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Economic design of CUSUM and EWMA control chairs for Indian RMC industry
(2012-09-08)
The design of a control chart has economic c
onsequences, in which the costs of sampling and testing, costs
associated with investigating out of control signals and possibly correcting assignable causes, ...
Economic design of CUSUM and EWMA control charts for Indian RMC Industry
(2010-01-15)
The design of a control chart has economic
consequences, in which the costs of sampling
and testing, costs associated with investigating
out of control signals and possibly correcting
assignable causes, are all affected ...
Development of utility function for life insurance buyers in the Indian market
(2010-04-29)
Insurance as a financial instrument has been used for a long time. The dramatic increase in competition
within the insurance sector (in terms of providers coupled with awareness for the need for insurance) has
concomitantly ...
Design and application of risk-adjusted cumulative sum for strength monitoring of ready mixed concrete
(2010-06012)
: The cumulative sum procedure is an effective statistical process control tool that can be used to monitor the quality of ready
mixed concrete during its production process. In this paper, an attempt has been made to ...
Revenue impacts of demand unconstraining and accounting for dependency
(2010-05-03)
Accurate forecasts are crucial to an airline revenue management system. Historical
demand data for two fare classes used for forecasting in an airline are often censored and correlated. In this
article, we propose a ...
Development of utility function for life insurance buyers in the Indian market
(2010-09-07)
Insurance as a financial instrument has been used for a long time. The dramatic increase in competition
within the insurance sector (in terms of providers coupled with awareness for the need for insurance) has
concomitantly ...
Design and application of risk-adjusted cumulative sum for strength monitoring of ready mixed concrete
(2010-06-15)
The cumulative sum procedure is an effective statistical process control tool that can be used to monitor the quality of ready
mixed concrete during its production process. In this paper, an attempt has been made to design ...
Comparison of forecasting techniques in revenue management for a national railway in an emerging Asian economy
(Inderscience Enterprises Ltd., 2015)
In this paper, we make an attempt to compare various forecasting techniques to predict railway bookings for the final day of departure in the national railways of emerging Asian economy (NREAE). We use NREAE data of 2005-2008 ...
A logarithmic goal programming approach to develop the utility function for a railway travel
(International Journal of Revenue Management, 2015)
Railway passengers are in a dilemma to choose the best train among several alternatives available in a particular route. A relative comparison of competing railways helps the passenger to make an informed choice before the ...
An expanded database structure for a class of multi-period, stochastic mathematical programming models for process industries
(Elsevier, 2014)
We introduce a multiple scenario, multiple period, optimization-based decision support system (DSS) for strategic planning in a process industry. The DSS is based on a two stage stochastic linear program (SLP) with recourse ...