Rank dependent utility maximization is applied in maximizing a linear and a quadratic scheduling model considering a subjective weighting over uncertain outcomes. The optimal departure time and maximal utility are different from that under expect utility maximization in the transformed travel...

The standard method of estimating the value of travel time variability for use in policy appraisal is to estimate the parameters of a reduced-form utility function, where some measure of travel time variability (such as the standard deviation) is included. A problem with this approach is that...

This study deals with industrial processes that produce soft drink bottles in different flavours and sizes, carried out in two synchronised production stages: liquid preparation and bottling. Four single-stage formulations are proposed to solve the synchronised two-stage lot sizing and...

In machine tool assembly several make-to-order products have to be manufactured simultaneously in a multi-stage production system. Due to customer requirements batches are very small. A process plan specifies the neccessary machines, tools, auxiliary devices as well as the operations to be...

In machine tool assembly several make-to-order products have to be manufactured simultaneously in a multi-stage production system. Due to customer requirements batches are very small. A process plan specifies the neccessary machines, tools, auxiliary devices as well as the operations to be...