Applications of Management Science

by Kenneth D. Lawrence (Editor), Dinesh R. Pai (Editor)

Overview

Applications of Management Science showcases current studies in the application of management science, contributing to the solution of significant managerial decision-making problems. To those involved in the applications of multi-criteria decision making, data envelopment analysis, and decision making, in a realistic managerial problem-solving environment through the use of state-of-the-art management science modeling, this is a must read.

The research presented by academics in Volume 13 significantly aids in the deconstruction of managerial decision-making problems with management science methodologies. Specifically focusing on the applications of management science methodologies data envelopment analysis and multi-criteria decision making, this collection is split into three sections: Data Envelopment Analysis, Optimization Modeling, Business Analytical Modeling.

Applications of Management Science is core for those academics, researchers, and practitioners of management science in mitigating significant managerial decision-making problems, for both the public and the private sectors.

Product Details

ISBN-13:	9781838670016
Publisher:	Emerald Publishing Limited
Publication date:	09/11/2020
Series:	Applications of Management Science , #20
Pages:	256
Product dimensions:	5.98(w) x 9.02(h) x (d)

About the Author

Kenneth Lawrence, PhD, is a Professor of Management Science and Business Analytics at the Tuchman School of Management at the New Jersey Institute of Technology. Dr. Lawrence’s professional employment includes over 20 years of technical management experience with AT&T as Director, Decision Support Systems and Marketing Demand Analysis, Hoffmann-La Roche, Inc., Prudential Insurance, and the U. S. Army in forecasting, marketing planning and research, statistical analysis and operations research.
Gary Kleinman is a Professor of Accounting at the Feliciano School of Business at Montclair State University. He has taught auditing and many other accounting courses for many years at both undergraduate and masters levels. He has a CPA license and obtained his PhD from Rutgers University, Newark, NJ. In addition, Dr. Kleinman has an extensive research background, writing about auditing, auditor judgment, auditor independence, auditor behavior and statistical sampling in auditing.

Table of Contents

List of Contributros xi

Editoral Board xiii

Section A Data Envelopment Anaysis and Efficiency

A Two-Stage Dea Spproach with Feedback for team Performance Evaluation Yong Zha Xixiang Ding Liang Liang Zhimin Huang 3

Efficiency in Public Higher Education Systems: A Statewide Comparison Using Data Envelopment Analysis Daniel G. Shimshak Janet M. Wagner 19

Benchmarking the Operating Efficiency of us Airlines Rashmi Malhotra 41

A Dea-Based Multidimensional Framework for Analyzing Indian Commerical Banks Rashmi Malhotra Raymond R. Poteau D. K. Malhotra 61

Section B Supply Chain and Quality Applications

Cooperative Public Service Advertising Strategies for a Supply Chain System Yi He Qinglong Gou Liang Liang Zhimin Huang Rakesh Gupta 89

Optimal Management of Reverse Supply Chainswith Sensor-Embedded End-of-Life Prtoducts Onder Ondemir Surendra M. Gupta 109

Process Quality Management and Multiple Response Design Models for the Manufacture of Semiconductors John F. Kros

Optimal Selection of Contracts for Supply Chain Coordination Under Decision Hierarchy Chanaka Edirisinghe Bogdan Bichescu Xinjie Shi 151

Section C Multi-Criteria Application

Multi-Criteria Performance Measurement for Public and Private Sector Enterprises Patrick T. Hester Thomas J. Meyers 183

Two-Dimensional Warranty Policies-Decision Making Under Mulitiple Objectives Amitava Mitra Jayprakash G. Patankar 207

A Multiple Criteria Model to Creating Teams Ronald K Klimberg George P. Sillup Kevin Boyle Ira Yermish 229

Section D Financial Applications

An Evaluation of Country Risk in Assessing Direct Foreign Investment Karen M. Hogan Amy F. Upton Gerard T. Olson 251

Conditional Value-At-Risk VS. Value-At-Risk to Multi-Objective Portfolio Optimization Bartosz T. Sawik 277

A Meta-Goal Programming Model for Asset Allocation of Mutual Funds Under the Mean Abbsolute Deviation Kenneth D. Lawrence Dinesh R. Pai Sheila M. Lawrence 307

Editorial Reviews

This volume covers managerial applications of data envelopment analysis, applications of multicriteria optimization, and applications of management decision making. Among the topics are an empirical analysis of the performance of residential real estate investment funds, evaluating the impact of advertising on sales and profitability in the apparel industry, a linear physical programming approach for evaluating collection centers for end-of-life products, a weighted-sum approach for bi-objective optimization of fleet size with environmental aspects, and Chinese drywall: a systemic decision-making approach.

Annotation ©2018

Nine studies in this year's volume cover multi-criteria optimization, applications of optimization, and supply chain management. Among specific topics are multi-objective traveling salesman and transportation problems with environmental aspects, selecting multi-criteria green vehicle routing problems, optimal process parameters for multiple characteristics with several objectives, an integer programming solution to the folding carton printing plate layout problem, and coordinating supply chains with fairness concerns using option contracts.

Annotation ©2017 Ringgold Inc.

Nine studies in this year's volume cover multi-criteria optimization, applications of optimization, and supply chain management. Among specific topics are multi-objective traveling salesman and transportation problems with environmental aspects, selecting multi-criteria green vehicle routing problems, optimal process parameters for multiple characteristics with several objectives, an integer programming solution to the folding carton printing plate layout problem, and coordinating supply chains with fairness concerns using option contracts.

Annotation ©2017 Ringgold Inc.