Showing 1 - 10 of 20
We analyze a case study and we model it as a variant of the Traveling Salesman Problem. It is characterized by multiple time windows, variable service duration, priority constraints, and appointments with customers. The definition of the feasible region differs from the classical one: a maximum...
Persistent link: https://www.econbiz.de/10008693480
In a previous paper, we proposed two heuristic algorithms for the euclidean 2-period Balanced Travelling Salesman Problem (2B-TSP). In this problem, which arises from a similar one introduced by Butler et al., a certain number of customers must be visited at minimum total cost over a period of...
Persistent link: https://www.econbiz.de/10005756569
The paper concerns the study of equilibrium points, namely the stationary solutions to the closed loop equation, of an infinite dimensional and infinite horizon boundary control problem for linear partial differential equations. Sufficient conditions for existence of equilibrium points in the...
Persistent link: https://www.econbiz.de/10005756570
In this paper we conjugate the operative usability of the net present value with the capability of the fuzzy and the interval approaches to manage uncertainty. Our fuzzy interval net present value can be interpreted, besides the usual present value of an investment project, as the present value...
Persistent link: https://www.econbiz.de/10005756573
We propose an optimal control problem to model the dynamics of the communication activity of a firm with the aim of maximizing its efficiency. We assume that the advertising effort undertaken by the firm contributes to increase the firm's goodwill and that the goodwill affects the firm's sales....
Persistent link: https://www.econbiz.de/10005756578
We propose a mechanism for solving the airport slot allocation problem in Europe. We consider the interdependence of the slots at different airports, and we maximize the efficiency of the system. Through an experimental analysis we quantitatively assess the cost imposed by grandfather rights,...
Persistent link: https://www.econbiz.de/10008568259
In Europe, when an imbalance between demand and capacity is detected for air traffic network resources, Air Traffic Flow Management slots are allocated to flights on the basis of a First Planned First Served principle. We propose a market mechanism to allocate such slots in the case of a single...
Persistent link: https://www.econbiz.de/10008492038
Segmentation is a core strategy in modern marketing and age-specific segmentation, which is based on the age of the consumers, is very common in practice. A characteristic of age-specific segmentation is the change of the segments composition during time, which may be studied only using dynamic...
Persistent link: https://www.econbiz.de/10008458448
In this contribution we consider a dynamic portfolio optimization problem where the manager has to deal with the presence of minimum guarantee requirements on the performance of the portfolio. We briefly discuss different possibilities for the formulation of the problem and present a quite...
Persistent link: https://www.econbiz.de/10008458449
The Dynamic Programming approach for a family of optimal investment models with vintage capital is here developed. The problem falls into the class of infinite horizon optimal control problems of PDE's with age structure that have been studied in various papers (see e.g. [11, 12], [30, 32])...
Persistent link: https://www.econbiz.de/10005566305