Handbook of Markov Chain Monte Carlo

Handbook of Markov Chain Monte Carlo
Author: Steve Brooks
Publisher: CRC Press
Total Pages: 620
Release: 2011-05-10
Genre: Mathematics
ISBN: 1420079425


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Since their popularization in the 1990s, Markov chain Monte Carlo (MCMC) methods have revolutionized statistical computing and have had an especially profound impact on the practice of Bayesian statistics. Furthermore, MCMC methods have enabled the development and use of intricate models in an astonishing array of disciplines as diverse as fisherie

Global Supply Chain Management and International Logistics

Global Supply Chain Management and International Logistics
Author: Alan E. Branch
Publisher: Routledge
Total Pages: 187
Release: 2008-12-19
Genre: Business & Economics
ISBN: 1134150962


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The development of international trade is driven by international logistics and management and the provision of the global supply chain. The ultimate objective of global supply chain management is to link the market place, distribution network, manufacturing/processing/assembly process, and procurement activity in such a way that customers are serviced at a higher level yet lower cost. Overall this has introduced a new breed of management in a computer literate environment operating in a global infrastructure. Addressing this complex topic, Alan Branch's new book fulfills two clear objectives: to provide a concise, standard work on the subject, written in lucid language that embraces all the ingredients of a notoriously complex subject with a strategic focus to extol best practices and focus on all areas of the industrial and consumer sectors and their interface with changing international market needs. Until now, no book dedicated to international logistics and supply chain management was available. Practically-oriented, this book features numerous case studies and diagrams from logistic operators. An ideal resource for management students, academics and managers who need a succinct treatment of global operations, Branch's book skillfully illustrates his ideas in practice. It is a book which should be on the shelf of every practitioner and student of the subject. Also available from Routledge: Elements of Shipping, Eighth Edition, Alan E. Branch. (978-0-415-36286-3) Maritime Economics: Management and Marketing, Alan E. Branch. (978-0-748-73986-8)

Introduction to the Numerical Solution of Markov Chains

Introduction to the Numerical Solution of Markov Chains
Author: William J. Stewart
Publisher: Princeton University Press
Total Pages: 561
Release: 2021-01-12
Genre: Mathematics
ISBN: 0691223386


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A cornerstone of applied probability, Markov chains can be used to help model how plants grow, chemicals react, and atoms diffuse--and applications are increasingly being found in such areas as engineering, computer science, economics, and education. To apply the techniques to real problems, however, it is necessary to understand how Markov chains can be solved numerically. In this book, the first to offer a systematic and detailed treatment of the numerical solution of Markov chains, William Stewart provides scientists on many levels with the power to put this theory to use in the actual world, where it has applications in areas as diverse as engineering, economics, and education. His efforts make for essential reading in a rapidly growing field. Here Stewart explores all aspects of numerically computing solutions of Markov chains, especially when the state is huge. He provides extensive background to both discrete-time and continuous-time Markov chains and examines many different numerical computing methods--direct, single-and multi-vector iterative, and projection methods. More specifically, he considers recursive methods often used when the structure of the Markov chain is upper Hessenberg, iterative aggregation/disaggregation methods that are particularly appropriate when it is NCD (nearly completely decomposable), and reduced schemes for cases in which the chain is periodic. There are chapters on methods for computing transient solutions, on stochastic automata networks, and, finally, on currently available software. Throughout Stewart draws on numerous examples and comparisons among the methods he so thoroughly explains.

Selected Topics on Continuous-time Controlled Markov Chains and Markov Games

Selected Topics on Continuous-time Controlled Markov Chains and Markov Games
Author: Tomas Prieto-Rumeau
Publisher: World Scientific
Total Pages: 292
Release: 2012
Genre: Mathematics
ISBN: 1848168497


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This book concerns continuous-time controlled Markov chains, also known as continuous-time Markov decision processes. They form a class of stochastic control problems in which a single decision-maker wishes to optimize a given objective function. This book is also concerned with Markov games, where two decision-makers (or players) try to optimize their own objective function. Both decision-making processes appear in a large number of applications in economics, operations research, engineering, and computer science, among other areas. An extensive, self-contained, up-to-date analysis of basic optimality criteria (such as discounted and average reward), and advanced optimality criteria (e.g., bias, overtaking, sensitive discount, and Blackwell optimality) is presented. A particular emphasis is made on the application of the results herein: algorithmic and computational issues are discussed, and applications to population models and epidemic processes are shown. This book is addressed to students and researchers in the fields of stochastic control and stochastic games. Moreover, it could be of interest also to undergraduate and beginning graduate students because the reader is not supposed to have a high mathematical background: a working knowledge of calculus, linear algebra, probability, and continuous-time Markov chains should suffice to understand the contents of the book.

