Objective: The objective of the article is to present the concept of evolutionary algorithms and indicates the possibility of their implementation for the needs of the economy, especially the entrepreneurial economy. Research Design & Methods: This conceptual article relies on literature review...

This paper presents the impact assessment of distributed generations (DGs) (such as T2 and T4 i.e operating at different power factors such as 0.85, 0.90, 0.95 and 0.99 leading and lagging, respectively) and flexible alternating current transmission systems (FACTS) controllers like SVC with...

We proposed and created a methodology to solve a real-world problem, which is a special case of the generalized assignment problem. The problem consists of assigning drivers to harvesters, which will then be assigned to harvest sugarcane in order to maximize daily profit. A set of drivers have...

Flexible manufacturing system (FMS) readily addresses the dynamic needs of the customers in terms of variety and quality. At present, there is a need to produce a wide range of quality products in limited time span. On-time delivery of customers’ orders is critical in make-to-order (MTO)...