Optimal Decision Making in Operations Research and Statistics : Methodologies and Applications book cover
1st Edition

Optimal Decision Making in Operations Research and Statistics
Methodologies and Applications

  • Available for pre-order. Item will ship after August 30, 2021
ISBN 9780367618759
August 30, 2021 Forthcoming by CRC Press
540 Pages 8 Color & 90 B/W Illustrations

SAVE ~ $34.00
was $170.00
USD $136.00

Prices & shipping based on shipping country


Book Description

The book provides insights in the decision-making for implementing strategies in various spheres of real-world issues. It integrates optimal policies in various decision-making problems and serves as a reference for researchers and industrial practitioners. Furthermore, the book provides sound knowledge of modelling of real-world problems and solution procedure using the various optimisations and statistical techniques for making optimal decisions. The book is meant for teachers, students, researchers and industrialists who are working in the field of materials science, especially operations research and applied statistics.

Table of Contents

A new version of the generalized Rayleigh distribution with Copula properties, applications and different methods of estimation

M. Masoom Ali, Haitham M. Yousof and Mohamed Ibrahim

Expanding the Burr X Model: Properties, Copula, Real Data Modeling and Different Methods of Estimation

M. Masoom Ali, Mohamed Ibrahim, and Haitham M. Yousof

The transmuted Burr type X distribution with applications to lifetime data

Tabassum Naz Sindhu, Zawar Huassian and Muhammad Aslam

Monitoring Patients Blood Level through Enhanced Control Chart

Muhammad Aslam, Khushnoor Khan and Nasrullah Khan

Goodness of Fit in Parametric and Non-Parametric Econometric Models

Shalabh, Subhra Sankar Dhar and N. Balakrishna

Stochastic Models for Cancer Progression and Optimal Programming for its Control with Chemotherapy

Tirupathi Rao Padi

A New Unrelated Question Model With Two Questions Per Card

Tonghui Xu, Stephen A. Sedory and Sarjinder Singh

Hybrid Of Simple Model And A New Unrelated Question Model For Two Sensitive Characteristics

Renhua Zheng, Stephen A. Sedory and Sarjinder Singh

Hybrid Of Crossed Model And A New Unrelated Question Model For Two Sensitive Characteristics

Renhua Zheng, Stephen A. Sedory and Sarjinder Singh

Modified Regression Type Estimator By Ingeniously Utilizing Probabilities For More Efficient Results In Randomized Response Sampling

Roberto Arias, Stephen A. Sedory and Sarjinder Singh

Ratio And Regression Type Estimators For A New Measure Of Coefficient Of Dispersion Relative To The Empirical Mode

Christin Variathu Eappen, Stephen A. Sedory and Sarjinder Singh

Class of Exponential Ratio Type Estimator for Population Mean in Adaptive Cluster Sampling

Akingbade Toluwalase Janet, and Balogun Oluwafemi Samson

An Inventory Model for Substitutable Deteriorating Products under Fuzzy and Cloud Fuzzy Demand Rate

Nita H. Shah, and Milan B. Patel

Co-ordinated Selling Price and Replenishment Policies for Duopoly Retailers under Quadratic Demand and Deteriorating Nature of Items

Nita H. Shah and Monika K. Naik

Quadratic programming approach for optimal multi-objective transportation Problem

Masar Al-Rabeeah, Ali Al-Hasani and M.G.M. Khan

Analyzing Multi-Objective Fixed-Charge Solid Transportation Problem under Two-Fold Uncertain Environment

Sudipta Midya and Sankar Kumar Roy

Overall Shale Gas Water Management: A Neutrosophic Optimization Approach

Ahmad Yusuf Adhami, Firoz Ahmad and Nahida Wani

Memory Effect in EOQ Model with Price Depended Demand and Deterioration

Mostafijur Rahaman, Sankar Prasad Mondal and Shariful Alam

On Unconstrained Optimization Problem with Interval-Valued Objective Function in Parametric Form: Its Optimality Analysis via Interval Order Relation

Md Sadikur Rahman, and Ashok Kumar Bhunia

Power Comparison of Different Goodness of Fit Tests for Beta Generalized Weibull Distribution

Kanchan Jain, Neetu Singla and Suresh K. Sharma

On the Transmuted Modified Lindley Distribution: Theory and Applications to Lifetime Data

Lishamol Tomy, Christophe Chesneau and Jiju Gillariose

Adjusted bias and risk for estimating treatment effect after selection with an application in Idiopathic Osteoporosis

