This paper presents a Pareto-based bi-objective optimization of hazardous materials vehicle routing and scheduling problem with time windows and shows its application to a realistic hazardous material logistics instance. A meta-heuristic solution algorithm is also proposed, which returns a set...

The Markowitz portfolio optimization model, popularly known as the Mean-Variance model, assumes that stockreturns follow normal distribution. But when stock returns do not follow normal distribution, this model wouldbe inadequate as it would prescribe sub-optimal portfolios. Stock market...

The effective distribution of critical relief in post disaster plays a crucial role in post-earthquake rescue operations. The location of distribution centers and vehicle routing in the available transportation network are two of the most challenging issues in emergency logistics. This paper...

This paper proposes a method for short term security-constrained unit commitment (SCUC) for hydro and thermal generation units. The SCUC problem is modeled as a multi-objective problem to concurrently minimize the ISO's cost as well as minimizing the emissions caused by thermal units. The...

In this study, a mathematical model of an ice thermal energy storage (ITES) system for gas turbine cycle inlet air cooling is developed and thermal, economic, and environmental (emissions cost) analyses have been applied to the model. While taking into account conflicting thermodynamic and...