Portfolio optimization context has shed only a little light on the dependence structure among the financial returns along with the fat-tailed distribution associated with them. This study tries to find a remedy for this shortcoming by exploiting stable distributions as the marginal distributions...

Purpose The childbirth process is a complex and vital event that requires careful analysis and improvement. This experience can shape a woman's perspective on motherhood and even affect her mental health. Healthcare providers must prioritize improving the birth experience for women. In this...

Discrete network design problem (DNDP) is generally formulated as a bi-level programming. In this paper, a single-level mixed integer linear programming (SL-MILP) formulation for bi-level DNDP is presented. To cope with the dependency of node-link adjacency matrix on new links, travel time...

In this paper, the dynamic single-machine scheduling problem with a sequence-dependent setup time and with minimising total weighted tardiness of jobs as the objective is investigated. Due to the dynamic nature of the problem, a function-based approach is developed that can capture dynamic...