3,025,960 research outputs found

    Operations Research Games: A Survey

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    This paper surveys the research area of cooperative games associated with several types of operations research problems in which various decision makers (players) are involved.Cooperating players not only face a joint optimisation problem in trying, e.g., to minimise total joint costs, but also face an additional allocation problem in how to distribute these joint costs back to the individual players.This interplay between optimisation and allocation is the main subject of the area of operations research games.It is surveyed on the basis of a distinction between the nature of the underlying optimisation problem: connection, routing, scheduling, production and inventory.cooperative games;operational research

    Operations research in consumer finance: challenges for operational research

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    Consumer finance has become one of the most important areas of banking both because of the amount of money being lent and the impact of such credit on the global economy and the realisation that the credit crunch of 2008 was partly due to incorrect modelling of the risks in such lending. This paper reviews the development of credit scoring,-the way of assessing risk in consumer finance- and what is meant by a credit score. It then outlines ten challenges for Operational Research to support modelling in consumer finance. Some of these are to developing more robust risk assessment systems while others are to expand the use of such modelling to deal with the current objectives of lenders and the new decisions they have to make in consumer financ

    From Predicting Solar Activity to Forecasting Space Weather: Practical Examples of Research-to-Operations and Operations-to-Research

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    The successful transition of research to operations (R2O) and operations to research (O2R) requires, above all, interaction between the two communities. We explore the role that close interaction and ongoing communication played in the successful fielding of three separate developments: an observation platform, a numerical model, and a visualization and specification tool. Additionally, we will examine how these three pieces came together to revolutionize interplanetary coronal mass ejection (ICME) arrival forecasts. A discussion of the importance of education and training in ensuring a positive outcome from R2O activity follows. We describe efforts by the meteorological community to make research results more accessible to forecasters and the applicability of these efforts to the transfer of space-weather research.We end with a forecaster "wish list" for R2O transitions. Ongoing, two-way communication between the research and operations communities is the thread connecting it all.Comment: 18 pages, 3 figures, Solar Physics in pres

    Why doesn't operations management research deliver?

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    The web site of EPSRC states: “Manufacturing operations management research is a key component for successful portfolio in Manufacturing Research; however, this area needs attention to ensure that it is delivering.” Indeed, problems regarding industrial relevance and theoretical progress of operations management have been widely observe

    Operations research in passenger railway transportation

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    In this paper, we give an overview of state-of-the-art OperationsResearch models and techniques used in passenger railwaytransportation. For each planning phase (strategic, tactical andoperational), we describe the planning problems arising there anddiscuss some models and algorithms to solve them. We do not onlyconsider classical, well-known topics such as timetabling, rollingstock scheduling and crew scheduling, but we also discuss somerecently developed topics as shunting and reliability oftimetables.Finally, we focus on several practical aspects for each of theseproblems at the largest Dutch railway operator, NS Reizigers.passenger railway transportation;operation research;planning problems

    Operations research

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    Робоча программа Дослідження операцій для студентів галузі знань 0402 «Фізико-математичні науки», напряму підготовки 6.040201 «Математика».Рабочая программа Исследование операций для студентов области знаний 0402 «Физико-математические науки», направления подготовки 6.040201 «Математика».Operations Research Programs Working student branch of knowledge 0402 "Physics and mathematics" training direction 6.040201 "Mathematics"

    Air Force Cambridge Research Laboratories balloon operations

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    The establishment and functions of the AFCRL balloon operations facility are discussed. The types of research work conducted by the facility are defined. The facilities which support the balloon programs are described. The free balloon and tethered balloon capabilities are analyzed

    Environmental operations strategies: European approaches and research challenges

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    Since the environment has very recently emerged as a strategic issue, work has only begun to investigate the conceptual linkages between strategic management and the environment. A thoroughly revision of both academic and professional literature evidences that such scarcity of research doubles, or even trebles, when the scenery of the European Operations Management Strategies is considered. The main objective of this paper is, therefore, to discuss the impact of the design of the environmental management strategy on the formulation of the Operations Strategy and its implementation. Since the majority of the literature has neglected to focus the European approaches to such formulation, we will try to overcome this gap by analysing a sample of 2882 European companies
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