results along with a few illustrative numerical examples are reported. An optimization problem involving various costs is …

redundancy types into the same system. Thus a new optimization problem arises for the standby system design. The problem … time-to-failure distributions of the system elements. A genetic algorithm is used as an optimization tool for solving the … formulated optimization problem. Examples are given to illustrate the considered problem and the proposed solution methodology. …

preserves its linearity even when used for optimization and, for such a reason, it can be adopted in simulation–optimization …

recently, the Omega ratio was thought to be computationally intractable, and research was focused on heuristic optimization … procedures. We have shown elsewhere that the Omega ratio optimization is equivalent to a linear program and hence can be solved … examine the worst-case Omega ratio optimization problem under three types of uncertainty – mixture distribution, box and …

results in algorithmic form have been implemented computationally with Matlab. An optimization is performed when costs and …