Mathematical Models of Distribution Channels identifies eight "Channel Myths" that characterize almost all analytical research on distribution channels. The authors prove that models that incorporate one or more Channel Myths generate distorted conclusions; they also develop a m…
In order to manage the transition towards a sustainable future electricity system, an in-depth understanding of the key technological, economic, environmental and societal drivers for electricity markets is required. Suitable for advanced undergraduate and graduate students, thi…
This textbook offers a comprehensive analysis of medical decision-making under uncertainty by combining test information theory with expected utility theory. The authors show how the parameters of Bayes' theorem can be combined with a value function of health states in order to …
Der Kauf einer Eigentumswohnung ist wirtschaftlich vorteilhaft, wenn ihr Wert größer als der gezahlte Preis ist. Der zweckadäquate Wert wird "Entscheidungswert" oder "Grenzpreis" genannt und ruht auf künftigen Mietüberschüssen. Stephan Walochnik diskutiert in dem Open Access-Buc…
This book introduces readers to an evolutionary learning approach, specifically genetic programming (GP), for production scheduling. The book is divided into six parts. In Part I, it provides an introduction to production scheduling, existing solution methods, and the GP approac…
This book presents the latest trends and developments in multimodal optimization and niching techniques. Most existing optimization methods are designed for locating a single global solution. However, in real-world settings, many problems are "multimodal" by nature, i.e., multip…
Operations Research
by Stein, Oliver, Nickel, Stefan, Rebennack, Steffen, Waldmann, Karl-Heinz