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The general goal of the facility layout problem is to arrange a given number of facilities to minimize the total cost associated with the known or projected interactions between them. One of the special classes of the facility layout problem is the Single Row Facility Layout Problem (SRFLP),...
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The purpose of this paper is to develop a global optimization model, simplification schemes, and a heuristic procedure for the design of a shortcut-enhanced unidirectional loop aisle-network with pick-up and drop-off stations. The objective is to minimize the total loaded and empty trip...
Persistent link: https://www.econbiz.de/10008865336
Risk aversion is a prevalent phenomenon when sufficiently large amounts are at risk. In this paper, we introduce a new prescriptive approach for coping with risk in sequential decision problems with discrete scenario space. We use Conditional Value-at-Risk (CVaR) risk measure as optimization...
Persistent link: https://www.econbiz.de/10010682501
Sports scheduling has become an important area of applied operations research in recent years, since satisfying fans' and teams' requests and revenues of a sports league and TV networks may be affected by quality of the league schedule. While this type of scheduling problem can be solved by...
Persistent link: https://www.econbiz.de/10010667494
Usually, resources are short in supply when earthquakes occur. In such emergency situations, disaster relief organizations must use these scarce resources efficiently to achieve the best possible emergency relief. This paper therefore proposes a multi-objective, multi-mode, multi-commodity, and...
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