In a market economy we can have difficulties in real income measuring, due to changes in prices and wages that may be in short intervals of time. When we want to compare real income obtained in different periods of time it is used, most often, a "trash da

This paper explores real power generation planning, considering distributed generation resources and energy storage in a small standalone power system. On account of the Kyoto Protocol and Copenhagen Accord, wind and photovoltaic (PV) powers are considered as clean and renewable energies. In...

Scheduling manufacturing operations is a complicated decision making process. From the computational point of view, the scheduling problem is one of the most notoriously intractable NP-hard optimization problems. When the manufacturing system is not too large, the traditional methods for solving...

We study the problem of determining both the structure and the schedule of projects subject to capacity constraints. We assume that those projects are flexible in the sense that the activities to be implemented are not entirely known in advance. In such a setting, decisions must be made with...

To secure a stable energy supply and bring renewable energy to buildings within a reasonable cost range, a hybrid energy system (HES) that integrates both fossil fuel energy systems (FFESs) and new and renewable energy systems (NRESs) needs to be designed and applied. This paper presents a...

New product development (NPD) has typically had strategic implications for the success and prosperity of an organization. This paper applied refined failure mode and effect analysis and genetic algorithm techniques to develop and establish an integrated risk analysis model for improving...

The nitrogen cascade concept indicates that agriculture serves as a significant link between emissions of the potent greenhouse gas (GHG) nitrous oxide and losses of nitrate-N to surface waters. Conservation practices have the potential to exploit this link, as their implementation is found to...

When designing supply chains, firms are often faced with the competing demands of improved customer service and reduced cost. We extend a cost-based location-inventory model (Shen et al. 2003) to include a customer service element and develop practical methods for quick and meaningful evaluation...

The method of forecasting seasonal demand applying genetic algorithm is presented. Specific form of used demand function is shown in the first section of the article. Next the method of identification of the function parameters using genetic algorithms is discussed. In the final section an...

This work presents a proposal of usage of genetic algorithm to short-term forecasting of price and volume quotations. Presented algorithm resembles the naive method with seasonality but a lag of observation used as predictor can change in order to achieve best adjustment of ex post prognosis to...