The optimum wind farm configuration problem is discussed in this paper and an evolutive algorithm to optimize the wind farm layout is proposed. The algorithm's optimization process is based on a global wind farm cost model using the initial investment and the present value of the yearly net cash...

We develop a pricing algorithm for US-style period-average reset options written on an underlying asset which evolves in a Cox-Ross-Rubinstein (CRR) framework. The averaging feature of such an option on the reset period makes the price valuation problem computationally unfeasible because the...

Information on current forest condition is essential to assess and characterize resources and to support resource management and policy decisions. The 1998 Farm Bill mandates the US Forest Service to conduct annual inventories to provide annual updates of each state's forest. In annual...

Information on current forest condition is essential to assess and characterize resources and to support resource management and policy decisions. The 1998 Farm Bill mandates the US Forest Service to conduct annual inventories to provide annual updates of each state's forest. In annual...

Search and optimization in the context of blackbox objective function evaluation subject to blackbox constraints satisfaction is the thesis of this work. The SEARCH (Search Envisioned As Relation and Class Hierarchizing) framework introduced by Kargupta (1995) offered an alternate perspective of...