In this paper, we consider that the judgments provided by the decision makers (DMs) cannot be aggregated and revised, then define them as hesitant judgments to describe the hesitancy experienced by the DMs in decision making. If there exist hesitant judgments in analytic hierarchy process-group...

In optimisation models, the characteristic features of capacity investment and dispatch planning of supply technologies are well explored for electricity systems. Little attention to date has been paid to exploring these features in an adequate manner for heat systems. This paper discusses the...

In addition to the Basel II capital ratio, Basel III requires banks to respect additional ratios, such as leverage ratio, liquidity coverage ratio and net stable funding ratio. Banks are required to be compliant with all four constraints simultaneously. Our article provides a framework for banks...

This paper presents an overview of the different methodologies and mathematical optimization models developed in the framework of the EU-funded project SiNGULAR towards the optimal exploitation and efficient short-term operation of RES production in insular electricity networks. Specifically,...

To deal with their highly variable workload, logistics companies make their task force flexible using multi-skilled employees, flexible working hours or short-term contracts. Together with the legal constraints and the handling equipments’ capacities, these possibilities make personnel...

Curriculum design is a highly important activity for the academic institutions. It is discussed in literature as a balancing academic curriculum problem (BACP). The BACP schedules courses to different semesters, while balancing the total workload per period. BACP model involves precedence...