The Editorial Board of DMMS Journal is happy to introduce the "DMMS Lecture".
The first "DMMS Lecture" is "Profitability Assessment" delivered by Prof. Páll Jensson from the Reykjavik University, Iceland. And it is actually a workshop.
The workshop is to be held at the AGH-UST Faculty of Management (building D14) and consists of two parts: part 1 - Dec. 10, 16:45-20:00 classroom 319, part 2 - Dec. 11, 15:00-18:15 classroom 3.7. Classrooms are computer laboratories, so there is no need to bring a laptop with you.
The workshop is open and free, but the number of participants is limited, so registration is needed.
Registration form.Profitability Assessment - detailed information on the workshop
Learning Outcome
During the course the students develop themselves, with the guidance of the teacher, an Excel model including measures of profitability assessment. The teaching method is “learning by doing” and is mainly computer work exercising project feasibility studies, sensitivity analysis and risk assessment applied to a real-world case study.
After the course students will be able to develop computer models to assess the profitability/feasibility of investments. This main Learning Outcome can be broken down into the following sub-outcomes:
Knowledge:
- Understand the theoretical basis for profitability assessment and the time value of money
- Understand the relations and the difference between company financial statement
- Discuss and explain with the concepts and principles of accounting and financial management
- Understand the difference between feasibility studies and business plans and the objectives of each
- Understand what working capital is
Skills::
- Use and calculate the main measures of profitability including Net Present Value and Internal Rate of Return
- Know and calculate the main ways to finance a project
- Use the three-point method budgeting and investment cost estimations
- Perform sensitivity analysis including impact analysis and scenario analysis of projects
- Do Monte Carlo simulations for risk assessment of projects
- Calculate the most important financial ratios
Competence:
- Develop the economical calculations for profitability assessment of an investment project
- Build up Operating Statement, Cash Flow and Balance Sheet for a planned operation
- Present and interpret the results of profitability calculations
The 22nd(*) International Conference on Decision Making in Manufacturing and Services (DMMS) 2019 will take place in Poland in September 26—29 2019, hosted by the Faculty of Management, AGH University of Science and Technology in Krakow (Poland).
The objective of the Conference is to gather the entire Decision Making community, including academic and industry researchers and decision makers working at the interface of research and implementation in manufacturing and services. The multidisciplinary program that will include original research results and contributions to such areas as treating the interface between decision sciences, information technology and management science. Papers may address concerns of manufacturing or service firms as well as government or non-profit enterprises, and the full range of manufacturing and service systems is covered. Examples of services considered include transportation, logistics and distribution, telecommunication, tourism, medical services. Organizing and Scientific Committees gladly invite professionals, academics, students and industrialists to send contributing papers to the Conference.
For registration and submission please use Conference application.
Keynote Speakers
- Eugeniusz Toczyłowski, Warsaw University of Technology, Poland
- Dmitry Ivanov, Berlin School of Economics and Law, Germany (cancelled)
- Burcu Keskin, The University of Alabama, USA (cancelled)
- Manoj Kumar Tiwari, Indian Institute of Technology, India (cancelled)
(*) The DMMS 2019 is a continuation of "Applications of Systems Theory", a National Symposium organized 20 times since 1979 by AGH University. The Jubilee XX Symposium on "Applications of Systems Theory" was held in Zakopane in 2017 along with DMMS 2017.
General
The 22nd(*) International Conference on Decision Making in Manufacturing and Services (DMMS) 2019 will take place in Poland in September 26—29 2019, hosted by the Faculty of Management, AGH University of Science and Technology in Krakow (Poland).
The objective of the Conference is to gather the entire Decision Making community, including academic and industry researchers and decision makers working at the interface of research and implementation in manufacturing and services. The multidisciplinary program that will include original research results and contributions to such areas as treating the interface between decision sciences, information technology and management science. Papers may address concerns of manufacturing or service firms as well as government or non-profit enterprises, and the full range of manufacturing and service systems is covered. Examples of services considered include transportation, logistics and distribution, telecommunication, tourism, medical services. Organizing and Scientific Committees gladly invite professionals, academics, students and industrialists to send contributing papers to the Conference.
