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Books > Business & Economics > Business & management > Management & management techniques > Operational research
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Optimization in Industry - Volume 2, Industrial Applications (Paperback)
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Optimization in Industry - Volume 2, Industrial Applications (Paperback)
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The origin of any industrial optimization study lies in the theory
that some improvement can be made in a controllable system. The
possibility for improvements may arise in any context, for example,
in the control of a chemical plant, the organization of production
to meet delivery dates, the design of rubber compounds, in traffic
signal settings, and so on. In this volume, T. A. J. Nicholson
deals with applications of the industrial optimization techniques
demonstrated in the first volume of this two-part project,
Optimization in Industry: Optimization Techniques. Applications are
classified by their main functional areas in industrial planning,
design, and control. The fields covered are machine sequencing,
stock control and scheduling, plant renewal, distribution,
financial problems, and chemical process control and design. These
last two, in particular, are subjects often overlooked in
operations research curricula. In each field the place and status
of optimization techniques is first described and then a wide range
of realistic case studies and examples are reviewed, many of them
international. The problems given in this volume are primarily
concerned with formulation not with solution; the task is to
formulate the problems to be solved by one or more of the methods
described in volume one. By connecting the optimization techniques
with their applications, the gap between the people devising the
methods and the people who actually need to use them is bridged. As
with the first volume, this text is also supported by new exercises
and model answers making this book important as an introduction to
the application of optimization techniques for students as well as
a reference work for the practitioner.
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