2019 marked the 85th anniversary of Heinrich Freiherr von Stackelberg's habilitation thesis "Marktform und Gleichgewicht," which formed the roots of bilevel optimization. Research on the topic has grown tremendously since its introduction in the field of mathematical optimization. Besides the substantial advances that have been made from the perspective of game theory, many sub-fields of bilevel optimization have emerged concerning optimal control, multiobjective optimization, energy and electricity markets, management science, security and many more. Each chapter of this book covers a specific aspect of bilevel optimization that has grown significantly or holds great potential to grow, and was written by top experts in the corresponding area. In other words, unlike other works on the subject, this book consists of surveys of different topics on bilevel optimization. Hence, it can serve as a point of departure for students and researchers beginning their research journey or pursuing related projects. It also provides a unique opportunity for experienced researchers in the field to learn about the progress made so far and directions that warrant further investigation. All chapters have been peer-reviewed by experts on mathematical optimization.

This indispensable text offers students a high quality treatment of strategic operations management. It provides the reader with a clear understanding of the importance and nature of operations strategy by determining exactly which management activities, core competencies, resources and technologies underpin an operational strategy. The book demonstrates how various operational elements and components can be combined and customised into unique operational strategies. When these strategies are correctly implemented, they provide sustainable competitive advantage and allow firms to provide a diverse range of services and goods in their increasingly demanding, complex and dynamic marketplaces and spaces.
Includes chapters covering customising operational strategies for retail, manufacturing, services and SMEs, and sections on eBusiness and complexity theory in relation to operations theory.
Features include:
*extended case-studies including several from Europe and the USA
*case vignettes
*learning objectives
*key terms
*chapter introduction and 'maps' to aid reader accessibility
*'time out' boxes to prompt the reader to reflect on what has been learnt
*'critical reflection' boxes that analyse theories and models.

Related link: www.routledge.com/textbooks/0415256542

This book examines application and methods to incorporating stochastic parameter variations into the optimization process to decrease expense in corrective measures. Basic types of deterministic substitute problems occurring mostly in practice involve i) minimization of the expected primary costs subject to expected recourse cost constraints (reliability constraints) and remaining deterministic constraints, e.g. box constraints, as well as ii) minimization of the expected total costs (costs of construction, design, recourse costs, etc.) subject to the remaining deterministic constraints. After an introduction into the theory of dynamic control systems with random parameters, the major control laws are described, as open-loop control, closed-loop, feedback control and open-loop feedback control, used for iterative construction of feedback controls. For approximate solution of optimization and control problems with random parameters and involving expected cost/loss-type objective, constraint functions, Taylor expansion procedures, and Homotopy methods are considered, Examples and applications to stochastic optimization of regulators are given. Moreover, for reliability-based analysis and optimal design problems, corresponding optimization-based limit state functions are constructed. Because of the complexity of concrete optimization/control problems and their lack of the mathematical regularity as required of Mathematical Programming (MP) techniques, other optimization techniques, like random search methods (RSM) became increasingly important. Basic results on the convergence and convergence rates of random search methods are presented. Moreover, for the improvement of the - sometimes very low - convergence rate of RSM, search methods based on optimal stochastic decision processes are presented. In order to improve the convergence behavior of RSM, the random search procedure is embedded into a stochastic decision process for an optimal control of the probability distributions of the search variates (mutation random variables).

This volume develops and describes an ontology of modern conflict. Modern conflict is a complex adaptive system. As such, it exhibits emergent properties, or properties that are not predictable from simple descriptions of the system. The Modern Conflict Ontology (MCO) creates a structure for collecting and analyzing information regarding both conventional and unconventional conflict in the face of uncertainty. The first three chapters of the book begin the discussion of the MCO. The first chapter introduces the foundational concepts. The second chapter discusses modern conflict in detail. The third chapter provides an overview of ontologies in sufficient detail to make the rest of the book understandable, but without covering the minutia of the subject. The next ten chapters describe the parts of the MCO. Each part is a sub-ontology and is discussed in detail, including connections to the other parts. Instances are used very liberally to ensure that the concepts are made concrete. The final chapter consolidates the descriptions of the ontology into a discussion of "what we can know." It describes the implementation history and changes from the predecessor Unconventional Conflict Ontology (UCO) to the MCO, plus some uses of the ontology and potential future enhancements. Providing an ontology that describes the entire modern conflict domain, this volume is appropriate for military professionals and academics and professionals in political science, computer science, and operations research.

