Operations Research, Systems Engineering and Industrial Engineering Commons^™

Abmscore: A Heuristic Algorithm For Forming Strategic Coalitions In Agent-Based Simulation, Andrew J. Collins, Gayane Grigoryan

Engineering Management & Systems Engineering Faculty Publications

Integrating human behavior into agent-based models has been challenging due to its diversity. An example is strategic coalition formation, which occurs when an individual decides to collaborate with others because it strategically benefits them, thereby increasing the expected utility of the situation. An algorithm called ABMSCORE was developed to help model strategic coalition formation in agent-based models. The ABMSCORE algorithm employs hedonic games from cooperative game theory and has been applied to various situations, including refugee egress and smallholder farming cooperatives. This paper discusses ABMSCORE, including its mechanism, requirements, limitations, and application. To demonstrate the potential of ABMSCORE, a new …

The Future Of Enterprise Information Systems, Ali Sunyaev, Tobias Dehling, Susanne Strahringer, Li Da Xu, Martin Heinig, Michael Perscheid, Rainer Alt, Matti Rossi

Information Technology & Decision Sciences Faculty Publications

[First paragraph] Enterprise information systems (EIS) have been important enablers of crossfunctional processes within businesses since the 1990s. Often referred to as enterprise resource planning (ERP) systems, they were extended in line with electronic businesses to integrate with suppliers as well as customers. Today, EIS architectures comprise not only ERP, supply chain, and customer relationship management systems, but also business intelligence and analytics. Recently, the move towards decentralized technologies has created new perspectives for EIS. Information systems (IS) research has already addressed opportunities and challenges of these developments quite well, but what will be the pressing opportunities and challenges for …

Macroeconomic Aspects Of Maintenance Optimization Of Critical Infrastructures, S. A. Timashev, A. V. Bushinskaya

Engineering Management & Systems Engineering Faculty Publications

The main goal of maintenance is prevention, timely detection and elimination of failures and damage. From the point of view of critical infrastructures (CIs), the main purpose of their maintenance is to increase the safety of CIs and / or to ensure life safety. CIs should be optimal in terms of their purpose, cost, as a source of income and profit at all stages of their life cycle, and also acceptable in terms of possible loss of human lives or injuries. The paper considers the assessment of necessary optimal investments in the maintenance (time interval between subsequent maintenance), to increase …

Hedonic Games And Monte Carlo Simulation, Sheida Etemadidavan, Andrew J. Collins

Engineering Management & Systems Engineering Faculty Publications

Hedonic games have applications in economics and multi-agent systems where the grouping preferences of an individual is important. Hedonic games look at coalition formation, amongst the players, where players have a preference relation over all the coalition. Hedonic games are also known as coalition formation games, and they are a form of a cooperative game with a non-transferrable utility game. Some examples of hedonic games are stable marriage, stable roommate, and hospital/residence problem. The study of hedonic games is driven by understanding what coalition structures will be stable, i.e., given a coalition structure, no players have an incentive to deviate …

Modeling The Economic Machine Using Bayesian Inference And Statistical Networks, And Optimal Portfolio Construction Using Operations Research, Richard Yang

ENGS 88 Honors Thesis (AB Students)

In this paper, we propose a network-based model to attempt to connect modern macroeconomic theory with real world economic observations and trends. We find that by extending macroeconomic theory with credit leveraging/deleveraging thresholds, we are able to explain economic cycles in addition to long-term growth. Furthermore, we specifically explore the growth-inflation view of the macro economy as a basis for optimal portfolio construction and efficient asset trading. Connecting our network-based macroeconomic model and our optimal portfolio construction algorithm, we create a novel macroeconomic asset-trading framework.

Natural Resources Governance Employing Blockchain-Based Decision-Making, Farinaz Sabz Ali Pour, Adrian Gheorghe

Engineering Management & Systems Engineering Faculty Publications

Natural resources are essential structures of socio-economic systems which shape the well-being of humanity, environment, and the economy. Human actions have become the critical responsibility for environmental changes and pressuring many planetary boundaries. Having a systematic approach can provide a governance platform including the inherent characteristics of the resource, the historically established form of use, and transaction costs. A natural resource governance framework is developed by applying Blockchain technology as the primary goal of this study to regulate and manage the extraction and trades. Blockchain technology provides a distributed concurrency monitoring system for sustainable resource management. Persistent and pervasive cooperation …

Overview Of Smart Manufacturing In West Virginia, Thorsten Wuest, Patrick Schmid, Brian Lego, Eric Bowen

