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This Element offers an accessible but technically detailed review of expected utility theory (EU), which is a model of individual decision-making under uncertainty that is central for both economics and philosophy. The Element's approach falls between the history of ideas and economic methodology. At the historical level, it reviews EU by following its conceptual evolution from its original formulation in the eighteenth century through its transformations and extensions in the mid-twentieth century to its more recent supersession by post-EU theories such as prospect theory. In reconstructing the history of EU, it focuses on the methodological issues that have accompanied its evolution, such as whether the utility function and the other components of EU correspond to actual mental entities. On many of these issues, no consensus has yet been reached, and in this Element the author offers his view on them.
Unlock Key Values provides practical advice, inspiring stories, and valuable insights into designing a life that aligns with your values and goals. It is a must-read for anyone who wants to live a meaningful life, achieve personal growth and financial freedom, and make a positive impact on the world. Whether you are feeling lost, stuck, or unfulfilled in your life, or you simply want to deepen your self-awareness and personal growth, this book is for you. It is a practical guide that will empower you to unlock your key values and live a life of purpose and meaning.
This third edition updates and adds to the successful second edition and gives the reader a thorough description of PLM, providing them with a full understanding of the theory and the practical skills to implement PLM within their own business environment. This new and expanded edition is fully updated to reflect the many technological and management advances made in PLM since the release of the second edition. Describing the environment in which products are developed, manufactured and supported, before addressing the Five Pillars of PLM: business processes, product data, PLM applications, Organisational Change Management (OCM) and Project Management, this book explains what Product Lifecycle Management is, and why it's needed. The final part of the book addresses the PLM timeline, showing the typical steps and activities of a PLM project or initiative. "e;Product Lifecycle Management"e; will broaden the reader's understanding of PLM, nurturing the skills needed to implement PLM successfully and to achieve world-class product performance across the lifecycle.
As global CO2 emissions continue to rise, the need to limit global warming has become an increasingly critical scientific and political challenge. The conversion of airport apron vehicles from combustion engines to electric drives is a promising technology in the aviation sector to reduce emissions. However, electric vehicles require longer recharge times, which can be overcome by implementing Dynamic Inductive Charging (DIC) technology. DIC enables charging while driving and provides vehicles with almost unlimited driving range. This book explores different approaches to optimizing the allocation of the required DIC infrastructure components by developing mathematical optimization models and algorithms.
How do we decide how we decide? On the largest matters and the smallest ones, we make such decisions all the time. This book casts light on decisions about decisions?what they are, where they go wrong, and how they can be helped to go right.
This book is a comprehensive curation, exposition and illustrative discussion of recent research tools for interpretability of deep learning models, with a focus on neural network architectures. In addition, it includes several case studies from application-oriented articles in the fields of computer vision, optics and machine learning related topic. The book can be used as a monograph on interpretability in deep learning covering the most recent topics as well as a textbook for graduate students. Scientists with research, development and application responsibilities benefit from its systematic exposition.
In this book, a risk management approach starts off by discussing important issues related to managing supply chain disruption risks from various perspectives during VUCA times. It explores the essence and principles relating to managing these risks and provides the framework and multi-goal model groups for managing such unknown-unknown risks and subsequent disruptions at a global scale.The book explores and presents the latest developments across different emerging topics in supply chain risk and disruption management. These include (i) an overview of supply chain risk, and disruption management tools, techniques, and approaches, (ii) a review on uncertainty modeling for decentralized supply chain systems, (iii) supply chain deep uncertainties and risks - the 'new normal', (iv) emergent technologies for supply chain risk and disruption management, (v) supply chain resilience strategies for times of unprecedented uncertainty, (vi) the role of blockchain in developing supply chain resilience against disruptions, (vii) a qualitative study on supply chain risk management adopting blockchain technology, (viii) assessment of risks and risk management for agriculture supply chain, (ix) resilience of agri-food supply chains: Australian developments after a decade of supply and demand shocks, (x) prioritization of risks in the pharmaceutical supply chains (xi) improving medical supply chain disruption management with the blockchain technology, and (xii) impacts of resilience practices on supply chain sustainability.The book contributes significantly to the growing body of knowledge concerning the theory and practice of managing supply chain risks and disruptions in strategic management, operations and supply chain, and sustainability literature. It presents contemporary, innovative and latest developments in applying smart management tools, techniques and approaches for managing supply chain risk and disruption and future-proofing supply chains to become agile, resilient and sustainable.
