Markov chain theory is proving to be a powerful approach to bootstrap finite states processes, especially where time dependence is non linear. In this work we extend such approach to bootstrap discrete time continuous-valued processes. To this purpose we solve a minimization problem to partition...

The companies dealing with multiple projects are geographically distributed at different locations. These projects require local (always available to the concerned project) and global (shared among the projects) resources that are available in limited quantity. The global resources are generally...

Cutoff grade specifies the available supply of metallic ore from an open pit mine to the multiple processing streams of an open pit mining complex. An optimal cutoff grade strategy maximizes the net present value (NPV) of an open pit mining operation subject to the mining, processing, and...

We address the Capacitated m-Ring-Star Problem in which the aim is to find m rings (simple cycles) visiting a central depot, a subset of customers and a subset of potential (Steiner) nodes, while customers not belonging to any ring must be “allocated” to a visited (customer or Steiner) node....