EURO Advanced Tutorials on Operational Research

http://www.springer.com/series/13840

Aim and scope

The EURO Advanced Tutorials on Operational Research are a series of short books devoted to an advanced topic – a topic that is not treated in depth in available textbooks. The series covers comprehensively all aspects of Operations Research. The scope of a Tutorial is to provide an understanding of an advanced topic to young researchers, such as PhD students or Post-docs, but also to senior researchers and practitioners. Tutorials may be used as textbooks in graduate courses. These tutorials are not collections of chapters written by different authors.

The scientific scope of this textbook series is the general scope of Operations Research and the series will publish both application-oriented tutorials (e.g. portfolio optimization, cutting and packing, location, vehicle routing, scheduling, etc.) and method- or technique-oriented tutorials (e.g. branch-and-cut, Lagrangean relaxation, column generation, metaheuristics, heuristics, dynamic programming, etc.).

The format of the tutorial will be that of a textbook. Therefore, although co-authored books are very much welcomed, the number of authors should be small enough to allow for a uniform style and vision along the book. We expect authors to be prominent scholars with extensive didactic experience.

The tutorials will have usually between 80 and 150 pages. Besides the printed format, they will be included in the Springer e-book collection.

Series Editors

M. Grazia Speranza, Dipartimento de Economia e management. Iniversita di Brescia. Italy. (e-mail: [email protected])
José Fernando Oliveira, Faculdade de Engenhaira. Universidade do Porto, Portugal. (e-mail: [email protected])

Please contact the editors for more information or to submit ideas for topics.

Titles in this Series

Eighth Issue: Analytical Techniques in the Assessment of Credit Risk

Authors: Doumpos, M., Lemonakis, C., Niklis, D., Zopounidis, C.

This book provides a unique, focused introduction to the analytical skills, methods and techniques in the assessment of credit risk that are necessary to tackle and analyze complex credit problems. It employs models and techniques from operations research and management science to investigate more closely risk models for applications within the banking industry and in financial markets. Furthermore, the book presents the advances and trends in model development and validation for credit scoring/rating, the recent regulatory requirements and the current best practices. Using examples and fully worked case applications, the book is a valuable resource for advanced courses in financial risk management, but also helpful to researchers and professionals working in financial and business analytics, financial modeling, credit risk analysis, and decision science.

https://www.springer.com/gb/book/9783319994109

Seventh Issue: Traffic Flow Modelling

Authors: van Wageningen-Kessels, Femke

This book introduces readers to the main traffic flow modelling approaches and discusses their features and applications. It provides a comprehensive and cutting-edge review of traffic flow models, from their roots in the 1930s to the latest developments in the field. In addition, it presents problem sets that offer readers further insights into the models and hands-on experience with simulation approaches. The simulations used in the exercises can be built upon for readers’ own research or other applications.
The models discussed in this book are applied to describe, predict and control traffic flows on roads with the aid of rapid and accurate estimations of current and future states. The book shows how these models are developed, what their chief characteristics are, and how they can be effectively employed.

http://www.springer.com/us/book/9783319786940

Sixth Issue: Supply Chain Finance

Authors: Zhao, Lima, Huchzermeier, Arnd

This textbook presents a coherent and robust structure for integrated risk management in the context of operations and finance. It explains how the operations-finance interface jointly optimizes material and financial flows under intricate risk exposures. The book covers financial flexibility, operational hedging, enterprise risk management (ERM), supply chain risk management (SCRM), integrated risk management (IRM), supply chain finance (SCF), and financial management of supply chain strategies. Both qualitative and quantitative approaches – including conceptualization, theory building, analytical modeling, and empirical research – are used to assess the value creation by integrating operations and finance.

http://www.springer.com/us/book/9783319766621

Fifth Issue: Metaheuristics for Business Analytics

Authors: Duarte, Abraham, Laguna, Manuel, Marti, Rafael

This essential metaheuristics tutorial provides descriptions and practical applications in the area of business analytics. It addresses key problems in predictive and prescriptive analysis, while also illustrating how problems that arise in business analytics can be modelled and how metaheuristics can be used to find high-quality solutions. Readers will be introduced to decision-making problems for which metaheuristics offer the most effective solution technique. The book not only shows business problem modelling on a spreadsheet but also how to design and create a Visual Basic for Applications code.

http://www.springer.com/gb/book/9783319681177

Fourth Issue: Compact Extended Linear Programming Models

Authors: Lancia, Giuseppe, Serafini, Paolo

This book provides a handy, unified introduction to the theory of compact extended formulations of exponential-size integer linear programming (ILP) models. Compact extended formulations are equally powerful, but polynomial-sized, models whose solutions do not require the implementation of separation and pricing procedures. The book is written in a general, didactic form, first developing the background theoretical concepts (polyhedra, projections, linear and integer programming) and then delving into the various techniques for compact extended reformulations. The techniques are illustrated through a wealth of examples touching on many application areas, such as classical combinatorial optimization, network design, timetabling, scheduling, routing, computational biology and bioinformatics. The book is intended for graduate or PhD students – either as an advanced course on selected topics or within a more general course on ILP and mathematical programming – as well as for practitioners and software engineers in industry exploring techniques for developing optimization models for their specific problems.

http://www.springer.com/gb/book/9783319639758

Third Issue: Multiobjective Linear and Integer Programming

Authors: Henggeler Antunes, Carlos, João Alves, Maria, Clímaco, João

This book provides a comprehensive introduction to multiobjective optimization, spanning the main concepts, surrogate scalar functions and interactive methods. It presents illustrative examples of how to employ the main interactive methods representative of different strategies of search, solution computation techniques and dialog protocols It includes interactive software to be used in the classroom for teaching purposes, for assignments and also for actual decision-making support.

http://www.springer.com/it/book/9783319287447

Second Issue: Dual-Feasible Functions for Integer Programming and Combinatorial Optimization

Authors: Alves, C., Clautiaux, F., de Carvalho, J.V., Rietz, J.

This book provides a postgraduate audience the keys they need to understand and further develop a set of tools for the efficient computation of lower bounds and valid inequalities in integer programs and combinatorial optimization problems. After discussing the classical approaches described in the literature, the book addresses how to extend these tools to other non-standard formulations that may be applied to a broad set of applications. Examples are provided to illustrate the underlying concepts and to pave the way for future contributions.

http://www.springer.com/it/book/9783319276021

First Issue: Linear and Mixed Integer Programming for Portfolio Optimization

Authors: Renata Mansini, Wlodzimierz Ogryczak, Grazia Speranza

This book presents solutions to the general problem of single period portfolio optimization. It introduces different linear models, arising from different performance measures, and the mixed integer linear models resulting from the introduction of real features. Other linear models, such as models for portfolio rebalancing and index tracking, are also covered. The book discusses computational issues and provides a theoretical framework, including the concepts of risk-averse preferences, stochastic dominance and coherent risk measures. The material is presented in a style that requires no background in finance or in portfolio optimization; some experience in linear and mixed integer models, however, is required. The book is thoroughly didactic, supplementing the concepts with comments and illustrative examples.

http://www.springer.com/gb/book/9783319184814