This book broadly explains the requirement to focus on core components in a business and provides a case study of open-pit mining operations throughout the book to understand the management perspective of large organizations. With globalized approaches of large businesses and the rising requirement of understanding the needs of modern organizations, it is necessary to focus on key areas of businesses to ensure sustainability of operations. Organizations look into achieving a high return on investments and short-term measures in increasing sales or revenue is considered unsuitable. It is a necessity to look for sustainability and continuous methods of innovation to boost efficiency. This book provides a case study based on large organizations and uses qualitative methodologies where data was collected using in-depth interviews of respondents from various mining companies in the top and middle-level management from different parts of the world, detailing the state of the art of information systems currently used in large scale open-pit miming (LSOPM). This book provides a sound knowledge of cutting-edge factors to the reader for managing the business to attain operational excellence and long-term sustainability, and caters to a broad spectrum of management and technical readers.

This book presents recent work that analyzes general issues of green transportation. The contributed chapters consider environmental objectives in transportation, including topics such as battery swap stations for electric vehicles, efficient home healthcare routing, waste collection, and various vehicle routing problems. The content will be valuable for researchers and postgraduate students in computer science, operations research, and urban planning.

This book gathers selected peer-reviewed papers from the 14th World Congress on Engineering Asset Management (WCEAM), which was held in Singapore on 28-31 July 2019, as well as papers presented during the 1st WCEAMOnline event which focused on the ramifications of Covid-19 on infrastructure systems. This book covers a wide range of topics in engineering asset management, including: asset management services provisioning; servitization; decision-making; asset management systems; industrial Internet of things; and vulnerability and resilience of infrastructure systems. The breadth and depth of these state-of-the-art, comprehensive proceedings make them an excellent resource for asset management practitioners, researchers and academics, as well as undergraduate and postgraduate students.

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.

The volume examines the state-of-the-art of productivity and efficiency analysis. It brings together a selection of the best papers from the 10th North American Productivity Workshop. By analyzing world-wide perspectives on challenges that local economies and institutions may face when changes in productivity are observed, readers can quickly assess the impact of productivity measurement, productivity growth, dynamics of productivity change, measures of labor productivity, measures of technical efficiency in different sectors, frontier analysis, measures of performance, industry instability and spillover effects. The contributions in this volume focus on the theory and application of economics, econometrics, statistics, management science and operational research related to problems in the areas of productivity and efficiency measurement. Popular techniques and methodologies including stochastic frontier analysis and data envelopment analysis are represented. Chapters also cover broader issues related to measuring, understanding, incentivizing and improving the productivity and performance of firms, public services, and industries.

This book presents recent work that analyzes general issues of green logistics and smart cities. The contributed chapters consider operating models with important ecological, economic, and social objectives. The content will be valuable for researchers and postgraduate students in computer science, information technology, industrial engineering, and applied mathematics.

The Handbook of Mathematical Economics aims to provide a definitive source, reference, and teaching supplement for the field of mathematical economics. It surveys, as of the late 1970's the state of the art of mathematical economics. This is a constantly developing field and all authors were invited to review and to appraise the current status and recent developments in their presentations. In addition to its use as a reference, it is intended that this Handbook will assist researchers and students working in one branch of mathematical economics to become acquainted with other branches of this field. Volume 2 elaborates on "Mathematical Approaches to Microeconomic Theory," including consumer, producer, oligopoly, and duality theory, as well as "Mathematical Approaches to Competitive Equilibrium" including such aspects of competitive equilibrium as existence, stability, uncertainty, the computation of equilibrium prices, and the core of an economy.

For more information on the Handbooks in Economics series, please see our home page on http: //www.elsevier.nl/locate/hes

This book covers topics in portfolio management and multicriteria decision analysis (MCDA), presenting a transparent and unified methodology for the portfolio construction process. The most important feature of the book includes the proposed methodological framework that integrates two individual subsystems, the portfolio selection subsystem and the portfolio optimization subsystem. An additional highlight of the book includes the detailed, step-by-step implementation of the proposed multicriteria algorithms in Python. The implementation is presented in detail; each step is elaborately described, from the input of the data to the extraction of the results. Algorithms are organized into small cells of code, accompanied by targeted remarks and comments, in order to help the reader to fully understand their mechanics. Readers are provided with a link to access the source code through GitHub. This Work may also be considered as a reference which presents the state-of-art research on portfolio construction with multiple and complex investment objectives and constraints. The book consists of eight chapters. A brief introduction is provided in Chapter 1. The fundamental issues of modern portfolio theory are discussed in Chapter 2. In Chapter 3, the various multicriteria decision aid methods, either discrete or continuous, are concisely described. In Chapter 4, a comprehensive review of the published literature in the field of multicriteria portfolio management is considered. In Chapter 5, an integrated and original multicriteria portfolio construction methodology is developed. Chapter 6 presents the web-based information system, in which the suggested methodological framework has been implemented. In Chapter 7, the experimental application of the proposed methodology is discussed and in Chapter 8, the authors provide overall conclusions. The readership of the book aims to be a diverse group, including fund managers, risk managers, investment advisors, bankers, private investors, analytics scientists, operations researchers scientists, and computer engineers, to name just several. Portions of the book may be used as instructional for either advanced undergraduate or post-graduate courses in investment analysis, portfolio engineering, decision science, computer science, or financial engineering.

