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Operations Research, Systems Engineering and Industrial Engineering Commons

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2018

Management Sciences and Quantitative Methods

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Articles 1 - 16 of 16

Full-Text Articles in Operations Research, Systems Engineering and Industrial Engineering

Table Of Contents Jitim Vol 27 Issue 3, 2018 Dec 2018

Table Of Contents Jitim Vol 27 Issue 3, 2018

Journal of International Technology and Information Management

Table of Contents


Crude Oil Prices Forecasting: Time Series Vs. Svr Models, Xin James He Dec 2018

Crude Oil Prices Forecasting: Time Series Vs. Svr Models, Xin James He

Journal of International Technology and Information Management

This research explores the weekly crude oil price data from U.S. Energy Information Administration over the time period 2009 - 2017 to test the forecasting accuracy by comparing time series models such as simple exponential smoothing (SES), moving average (MA), and autoregressive integrated moving average (ARIMA) against machine learning support vector regression (SVR) models. The main purpose of this research is to determine which model provides the best forecasting results for crude oil prices in light of the importance of crude oil price forecasting and its implications to the economy. While SVR is often considered the best forecasting model in …


Research Methodologies And The Field Of Decision Analysis.Pdf, Jeffrey Keisler Oct 2018

Research Methodologies And The Field Of Decision Analysis.Pdf, Jeffrey Keisler

Jeffrey Keisler

This presentation considers three questions. (1) What is a research methodology as opposed to any old methodology and what is the role of research methodologies in scholarship? (2) In what ways do and in what ways can decision analysis scholars incorporate common research methodologies? (3) How and why might we think of decision analysis itself as a research methodology?


A Mathematical Remodeling For Crop Portfolio Selection Under Limited Irrigation Resource, Li Zhang Oct 2018

A Mathematical Remodeling For Crop Portfolio Selection Under Limited Irrigation Resource, Li Zhang

S.C. Water Resources Conference

A mathematical model and optimization framework to aid farmers in selecting crop portfolios were proposed and discussed in (Bokhira et al. 2014; Chrispell et al. 2012). In this paper, we propose a refined mathematical model which reduces the number of constraints by nearly half while the number of decision variables is about the same. Also, the proposed model is easier to implement and maintain due to its generalized structure, and it provides more flexibility for us to expand the problem. Some key sensitive analysis is also provided.


Methods To Support The Project Selection Problem With Non-Linear Portfolio Objectives, Time Sensitive Objectives, Time Sensitive Resource Constraints, And Modeling Inadequacies, Neil C. Ranly Sep 2018

Methods To Support The Project Selection Problem With Non-Linear Portfolio Objectives, Time Sensitive Objectives, Time Sensitive Resource Constraints, And Modeling Inadequacies, Neil C. Ranly

Theses and Dissertations

The United States Air Force relies upon information production activities to gain insight regarding uncertainties affecting important system configuration and in-mission task execution decisions. Constrained resources that prevent the fulfillment of every information production request, multiple information requestors holding different temporal-sensitive objectives, non-constant marginal value preferences, and information-product aging factors that affect the value-of-information complicate the management of these activities. This dissertation reviews project selection research related to these issues and presents novel methods to address these complications. Quantitative experimentation results demonstrate these methods’ significance.


An Optimal Airline Revenue Management Seat Pricing Plan Model, Constantine M. Koursaris, James W. Marion Jr. Jul 2018

An Optimal Airline Revenue Management Seat Pricing Plan Model, Constantine M. Koursaris, James W. Marion Jr.

International Journal of Aviation, Aeronautics, and Aerospace

The goal of an airline is to sell tickets at the highest fare possible, thus yielding maximum profit for the stakeholders. As airline seat pricing is divided into different fare classes, a revenue management system is created and maintained to identify opportunity costs where the airline may sell an optimum number of available seats in both discounted fare and full fare classes. Ideally, under perfect conditions, the airline will sell all available seats at full capacity for each leg of a trip. Under non-ideal conditions for the airline, not all available seats may sell at either full fare or discounted …


Multivariate Analysis Of Students Perception On Teaching With Client Based And Non-Client Based Team Projects, Philip Appiah-Kubi Jan 2018

Multivariate Analysis Of Students Perception On Teaching With Client Based And Non-Client Based Team Projects, Philip Appiah-Kubi

Engineering Management and Systems Faculty Publications

The classroom experience has evolved from traditional lecture, PowerPoint and whiteboards to a more active environment where students and instructors work together on hands-on activities to achieve the course objectives. Various names have been given to this pedagogy; experiential learning, project based learning (client based versus non-client based), active learning, and problem based learning are a handful of names used to describe this evolving pedagogy. The main challenge faced by educators in educating undergraduate students to be independent thinkers and problem solvers has been the driving force fueling the shift in pedagogy. This research looks into student’s perception on project …


Assessing Learning Outcomes Of A Mooc Incorporated Into An On-Campus Management Information Systems Class, Manying Qiu, Yaquan Xu Jan 2018

Assessing Learning Outcomes Of A Mooc Incorporated Into An On-Campus Management Information Systems Class, Manying Qiu, Yaquan Xu

Journal of International Technology and Information Management

Massive open source online course (MOOC) platform enables enterprises to introduce their new innovations and deliver basic knowledge to handle the new products. We incorporated an openSAP course into a management information systems (MIS) class. Students learned the latest development of SAP customer relationship management (CRM) solutions along with the SAP enterprise resource planning (ERP) business processes integration that they learned in the classroom. 46.2% of the students obtained Record of Achievement and Confirmation of Participation certificates, which is higher than the average success rate of MOOCs. More importantly, the students experienced a way of sustainable and lifelong learning.


