In this paper, we focus on the relationship between operations-based variables (specifically, production speed, scrap rate and maintenance speed) and the manufacturing cost. These variables usually produce opposite influences on the variable cost and the fixed cost. For example, setting the...

Good quality surface water and groundwater resources are limited furthermore they are shrinking because of the urbanization, contamination, and climate change impacts. In this backdrop, the proper allocation and management of these resources is a critical challenge for satisfying the rising...

This paper proposes one new stochastic approximation algorithm for solving simulation-based optimization problems. It employs a weighted combination of two independent current noisy gradient measurements as the iterative direction. It can be regarded as a stochastic approximation algorithm with...

Use of structural measures for controlling a river to minimize its devastating effect and to utilize it for the benefit of mankind is a common practice all over the world. Because of high investment, such measures require prior investigation through model study. As lab based physical model study...