Bureau of Business & Economic Research

The manufacturing sector is currently reinventing itself by embracing the opportunities offered by the industrial internet, automation, and machine learning, just to name a few. This development is commonly referred to as the Fourth Industrial Revolution or Smart Manufacturing. While Smart Manufacturing can be observed around the globe, there are distinct differences in how it is adopted and embraced between countries, industries, and companies of different sizes. Small- and medium-sized manufacturers are generally understood as the backbone of the manufacturing sector. However, these manufacturers face specific challenges when it comes to the transition toward Smart Manufacturing. This report presents the …

The Long Term Effects Of An Aging Fleet On Operational Availability And Cost: Evidence From The Us Coast Guard, Christopher W. Lavin, Robert M. Mcnab, Ryan S. Sullivan

Economics Faculty Publications

This paper empirically examines whether the aging of a fleet affects operational availability and operating cost using a unique data-set on the 117 47-foot Motor Lifeboats (MLBs) of the United States Coast Guard (USCG). Procured from 1997 to 2003, the 47-foot MLB is the standard lifeboat of the USCG and all 117 MLBs remain in service. The aging of the MLB fleet has resulted in higher annual operating costs and lower operational availability, although the nature of this relationship remains unclear. Our estimation strategy utilizes an error components estimator to examine these issues. We employ three variants of the dependent …

Cloud Computing, Contractibility, And Network Architecture, Christopher S. Yoo

All Faculty Scholarship

The emergence of the cloud is heightening the demands on the network in terms of bandwidth, ubiquity, reliability, latency, and route control. Unfortunately, the current architecture was not designed to offer full support for all of these services or to permit money to flow through it. Instead of modifying or adding specific services, the architecture could redesigned to make Internet services contractible by making the relevant information associated with these services both observable and verifiable. Indeed, several on-going research programs are exploring such strategies, including the NSF’s NEBULA, eXpressive Internet Architecture (XIA), ChoiceNet, and the IEEE’s Intercloud projects.

A System Dynamics Model For Simulating Ambulatory Health Care Demands, Rafael Diaz, Joshua G. Behr, Mandar Tulpule

VMASC Publications

Introduction: This article demonstrates the utility of the system dynamics approach to model and simulate US demand for ambulatory health care service both for the general population and for specific cohort subpopulations over the 5-year period, from 2003 to 2008. A system dynamics approach that is shown to meaningfully project demand for services has implications for health resource planning and for generating knowledge that is critical to assessing interventions.

Methods: The study uses a cohort-component method in combination with structural modeling to simulate ambulatory health care utilization. Data are drawn from the National Ambulatory Medical Care Survey and the National …

Securing Access To Lower-Cost Talent Globally: The Dynamics Of Active Embedding And Field Structuration, Stephan Manning, Joerg Sydow, Arnold Windeler

Management and Marketing Faculty Publication Series

This article examines how multinational corporations (MNCs) shape institutional conditions in emerging economies to secure access to high-skilled, yet lower-cost science and engineering talent. Based on two in-depth case studies of engineering offshoring projects of German automotive suppliers in Romania and China we analyze how MNCs engage in ‘active embedding’ by aligning local institutional conditions with global offshoring strategies and operational needs. MNCs thereby contribute to the structuration of field relations and practices of sourcing knowledge-intensive work from globally dispersed locations.Our findings stress the importance of institutional processes across geographic boundaries that regulate and get shaped by MNC activities.

The Effects Of Congressional Elections On Future Equity Market Returns, Vincent Louis Ovlia, David Lee Enke, Michael C. Davis

Engineering Management and Systems Engineering Faculty Research & Creative Works

As the primary entity responsible for new legislation, Congress is capable of enacting legislation that may affect future market returns. To examine potential effects, the percentage of the House of Representatives and Senate controlled by a political party is examined. Additionally, the effect on returns in a change in the percentage of seats gained or lost in Congressional elections is analyzed. To test both theories, a modified “partisan view” model is adopted. Results point to the fact that equity markets perform better in situations in which power is distributed between political parties.

Modeling Of Commercial Maritime Port Recoverability From Security Disruptions: Work-In-Progress, C. Ariel Pinto, Wayne K. Talley

Engineering Management & Systems Engineering Faculty Publications

This article describes active research in commercial maritime port's recovery from security disruptions which explores the synergy of economic and simulation models in investigating the recoverability of ports after security incidents. Previous study has identified decision variables and throughput simulation models of port operation. However, none of these models have been utilized to investigate port's recovery from a security disruption and in evaluating recoverability investments. The method of research includes analysis of recorded disruptions, identification of impediments to recovery and investment criteria for recoverability. This article provides managers insight into including security and continuity of operation in managing various types …

Approximation Model Building For Reliability & Maintainability Characteristics Of Reusable Launch Vehicles, Resit Unal, W. Douglas Morris, Nancy H. White, Roger A. Lepsch, Richard W. Brown

Engineering Management & Systems Engineering Faculty Publications

This paper describes the development of parametric models for estimating operational reliability and maintainability characteristics for reusable launch vehicle concepts, based on vehicle size and technology support level. A reliability and maintainability analysis tool (RMAT) and response surface methods are utilized to build parametric approximation models for rapidly estimating operational reliability and maintainability characteristics such as mission completion reliability. These models that approximate RMAT, can then be utilized for fast analysis of operational requirements, for lifecycle cost estimating and for multidisciplinary design optimization.

