube Queueing model, a model that -- 31 years after its original development -- remains the gold standard in modeling municipal emergency services such as police, emergency medical and fire departments. The homework problems at the end of this chapter are the most challenging in the book, many worthy of the most advanced doctoral students. The book then shifts slightly from primarily probabilistic models to a combination of probabilistic and deterministic models, focusing on transportation networks analysis. This graph-focused chapter develops rigorous results by intuitive visual arguments, not abstract algebraic theorem proving. It too is a stand-alone chapter, the longest and most comprehensive in the book. There follows a brief chapter on the theory and mechanics of Monte Carlo simulation. This is good material even for people who use packaged simulation software, as it focuses on fundamentals and issues to think about even when using packaged software. The book concludes with a unique chapter on implementation, based on the personal experiences of the authors and their students in attempting to implement the models, methods and philosophies of the book. ... Read more

Customer Reviews (3)

Good alternative to Sheffi's
This book is a good alternative to Sheffi's book, which is still the best and is only available online or used for outrageous amounts...

THIS BOOK IS AVAILABLE ONLINE, but i only like to read on paper.....

A masterpiece that is now available online!!!
This is a masterpiece - extraordinarily well-written and very clear. Indispensable collection of many results that are usually found scattered in many different texts nowadays.

You can access the entire text online at:
http://web.mit.edu/urban_or_book/www/book/index.html

Must have
A great book, a classic on Operations Research and queuing. A must have for anyone interested Queuing systems. ... Read more

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Focusing on the mannagement of patient flows and resources in and between healthcare organizations, this book will include both a theoretical framework and case studies for practical use by students. Addressing one of the key challenges associated with the healthcare industry, this textbook leads readers across geographical boundaries and through the logical steps taken in health operations management, and its development. ... Read more

Customer Reviews (2)

Oldies but goodies: One of the best inventory books
Here is another best book of Operations Research (OR) application with theory.Even though this book was published in 1974, it's quite comprehensive.The fundamental with extension are shown with example -as necessary.The title shows "production planning", "scheduling" and "inventory", but the contents are more on "inventory system". The fundamental of inventory system is the basic idea to apply further analysis of quantitative supply chain system. This book is a valuable resource for anyone who's interested in Inventory system, Production planning and OR application.

dyanmic inventory model
i want information about simulation of an inventory model. in this model amount demanded is change form priod of time to another period of time. at any period we have a new setup cost and a new holding cost . we want tofind the optimum amount and cost. ... Read more

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This comprehensive text gives an interesting and useful blend of the mathematical, probabilistic and statistical tools used in heavy-tail analysis. It is uniquely devoted to heavy-tails and emphasizes both probability modeling and statistical methods for fitting models.

Prerequisites for the reader include a prior course in stochastic processes and probability, some statistical background, some familiarity with time series analysis, and ability to use a statistics package. This work will serve second-year graduate students and researchers in the areas of applied mathematics, statistics, operations research, electrical engineering, and economics.

Customer Reviews (2)

another fine book by Resnick
Sid Resnick taught me stochastic processes when I was a graduate student at Stanford.He is an exceptional lecturer who really stimulates the students.I don't think I ever had a boring lecture from him even though probability theory and stochastic processes can at times be very dry subjects.

Over the many years since then Sid has moved on and spent many fruitful years at Colorado State and now Cornell.In addition to his many excellent papers and his fine collaborative work with Richard Davis, he has written a large number of very interesting and thought provoking texts on extreme value theory, stochastic processes and probability theory.I have a deep appreciation for his contributions to the theory of extremes as that has also been one of my research areas and was the topic of my Ph.D. dissertation.This is the second outstanding book Resnick has written on extremes.This one has more of a modelling flavor to it with an eye toward financial applications.It seems these days that much of the research in time series modelling and stochastic processes is motivated by applications in finance.This is certainly also the case with extreme value models as can be seen by the many fine books on extremes that have appeared recently.

This book shows the theory and applications of models for heavy-tailed distributions.Resnick makes a very good point about insurance claim cost.This was certainly a phenomena I had to deal with when modeling workers compensation insurance claims at Risk Data Corporation.It is also interesting to see coverage about what is needed to consistently estimate extreme values by bootstrapping.

Time series models that deal with heavy-tailed distributions are also mentioned.

advanced and abstract
The motivation for this book is simple. At least in the financial sector. Many models of financial phenomena use (or need) a probability distribution to model a range of events. Typically, there are a set of probable events, and then a long tail of unlikely events. But how unlikely? Resnick attempts to answer that here.

Where there is a chance of so-called heavy tail events. If these are not vanishingly unlikely in reality, then severe losses could be experienced by firms using the wrong model.

