Purpose – The financial crisis has led the Basel Committee to improve the system of capital requirements for market risks. This paper aims to investigate the effects of different models to estimate the market risk in the management of the trading book. The study takes into account the events...

Purpose – The financial crisis has led the Basel Committee to improve the system of capital requirements for market risks. This paper aims to investigate the effects of different models to estimate the market risk in the management of the trading book. The study takes into account the events...

Purpose – This paper aims to present a technique for optimal trajectory planning of industrial robots that applies a new harmony search (HS) algorithm. Design/methodology/approach – The new HS optimization algorithm adds one more operation to the original HS algorithm. The objective function...

Purpose – The ocean transportation of automobiles is carried out by specialized Roll‐on/Roll‐off ships, which are designed to carry a large number of automobiles at a time. Many of these shipping companies have vertically integrated or collaborated with other logistics services providers...

Purpose – This paper aims to introduce the efficiency improvement in the operating room (OR) of a local hospital using the integration of simulation and optimization. Design/methodology/approach – Based on the simulation model, a Tabu search (TS) algorithm is developed as an optimizer for...

The paper presents the optimal control theory and the maximum principle technique that is suitable for solving dynamic optimalization problems in continuous time. Modern mainstream macroeconomics stresses microeconomics principles of solved problems. However, the application of the standard...

In this paper efficient computational strategies are presented to speed-up the analysis of random media and components. In particular, a Hybrid Stochastic Optimization (HSO) tool, based on the synergy between various algorithms, i.e. Genetic Algorithms, Simulated Annealing as well as Tabu-list...

Purpose – The objectives of this study are to investigate the relationship between hotel room demand and room rates, and to find a viable solution for the optimal room rate that maximizes the total profit. Design/methodology/approach – There are various studies in the literature on how room...

Purpose – The purpose of this paper is fourfold: to provide an overview of the alternative simplified credit (ASC) and a basic understanding of how it works; to provide a brief history of the research and experimentation credit as a whole and its evolution; to emphasize the importance of this...