Supply Chain Management and Advanced Planning

Supply Chain Management and Advanced Planning
Author: Hartmut Stadtler
Publisher: Springer Science & Business Media
Total Pages: 556
Release: 2007-10-25
Genre: Business & Economics
ISBN: 3540745122


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With a wealth of updated material, rewritten chapters and additional case studies, this fourth edition of a hugely important work gives a broad and up-to-date overview of the concepts underlying APS. Special emphasis is given to modeling supply chains and implementing APS successfully in industrial contexts. What’s more, readers’ understanding is enhanced by several case studies covering a wide range of industrial sectors. What makes this book so crucial is that Supply Chain Management, Enterprise Resources Planning (ERP), and Advanced Planning Systems (APS) are concepts that must be mastered in order to organize and optimize the flow of goods, materials, information and funds. Here, leading experts provide insights into the concepts underlying APS.

Single-Chain Polymer Nanoparticles

Single-Chain Polymer Nanoparticles
Author: José A. Pomposo
Publisher: John Wiley & Sons
Total Pages: 312
Release: 2017-08-18
Genre: Technology & Engineering
ISBN: 3527806393


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This first book on this important and emerging topic presents an overview of the very latest results obtained in single-chain polymer nanoparticles obtained by folding synthetic single polymer chains, painting a complete picture from synthesis via characterization to everyday applications. The initial chapters describe the synthetics methods as well as the molecular simulation of these nanoparticles, while subsequent chapters discuss the analytical techniques that are applied to characterize them, including size and structural characterization as well as scattering techniques. The final chapters are then devoted to the practical applications in nanomedicine, sensing, catalysis and several other uses, concluding with a look at the future for such nanoparticles. Essential reading for polymer and materials scientists, materials engineers, biochemists as well as environmental chemists.

Supply Chain Management

Supply Chain Management
Author: Ernst Kurzmann
Publisher: BoD – Books on Demand
Total Pages: 358
Release: 2020-10-12
Genre: Business & Economics
ISBN: 3752651903


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Products and services are the result of the complex interaction of many individual value creators. Every enterprise has business connections with other participants of the supply chain suppliers, service providers, end customers. Supply chain management is the radical orientation of all activities along the value-added chain towards customer benefit. The individual links of the supply chain typically are legally independent entities looking for the respective optimum for their companies. It is a fact, however, that the total of many individual optima does not guarantee an overall optimum output. This is precisely where Supply Chain Management sets in: coordination along the whole supply chain to improve the overall performance and the overall costs to the benefit of everyone involved.

Data Analytics for Supply Chain Networks

Data Analytics for Supply Chain Networks
Author: Niamat Ullah Ibne Hossain
Publisher: Springer Nature
Total Pages: 264
Release: 2023-06-22
Genre: Business & Economics
ISBN: 3031298233


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The objective of the book is to adopt the application of data analytics to enhance the sustainability and resilience of the green supply chain networks. To demonstrate the applicability and usefulness of the method, the book adopts different data analytic models and approaches against the backdrop of case studies. In summary, this book attempts to address the question of methods, tools, and techniques that can be used to create resilient, anti-fragile, reliable, and invulnerable green supply chain networks.

Supply Chain Project Management

Supply Chain Project Management
Author: James B. Ayers
Publisher: CRC Press
Total Pages: 398
Release: 2003-08-26
Genre: Business & Economics
ISBN: 0203501470


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SCM doesn't change management goals, but relies on new knowledge, practices, and skills to better achieve those goals. Going it alone, without collaborating with supply chain partners, is a dead-end strategy. Without a doubt, effective supply chains will be the product of successful application of project management disciplines coupled with innovat

Supply Chain Coordination Mechanisms

Supply Chain Coordination Mechanisms
Author: Martin Albrecht
Publisher: Springer Science & Business Media
Total Pages: 227
Release: 2009-09-18
Genre: Business & Economics
ISBN: 3642028330


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Integrated supply chain planning is well understood by theory and widely applied in practice – however, only with respect to intra-organisational supply chains. In inter-organisational supply chains, an additional, yet unresolved problem arises: due to confidentiality reasons, decentralized parties keep their local data private, which prevents an integrated planning. Local planning procedures such as upstream planning, which are usually applied then, result in suboptimal solutions for the supply chain as a whole. In this work, new mechanisms for inter-organizational, collaborative supply chain planning are presented. These mechanisms are able to identify the systemwide optimum for several classes of supply chain planning problems. They can be applied by two or more self-interested parties and do not require a trusted third party. Extensive computational tests for randomly generated and real-word data suggest a favorable performance of these mechanisms.