Showing 1 - 10 of 13
The nuclear (supernormal) cones were introduced by the regretted Professor George Isac (1981) and published in 1983. With his permission and for the first time we named them 'Isac's cones' in 2009. In memory of Professor Isac, we present some considerations of noticeable importance on this class...
Persistent link: https://www.econbiz.de/10009352541
Companies typically plan for warranty costs through creation of a reserve fund. Most researchers assume that the warranty reserve is set based on the expected total warranty costs. However, companies rarely keep reserves to cover their liabilities for the whole life of their products, since...
Persistent link: https://www.econbiz.de/10009352549
This paper is a response to reports by a number of authors of difficulties in using feedforward neural networks (NNs) in the presence of seasonality. Such difficulties appear to contradict the well-known property of 'universal approximation', but arise in fact because the property only applies...
Persistent link: https://www.econbiz.de/10008755255
member in three different scenarios, utilising game theory and optimisation theory, the optimal invest strategies and price …
Persistent link: https://www.econbiz.de/10010816707
There is a wide literature about the behaviour of agents in a stock-market in the presence of imitation phenomena. Some issues may be treated in a game-theory context. In particular, we consider a micro-model of stock-market speculator and formalise it in a Stackelberg game. The problem consists...
Persistent link: https://www.econbiz.de/10010816717
performance measures to ensure the optimisation of both the schedule quality and stability. Schedule quality is assessed based on …
Persistent link: https://www.econbiz.de/10008538822
complicated models. These rules are easy to use and they provide management with useful support to move towards optimisation and … analytical methods for pricing. However, only 22% of the firms have adopted optimisation models in pricing decisions. …
Persistent link: https://www.econbiz.de/10008538831
This paper presents a water supply problem arising from the regions where power supply is not regulated and the water supplier has to manage the demand with minimum possible cost. The consumption is constrained to organise rationing, and thus known day after day. Furthermore, the same...
Persistent link: https://www.econbiz.de/10008538834
The research paper is focused on a new concept of efficiency and to its immediate links with optimisation. This most …
Persistent link: https://www.econbiz.de/10008538837
This paper presents a water supply problem arising from the regions where power supply is not regulated and the water supplier has to manage the demand with minimum possible cost. The consumption is constrained to organise rationing, and thus known day after day. Furthermore, the same...
Persistent link: https://www.econbiz.de/10005553209