Telecommunications And Its Practical Application, Athol, Massachusetts, Center For Economic Development

Center for Economic Development Technical Reports

Rural areas have been experiencing a transition in their economic and social structure. Traditional industries such as agriculture, manufacturing, and resource extraction have been declining. The result has been a displacement of labor in rural areas and instability within rural economies. Upwards of three quarters of rural counties have experienced outmigration in the last decade. Per capita income in rural areas is only two-thirds that of their urban counterparts, and rural poverty rates exceed those in urban areas. Rural areas have traditionally considering how the quality of their education, health, and government services can be incorporated into their overall development …

Rebirth Of The Downtown Industrial District--Key To Revitalization, Chester Smolski

Smolski Texts

"Residents were there by the hundreds to welcome home one of their noteworthy product of a previous era. 'Old 299' had just returned from the Panama Canal Zone to its final resting place in the New Paterson Museum, a fitting climax for the 2-6-0 'Mogul' type steam locomotive that was born here in 1906. And June 6, 1979 marked the gala return of one of the few remaining American-made locomotives that were so instrumental in the construction of the Panama Canal by this nation in the period from 1904 to 1914, after earlier unsuccessful attempts by the French."

Economics And Net Energy Analysis: Is A New Analytical Technique Needed For Energy Decision Making?, William J. Kruvant

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

The paper attempts to evaluate the claims of Net Energy Analysis (NEA) against those of economics in a reasonably comprehensive way. The principal problems of NEA concern system boundaries, aggregation across fuels, valuing external effects, valuing human labor and valuing time. These problems seriously limit the contribution Net Energy Analysis can make to allocation decisions, and allocation Is the central problem of energy policy.

The Impact Of Changing Net Returns On Minimum Energy Requirements For Grain Farms, James B. Kliebenstein, Robert M. Finley, Douglas C. Farthing

UMR-MEC Conference on Energy / UMR-DNR Conference on Energy

With sources of energy more restricted and higher priced, optimal combinations of enterprises must logically be considered on the basis of energy efficiency. One method of ascertaining this efficiency is to optimize solutions for given levels of income on the basis of energy used (e.g., the objective function was in terms of energy kilocalories). In general, soybeans were most feasible at lower levels of income regardless of farm size and labor circumstance. As income levels increased, double-cropping (wheat soybeans) was first substituted and finally corn at highest income levels.

Dickey-Lincoln School Lakes Project Power Alternatives Study : Task 2 Report, Acres American Incorporated

Dickey-Lincoln School Lakes Project

This report presents the results of Task 2 of this study, the overall purpose of which is the evaluation of alternative methods of providing electrical energy in New England in lieu of the Dickey-Lincoln hydroelectric project. The final Task 1 report was presented in July 1976 and will, in conjunction with this Task 2 and subsequent Tasks 3 and 4 reports, ultimately become part of the "Environmental Impact Statement" for the Dickey-Lincoln Project.

Dickey-Lincoln School Lakes Project Power Alternatives Study Draft Report : Task 1 Through 4, Acres American Incorporated

Dickey-Lincoln School Lakes Project

This report presents the detailed findings of Tasks 1 through 4 of the Dickey-Lincoln School Lakes Project Power Alternatives Study undertaken for the New England Division of the Corps of Engineers, by Acres American Incorporated, Consulting Engineers of Buffalo, New York under the terms of Contract Number DACW33-76-C-0047. Earlier reports on Task 1 dated July 1976, on Task 2 dated January 1977 and on Task 3 dated March 1977 have been incorporated virtually unchanged into this Task 4 report.

Summary Of Labor Impacts During Construction : Dickey-Lincoln School Lakes Project, Edward C. Jordan Company, Inc.

Dickey-Lincoln School Lakes Project

This study is to assess the effects or impacts of construction and operation of the Dickey-Lincoln hydroelectric project upon the people in the St. John Valley, Maine, and New England. Having determined the effects of the project, a second objective is to discuss mitigation of defined adverse impacts. More specifically, this study attempts to identify adverse impacts and deal with how to minimize such impacts if at all possible.