Optimisation of Production Under Uncertainty

Optimisation of Production Under Uncertainty
Title Optimisation of Production Under Uncertainty PDF eBook
Author Svend Rasmussen
Publisher Springer Science & Business Media
Total Pages 83
Release 2011-07-23
Genre Business & Economics
ISBN 3642216862

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The book provides a short review of the classical approach to planning and decision making under uncertainty. It further explains the concept of state-contingent goods, and it extends earlier work on the state-contingent approach to describing production under uncertainty to the problems involved in optimising production under uncertainty.

Optimization of Temporal Networks under Uncertainty

Optimization of Temporal Networks under Uncertainty
Title Optimization of Temporal Networks under Uncertainty PDF eBook
Author Wolfram Wiesemann
Publisher Springer Science & Business Media
Total Pages 168
Release 2012-01-04
Genre Business & Economics
ISBN 3642234275

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Many decision problems in Operations Research are defined on temporal networks, that is, workflows of time-consuming tasks whose processing order is constrained by precedence relations. For example, temporal networks are used to model projects, computer applications, digital circuits and production processes. Optimization problems arise in temporal networks when a decision maker wishes to determine a temporal arrangement of the tasks and/or a resource assignment that optimizes some network characteristic (e.g. the time required to complete all tasks). The parameters of these optimization problems (e.g. the task durations) are typically unknown at the time the decision problem arises. This monograph investigates solution techniques for optimization problems in temporal networks that explicitly account for this parameter uncertainty. We study several formulations, each of which requires different information about the uncertain problem parameters.

Production Economics

Production Economics
Title Production Economics PDF eBook
Author Svend Rasmussen
Publisher Springer Science & Business Media
Total Pages 296
Release 2012-08-04
Genre Business & Economics
ISBN 3642302009

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This book covers the basic theory of how, what and when firms should produce to maximise profits. Based on the neoclassical theory of the firm presented in most general microeconomic textbooks, it extends the general treatment and focuses on the application of the theory to specific problems that the firm faces when making production decisions to maximise profits. Increasing level of government regulation and the use of specialised and often very expensive equipment in modern production motivates the following focus areas: 1) How to optimise production under restrictions., 2) Treatment of fixed inputs and the process of input fixation, 3) Optimisation of production over time, 4) Linear and Mixed Integer Programming as tools for optimisation in practice. This updated second edition includes a more comprehensive introduction to the theory of decision making under risk and uncertainty as well as a new chapter on how to use linear programming to generate the supply function of the firm.

Supply Chain Optimization under Uncertainty

Supply Chain Optimization under Uncertainty
Title Supply Chain Optimization under Uncertainty PDF eBook
Author Barrie M. Cole
Publisher Vernon Press
Total Pages 383
Release 2014-12-15
Genre Business & Economics
ISBN 162273016X

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Drawing on cutting-edge research, this book proposes a new 'Supply Chain Optimization under Uncertainty’, technology. Its application can bring many proven benefits to supply chain entities, any associated service providers, and, of course, the customers. The technology can provide the best design and operating solution for a Supply Chain Network (SCN) that is subject to any prevailing conditions of Operational Uncertainty (OU). A SCN is defined as a network of production facilities, distribution centers and retail sales outlets. OU is defined as any relevant combination of i) multiple process objectives e.g. a business needs to maximize operating profits and to minimize inventory levels, ii) fuzziness (<, <=, >, or >=) e.g. sales <= 1500 t/mth and iii) probability e.g. sale of fertilizer is dependent on probabilistic rainfall. Following this method always enables the determination of realistic optimum supply chain solutions, since the effects of any operational uncertainties are always provided for. The book is arranged in two parts. The first part covers the theory and recent research into supply chain optimization under uncertainty. The second part documents the application of the newly proposed technology to an agricultural fertilizer’s (NPK, South Africa) supply chain.

