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This book focuses on the analytic principles of business practice and big data. Specifically, it provides an interface between the main disciplines of engineering/technology and the organizational and administrative aspects of management, serving as a complement to books in other disciplines such as economics, finance, marketing and risk analysis. The contributors present their areas of expertise, together with essential case studies that illustrate the successful application of engineering management theories in real-life examples.
As organizations continue to develop, there is an increasing need for technological methods that can keep up with the rising amount of data and information that is being generated. Machine learning is a tool that has become powerful due to its ability to analyze large amounts of data quickly. Machine learning is one of many technological advancements that is being implemented into a multitude of specialized fields. An extensive study on the execution of these advancements within professional industries is necessary. The Handbook of Research on Big Data Clustering and Machine Learning is an essential reference source that synthesizes the analytic principles of clustering and machine learning ...
Lean Manufacturing, also called lean production, was originally created in Toyota after the Second World War, in the reconstruction period. It is based on the idea of eliminating any waste in the industry, i.e. any activity or task that does not add value and requires resources. It is considered in every level of the industry, e.g. design, manufacturing, distribution, and customer service. The main wastes are: over-production against plan; waiting time of operators and machines; unnecessary transportation; waste in the process itself; excess stock of material and components; non value-adding motion; defects in quality. The diversity of these issues will be covered from algorithms, mathematical models, and software engineering by design methodologies and technical or practical solutions. This book intends to provide the reader with a comprehensive overview of the current state, cases studies, hardware and software solutions, analytics, and data science in dependability engineering.
This book combines the analytic principles of digital business and data science with business practice and big data. The interdisciplinary, contributed volume provides an interface between the main disciplines of engineering and technology and business administration. Written for managers, engineers and researchers who want to understand big data and develop new skills that are necessary in the digital business, it not only discusses the latest research, but also presents case studies demonstrating the successful application of data in the digital business.
The Internet of Things (IoT) is a closed-loop system in which a set of sensors is connected to servers via a network. The data from sensors are stored in a database and then analysed by IoT analytics. The results are usually employed by either humans, machines, or software to make decisions about the operation of the system. This book provides an interface between the main disciplines of engineering/technology and the organizational, administrative, and planning capabilities of managing the IoT.
Decision-Making Management: A Tutorial and Applications provides practical guidance for researchers seeking to optimizing business-critical decisions employing Logical Decision Trees thus saving time and money. The book focuses on decision-making and resource allocation across and between the manufacturing, product design and logistical functions. It demonstrates key results for each sector with diverse real-world case studies drawn primarily from EU projects. Theory is accompanied by relevant analysis techniques, with a progressional approach building from simple theory to complex and dynamic decisions with multiple data points, including big data and lot of data. Binary Decision Diagrams a...
This book presents the main concepts, state of the art, advances, and case studies of fault detection, diagnosis, and prognosis. This topic is a critical variable in industry to reach and maintain competitiveness. Therefore, proper management of the corrective, predictive, and preventive politics in any industry is required. This book complements other subdisciplines such as economics, finance, marketing, decision and risk analysis, engineering, etc. The book presents real case studies in multiple disciplines. It considers the main topics using prognostic and subdiscipline techniques. It is essential to link these topics with the areas of finance, scheduling, resources, downtime, etc. to inc...
Non-Destructive Testing and Condition Monitoring Techniques for Renewable Energy Industrial Assets integrates state-of-the-art information and discusses future developments and their significance to the improvement of the renewable energy industry. Renewable energy assets are complex systems with several critical components that require inspection and adequate maintenance in order to ensure their high availability and uninterrupted operation. This is the first book to apply NDT and condition monitoring to these complex systems. - Covers inspection and condition monitoring for a broad range of renewable energy systems, including wind turbines, wave energy devices, CSP and photovoltaic plants, and biofuel/biomass power plants - Includes a review of common types of NDT techniques - Discusses future developments in NDT and condition monitoring for renewable energy systems
This book gathers the proceedings of the 14th International Conference on Management Science and Engineering Management (ICMSEM 2020). Held at the Academy of Studies of Moldova from July 30 to August 2, 2020, the conference provided a platform for researchers and practitioners in the field to share their ideas and experiences. Covering a wide range of topics, including hot management issues in engineering science, the book presents novel ideas and the latest research advances in the area of management science and engineering management. It includes both theoretical and practical studies of management science applied in computing methodology, highlighting advanced management concepts, and com...
Decision Making is a book where each chapter has been contributed to by a different author(s). The book synthesizes the analytical principles with business practice of Decision Making. Specifically, the book provides an interface between the main disciplines of engineering/technology and the organizational, administrative, and planning abilities of decision making. It is complementary to other sub-disciplines such as economics, finance, marketing, decision and risk analysis, etc. The chapters introduce and demonstrate decision making theory in practical case studies. It demonstrates key results for each sector with diverse real-world case studies. The theory is accompanied by relevant analysis techniques, with a progressional approach building from simple theory to complex and dynamic decisions with multiple data points, including big data, etc. Computational techniques, dynamic analysis, probabilistic methods, and mathematical optimization techniques are expertly blended to support analysis of multi-criteria decision-making problems with defined constraints and requirements.