Areas of interest include but are not limited to:
- Applications of decision theory in manufacturing and service management
- Operational research techniques for manufacturing and service management
- Design of manufacturing and service systems
- Planning and scheduling in manufacturing and services
- Logistics and supply chain management
- Financial decision making in manufacturing and services
- Decision making in cyber-physical manufacturing and service systems
- Data science and machine learning for decision making in manufacturing and services
- Supply chain disruption management
- Homeland and cyber security
(*) The DMMS 2019 is a continuation of "Applications of Systems Theory", a National Symposium organized 20 times since 1979 by AGH University. The Jubilee XX Symposium on "Applications of Systems Theory" was held in Zakopane in 2017 along with DMMS 2017.
Terms & Dates
Important dates
- 15.08.2019 – registration, extended abstract submission
- 15.08.2019 – notification on acceptance
- 15.08.2019 – conference fee
- 10.09.2019 – paper submission
PhD Students
During the DMMS 2019 Conference a special session for Students and PhD Candidates is organized. All the papers are welcome to participate in the Best Paper Award competition.Conference Program:
- Sep. 26 — Registration, dinner
- Sep. 27— Opening ceremony, Conference sessions
- Sep. 27 — Conference sessions, gala dinner
- Sep. 28— Conference sessions, closing ceremony
- Sep. 29— Conference excursion
Conference fee
- Conference fee: EUR 480 (PLN 2000)
- Students and PhD Candidates: EUR 350 (PLN 1500)
The Conference fee includes the Book of Abstracts, 3 lunches, 2 dinners, gala dinner, coffee breaks and excursion.
Payment in PLN: 96 1240 4722 1111 0000 4858 2922
IBAN: PL96124047221111000048582922
Payment in EUR: 49 1240 4722 1978 0000 4859 8327
IBAN: PL49124047221978000048598327
SWIFT: PKOPPLPW
Bank name: Bank Polska Kasa Opieki Spółka Akcyjna
Recipient/Account name: AGH University of Science and Technology, al. Mickiewicza 30, 30-059 Kraków, Poland
Title: Name of the Participant, 720 200 4216 — DMMS2019
Please provide the name of the university. Make sure you include the 10-digit subaccount number: 720 200 4216, otherwise the money will not reach us. All bank charges related to the transfer are borne by the participant.
Committees
Scientific Committee
- Tadeusz SAWIK – Chairman
- T.C. Edwin CHENG
- Alexandre DOLGUI
- Jan Tadeusz DUDA
- Stanley B. GERSHWIN
- Alain B. HAURIE
- Dmitry IVANOV
- Marianna JACYNA
- Waldemar KACZMARCZYK
- Rainer KOLISCH
- Jacek B. KRAWCZYK
- Marek KUBALE
- Mary E. KURZ
- Piotr ŁEBKOWSKI
- Seichi NAKAMORI
- Peter NELSON
- Chrissoleon PAPADOPOULOS
- Joao Pedro PEDROSO
- Erwin PESCH
- Moshe SNIEDOVICH
- Kathryn E. STECKE
- Thomas M. TIRPAK
- Manoj K. TIWARI
- Eugeniusz TOCZYŁOWSKI
- Jan WĘGLARZ
- Ana VIANA
- Margaret M. WIECEK
- Kiyoshi YONEDA
- W. Henk M. ZIJM
Organizing Committee
- Tadeusz SAWIK – Chairman
- Katarzyna GDOWSKA
- Roger KSIĄŻEK
- Joanna MARSZEWSKA
- Bartosz SAWIK
Submission
Submitted extended abstracts will be subject to reviews by at least two independent reviewers. All accepted abstracts will be published in the Book of Abstracts to be distributed during the Conference.
For registration and submission please use Conference application.
Conference language is English. Oral presentations should take 15 minutes. The authors will have the possibility of using computers for their presentations (PDF, Power Point). There will be also opportunity to present paper with a poster in poster section.
