The transit network design problem (TNDP) takes the form of bi-level programming and falls into the category of nondeterministic polynomial time-hard (NP-hard) problems that cannot be solved in a practical amount of computing time as the problem size increases. The upper-level objective is to...

The implementation of a framework for a fixed deposit system using smart contract in Remix IDE provides a secure and efficient method for managing fixed deposit accounts. This system utilizes the Ethereum blockchain, which ensures transparency, security, and immutability of data. The Smart...

Algorithmic trading enables the execution of orders using a set of rules determined by a computer program. Orders are submitted based on an asset’s expected price in the future, an approach well suited for high-volatility markets, such as those trading in cryptocurrencies. The goal of this...

The current schedule management practices by the Korean Engineer, Procure, Construct companies are unsustainable. These companies are, on average, experiencing margin losses as high as -7.2%, mainly attributed to expensive construction acceleration or significant delay liquidated damages (DLDs)...

While Artificial Intelligence (AI) has been in existence since the Seminal work of Newell and Simon (1956), it still represents one of the significant breakthroughs that offer the opportunity for digital transformation and automation across a wide variety of industries. As defined by Colosimo et...

Algorithmic management has a clear potential to reduce time spent at work by increasing efficiency in task allocation and performance, and by replacing some forms of human labour. As a result it should, in theory, advance the implementation of working time reduction policies. Automation of...

Project scheduling is one of the core elements of project management, which is essential for engineering-to-order manufacturing companies to improve productivity, reduce costs and shorten project finish time. This paper explores the multi-mode project scheduling problem under resource and finish...

In this paper, we investigate optimization of an aircraft maintenance routing problem (AMRP), which is currently a hot research topic in the air transport industry. The optimization of AMRP can help airline companies improve their management capacity and operational efficiency. However, there...