This book advances systems thinking by introducing a new philosophy of systemic knowing. It argues that there are inescapable limits to rational understanding. Humankind has always depended on extended ways of knowing to complement the rational-analytic approach. The book establishes that the application of such methods is fundamental to systemic practice. The author advocates embracing two modes of consciousness: intentionality, which Western philosophy has long recognized, and non-intentional awareness, which Eastern philosophy additionally highlights. The simultaneity of these two modes of consciousness, and the variety of knowings they spawn are harnessed for a more holistic, systemic knowing. Four practices from fields related to systems thinking are examined: two contemporary action research methodologies from the US and the UK; the Sumedhian (Indian) approach to inquiry about processes within groups; and a technique of group psychotherapy originating in Eastern Europe. Each of these systematically harnesses knowing using both modes of consciousness. Therefore, the author insists, such approaches must be included in systemic practice, in purposeful and methodical juxtaposition to rational-analytic ways. The book provides examples and guidelines for deployment. "All researchers and practitioners of systems thinking and action research must read this book...Raghav has craftfully blended Eastern and Western wisdom. He uses his immersion into Eastern ways of knowing practically, to elaborate the systems philosophy in rich detail. He has incorporated, from cooperative inquiry as action research, the idea of four ways of knowing: practical, propositional, presentational and experiential, to bolster the foundations of systems thinking" SHANKAR SANKARAN, Professor, University of Technology Sydney, Australia; President International Society of Systems Sciences (ISSS) 2019-2020 "This is a book with the potential to stimulate the emergence of a new paradigm. Raghav shows that systems thinking can transcend rational analysis and incorporate other ways of knowing, such as arts-based methods... also, rather than be overly preoccupied with striving for change, there is value in simply abiding, which comes with a deep appreciation of the ecological relationships we are part of. It's not that rational analysis is wrong - it's that it is only part of a genuinely transformative practice". GERALD MIDGLEY, Co-Director, Centre for Systems Studies, University of Hull; former President, ISSS (2013-14) "Raghav Rajagopalan's writing on generating deep appreciation for the social and ecological interdependencies ties in closely with my own work. The philosophical ideas he develops contain the tracings and essential tones of Gregory Bateson's idea of "Mind" as a process of living complexities reaching well beyond the notion of the body. This book demonstrates outstanding erudition and deep compassion at the same time. It should delight the adventurous reader unafraid of big questions". NORA BATESON, President of the International Bateson Institute

The Handbook of Mathematical Economics aims to provide a definitive source, reference, and teaching supplement for the field of mathematical economics. It surveys, as of the late 1970's the state of the art of mathematical economics. This is a constantly developing field and all authors were invited to review and to appraise the current status and recent developments in their presentations. In addition to its use as a reference, it is intended that this Handbook will assist researchers and students working in one branch of mathematical economics to become acquainted with other branches of this field. Volume 1 deals with "Mathematical Methods in Economics," including reviews of the concepts and techniques that have been most useful for the mathematical development of economic theory.

For more information on the Handbooks in Economics series, please see our home page on http: //www.elsevier.nl/locate/hes

This book examines cross-chain control centers (4C), an ambitious concept in supply chain management and logistics that is intended to foster collaboration between different supply chains to increase efficiency. It provides an overview of the main results, insights, and other developments in the academic field of horizontal collaboration. Furthermore, it gives recommendations to governments, commercial companies, and academia on how to proceed with horizontal logistics collaboration in the years to come. To link research with practice, the book takes the Dutch project on cross-chain collaboration centers (4Cs) and identifies a typology of existing patterns for horizontal collaboration in supply chains. Finally, the book zooms in on the Netherlands as a case-study of intense public-private partnerships to develop 4C as a mature logistics value proposition. It provides an overview of the accomplishments in the government supported 4C projects and offers a critical reflection of why some more ambitious and structural solutions have not found solid ground yet. The book is of value to researchers and professionals in the supply chain domain.