The eight discipline (8D) problem-solving methodology includes the following: Select an appropriate team Formulate the problem definition Activate interim containment Find root cause(s) Select and verify correction(s) Implement and validate corrective action(s) Take preventive steps Congratulate the teamThis unique book provides an overview of the 8D process, gives guidance on tools for finding root causes, shows 8D in action in eight case studies, and gives five unsolved problems for readers to apply 8D themselves for practice.Anyone who wants to improve quality, regardless of the industry they come from, will benefit from the 8D approach. It has been successfully applied in healthcare, retail, finance, government, and manufacturing.
"Timeless lessons about the things that stay the same in a world that never stops changing"--
This textbook offers a comprehensive theory of medical decision making under uncertainty, combining informative test theory with the expected utility hypothesis. The book shows how the parameters of Bayes' theorem can be combined with a value function of health states to arrive at informed test and treatment decisions. The authors distinguish between risk neutral, risk averse and prudent decision makers and demonstrate the effects of risk preferences on physicians' decisions. They analyze individual tests, multiple tests and endogenous tests where the test result is determined by the decision maker. Finally, the topic is examined in the context of health economics by introducing a trade-off between enjoying health and consuming other goods, so that the extent of treatment and thus the potential improvement in the patient's health become endogenous.
This proceedings volume presents new methods and applications in Operational Research and Management Science with a special focus on Business Analytics. Featuring selected contributions from the XIV Balkan Conference on Operational Research held in Thessaloniki, Greece in 2020 (BALCOR 2020), it addresses applications and methodological tools or techniques in various areas of Operational Research, such as agent-based modelling, big data and business analytics, data envelopment analysis, data mining, decision support systems, fuzzy systems, game theory, heuristics, metaheuristics and nature inspired optimization algorithms, linear and nonlinear programming, machine learning, multiple criteria decision analysis, network design and optimization, queuing theory, simulation and statistics.
From Idea to Business: A 30-Day Guide to Starting and Scaling Your Own Business" is a comprehensive guide that walks you through the process of starting and growing a successful business. The book is divided into four weeks, each covering a different stage of the entrepreneurial journey. From laying the foundation to assessing your business's growth potential, the book covers everything you need to know to turn your idea into a thriving business. Each day focuses on a specific topic, with practical tips and strategies to help you overcome common challenges and achieve your goals. Whether you're a first-time entrepreneur or looking to take your business to the next level, this book is a valuable resource for anyone looking to start and scale their own business.
"Futureselves" are the visions that we have for ourselves in the future. This book covers how these visions are central to our understanding of human behaviour, as inherently goal driven. It covers these concepts both scientifically and practically, exploring both impact on behaviour, as well as a guide on how to use Futureselves for self-knowledge and self-improvement. Futureselves brings together a long history of teleological approaches in psychotherapy, and ties the Futureselves concept to contemporary philosophical ideas such as the absence of free will.The book is suitable for undergraduate and post-graduate studies into the nature of the self, and self-development.
This book gathers selected peer-reviewed papers from the 15th World Congress on Engineering Asset Management (WCEAM), which was hosted by The Federal University of Mato Grosso do Sul Campo Grande, Brazil, from 15--18 August 2021This book covers a wide range of topics in engineering asset management, including: strategy and standards;sustainability and resiliency;servitisation and Industry 4.0 business models;asset information systems; andasset management decision-making. The breadth and depth of these state-of-the-art, comprehensive proceedings make them an excellent resource for asset management practitioners, researchers, and academics, as well as undergraduate and postgraduate students.
