Plasma arc cutting (PAC) has evolved as an efficient process to cut complex profiles on many hard-to-machine engineering materials due to its many advantages, like higher dimensional accuracy, higher productivity, and the capability to cut thick materials. Optimization of this process is...

Investors typically measure an asset’s potential to diversify a portfolio by its correlations with the portfolio’s other assets, but correlation is useful only if it provides a good estimate of how an asset’s returns co-occur cumulatively with the other asset returns over the investor’s...

A linear optimization problem which is amenable to column generation and contains a single parameter in the objective function is considered. We extend and adapt the standard linear programming column generation scheme to effectively and efficiently solve this problem for all values of the...