Applications of Operational Research in Business and Industries

Prof. Gunasekaran is currently the Special Assistant to the Provost for Academic Affairs and Student Success Professor of Operations Management (Tenured) at California State University, Bakersfield (USA). He obtained Ph.D. in Industrial Engineering and Operations Research from IIT, Mumbai in 1988 and participated in several training programs/seminars/workshops organised by prominent institutions such as UMass Dartmouth, CSU Bakersfield, AACSB, NASPAA, NEASC, WASC, George Blumenthal Scholar, and CSUB Deans Academy to name a few. Apart from holding many key academic and administrative positions earlier, Prof. Gunasekaran published over 400 research papers and authored several editorial notes on emerging areas of Operations Management and MIS. In addition to the recipient of many honours and awards, he is the Editor-in-Chief of several journals, including OPSEARCH. Prof. Jai Kishore Sharma is at present Head, School of Business, Amity University, Noida (UP). Earlier, he was Professor, Faculty of Management Studies, University of Delhi. He was Visiting Professor, Department of Logistics and Production, Group ESSEC (Graduate School of Management), France; Amity University, Dubai Campus; and at Amity Institute of Higher Education, Mauritius. Apart from having different academic and administrative assignments at senior positions, his fields of academic interest are OR/decision science, supply chain management, business research methods, etc. He has 137 research papers, 24 case studies and 20 text-books to his credit. He is the President of Operational Research Society of India (ORSI). Samarjit Kar is currently a professor in the Department of Mathematics, National Institute of Technology Durgapur, India. He is also an active participant in Chinese academia having served as a visiting professor at Tsinghua University since 2009. His academic collaborations/co-authors include academics fromChina, Poland, Norway, Canada, Serbia, Lithuania and Turkey. His current research interests include operations research and optimization, soft computing, machine learning and uncertainty modelling. He has published over 160 referred articles in international journals and authored six edited book volumes in Springer. His articles have been cited more than 5200 times on Google Scholar and have appeared in prestigious journals. He is serving as an Associate Editor of OPSEARCH and Guest editors of IEEE Transaction on Fuzzy Systems, Sustainability, Symmetry and Mathematics journals. Presently he act as secretary to Operational Research Society of India (Kolkata Chapter).

Chapter 1: Optimization of an inventory model with demand dependent on selling price and stock, nonlinear holding cost along with trade credit policy.- Chapter 2: Software Defect Prediction Through a Hybrid Approach Comprising of a Statistical Tool and a Machine Learning Model.- Chapter 3: Conservation of a prey species through optimal taxation: a model with Beddington-DeAngelis Functional Response.- Chapter 4: Investigate the reason for students' absenteeism in Engineering College in Fuzzy MCDM environment.- Chapter 5: Optimal inventory management policies for substitutable products considering non-instantaneous decay and cost of substitution.