By Saul I. Gass
An Annotated Timeline of Operations examine: an off-the-cuff background recounts the evolution of Operations examine (OR) as a brand new technology - the technological know-how of selection making. bobbing up from the pressing operational problems with global warfare II, the philosophy and method of OR has permeated the answer of determination difficulties in company, undefined, and executive. The Timeline chronicles the historical past of OR within the type of self-contained, expository entries. each one access provides a concise clarification of the occasions and other people lower than dialogue, and gives key assets the place additional appropriate info should be acquired. additionally, books and papers that experience prompted the advance of OR or helped to coach the 1st generations of OR teachers and practitioners are pointed out in the course of the ebook. beginning in 1564 with seminal principles that shape the precursors of OR, the Timeline lines the major principles and occasions of OR via 2004. The Timeline may still curiosity someone keen on OR - researchers, practitioners, lecturers, and, particularly, scholars - who desire to find out how OR got here into being. extra, the scope and expository type of the Timeline should still make it of worth to the overall reader attracted to the improvement of technology and know-how within the final 1/2 the 20th century.
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Additional resources for An Annotated Timeline of Operations Research: An Informal History (International Series in Operations Research & Management Science)
Pick discusses and pictures a mechanical device (Varignon frame) for solving the weighted three-point problem. In the 1930s, a sixteen year-old Hungarian mathematician analyzed the general problem of minimizing the distances from the facility to any number of points 29 and proposed a method of solution. His paper, written in French and published in a Japanese mathematics journal, developed an iterative algorithm that converges to the optimal facility location under mild assumptions. This procedure was rediscovered by others in the late 1950s and 1960s.
Fisher introduced the term “likelihood” in a 1920 paper (published in 1921) when he realized the importance of distinguishing between probability and likelihood. [“On an absolute criterion for fitting frequency curves,” R. A. Fisher, Messenger of Mathematics, 41, 1912, 155–160; “On the ‘probable error’ of a coefficient of correlation deduced from a small sample,” R. A. Fisher, Metron, 1, 4, 1921, 3–32; “On the mathematical foundations of theoretical statistics,” R. A. Fisher, Philosophical Transactions of the Royal Society of London, A, 222, 1922, 309–368; “The history of likelihood,” A.
F. Lucas, pp. 317–321 in Encyclopedia of Operations Research and Management Science, edition, S. I. Gass, C. M. Harris, editors, Kluwer Academic Publishers, Boston, 2001] 1913 Inventory Economic Order Quantity (EOQ) The well-known square-root formula for the optimal economic order quantity (EOQ), one form of which is due to Ford W. Harris, is a cornerstone of inventory management. Here K = setup cost of placing an order, D = rate of demand for product, h = holding cost per unit. Harris published the EOQ formula in 1915.
An Annotated Timeline of Operations Research: An Informal History (International Series in Operations Research & Management Science) by Saul I. Gass