ABSTRACT

The book provides insights in the decision-making for implementing strategies in various spheres of real-world issues. It integrates optimal policies in various decision­making problems and serves as a reference for researchers and industrial practitioners. Furthermore, the book provides sound knowledge of modelling of real-world problems and solution procedure using the various optimisation and statistical techniques for making optimal decisions.

The book is meant for teachers, students, researchers and industrialists who are working in the field of materials science, especially operations research and applied statistics.

1. A New Version of the Generalized Rayleigh Distribution with Copula, Properties, Applications and Different Methods of Estimation 2. Expanding the Burr X Model: Properties, Copula, Real Data Modeling and Different Methods of Estimation 3. Transmuted Burr Type X Model with Applications to Life Time Data 4. Monitoring Patients Blood Level through Enhanced Control Chart 5. Goodness of Fit in Parametric and Non-parametric Econometric Models 6. Stochastic Models for Cancer Progression and its Optimal Programming for Control with Chemotherapy 7. A New Unrelated Question Model with Two Questions Per Card 8. Hybrid of Simple Model and a New Unrelated Question Model for Two Sensitive Characteristics 9. Hybrid of Crossed Model and a New Unrelated Question Model for Two Sensitive Characteristics 10. Modified Regression Type Estimator by Ingeniously Utilizing Probabilities for more Efficient Results in Randomized Response Sampling 11. Ratio and Regression Type Estimators for a New Measure of Coefficient of Dispersion Relative to the Empirical Mode 12. Class of Exponential Ratio Type Estimator for Population Mean in Adaptive Cluster Sampling 13. An Inventory Model for Substitutable Deteriorating Products under Fuzzy and Cloud Fuzzy Demand Rate 14. Co-ordinated Selling Price and Replenishment Policies for Duopoly Retailers under Quadratic Demand and Deteriorating Nature of Items15. Quadratic Programming Approach for the Optimal Multi-objective Transportation Problem 16. Analyzing Multi-Objective Fixed-Charge Solid Transportation Problem under Rough and Fuzzy-Rough Environments 17. Overall Shale Gas Water Management: A Neutrosophic Optimization Approach 18. Memory Effect on an EOQ Model with Price Dependant Demand and Deterioration 19. Optimality Conditions of an Unconstrained Imprecise Optimization Problem via Interval Order Relation  20. Power Comparison of Different Goodness of Fit Tests for Beta Generalized Weibull Distribution  21. On the Transmuted Modified Lindley Distribution: Theory and Applications to Lifetime Data  22. Adjusted Bias and Risk for Estimating Treatment Effect after Selection with an Application in Idiopathic Osteoporosis 23. Validity Judgement of an EOQ Model using Phi-coefficient 24. Uncertain Chance-Constrained Multi-Objective Geometric Programming Problem 25. Optimal Decision Making for the Prediction of Diabetic Retinopathy in Type 2 Diabetes Mellitus Patients