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system of linear equations as an optimization problem, in which the SVD-transformed density minimizes the error between the …
Persistent link: https://www.econbiz.de/10014332042
Standard economic intuition of revealed preference implies that when two parties freely enter into a contract then neither should be worse off. In this study, we develop a simple model showing that introducing the opportunity to contract can lower welfare for some, and perhaps all, contracting...
Persistent link: https://www.econbiz.de/10009429443
A stochastic optimization model was developed to determine optimal testing strategies, costs, and risks for dual …
Persistent link: https://www.econbiz.de/10009429465
This article studies the static pricing problem of a network service provider who has a fixed capacity and faces different types of customers (classes). Each type of customers can have its own capacity constraint but it is assumed that all classes have the same resource requirement. The provider...
Persistent link: https://www.econbiz.de/10009432279
This book makes a contribution to the formulation and implementation of production cost models for the modelling of liberalized electricity markets by addressing issues associated with the level of detail in the representation of the underlying power system, the accuracy of the results and the...
Persistent link: https://www.econbiz.de/10009434465
Background: Uncertainty conditions have been increasingly considered in optimization problems arising in real … approached with simulation techniques. However, simulation is not an optimization tool. Hence, it must be combined with … optimization methods when our goal is to: (i) minimize operating costs while guaranteeing a given quality of service; or (ii …
Persistent link: https://www.econbiz.de/10015194790
modernization. As a result, the dairy industry needs to improve its operational efficiencies by implementing effective optimization … techniques. Conventional and emerging optimization techniques have already gained momentum in the dairy industry. This study …'s objective was to explore the optimization techniques developed for or implemented in the dairy supply chain (DSC) and to …
Persistent link: https://www.econbiz.de/10015194829
In this study, joint inventory replenishment planning of an Alibaba distribution system is investigated, which contributes to the circular economy concept. The distribution system includes suppliers, central distribution centers, and front distribution centers. The total replenishment cost of...
Persistent link: https://www.econbiz.de/10015194833
emissions or energy consumption penalties makes the optimization model closer to supply sources while having higher land rental …
Persistent link: https://www.econbiz.de/10015194921
application of the Shortest Route optimization algorithm, while the SWOT matrix was implemented to analyze the operational …
Persistent link: https://www.econbiz.de/10015324891