This paper features a tri-criteria analysis of Eurekahedge fund data strategy index data. We use nine Eurekahedge equally weighted main strategy indices for the portfolio analysis. The tri-criteria analysis features three objectives: return, risk and dispersion of risk objectives in a...

This study provides a model for result consistency evaluation of multicriterial decision making (MDM) methods and selection of the optimal one. The model is based on the analysis of results of MDM methods, that is, the analysis of changes in rankings of MDM methods that occur as a result of...

This paper addresses an airport gate assignment problem with multiple objectives. The objectives are to minimize the number of ungated flights and the total passenger walking distances or connection times as well as to maximize the total gate assignment preferences. The problem examined is an...

A decision making process requires the values of conflicting objectives for alternatives and the selection of the best alternative according to the needs of decision makers. Multi-objective optimization methods may provide solution for this selection. In this paper it is aimed to present the...

The multiple-choice nested knapsack problem (MCKP) is a generalization of the ordinary knapsack problem, where the set of items is partitioned into classes. The binary choice of selecting an item is replaced by taking exactly one item out of each class of items. Due to the fact that the MCKP is...

This paper addresses the multiple criteria flight gate assignment problem under uncertainty, which is naturally modeled by fuzzy numbers. The problem examined is a special kind of multicriteria multi-mode resource-constrained project scheduling problem with generalized precedence constraints or...

This paper addresses the airport flight gate assignment problem with multiple objectives. The objectives are to maximize the total flight gate preferences, to minimize the number of towing activities and to minimize the absolute deviation of the new gate assignment from a so-called reference...

This article investigates a JIT single machine scheduling problem with a periodic preventive maintenance. Also to maintain the quality of the products, there is a limitation on the maximum number of allowable jobs in each period. The proposed bi-objective mixed integer model minimizes total...

Maintenance has been acknowledged by industrial management as a significant influencing factor of plant performance. Effective plant maintenance can be realized by developing a proper maintenance strategy. However, selecting an appropriate maintenance strategy is difficult because maintenance is...

The use of subgroups based on biological-clinical and socio-demographic variables to deal with population heterogeneity is well-established in public policy. The use of subgroups based on preferences is rare, except when religion based, and controversial. If it were decided to treat subgroup...

Erat and Gneezy (2012) conduct an experiment to test whether people avoid lying in a situation where doing so would lead to a Pareto improvement. They conclude that many people exhibit such a "pure lie aversion." I argue that the experiment does not provide a reliable test for such an aversion,...

Computer numerical control (CNC) machine tools are automated devices capable of generating complicated and intricate product shapes in shorter time. Selection of the best CNC machine tool is a critical, complex and time-consuming task due to availability of a wide range of alternatives and...