Many researchers and industrial professionals recognize new product development (NPD) as a potential alternative for improving and sustaining competitive position in the market and made attempt to identify factors and variables that contribute to the capability of a firm in new product...

Various continuous ant colony optimization (CACO) strategies are proposed by researchers to resolve continuous single response optimization problems. However, no such work is reported which also verifies suitability of CACO in case of both single and multiple response situations. In addition, as...