This book provides basic tools for learning how to model in mathematical programming, from models without much complexity to complex system models. It presents a unique methodology for the building of an integral mathematical model, as well as new techniques that help build under own criteria. It allows readers to structure models from the elements and variables to the constraints, a basic modelling guide for any system with a new scheme of variables, a classification of constraints and also a set of rules to model specifications stated as logical propositions, helping to better understand models already existing in the literature. It also presents the modelling of all possible objectives that may arise in optimization problems regarding the variables values. The book is structured to guide the reader in an orderly manner, learning of the components that the methodology establishes in an optimization problem. The system includes the elements, which are all the actors that participate in the system, decision activities that occur in the system, calculations based on the decision activities, specifications such as regulations, impositions or actions of defined value and objective criterion, which guides the resolution of the system.

These proceedings focus on selected aspects of the current and upcoming trends in transportation, logistics, supply chain management, and decision sciences. In detail the included scientific papers analyze the problem of Decision Making under Uncertainty, Stochastic Optimization, Transportation, Logistics and Intelligent Business. The variety of the papers delivers added value for both scholars and practitioners. This book is the documentation of the symposium "The Seventh International Forum on Decision Sciences", which took place in Windsor, Canada.

This book highlights some of the latest research advances and cutting-edge analyses of real-world case studies on Industrial Engineering and Operations Management from diverse international contexts, while also identifying business applications for the latest findings and innovations in operations management and the decision sciences. It gathers a selection of the best papers presented at the XXII International Conference on Industrial Engineering and Industrial Management, which was promoted by ADINGOR (Asociacion para el Desarrollo de la Ingenieria de Organizacion) and held at the Escola Politecnica Superior of the Universitat de Girona, Spain, on July 12th and 13th, 2018.

This edited book addresses the challenges in managing the operations and supply chain of organizations in the era of internet of things and Industry 4.0. It presents cutting edge research on real world operations related problems, in-depth analyses, and relevant managerial implications. Wide variety of solution approaches such as quantitative, quantitative, and simulations are presented in the context of managing the operations and supply chains. Consisting of selected papers from the XXIII Annual International Conference of Society of Operations Management, this volume is part of a two volume series with the other book consisting of chapters on quantitative decision making. This edited book covers various quantitative models on operations and supply chain management such as inventory optimization, machine learning-operations research integrated model for healthcare systems, game-theoretic analysis of review strategies in truthful information sharing, design of contracts in supply chains, supply chain optimization, inventory routing, and shop floor scheduling. In addition to the quantitative models, several innovative heuristics are proposed for different problems. This book explores qualitative models on improving the performance of small and medium enterprises and petroleum industries and a simulation model for staff allocation in the information technology industry. Finally, this book provides review articles on vaccine supply chains and behavioral operations management. The book throws light on the emerging trends in the use of analytics, optimization, and simulation tools and empirical analysis to improve the performance of operations and supply chains of organizations. It will serve as an essential resource for practitioners, students, faculty members and scholars in operations management and related areas to gain knowledge and pursue high quality research on developments in areas such as managing the resource management and the solution methodology---innovative tools employed in addressing the real world problems and the different optimization techniques.

The book consolidates systems thinking as a new world-hypothesis that is already suggesting itself behind the advancement of quantum mechanics and Ashby's cybernetics. In particular, it shows how Einstein's misgivings about quantum mechanics boil down to his persistence in defending the principle of contiguity at the root of the modern cosmology and, in relation to neo-cybernetics, the book rediscovers Ashby's theory of adaptive behaviour enabling a new synthesis between physiology, psychology and ethology that has implications for systems practice. Furthermore, this new "cosmology" comes with a new "anthropology" that informs utopics, the science of utopic systems, and sheds new light on the actual founding fathers of the domain of human science. In particular, the book provides an understanding of how our human world works and how it is being constituted by utopic systems that look into the future to realize something possible. Finally, it points the way to the future unification of knowledge bringing together systems philosophy and systems science given that world-hypothesis is what makes logically possible the development and consolidation of all the different domains of science.

