Introduction to Optimization-Based Decision-Making

Joao Luis de Miranda

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English

Chapman & Hall/CRC
27 May 2024

Management decision making

Series: Chapman & Hall/CRC Series in Operations Research

The large and complex challenges the world is facing, the growing prevalence of huge data sets, and the new and developing ways for addressing them (artificial intelligence, data science, machine learning, etc.), means it is increasingly vital that academics and professionals from across disciplines have a basic understanding of the mathematical underpinnings of effective, optimized decision-making. Without it, decision makers risk being overtaken by those who better understand the models and methods, that can best inform strategic and tactical decisions.

Introduction to Optimization-Based Decision-Making provides an elementary and self-contained introduction to the basic concepts involved in making decisions in an optimization-based environment. The mathematical level of the text is directed to the post-secondary reader, or university students in the initial years. The prerequisites are therefore minimal, and necessary mathematical tools are provided as needed. This lean approach is complemented with a problem-based orientation and a methodology of generalization/reduction. In this way, the book can be useful for students from STEM fields, economics and enterprise sciences, social sciences and humanities, as well as for the general reader interested in multi/trans-disciplinary approaches.

Features

Collects and discusses the ideas underpinning decision-making through optimization tools in a simple and straightforward manner

Suitable for an undergraduate course in optimization-based decision-making, or as a supplementary resource for courses in operations research and management science

Self-contained coverage of traditional and more modern optimization models, while not requiring a previous background in decision theory

By: Joao Luis de Miranda
Imprint: Chapman & Hall/CRC
Country of Publication: United Kingdom
Dimensions: Height: 229mm, Width: 152mm,
Weight: 490g
ISBN: 9781032119779
ISBN 10: 1032119772
Series: Chapman & Hall/CRC Series in Operations Research
Pages: 241
Publication Date: 27 May 2024
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Forthcoming

João Luís de Miranda is Professor at ESTG-Escola Superior de Tecnologia e Gestão (IPPortalegre) and Researcher in Optimization methods and Process Systems Engineering (PSE) at CERENA-Centro de Recursos Naturais e Ambiente (IST/ULisboa). He has been teaching for more than twenty years in the field of Mathematics (e.g., Calculus, Operations Research-OR, Management Science-MS, Numerical Methods, Quantitative Methods, Statistics) and has authored/edited several publications in Optimization, PSE, and Education subjects in Engineering and OR/MS contexts. João Luís de Miranda is addressing the research subjects through international cooperation in multidisciplinary frameworks, and is serving on several boards/committees at national and European level.