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...

Solving non-linear parabolic partial differential equations (PDEs) in high dimension becomes an interest for its curse of dimensionality problem. Recently, a deep learning method associated with a backward stochastic differential equation (deep-BSDE) to solve the PDEs draws intensive discussions...

Algorithms play an increasingly important role in economic situations. Often these situations are strategic, where the artificial intelligence may or may not be cooperative. We study the determinants and forms of algorithmic cooperation in the infinitely repeated prisoner's dilemma. We run a...

The quadratic assignment problem (QAP) is one of the most important combinatorial optimization problems in theory and practice. In this paper, we are proposing a hierarchical data-driven parallel memetic algorithm to solve the problem. A component-based hierarchical system architecture with a...

Risk interaction network (RIN), a system comprised of risk (nodes) and triggering relations (edges) between risks, changes the likelihood of occurring and also the impact of a risk. An issue of optimizing RIN, allowing for the risk response actions of weakening risk interactions, departs from...

Follow the leader (FTL) algorithm is a newly developed optimization algorithm inspired by a sheep's movement within a flock. FTL has been successfully implemented to solve power prediction problems. However, the probability of falling in local optima is high due to randomness in the step...

Passengers must use a set of modes and vehicles to reach their destination in complicated urban structures. Choosing an optimal route is a complicated optimization problem for these passengers. This study proposes a multi-objective optimization algorithm to solve the routing problem in the urban...