Table Of Contents Jitim Vol 27 Issue 1, 2018 Jan 2018

Table Of Contents Jitim Vol 27 Issue 1, 2018

Journal of International Technology and Information Management

Table of Contents JITIM volume 27, issue 1 - 2018


Table Of Contents Jitim Vol 27 Issue 2, 2018 Jan 2018

Table Of Contents Jitim Vol 27 Issue 2, 2018

Journal of International Technology and Information Management

ToC JITIM vol 27 - 2, 2018


Travel To Extraterrestrial Bodies Over Time: Some Exploratory Analyses Of Mission Data, Venkat Kodali, Rohith Kumar Reddy Duggirala, Richard S. Segall, Hyacinthe Aboudja, Daniel Berleant Jan 2018

Travel To Extraterrestrial Bodies Over Time: Some Exploratory Analyses Of Mission Data, Venkat Kodali, Rohith Kumar Reddy Duggirala, Richard S. Segall, Hyacinthe Aboudja, Daniel Berleant

Journal of the Arkansas Academy of Science

This paper discusses data pertaining to space missions to astronomical bodies beyond earth. The analyses provide summarizing facts and graphs obtained by mining data about (1) missions launched by all countries that go to the moon and planets, and (2) Earth satellites obtained from a Union of Concerned Scientists (UCS) dataset and lists of publically available satellite data.


Private Sector Defense Contractor Management Strategies For Contract Fulfillment, Rachel Stallworth Jan 2018

Private Sector Defense Contractor Management Strategies For Contract Fulfillment, Rachel Stallworth

Walden Dissertations and Doctoral Studies

Private sector U.S. defense contractors failing to meet contract objectives experience lower profitability, pay costly penalties, and risk survivability. Using the theory of contracts, the purpose of this multiple case study was to the explore strategies that some leaders of U.S. defense contracting businesses use to meet all the contract terms with the U.S. Department of Defense. Data were collected from 5 leaders of private sector defense contracting companies in northwest Florida through face-to-face, semistructured interviews and through a review of operations manuals, quality assurance policy manuals, and archived U.S. Department of Defense contracts. During data analysis using Yin's 5-step …


Exploring Critical Success Factors Of Community Development Projects, Kevin Wanjama Muchiri Jan 2018

Exploring Critical Success Factors Of Community Development Projects, Kevin Wanjama Muchiri

Engineering Management & Systems Engineering Theses & Dissertations

The utilization of Community Development Projects in developing nations continues to increase in significance. In the wake of the latest Sustainable Development Goals, developing nations are working towards eliminating poverty, promoting sustainable cities and communities, gender equality, and health and well-being. Although Community Development Projects have become prevalent, the challenge has been that some are successful, while others fail. This dissertation investigates what makes Community Development Projects successful.

This dissertation implemented a comprehensive quantitative analysis using data collected from over one hundred community development projects obtained from The World Bank database. These projects took place in developing nations around the …


In Defense Of The Broader Application Of Virtual Queues, Evan Rapone Jan 2018

In Defense Of The Broader Application Of Virtual Queues, Evan Rapone

Honors Program Theses

The broader application of virtual queues is proposed. A review of the current state of queuing theory is presented as well as an acknowledgment of the deficiencies in the practicality of queuing theory. It is suggested that the queuing process can be improved by implementing the option of pursuing a virtual line. Specifically, the potential utility of introducing virtual queues is discussed in the context of the FastPass system, highlighting the major features of the method as well as examining the disadvantages of the service. The implementation of a FastPass-style queuing process outside of theme parks is presented as a …


Technical Project Management: Union Of Systems Engineering Processes With Project Management Processes, Deyaaldeen M. Abusal Jan 2018

Technical Project Management: Union Of Systems Engineering Processes With Project Management Processes, Deyaaldeen M. Abusal

Open Access Theses & Dissertations

Today, most projects in technical fields utilize project management to complete projects as planned, and some of the projects utilize system engineering to cover the project in both technically and commercially. This Thesis investigates the relationship between Project Management (PM) and Systems Engineering (SE) to determine if a suitably professional level of management and level of quality can be achieved. When studying PM and SE separately and make a comparison between both, there is much overlap between these two mature fields. The project could be planned and completed solely by either process. This study combines both fields of Project Management …


Structuring Financial Incentives For Residential Solar Electric Systems, Kevin C. Van Blommestein, Yonghee Cho, Tugrul U. Daim, Paul Sklar Dec 2017

Structuring Financial Incentives For Residential Solar Electric Systems, Kevin C. Van Blommestein, Yonghee Cho, Tugrul U. Daim, Paul Sklar

Joseph Cho

This paper introduces a simple methodology to aid in the decision of how to distribute financial incentive funding for residential solar electric systems in order to maximize demand. Incentive funding can be used more effectively if adjusted according to the decrease in price and the increase in demand of solar electric systems. The decision of how to reduce these incentives due to changing annual funds, while increasing or even maintaining the growth of solar electric system demand, is of great interest to policymakers and public benefit funded program administrators. In order to aid in this process, a three step methodology …