This book tackles issues associated with inconsistency in pairwise comparisons from both theoretical and practical perspectives. Human judgments are seldom absolutely consistent, or absolutely precise, therefore problems of measuring and handling inconsistency belong among hot topics of the current research, especially in the theoretical framework of multiple criteria decision aiding (MCDA). The book presents and discusses the state-of-the-art of this field including both cardinal and ordinal inconsistency, the problems of different scales for comparisons and inconsistency reduction, and the alternative approaches to inconsistency detection and measurement. This book is a unique one-stop guide for readers who are interested in inconsistency in pairwise comparisons. Researchers and practitioners in the area of multiple-criteria decision-making (MCDM) and the analytic hierarchy process (AHP) will find this informative book particularly valuable.
Management accounting is one kind of mental accounting science, instead of basic budget evaluation, cost measurement, management and control accounting function. Many behavioral economists had begun to believe that management accounting can bring mental accounting benefits to help any managers to make accurate or reasonable decisions to implement and any business strategies to bring long term benefit. Can AI be applied to management accounting function to assist any organizations to avoid resource waste more easily. In my this book, I shall apply management accounting theory to explain whether managements can apply mental ( managerial) accounting tools to help their organizations to predict market behavioral changes. Consumer behaviors and make reliable and accurate investment decision. I shall apply psychologial methods to explain how and why management accounting is a mental management strategy tools to help any organizations to predict when market behavior changes, or consumer psychology changes, even how to do any accurate market decision . Readers ought need to read this book in managerial psychology view in order to feel more understanding my opinions.
Organizations face many ongoing challenges, which can lead to restructuring- an expensive, disruptive solution that doesn't always offer successful outcomes or better results. As a business leader in a competitive environment, you must find ways to improve your organization's innovative thinking. Breaking down silos and driving innovation can lead to greater agility in discovering new opportunities and developing creative solutions. In this book, you'll learn how to design a structure that will help foster innovation, agility, and performance by focusing on organizational structure through the eyes of your customers. You will explore five core structural areas-management, process, product, sales and marketing, and services- that can be used to advance innovation.Structuring Your Organization for Innovation also includes:Key characteristics of each organizational structure, including the pros and consStrategic, operational, and tactical considerationsReal-world case studiesTools and tips for practical applicationJane Keathley provides services to regulated organizations in healthcare related industries, including start-up companies, focusing on developing innovative products and services while maintaining effective and compliant operations. She has published and presented widely in quality and other forums.;H. James Harrington is a quality system expert with more than 60 years of experience. He has been involved in developing quality management systems worldwide, has authored more than 55 books, and is the past president of the American Society for Quality.
There are many occasions when a project leader will preside over a team meeting that ends up falling short of the desired outcomes. Entering a room full of people who are expecting you to guide them to results can be a source of tremendous pressure, even when you feel fully prepared as a leader. This book offers a deeper understanding of how a workshop needs to be managed, how a team can be guided, and how workshop tools should be deployed to achieve a team's objectives. Notes: Facilitation for Quality offers several updates to traditional quality tools to better suit non-manufacturing environments. If you work in an service, office, non-profit, or professional setting, you will find these tools helpful (and you will use them to achieve real results). This book also offers five new tools invented or refined by the authors for those who practice or promote quality, innovation, and effective workshop management to add to their toolbox.Tracy Owens, CQE, CMQ/OE, is a process improvement consultant in Dublin, Ohio. Tracy holds a masters degree in international business from Seattle University, and he was elected to the 2016 class of ASQ Fellows. He is the author of two previous books from Quality Press: Six Sigma Green Belt, Round 2 (2011) and The Executive Guide to Innovation (2013, coauthor), and several articles in Quality Progress magazine.Therese Steiner, ASQ CSSBB, is the Director of Operational Effectiveness and Customer Experience at LexisNexis, where she has worked for 20+ years since completing her Juris Doctorate degree at the University of Dayton School of Law in 1999. Therese is a 2020-2021 ASQ Board Member and Geographic Communities Council Region Director. Therese has been a speaker on Customer Experience and Quality topics at global and regional conferences, including ASQ WCQI and OPEX World Summit, as well as at local meetings for ASQ and other organizations.
