Operations Research A Model-Based Approach
The book covers the standard models and techniques used in decision making in organizations. The main emphasis of the book is on modeling business-related scenarios and the generation of decision alternatives. Fully solved examples from many areas are use
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H.A. Eiselt • Carl-Louis Sandblom
Operations Research A Model-Based Approach Second Edition
H.A. Eiselt Faculty of Business Administration University of New Brunswick Fredericton New Brunswick Canada
Carl-Louis Sandblom Department of Industrial Engineering Dalhousie University Halifax Nova Scotia Canada
ISSN 2192-4333 ISSN 2192-4341 (electronic) ISBN 978-3-642-31053-9 ISBN 978-3-642-31054-6 (eBook) DOI 10.1007/978-3-642-31054-6 Springer Heidelberg New York Dordrecht London Library of Congress Control Number: 2012950872 # Springer-Verlag Berlin Heidelberg 2012 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Printed on acid-free paper Springer is part of Springer-ScienceþBusiness Media (www.springer.com)
“And there is so much more value in learning why a set of conditions exists than simply accepting those conditions and committing them to memory.” Ben Stein
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Preface
Since the 1960s, operations research (or, alternatively, management science) has become an indispensable tool in scientific management. In simple words, its goal on the strategic and tactical levels is to aid in decision making and, on the operational level, automate decision making. Its tools are algorithms, procedures that create and improve solutions to a point at which optimal or, at least, satisfactory solutions have bee
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