PPT-Session 7a Decision Models -- Prof. Juran

2 Overview Monte Carlo Simulation Basic concepts and history Excel Tricks RAND IF Boolean Crystal Ball Probability Distributions Normal Gamma Uniform Triangular Assumption and Forecast cells. T state 8712X action or input 8712U uncertainty or disturbance 8712W dynamics functions XUW8594X w w are independent RVs variation state dependent input space 8712U 8838U is set of allowed actions in state at time brPage 5br Policy action is function Applied Regression -- Prof. Juran. 2. Outline for Session 4. Summary Measures for the Full Model . Top Section of the Output. Interval Estimation . More Multiple Regression. Movers. Nonlinear Regression. Decision Models -- Prof. Juran. 2. Overview. More Network Flow Models . Assignment Model. Traveling Salesman Model. Decision Models -- Prof. Juran. 3. Professor Scheduling Example. Three professors must be assigned to teach six sections of finance. . Operations Management -- Prof. Juran. 2. Outline. Optimization Extensions . Multiperiod Models. Operations Planning: Sailboats. Ne. twork Flow Models . Transportation Model: Beer Distribution. Assignment Model: Contract Bidding. GraphG prof 1 prof 2 prof 3 prof 4 phd 5 stud 6 stud 7 adv adv adv adv adv sup sup GraphI 1 prof 2,3 prof 4 prof 5 phd 6,7 stud adv adv adv sup 1Fortheformaldevelopmentinthispaper,itwillbeconve-nientt GraphG prof 1 prof 2 prof 3 prof 4 phd 5 stud 6 stud 7 adv adv adv adv adv sup sup GraphI 1 prof 2,3 prof 4 prof 5 phd 6,7 stud adv adv adv sup 1Fortheformaldevelopmentinthispaper,itwillbeconve-nientt INNOVATIVE MODELS AND PRACTICES FOR ENGAGING WITH FAMILIES AND RELATIONAL NETWORKS. 15 January 2016. Professor Peter marsh. INNOVATIVE MODELS AND PRACTICES FOR ENGAGING WITH FAMILIES AND RELATIONAL NETWORKS. Decision Models -- Prof. Juran. 2. Overview. Forecasting Methods . Exponential Smoothing. Simple. Trend (Holt’s Method). Seasonality (Winters’ Method). Regression. Trend. Seasonality. Lagged Variables. 2. Overview. Finance Simulation Models. Securities Pricing. Black-Scholes. Electricity Option. Miscellaneous. Monte . Carlo vs. Latin Hypercube. Review of Binomial. Decision Models -- Prof. Juran. 2. Overview. Sensitivity Analysis. Goal Seek and Data Table. Marketing and Finance examples. Call Center LP. More Sensitivity Analysis. SolverTable. Decision Models -- Prof. Juran. 3. Sensitivity Analysis. Abstract deadline: 26 . January. 2022 . Abstract . notification. : . February. 2022. Early. -Bird registration: 20 . February. 2022. Congress venue: Tivoli Hotel & Congress Center. Website: www.ncdv2022.org. Peter . Poon Chong. , . Terrence R.M. . Lalla. Faculty . of Engineering, . The . University of the West Indies, . Trinidad. IConETech-2020, Faculty of Engineering, The UWI, St. Augustine, Trinidad and Tobago. 1. ERiMA. : . Envisioning Risk Models for Assessment of AI-based applications.. 2. Dr Huma Samin. 1. Post Doctoral Research Associate Computer Science. Durham University, UK. huma.samin@durham.ac.uk. Important Models in the Study of O.R Models. 1.Linear Programming Model: This model is used for resource allocation when the resources are limited and there are number competing candidates for the use of resources. The model may be used to...