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Dynamic pricing has become a common form of electricity tariff, where the price of electricity varies in real time based on the realized electricity supply and demand. Hence, optimizing industrial operations to benefit from periods with low electricity prices is vital to maximizing the benefits...
Persistent link: https://www.econbiz.de/10011077630
With the rising fuel costs, ride sharing is becoming a common mode of transportation. Sharing taxis which has been prominent in several developing countries is also becoming common in several cities around the world. Sharing taxis presents several advantages as it minimizes vacant seats in cars...
Persistent link: https://www.econbiz.de/10011077929
We present a two-phase heuristic for designing a capacitated degree constrained min sum arborescence. For a given directed graph G(V,E) where V={0, 1,…,n} with nonnegative costs Cij for each (i,j)
Persistent link: https://www.econbiz.de/10011210137
We propose a simple exact algorithm for solving the generalized assignment problem. Our contribution is twofold: we reformulate the optimization problem into a sequence of decision problems, and we apply variable-fixing rules to solve these effectively. The decision problems are solved by a...
Persistent link: https://www.econbiz.de/10010896549
The clique partitioning problem is an NP-hard combinatorial optimization problem with applications to data analysis such as clustering. Though a binary integer linear programming formulation has been known for years, one needs to deal with a huge number of variables and constraints when solving...
Persistent link: https://www.econbiz.de/10010846128
Although the Lagrangian method is a powerful dual search method in integer programming, it often fail to identify the optimal solution of the primal problem. In this paper, a quasi dual formulation is proposed for bounded integer programming. This formulation possesses an asymptotic strong...
Persistent link: https://www.econbiz.de/10010949990
In this paper, we analyze a variety of approaches to obtain lower bounds for multi-level production planning problems with big bucket capacities, i.e., problems in which multiple items compete for the same resources. We give an extensive survey of both known and new methods, and also establish...
Persistent link: https://www.econbiz.de/10010998304
In this paper we propose a 4-index formulation for the uncapacitated multiple allocation hub location problem tailored for urban transport and liner shipping network design. This formulation is very tight and most of the tractable instances for MIP solvers are optimally solvable at the root...
Persistent link: https://www.econbiz.de/10010755138