As one of the strongest Othello agents, Edax employs an n-tuple network to evaluate the board, with points of interest represented as tuples. However, this network maintains a constant shape throughout the game, whereas the points of interest in Othello vary with respect to game’s progress....

This study evaluates the effectiveness of the Non-dominated Sorting Genetic Algorithm III (NSGA-III) in comparison to the traditional Mean-Variance optimization method for financial portfolio management. Leveraging a dataset of global financial assets, we applied both approaches to optimize...

Background: In today's business world, where competition lies between supply chains, customer expectations are changing dynamically. Effective order picking in warehouses has become a top concern given expectations for rapid delivery, a larger product range, and continuous support. Methods: In...

In this work, we extend the time-dependent vehicle routing problem with time windows on a road network by considering two types of vehicles, large and small, to serve customers. Motivated from city logistics applications, large vehicles are forbidden from the downtown area. Accordingly, goods...

Disasters are unforeseen occurrences requiring extensive transport deployment to support and relieve victims. Sometimes, this transportation is not feasible directly from some supply points to some destination points. Due to this tragedy, it is unclear precisely what is available at supply...

Purpose - This research aims to identify the optimal configuration of investment which leads firms to their best competitive positions, considering the degree of concentration in the market. Design/methodology/approach - The methodology was quantitative and based on secondary data with samples...

In this paper, we analyze a perturbed formulation of bilevel optimization problems, which we refer to as δ-perturbed formulation. The δ-perturbed formulation allows to handle the lower level optimization problem efficiently when there are multiple lower level optimal solutions. By using an...

Purpose: Cloud manufacturing (CM) represents a new manufacturing paradigm that integrates distributed resources to provide on-demand services. The high consumer demand from various locations, coupled with the customizability and complexity of manufacturing, complicates task scheduling. In this...

Background: The Multi Depot Pickup and Delivery Problem with Time Windows and Heterogeneous Vehicle Fleets (MDPDPTWHV) is a strongly practically oriented routing problem with many real-world constraints. Due to its complexity, solution approaches with sufficiently good quality ideally contain...

Efficient route management is critical for optimizing maintenance activities in real estate management. This study delves into the intricate task of allocating maintenance duties among building surveyors, a pivotal concern for property management firms. The primary goal of route planning is to...

The fog computing paradigm is promising for deploying various delay-sensitive Internet of Things (IoT) applications. The resource-constrained fog devices restrict the number of application deployments due to a lack of efficient resource estimation and discovery mechanisms for various emergent...

A mutualism of nature-inspired algorithms, the Bald Eagle Search Algorithm (BESA) with the Crow Search Algorithm (CSA), is proposed for Gaussian Mixture Model optimisation in the speaker verification framework. BESA simulates bald eagles' hunting behaviour, whereas CSA simulates crows'...

This study presents a generalized approach for implementing the Triadic control policy in queueing modeling of a redundant machining system with multiple servers. The machining system further integrates a policy for servers that allows for multiple working vacations. The fluctuation of active...

Open shop scheduling problems (OSSP) are highly significant in engineering and industry, involving critical scheduling challenges. The job type determines the duration required for material transfer between machines and remains unaffected by distance, eliminating any waiting time for transfers....

This paper proposes a novel method of Pareto front generation from a set of piecewise linear trade-off curves typically encountered in bi-objective just-in-time (JIT) scheduling problems. We have considered the simultaneous minimization of total weighted earliness and tardiness (TWET) and total...

We present a framework for multi-objective optimization where the classical mean-variance portfolio model is extended to integrate the environmental, social and governance (ESG) criteria on the same playing field as risk and return and, at the same time, to reflect the investors' preferences in...

Background: The global logistics industry is facing looming challenges related to labor shortages and low-efficiency problems due to the lack of logistics facilities and resources, resulting in increased logistics delays. The Physical Internet is seen as a way to take logistics into the next...

Insurance pricing is the process of determining the premiums that policyholders pay in exchange for insurance coverage. In order to estimate premiums, actuaries use statistical based methods, assessing various factors such as the probability of certain events occurring (like accidents or...

A distributed machine learning technique called federated learning allows numerous Internet of Things (IoT) edge devices to work together to train a model without sharing their raw data. Internet of Vehicular Things (IoVT) are an important tool in smart cities for moving objects, such as knowing...

The flexible job shop scheduling problem (FJSSP) is a complex optimization challenge that plays a crucial role in enhancing productivity and efficiency in modern manufacturing systems, aimed at optimizing the allocation of jobs to a variable set of machines. This paper introduces an algorithm to...