Special PhD Students session — the Best Paper Award
All authors of presented papers are invited to submit full paper for publication in Decision Making in Manufacturing and Services, an international journal published by AGH University Press.
Attention Polish authors!
The DMMS journal has been recently awarded by the Minister of Science and Higher Education with a financial grant to strongly support its further development. DMMS has been placed on the new List of Journals approved and recommended by the Minister.
Contact
AGH University of Science and Technology
Faculty of Management
Dep. of Operations Research
DMMS 2019
30, Mickiewicza Av., 30-059 Kraków
e-mail: dmms@zarz.agh.edu.pl
tel. +48 617 43 34
Venue
Conference venue & accomodation
Hotel Hyrny, 20, Piłsudskiego st., Zakopane, Poland
www.hyrny.pl
Registered participants and accompanying persons of DMMS 2019 will have a reserved number of single and double rooms at discounted rates.
HOW TO GET TO KRAKÓW
Krakow has direct flight connections with European cities.
The new Krakow Airport train station is located near the passenger terminal, at the rear of the multi-storey car park. The connection is operated by Koleje Małopolskie (regional railways company operating in Małopolska Region). Travelling by train is the fastest way to get from the airport to Krakow Glowny centrally situated main rail station located in the city center (the journey takes about 17 minutes).
Detailed information is to be found here: Train.
HOW TO GET TO ZAKOPANE
Zakopane is situated barely 100 kilometers from Krakow by road, to the south. Yet driving takes usually as long as two hours due to traffic congestion, speed limits, and tailbacks that result from frequent road works, accidents, and other mishaps. And both motorists and bus passengers should be prepared for a three-hour journey or longer on weekends and public holidays.
The main route from Krakow, popularly known as Zakopianka, leads via Myslenice and Nowy Targ, and it consists of a dual carriageway (a divided highway) between Krakow and Lubien and a two-lane highway for the most of the rest of the distance. The first sixty kilometers of the itinerary, from Krakow to Rabka/Zabornia, correspond to the international highway E7 which is Poland’s main trans-European route linking the Baltic Sea with the Mediterranean via Slovakia and Austria; then the national road number 47 meanders from Rabka to Zakopane.
There are frequent buses (around 100 regular bus connections daily, 2 hours travel time) between Zakopane and Krakow’s central coach station at 18 Bosacka street. Plus up to ten trains a day run to Zakopane from Krakow Glowny rail station, both expresses and slow trains that cover the distance in around 3 hours.
Detailed information on regular bus lines is to be found here: Bus.
Departures to Zakopane
Information on trains is to be found here: Train.
Dmitry Ivanov
Prof. Dr. habil. Dmitry Ivanov is professor of Supply Chain Management at Berlin School of Economics and Law (HWR Berlin) and executive board member of Institute for Logistics (IfL) at HWR Berlin.
His research explores supply chain structural dynamics and control, with an emphasis on global supply chain design with disruption risks, optimal control and scheduling in Industry 4.0 systems, supply chain simulation and risk analytics in the digital era.
His record counts around 300 publications, with 66 papers in prestigious international academic journals and leading books “Adaptive Supply Chain Management”, “Global Supply Chain and Operations Management”, „Structural Dynamics and Resilience in Supply Chain Risk Management“, and “Handbook of the Ripple Effects in Supply Chains”. He is a recipient of German Chancellor Scholarship (2005-2006) and Best Paper Award of International Journal of Production Research (2018). He is leading working groups, tracks and sessions on the Digital Supply Chain, Supply Chain Risk Management and Resilience in global research communities.
He is Editor of International Journal of Integrated Supply Management, Associate Editor in International Journal of Production Research and International Journal of Systems Science, and editorial board member and guest editor in several international journals. He is Chairman of IFAC TC 5.2 “Manufacturing Modelling for Management and Control” and General Chair of the 9 th IFAC MIM 2019 Conference.
