Optimization in Large Scale Problems: Industry 4.0 and Society 5.0 Applications

Description

This volume provides resourceful thinking and insightful management solutions to the many challenges that decision makers face in their predictions, preparations, and implementations of the key elements that our societies and industries need to take as they move toward digitalization and smartness. The discussions within the book aim to uncover the sources of large-scale problems in socio-industrial dilemmas, and the theories that can support these challenges. How theories might also transition to real applications is another question that this book aims to uncover. In answer to the viewpoints expressed by several practitioners and academicians, this book aims to provide both a learning platform which spotlights open questions with related case studies. The relationship between Industry 4.0 and Society 5.0 provides the basis for the expert contributions in this book, highlighting the uses of analytical methods such as mathematical optimization, heuristic methods, decomposition methods, stochastic optimization, and more. The book will prove useful to researchers, students, and engineers in different domains who encounter large scale optimization problems and will encourage them to undertake research in this timely and practical field. The book splits into two parts. The first part covers a general perspective and challenges in a smart society and in industry. The second part covers several case studies and solutions from the operations research perspective for large scale challenges specific to various industry and society related phenomena. Front Matter ....Pages i-xi Front Matter ....Pages 1-1 Large Scale Optimization Is Needed for Industry 4.0 and Society 5.0 (Lorenz Granrath)....Pages 3-6 Behavioral Risk Management of Large-Scale Projects (E. Ted Prince)....Pages 7-11 Trusting Algorithms in Society 5.0 (J. N. Hooker)....Pages 13-16 Online Controlled Experiments at Large Scale in Society 5.0 (Ron Kohavi)....Pages 17-21 Applications of Queueing in Society 5.0 (Myron Hlynka)....Pages 23-27 Data Analytics Enabled Smart Manufacturing Business Model Transformation – A Product-Service Systems Perspective (Thorsten Wuest)....Pages 29-31 A Brief Overview of Interdiction and Robust Optimization (Leonardo Lozano, J. Cole Smith)....Pages 33-39 Matrix-Analytic Methods – An Algorithmic Approach to Stochastic Modelling and Analysis (Qi-Ming He)....Pages 41-45 The Next Generation of Optimization: A Unified Framework for Dynamic Resource Allocation Problems (Warren B. Powell)....Pages 47-52 Optimal Planning of Electric Power Systems (I. F. Abdin, E. Zio)....Pages 53-65 Ideal Flow Network in Society 5.0 (Kardi Teknomo)....Pages 67-69 Modeling Challenges of Securing Gates for a Protected Area in Society 5.0 (Yael Deutsch)....Pages 71-72 Front Matter ....Pages 73-73 Industrial Modeling and Programming Language (IMPL) for Off- and On-Line Optimization and Estimation Applications (Jeffrey D. Kelly, Brenno C. Menezes)....Pages 75-96 How Effectively Train Large-Scale Machine Learning Models? (Aven Samareh, Mahshid Salemi Parizi)....Pages 97-110 Naval Wholesale Inventory Optimization (Javier Salmeron, Emily M. Craparo)....Pages 111-127 Smart Production by Integrating Product-Mix Planning and Revenue Management for Semiconductor Manufacturing (Marzieh Khakifirooz, Jei-Zheng Wu, Mahdi Fathi)....Pages 129-164 A Nested Decomposition Approach for a Large Scale Set Covering Problem: A Model with a Variety of Applications in Industry 4.0 (Maryam Radman, Kourosh Eshghi)....Pages 165-177 Risk Based Optimization of Electronics Manufacturing Supply Chains (Nasim Nezamoddini, Faisal Aqlan, Amirhosein Gholami)....Pages 179-199 The Effect of Customer Patience on Multiple-Location Inventory Systems (Michael Dreyfuss, Yahel Giat)....Pages 201-219 Smart Health in Medical Image Analysis (Haifeng Wang, Qianqian Zhang, Daehan Won, Sang Won Yoon)....Pages 221-242 A Multi-layer Physic-based Model for Electric Vehicle Energy Demand Estimation in Interdependent Transportation Networks and Power Systems (M. Hadi Amini)....Pages 243-253 Influence Maximization in Social Networks (Shashank Sheshar Singh, Ajay Kumar, Shivansh Mishra, Kuldeep Singh, Bhaskar Biswas)....Pages 255-267 Solving Large Scale Optimization Problems in the Transportation Industry and Beyond Through Column Generation (Yanqi Xu)....Pages 269-292 Curb Space Management in Urban Mobility System (Meigui Yu, Armagan Bayram, Bahriye Cesaret)....Pages 293-304 L1 Optimization for Sparse Structure Machine Learning Based Electricity Demand Prediction (Dinh Hoa Nguyen)....Pages 305-317 Value of Production Capacity Mobility (Satya S. Malladi, Alan L. Erera, Chelsea C. White III)....Pages 319-327 Effective Covering of Supplied Nanostores in Emerging Cities (Asmaa Sabiri, Fouad Riane, Sabine Limbourg)....Pages 329-340