Modeling and Applications in Operations Research : CRC Press : 9781032407371 : 1032407379 : 29 Nov 2023 : The text envisages novel optimization methods that significantly impact real-life problems, starting from inventory control to economic decision-making. It discusses topics such as inventory control, queueing models, timetable scheduling, fuzzy optimization, and the Knapsack problem. The book's content encompass the following key aspects: Presents a new model based on an unreliable server, wherein the convergence analysis is done using nature-inspired algorithms Discusses the optimization techniques used in transportation problems, timetable problems, and optimal/dynamic pricing in inventory control Highlights single and multi-objective optimization problems using pentagonal fuzzy numbers Illustrates profit maximization inventory model for non-instantaneous deteriorating items with imprecise costs Showcases nature-inspired algorithms such as particle swarm optimization, genetic a