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Soft Computing in Inventory Management
This book presents a collection of mathematical models that deals with the real scenario in the industries. The primary objective of this book is to explore various effective methods for inventory control and management using soft computing techniques. Inventory control and management is a very tedious task faced by all the organizations in any sector of the economy. It makes decisions for policies, activities, and procedures in order to make sure that the right amount of each item is held in stock at any time. Many industries suffer from indiscipline while ordering and production mismatch. It is essential to provide best ordering policy to control such kind of mismatch in the industries. All the mathematical model solutions are provided with the help of various soft computing optimization techniques to determine optimal ordering policy. This book is beneficial for practitioners, educators, and researchers. It is also helpful for retailers/managers for improving business functions and making more accurate and realistic decisions.
Mathematical Analysis for Transmission of COVID-19
This book describes various mathematical models that can be used to better understand the spread of novel Coronavirus Disease 2019 (COVID-19) and help to fight against various challenges that have been developed due to COVID-19. The book presents a statistical analysis of the data related to the COVID-19 outbreak, especially the infection speed, death and fatality rates in major countries and some states of India like Gujarat, Maharashtra, Madhya Pradesh and Delhi. Each chapter with distinctive mathematical model also has numerical results to support the efficacy of these models. Each model described in this book provides its unique prediction policy to reduce the spread of COVID-19. This book is beneficial for practitioners, educators, researchers and policymakers handling the crisis of COVID-19 pandemic.
Handbook of Research on Promoting Business Process Improvement Through Inventory Control Techniques
Stock management and control is a critical element to the success and overall financial well-being of an organization. Through the application of innovative practices and technology, businesses are now able to effectively monitor their operations and manage their inventory by evaluating sales patterns and customer preferences. The Handbook of Research on Promoting Business Process Improvement Through Inventory Control Techniques is a critical scholarly resource that examines optimization techniques, data mining concepts, and genetic algorithms to manage inventory control. Featuring coverage on a broad range of topics such as logistics and supply chain management, stochastic inventory modelling, and inventory management in healthcare, this book is geared towards academicians, practitioners, and researchers seeking various research methods to get optimal ordering policy.
Mathematical and Computational Modelling of Covid-19 Transmission
Infectious diseases are leading threats and are of highest risk to the human population globally. Over the last two years, we saw the transmission of Covid-19. Millions of people died or were forced to live with a disability. Mathematical models are effective tools that enable analysis of relevant information, simulate the related process and evaluate beneficial results. They can help to make rational decisions to lead toward a healthy society. Formulation of mathematical models for a pollution-free environment is also very important for society. To determine the system which can be modelled, we need to formulate the basic context of the model underlying some necessary assumptions. This describes our beliefs in terms of the mathematical language of how the world functions. This book addresses issues during the Covid phase and post-Covid phase. It analyzes transmission, impact of coinfections, and vaccination as a control or to decrease the intensity of infection. It also talks about the violence and unemployment problems occurring during the post-Covid period. This book will help societal stakeholders to resume normality slowly and steadily.
Optimization Techniques for Decision-making and Information Security
Optimization Techniques for Decision-making and Information Security is a scholarly compilation that has been edited by experts with specialized knowledge in the fields of decision theory and cybersecurity. Through the synthesis of an extensive array of information, this edited volume presents novel methodologies and approaches that forge a link between the critical domain of information security and the realm of decision-making processes. The publication commences with a fundamental investigation that establishes the theoretical foundations of information security-relevant decision-making models. The subsequent chapters present comprehensive evaluations of real-world applications, showcasin...
Optimization and Inventory Management
This book discusses inventory models for determining optimal ordering policies using various optimization techniques, genetic algorithms, and data mining concepts. It also provides sensitivity analyses for the models’ robustness. It presents a collection of mathematical models that deal with real industry scenarios. All mathematical model solutions are provided with the help of various optimization techniques to determine optimal ordering policy. The book offers a range of perspectives on the implementation of optimization techniques, inflation, trade credit financing, fuzzy systems, human error, learning in production, inspection, green supply chains, closed supply chains, reworks, game t...
Decision Making in Inventory Management
This book provides several inventory models for making the right decision in inventory management under different environments. Basically, the optimal ordering policies are determined for situations with and without shortages in production-inventory systems. The chapters in the book include various features of inventory modeling i.e., inflation, deterioration, supply chain, learning, credit financing, carbon emission policy, stock-dependent demand, among others. The book is a useful resource for academicians, researchers, students, practitioners, and managers who can be benefited with the policies provided in the chapters of the book.
Mathematical Models of Infectious Diseases and Social Issues
When deadly illness spreads through a population at a rapid pace, time may be of the essence in order to save lives. Using mathematics as a language to interpret assumptions concerning the biological and population mechanics, one can make predictions by analyzing actual epidemiological data using mathematical tests and results. Mathematical models can help us understand the right disease status and predict the effects of the disease on populations, which can help limit the spread and devastation of the illness. Mathematical Models of Infectious Diseases and Social Issues is a collection of innovative research that examines the dynamics of diseases and their effect on populations. Featuring coverage of a broad range of topics including deterministic models, environmental pollution, and social issues, this book is ideally designed for diagnosticians, clinicians, healthcare providers, pharmacists, government health officials, policymakers, academicians, researchers, and students.
Advances in Industrial and Production Engineering
This book comprises the select proceedings of the 3rd Biennial International Conference on Future Learning Aspects of Mechanical Engineering (FLAME) 2022. It aims to provide a comprehensive and broad-spectrum picture of state-of-the-art research and development in industrial and production engineering. Various topics covered include sustainable manufacturing processes, logistics & supply chains, Industry 4.0 practices, circular economy, lean six sigma, agile manufacturing, additive manufacturing, IoT and Big Data in manufacturing, 3D printing, simulation, manufacturing management and automation, surface roughness, multi-objective optimization and modelling for production processes, developments in casting, welding, machining, and machine tools and many more advancements in industrial and production engineering. This volume will prove a valuable resource for those in academia and industry working in the area of industrial and production engineering.
Logistics, Supply Chain and Financial Predictive Analytics
This book addresses a broad range of problems commonly encountered in the fields of financial analysis, logistics and supply chain management, such as the use of big data analytics in the banking sector. Divided into twenty chapters, some of the contemporary topics discussed in the book are co-operative/non-cooperative supply chain models for imperfect quality items with trade-credit financing; a non-dominated sorting water cycle algorithm for the cardinality constrained portfolio problem; and determining initial, basic and feasible solutions for transportation problems by means of the “supply demand reparation method” and “continuous allocation method.” In addition, the book delves ...