The text's analysis is quite advanced. Requiring extensive background in statistics and probability, and related aspects of modelling and queuing theory. An acquaintance with classical analysis (especially of metric spaces) is also needed, at the level of Marsden's treatment, Elementary Classical Analysis. The application to actual financial modelling is largely left to the reader. Those of you inclined to a quick perusal, to see if there are easy, immediate uses in finance, might have to spend considerable time digesting the text. And then doing research of your own. ... Read more

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This book is a comprehensive survey of the mathematical concepts and principles of industrial mathematics. Its purpose is to provide students and professionals with an understanding of the fundamental mathematical principles used in Industrial Mathematics/OR in modeling problems and application solutions. All the concepts presented in each chapter have undergone the learning scrutiny of the author and his students. The illustrative material throughout the book was refined for student comprehension as the manuscript developed through its iterations, and the chapter exercises are refined from the previous year's exercises.

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Special features of the book1. A very comprehensive and accessible approach in the presentation of the material.2. A variety of solved examples to illustrate the theoretical results.3. A large number of unsolved exercises for the students are given for practice at the end of each section.4. Solution to each unsolved examples are given at the end of each exercise.Readership: This book is written to meet the requirements of Engineering/Science and Management students at graduate and postgraduate level ... Read more

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"Chase, Jacobs and Aquilano: Operations Management for Competitive Advantage, 11/e (CJA)" provides a current and thorough introduction to the concepts, processes, and methods of managing and controlling operations in manufacturing or service settings. The text provides comprehensive coverage, from high-tech manufacturing to high touch services with a balanced treatment. "Chase, Jacobs, and Aquilano" also thoroughly integrates and discusses current issues such as globalization; supply chain strategy, E-business, and ERP. The concepts are illustrated by using abundant real world examples, articles, illustrations, problems and cases. Technology is integral to the success of this course, as such, CJA also provide students and instructors with an innovative array of leading edge technology learning and teaching tools. ... Read more

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Hardbound. Collected together in this book are ten expository articles on the most important topics in optimization, written by leading experts in the field. The book provides a primary reference for those performing research in some area of optimization or for those who have an elementary basic knowledge of optimization techniques but wish to learn the most up-to-date and efficient algorithms for particular classes of problems. The first sections of each chapter are expository and therefore accessible to master's level graduate students. However, the chapters also contain advanced material on current topics of interest to researchers. For instance, there are chapters which describe the polynomial-time linear programming algorithms of Khachian and Karmarkar and the techniques used to solve combinatorial and integer programming problems, an order of magnitude larger than was possible just a few years ago. The work contains a coherent view of the important ... Read more

Customer Reviews (1)

Very insightful.
I think it's a very useful handbook which contains the traditional optimization topics treated with the necessary theoretical emphasis. ... Read more

Customer Reviews (1)

A Great Reference Tool
Though much of the information in this text may be considered convoluded, it is a great aid to have at the desk when studying. ... Read more

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Inventories are prevalent everywhere in the commercial world, whether it be in retail stores, manufacturing facilities, government stockpile material, Federal Reserve banks, or even your own household.  This textbook examines basic mathematical techniques used  to sufficiently manage inventories by using various computational methods and mathematical models.

The text is presented in a way such that each section can be read independently, and so the order in which the reader approaches the book can be inconsequential.  It contains both deterministic and stochastic models along with algorithms that can be employed to find solutions to a variety of inventory control problems.

With exercises at the end of each chapter and a clear, systematic exposition,  this textbook will appeal to advanced undergraduate and first-year graduate students in operations research, industrial engineering, and quantitative MBA programs. It also serves as a reference for professionals in both industry and government worlds.  The prerequisite courses include introductory optimization methods, probability theory (non-measure theoretic), and stochastic processes.

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Production and Operations Analysis, 6/e by Steven Nahmias provides a survey of the analytical methods used to support the functions of production and operations management. This latest edition maintains the focus on continual process improvement while enhancing the technical content of the book. Both analytical methods centered on factory and service processes, as well as process issues across the supply chain, are included. As always, the text presents the most cutting-edge quantitative models used in operations in a clear, accessible manner.While the familiar structure and organization of the text remains the same as previous editions, the current edition includes several new topics aimed at enhancing the technical content of the book. ... Read more

Customer Reviews (2)

This is a great book!
Excellent book with detailed content and concrete examples for anyone interested in learning operations management.It's considered the premier textbook for anyone working in Operations Management.

Operations Management Book
I received my book in a timely manner and was happy with the ease of ordering that the website offers.I will continue to use the site while I am in school. ... Read more