Title: Managing Resilience and the Ripple Effect in Supply Chains
Abstract:In the first part or our talk, we discuss practical principles to manage supply chain resilience and the Ripple effect. We analyse state-of-the-art frameworks and model-based decision-making support in designing the resilient supply chain with a low exposure to the Ripple effect. In the second part of the presentation, we uncover methodological principles of data-driven disruption risk management and theorize a notion of a digital supply chain twin – a computerized model that represents the network state for any given moment in real time. We explore the conditions surrounding the design and implementation of the digital twins when managing disruption risks in SCs. Particularly, we show which risk data is needed in model-based decision-making support in SC disruption management, and how to integrate this data in simulation-optimization models in order to improve the quality of proactive resilient network design, reactive real-time disruption control, and performance impact assessments.
Burcu B. Keskin
Dr. Burcu B. Keskin is a professor of Operations Management (OM) and the Associate Department Head of Information Systems, Statistics, and Management Science Department at The University of Alabama. She earned her Ph.D. in industrial engineering from Texas A&M University. She has conducted research in different areas of supply chain management including inventory theory, facility location, network design, and vehicle routing. She has obtained funding for her research through the government agencies grants and several companies. Her papers were selected as finalists of the Daniel H. Wagner Prize for Operations Research Excellence in Practice twice. She has over twenty publications that appeared in prestigious Operations Research journals. Dr. Keskin serves in the editorial boards of OMEGA: The International Journal of Management Science, Computers and Operations Research, and INTERFACES. She is also an ad-hoc reviewer for numerous journals. She is the recipient of 2014 Culverhouse Board of Visitors Teaching Award.
In addition to her scholarly activities, Dr. Keskin is an active member of the INFORMS, DSI, and POMS. Dr. Keskin was the Treasurer and Vice President of Tuscaloosa Region, INFORMS Deep South Chapter from 2008-2016. Dr. Keskin was an elected officer (secretary and president) of INFORMS Junior Faculty Interest Group from 2008 through 2011. From 2008-2013, Dr. Keskin served in INFORMS Chapters/Fora committee and since 2016, she has been serving in the INFORMS Education Committees. She has served in the organization committees of 2013 DSI Annual conference in Baltimore, MD; 2012 INFORMS Annual conference in Phoenix, AZ; 2018 INFORMS Annual conference in Phoenix, AZ; 2010 INFORMS Southern Regional Conference in Huntsville, AL; and 2008 INFORMS Southwest Regional Conference in College Station, TX. Dr. Keskin served as the Doctoral Student Colloquia Chair in 2016 and as the Combined Colloquia chair during 2017-2018 term. Due to her involvement with INFORMS student chapters and fora, Dr. Keskin was a recipient of the INFORMS Judith Liebman Moving Spirit Award in 2007 and INFORMS Fora Moving Spirit Award in 2013. The INFORMS Student Chapter has received the Cum Laude national award in 2009, 2010, and 2011. She is also the faculty advisor of the National Association of Women MBAs.
Eugeniusz Toczyłowski
Eugeniusz Toczyłowski is a Full Professor at the Warsaw University of Technology (WUT) in the Institute of Control and Computation Engineering.
His main research interests are centered around designing operations research decision models and methods for control and management of complex systems, including designing auctions and competitive market design for the networked infrastructure systems, such as electric power or telecom systems, that operate under various conditions and constraints.
As the project leader, he has over 20 years of experience in the Polish electricity market developments, in cooperation with the Polish Transmission System Operator, PSE S.A in the area of designing new market design and algorithms to support efficient and incentive-compatible solutions at the national and regional level.
He is the author of a generic multi-commodity market design model, which is a promising theoretical framework for long-term evolutional development and integration of the heterogenic energy market designs at the EU level.
Title: A generic multi-commodity heterogenic energy market design by Eugeniusz Toczyłowski
Abstract: A generic multi-commodity market design model (Toczylowski 2000) was proved to be a promising theoretical framework for long-term evolutional development and integration of the heterogenic energy market designs. The market segments are in the form of the multi-commodity auctions for improved coordination between renewable and nonrenewable energy, energy options and reserves products, and obligation transmission rights trade, under the transmission flow model constraints. The approach allows us to achieve the multi-commodity market balance for joint energy, reserves, options and transmission rights products through joint dispatch/optimization and market clearing.