Omer Abdalghani, Mohd. Arshad, K. R. Meena and A.K. Pathak

Validity judgement of an EOQ model using Phi-coefficient

Suman Mait, Sujit Kumar De, Madhumangal Pal and Sankar Prasad Mondal

Uncertain Chance-Constrained Multi-Objective Geometric Programming Problem

Sahidul Islam

Optimal Decision Making for the Prediction of Diabetic Retinopathy in Type 2 Diabetes Mellitus Patients

Faiz Noor Khan Yusufi, Nausheen Hashmi, Aquil Ahmed and Jamal Ahmad

View More



Dr. Irfan Ali currently works at the Department of Statistics and Operations Research, Aligarh Muslim University. He did his B.Sc., M.Sc., M. Phil., and PhD from the Aligarh Muslim University. He was awarded by Post Graduate Merit Scholarship during M.Sc. (Statistics) and UGC-BSR Scholarship awarded during PhD (Statistics). He researches on various topics: Transportation Problems, Fuzzy Optimization, Applied Statistics, Survey Sampling, Supply Chain Networks and Management, Mathematical Programming, Multi-objective Optimization. He has supervised two M. Phil., and one PhD in Operations Research. He has completed a research project 'UGC- Start-Up Grant Project, UGC New Delhi, INDIA. He has published more than 65 research papers in reputed journals, and also serves as a reviewer for several journals. He is a life member of various professional society: Operational Research Society of India, Indian Society for Probability and Statistics, Indian Mathematical Society and The Indian Science Congress Association. He also serves associate editor in some journals.

Prof. Leopoldo Eduardo Cárdenas-Barrón received the B.S. degree in industrial and systems engineering, the M.S. degree in manufacturing systems, the M.S. degree in Industrial Engineering, a PhD in Industrial Engineering; all degrees from Tecnológico de Monterrey. In 1996, Leopoldo Eduardo Cárdenas-Barrón joined the Industrial and Systems Engineering Department at Tecnológico de Monterrey, where he was appointed to Assistant Professor in 1997, Associate Professor in 2001, and Professor in 2007. At present, he is a researcher of the research group in Optimization and Data Science. He is a member of the Mexican Research National System since 2015. His research activities include inventory theory, optimization and supply chain. He has published 114 papers in JCR journals. His academic and research leadership at Tecnológico de Monterrey has been awarded with several awards such as Teaching and Research Award in 2007, Rómulo Garza Prize for Research and Technology Development in 2011, and the award to the "professor who left a mark" from the Community of Former Students of Tecnológico de Monterrey, in 2013.

Prof. Aquil Ahmed did his M.Sc.& M.Phil from A.M.U. Aligarh and PhD from the University of Roorkee (Presently I.I.T.Roorkee). He has served the Department of Statistics, The University of Kashmir for more than 26 years. He has guided eight PhD scholars and published more than 90 research papers in international and national Journals. Prof. Ahmed is the Founder Head, Department of Statistics, University of Kashmir, Srinagar and functioned as the Dean, Faculty of Physical & Material Sciences. He has been Member of University Council (the highest decision-making body of Kashmir University), Chairman, Board of Studies in Statistics and member of various Academic Bodies, University of Kashmir, Srinagar. He has also worked as a Professor of Statistics at the Qassim University, Saudi Arabia for two and a half years (Dec.2008 to June 2011). Prof. Ahmed has organised three International Conferences and several Workshops on Research Methodology and delivered invited talks and special lectures in Academic Staff Colleges and the Departments of several Universities across the country on Research Methodology, Optimization and Statistics Using Software Packages (SPSS and MINITAB). He Visited Asian Institute of Technology as a Visiting Professor of decision science, at the Asian Institute of Technology, Pathumthani, Bangkok, Thailand under MHRD Programme, during 2016. Professor Ahmed is an Associate Editor of ISPS Journal (Springer) and is also Vice President of Indian Society for Probability & Statistics.

Dr. Ali Akbar Shaikh is currently working as an Assistant Professor in Mathematics at The University of Burdwan, Burdwan, West Bengal, India. He was a postdoctoral fellow at School of Engineering and Sciences of Tecnológico de Monterrey, México. He has obtained the award SNI of level 1 (out of 0-3) given by National System of Researchers of México from the government of México in the year 2017. He obtained MSc in Applied Mathematics from University of Kalyani, India, MPhil and PhD in Mathematics from the University of Burdwan, India. Dr. Shaikh has published 40 research papers in different peer-reviewed and JCR international journals. His research interests include inventory control theory, interval optimisation and Particle Swarm Optimization.