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Optimal Decision Making in Operations Research and Statistics: Methodologies and Applications

Optimal Decision Making in Operations Research and Statistics: Methodologies and Applications

Hardcover

Business GeneralProbability & Statistics

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ISBN10: 0367618753
ISBN13: 9780367618759
Publisher: Crc Pr Inc
Published: Nov 30 2021
Pages: 428
Language: English

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.

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