Manoj Kumar Tiwari
Prof. Manoj Kumar Tiwari is working in the domain of Manufacturing System and Supply Chain Management. His research and teaching interests are in modeling the Manufacturing Processes and Operations analysis in Supply Chain Networks. Optimization, Simulation and Computational Intelligence are the main techniques adopted by Prof. Tiwari to automate the decision support system for complex and large scale problems in Manufacturing and Logistics System. His research interests have been supported by several industries, national and international research funding agencies. He has published more than 295 papers (Scopus H-index-43) in the International Journals of repute and he has been rated as Rank 1 among top 100 individual researchers across the world who had published research articles in International Journal of Production Research (Taylor and Francis) during the time period 1985-2010 (International Journal of Production Research, Volume 51, Issue 23-24, 2013).
Recipient of “Most Influential Researcher Award” in the domain of Operations and Supply Chain Management (Award is given during the Third Green Supply Chain International Conference, 2016 organized by School of Business and Economics, Loughborough University, London Campus. Prof. Sir Mike Gregory, Founder and Former Head of IFM, Cambridge University has presented the award). He is the Recipient of Mahalanobis Distinguished Educator Award from the Operations Research Society of India (ORSI), in the category of Management education (2017). Prof. Tiwari also received Dr. R.P. Mohanty Gold Medal Award (2016) for Outstanding Teacher in Industrial Engineering by Indian Institution of Industrial Engineering on 59th National Convention of IIIE at Aurangabad, 2017. Prof. Tiwari is Fellow of Institute of Industrial Engineers (IISE USA), and Fellow of Indian National academy of Engineering (INAE).
He is listed among Top 20 most productive authors in the area of Production and Operations Management as reported in the last 50 years (Published in a survey article in Int. Journal of Production Economics, 2009, 120, 540-551) and rated 2nd among many researchers working in Logistics and Supply Chain Management in India (Analysis of the logistics Research in India-White paper published in TU Dortmund University, Dortmund Germany-2012). He is serving as Associate editors of IEEE System, Man and Cybernetics- System,(SMC-S), International Journal of Production Research(Taylor and Francis), Computers and Industrial Engineering (Elsevier), International Journal of System Science (Taylor and Francis), Journal of Intelligent Manufacturing (Springer), Sadhana (Springer) and Neuro-computing (Elsevier) and Decision Support Systems (Elsevier). Prof. Tiwari is in the editorial board of several International Journals such as EJOR (2010-14), IJCIM, PPC, RCIM, IJAMT, JTS etc.
Marek Karkula
Marek Karkula, PhD, DSc is a graduate of the Faculty of Electrical and Computer Engineering at Cracow University of Technology. He currently works as associate professor in the Faculty of Management, in the Department of Engineering Management at AGH University of Science and Technology in Krakow, Poland. His current research interests are in: discrete event simulation and different modelling methodologies applied for analysing and optimizing of logistics and transportation processes, discrete optimization, supply chain optimization, data analytics, machine learning and soft computing applications in supply chain, digital supply chains, business process management. He has authored/co-authored over 100 scientific publications in monographs and scientific journals. He also has rich industrial experience in designing, analysis, modelling and simulation of logistics systems and processes.
Jurek Duda
Jerzy Duda is an Assistant Professor in the Department of Applied Computer Science at AGH University of Science and Technology, Faculty of Management located in Cracow, Poland. He owns a PhD in management from AGH University and Postgraduate Diploma in Software Engineering from Jagiellonian University. He was a contractor of many projects in the field of information technology and production management, including the ones financed by the European Union. Currently he is the head of scientific and research team in a POIR project for Walstead Central Europe. He is the author of two patent applications and several dozen publications in the field of production management, optimization and applications of information technology. He is the member of IEEE Computational Intelligence Society and EU/ME The Metaheuristics Community. His research interests are computational intelligence in production management, distributed integrated information technology systems, heuristic algorithms, single and multi-criteria optimization, advanced planning and scheduling systems, uncertainty modelling using interval arithmetic and fuzzy theory.
