Showing 1 - 10 of 78
Globally optimal free flight trajectory optimization can be achieved with a combination of discrete and continuous optimization. A key requirement is that Newton's method for continuous optimization converges in a sufficiently large neighborhood around a minimizer. We show in this paper that,...
Persistent link: https://www.econbiz.de/10015181957
Many aspects of social welfare are intrinsically multidimensional. Composite indices at-tempting to reduce this complexity to a unique measure abound in many areas of economics and public policy. Comparisons based on such measures depend, sometimes critically, on how the di erent dimensions of...
Persistent link: https://www.econbiz.de/10010313213
In this work, the potentials of data-driven optimization for the well-known berth allocation problem are studied. The aim of robust berth scheduling is to derive conflict-free vessel assignments at the quay of a terminal, taking into account uncertainty regarding the actual vessel arrival times...
Persistent link: https://www.econbiz.de/10015191654
The ever-increasing concerns of the growth in the volume of waste tires and new strict government legislations to reduce the environmental impact of the end-of-life (EOL) tires have increased interest among companies to design a sustainable and efficient closed-loop supply-chain (CLSC) network....
Persistent link: https://www.econbiz.de/10015194803
Background: The Dynamic Modified Stochastic p-Median Problem (DMS-p-MP) is an important problem in supply chain network design, as it deals with the optimal location of facilities and the allocation of demand in a dynamic and uncertain environment. Methods: In this research paper, we propose a...
Persistent link: https://www.econbiz.de/10015194948
Determining supplier and optimum order of the quantity is an issue of great importance in logistics management for many companies. In this regard, it is crucial to determine the best decisions for the order quantity as well as the most suitable supplier through considering existing limitations...
Persistent link: https://www.econbiz.de/10013470767
In this paper, we propose formulations and algorithms for robust portfolio optimization under both aleatory uncertainty (i.e., natural variability) and epistemic uncertainty (i.e., imprecise probabilistic information) arising from interval data. Epistemic uncertainty is represented using two...
Persistent link: https://www.econbiz.de/10013470791
We study uncertain linear complementarity problems (LCPs), that is, problems in which the LCP vector q or the LCP matrix M may contain uncertain parameters. To this end, we use the concept of Γ‐robust optimization applied to the gap function formulation of the LCP. Thus, this work builds upon...
Persistent link: https://www.econbiz.de/10014485854
We study a new variant of the classical lot sizing problem with uncertain demand where neither the planning horizon nor demands are known exactly. This situation arises in practice when customer demands arriving over time are confirmed rather lately during the transportation process. In terms of...
Persistent link: https://www.econbiz.de/10014504135
Linear optimization problems are investigated whose parameters are uncertain. We apply coherent distortion risk measures to capture the violation of restrictions. Such a model turns out to be appropriate for many applications and, principally, for the mean-risk portfolio selection problem. Each...
Persistent link: https://www.econbiz.de/10010311008