This book introduces the advances in synchromodal logistics and provides a framework to classify various optimisation problems in this field. It explores the application of this framework to solve a broad range of problems, such as problems with and without a central decision-maker, problems with and without full information, deterministic problems, problems coping with uncertainty, optimisation of a full network design problem. It covers theoretical constructs, such as discrete optimisation, robust optimisation, optimisation under uncertainty, multi-objective optimisation and agent based equilibrium models. Moreover, practical elaborated use cases are presented to deepen understanding. The book gives both researchers and practitioners a good overview of the field of synchromodal optimisation problems and offers the reader practical methods for modelling and problem-solving.
DET AKTIVE EJERSKAB ER EN KATALYSATOR FOR FREMTIDIG SUCCES.Virksomhedsejere og topledelser bliver i stigende grad mødt med krav og forandringer, der kræver, at de sætter en tydelig, strategisk retning. Udfordringen er, at strategien mange steder ikke har en tydelig kobling til ejerskabet – for der mangler en forståelse af de forskellige niveauer i strategiarbejdet.Denne bog skaber forståelse for sammenhængen mellem ejerskab og strategi i en dansk kontekst. Forfatterne introducerer begrebet ejerstrategi som et afgørende redskab til at sikre, at ejerne arbejder aktivt for virksomhedens retning gennem ejerskabet.I bogen deler en række førende danske topledere ud af deres perspektiver på succesfuldt strategiarbejde. Fælles for deres virksomheder er, at de har skabt ekstraordinære resultater for samfund, ejere, kunder og medarbejdere med ejerskabet som udgangspunkt.EJERSKAB OG STRATEGI er skrevet til alle med en generel interesse i strategi, men henvender sig især til strategipraktikere – der arbejder tæt på topledelser eller selv er topledere – og studerende, der teoretisk skal klædes på til strategiarbejdet.
The book presents the proceedings of the 7th EAI International Conference on Management of Manufacturing Systems (MMS 2022), which took place in Krynica-Zdrój, Poland, 05-07 October 2022. The conference covers the management of manufacturing systems with support for Industry 4.0, logistics and intelligent manufacturing systems and applications, cooperation management, and its effective applications. Topics include RFID applications, economic impacts in logistics, ICT support for Industry 4.0, industrial and smart logistics, intelligent manufacturing systems and applications, and much more. The topic is of interest to researchers, practitioners, students, and academics in manufacturing and communications engineering.Presents the proceedings of the 7th EAI International Conference on Management of Manufacturing Systems (MMS 2022);Covers topics such as Industry 4.0, smart logistics, smart cities, and intelligent manufacturing;Relevant for researchers, academics, and professionals.
One night, I woke up from a dead sleep and said into the dark, "Pinocchio is such a tragedy." Not able to sleep, I was struck by the thought that Pinocchio is an awful tragedy because he didn't realize he was a miracle; instead he spends the entire story trying to marginalize himself. He desperately wanted to be a "real boy" instead of realizing the supernatural phenomenon he was. He was a talking pile of sticks, after all. Pinocchio is a cautionary tale for successful leaders and entrepreneurs who want to unlock the miraculous in themselves and others.Don't make the same mistake Pinocchio made by desiring to become "normal." Commit yourself and your miracle to the process because there are no shortcuts to fully alive dreams. When outside forces bring their abilities to bear on your behalf, you will be ready because you will have planted the seeds and participated in the process. Your dream is worth the effort you will need to bring it to pass, so commit to the process and move forward. Plant today for tomorrow's success because dreams really do come true. If you are interested in getting the miraculous out of yourself and your team, then open this book and start reading!
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