The use of non-iterative shortest route algorithm for finding shortest route between points in a network is illustrated. The non-iterative approach can be applied to various network problems that can be solved using shortest route algorithm and provides a solution with much less effort. The...

Adaptive sample size and sampling intervals schemes have been widely used to improve the statistical efficiency of Hotelling T² control chart in detecting small changes when the quality of a product or a process can be characterised by the multivariate distribution of quality characteristics....

Machining operations are used for creating surfaces by cutting away unwanted materials from workpieces. These operations are highly constrained and non-linear in nature. As a result traditional techniques are not suitable for machining parameter optimisation. Turning and milling are the two most...

In game theory, basic solution concepts often conflict with experimental findings or intuitive reasoning. This fact is possibly due to the requirement that zero probability is assigned to irrational choices in these concepts. Here, we introduce the epistemic notion of common belief in utility...

Given a seller with <InlineEquation ID="IEq1"> <EquationSource Format="TEX">$$k$$</EquationSource> </InlineEquation> types of items, <InlineEquation ID="IEq2"> <EquationSource Format="TEX">$$m$$</EquationSource> </InlineEquation> of each, a sequence of users <InlineEquation ID="IEq3"> <EquationSource Format="TEX">$$\{u_1, u_2,\ldots \}$$</EquationSource> </InlineEquation> arrive one by one. Each user is single-minded, i.e., each user is interested only in a particular bundle of items. The seller must set the price and assign some amount of bundles to each...</equationsource></inlineequation></equationsource></inlineequation></equationsource></inlineequation>

New versions and extensions of Benson’s outer approximation algorithm for solving linear vector optimization problems are presented. Primal and dual variants are provided in which only one scalar linear program has to be solved in each iteration rather than two or three as in previous...