This book addresses the measurement of the effect of information technology (IT) investments on a firm's productivity. Determining a quantifiable impact of a firm's IT has plagued senior executives, researchers, and policy-makers for several years, as evidenced by articles in trade magazines such as Fortune and Businessweek and in academic journals such as Management Science. Simple statistical techniques for measuring IT impact in a firm are fraught with methodological problems, as these techniques do not account for either the causal direction in managerial decision making or the behavioral assumptions about firms. Therefore, such studies have led to results and inferences that are not generalizable. While studies that measure the satisfaction of people who use IT are important, management typically would like to know whether IT has reduced operation costs by streamlining processes or increased revenues by increasing the demand-meeting capability of the firm. This book attempts to determine cost-reduction or output-enhancement that may be linked to IT investments through methodological sophistication.
The healthcare industry presents an important and interesting context in which to study IT impacts for several reasons. First, since the implementation of the Prospective Payment System (PPS) by Medicaid, most hospitals adopted cost containment measures, and hence capital investments in hospitals have come under greater scrutiny than ever before. Second, hospitals have been more thorough in reporting capital and labor expenses and revenues (due to state regulation) at a level of detail that makes it possible to aggregate IT and other capital investments without serious measurementerror. Most non-healthcare firms do not collect or report such data in their financial statements. Finally, though hospitals were slow in IT adoption, most hospitals have been acquiring sophisticated hardware and software over the past few years.
Results of the analysis bear evidence of the positive impact of IT on production of healthcare services. It also shows how methodological differences can lead to conflicting results. The effect of PPS determined in a comparative way shows that the economic behavior in the post-PPS differs from that in the pre-PPS years.

The goal of this book is to elaborate on the main principles of the theory of the Berge equilibrium by answering the following two questions: What are the basic properties of the Berge equilibrium? Does the Berge equilibrium exist, and how can it be calculated? The Golden Rule of ethics, which appears in Christianity, Judaism, Islam, Buddhism, Confucianism and other world religions, states the following: "Behave towards others as you would like them to behave towards you." In any game, each party of conflict seeks to maximize some payoff. Therefore, for each player, the Golden Rule is implemented through the maximization of his/her payoff by all other players, which matches well with the concept of the Berge equilibrium. The approach presented here will be of particular interest to researchers (including undergraduates and graduates) and economists focused on decision-making under complex conflict conditions. The peaceful resolution of conflicts is the cornerstone of the approach: as a matter of fact, the Golden Rule precludes military clashes and violence. In turn, the new approach requires new methods; in particular, the existence problems are reduced to saddle point design for the Germeier convolution of payoff functions, with further transition to mixed strategies in accordance with the standard procedure employed by E. Borel, J. von Neumann, J. Nash, and their followers. Moreover, this new approach has proven to be efficient and fruitful with regard to a range of other important problems in mathematical game theory, which are considered in the Appendix.

This book presents interdisciplinary research in software engineering with applications for the social sector. The author focuses on software applications that are used for social good and that serve the needs of society. The author aims to bridge the knowledge gap between requirement engineers, industry, and users in order to help identify a diverse range of needs in the social sector (taking into account user crowd diversity in terms of technological competencies, geography, demographics, and behavioral and psychographic aspects). The book provides rigorous empirical studies and validates solutions that serve as a guide to the software engineering community, researchers, graduate students, and teachers. Provides interdisciplinary research in software engineering and the needs of the social sector, helping to increase success rates of society focused startups and applications Ideal for social entrepreneurs who can use the book for doing customer development with diverse users Establishes a new research line of social sector requirement engineering, taking into account user age, language, ability, and access

This book presents the multi-criteria approach to decision support, as well as the various multi-criteria tools to help avoid multi-objective optimization. The book is intended as a tool for understanding the multi-criteria tools for decision support and modeling in mathematical programming. It helps to structure models, to easily model complex constraints, to have a basic modeling guide for any multi-criteria system and to better understand models already existing in the literature. The book is structured in the same order as components of the methodology, established in a multi-criteria optimization problem. It introduces the elements of the actors, the decision-making activity under criteria, calculations, specifications and objective criterion.

Seaport Container Terminals (SCT) operate as central nodes in worldwide hub-and-spoke networks, and link ocean-going vessels with smaller feeder vessels, as well as with inbound and outbound hinterland transportation systems using road, rail, or inland waterways. The volume of transcontinental container flows has gained enormously over the last five decades frequently leading to double-digit annual growth rates for the SCT. The 2nd edition of the Handbook of Terminal Planning also deals with problems being induced by questions of terminal development on a long-term basis (strategic level). Facing present and upcoming challenges for SCT operation-such as more and more mega vessels, extremely high hinterland peaks, higher environmental standards, less public acceptance and the stronger competition between terminals serving the same hinterland-the focus of the book is on successful approaches and solutions primarily addressing the planning of terminal structures. Nevertheless, operational aspects are considered, as well as how they effectively contribute to problem solving on the strategic level.