Supply Chain Optimization Under Uncertainty

Supply Chain Optimization Under Uncertainty
Title Supply Chain Optimization Under Uncertainty PDF eBook
Author Barrie Michael Cole
Publisher Vernon Press
Total Pages 384
Release 2015-09-15
Genre Business & Economics
ISBN 9781622730322

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Drawing on cutting-edge research, this book proposes a new 'Supply Chain Optimization under Uncertainty', technology. Its application can bring many proven benefits to supply chain entities, any associated service providers, and, of course, the customers. The technology can provide the best design and operating solution for a Supply Chain Network (SCN) that is subject to any prevailing conditions of Operational Uncertainty (OU). A SCN is defined as a network of production facilities, distribution centers and retail sales outlets. OU is defined as any relevant combination of i) multiple process objectives e.g. a business needs to maximize operating profits and to minimize inventory levels, ii) fuzziness (, or >=) e.g. sales

Modelling and Intelligent Optimisation of Production Scheduling in VCIM Systems

Modelling and Intelligent Optimisation of Production Scheduling in VCIM Systems
Title Modelling and Intelligent Optimisation of Production Scheduling in VCIM Systems PDF eBook
Author Son Duy Dao
Publisher Springer
Total Pages 147
Release 2017-12-27
Genre Technology & Engineering
ISBN 3319721135

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This thesis reports on an innovative production-scheduling model for virtual computer-integrated manufacturing (VCIM) systems. It also describes a robust genetic algorithm for production scheduling in VCIM systems. The model, which is the most comprehensive of its kind to date, is not only capable of supporting collaborative shipment scheduling and handling multiple product orders simultaneously, but also helps cope with multiple objective functions under uncertainties. In turn, the genetic algorithm, characterised by an innovative algorithm structure, chromosome encoding, crossover and mutation, is capable of searching for optimal/suboptimal solutions to the complex optimisation problem in the VCIM production- scheduling model described. Lastly, the effectiveness of the proposed approach is verified in a comprehensive case study.

Biomass to Biofuel Supply Chain Design and Planning under Uncertainty

Biomass to Biofuel Supply Chain Design and Planning under Uncertainty
Title Biomass to Biofuel Supply Chain Design and Planning under Uncertainty PDF eBook
Author Mir Saman Pishvaee
Publisher Academic Press
Total Pages 284
Release 2020-11-25
Genre Science
ISBN 0128209003

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Biomass to Biofuel Supply Chain Design and Planning under Uncertainty: Concepts and Quantitative Methods explores the design and optimization of biomass-to-biofuel supply chains for commercial-scale implementation of biofuel projects by considering the problems and challenges encountered in real supply chains. By offering a fresh approach and discussing a wide range of quantitative methods, the book enables researchers and practitioners to develop hybrid methods that integrate the advantages and features of two or more methods in one decision-making framework for the efficient optimization of biofuel supply chains, especially for complex supply chain models. Combining supply chain management and modeling techniques in a single volume, the book is beneficial for graduate students who no longer need to consult subject-specific books alongside mathematical modeling textbooks. The book consists of two main parts. The first part describes the key components of biofuel supply chains, including biomass production, harvesting, collection, storage, preprocessing, conversion, transportation, and distribution. It also provides a comprehensive review of the concepts, problems, and opportunities associated with biofuel supply chains, such as types and properties of the feedstocks and fuel products, decision-making levels, sustainability concepts, uncertainty analysis and risk management, as well as integration of biomass supply chain with other supply chains. The second part focuses on modeling and optimization of biomass-to-biofuel supply chains under uncertainty, using different quantitative methods to determine optimal design. Proposes a general multi-level framework for the optimal design and operation of biomass-to-biofuel supply chains through quantitative analysis and modeling, including different biomass and waste biomass feedstock, production pathways, technology options, transportation modes, and final products Explores how modeling and optimization tools can be utilized to address sustainability issues in biofuel supply chains by simultaneously assessing and identifying sustainable solutions Presents several case studies with different regional constraints to evaluate the practical applicability of different optimization methods and compares their performance in real-world situations Includes General Algebraic Modeling System (GAMS) codes for solving biomass supply chain optimization problems discussed in different chapters