Showing 1 - 4 of 4
We develop a new model for studying the phenomenon of congestion in a transient environment, focusing on the problem of aircraft landings at a busy "hub" airport. Our model is based on a Markov/semi-Markov treatment of changes in the weather, the principal source of uncertainty governing service...
Persistent link: https://www.econbiz.de/10009197690
This paper deals with a basic issue: How does one approach the problem of designing the "right" objective for a given resource allocation problem? The notion of what is right can be fairly nebulous; we consider two issues that we see as key: efficiency and fairness. We approach the problem of...
Persistent link: https://www.econbiz.de/10010990603
We propose a new algorithm for solving integer programming (IP) problems that is based on ideas from algebraic geometry. The method provides a natural generalization of the Farkas lemma for IP, leads to a way of performing sensitivity analysis, offers a systematic enumeration of all feasible...
Persistent link: https://www.econbiz.de/10009204085
We present an Approximate Dynamic Programming (ADP) approach for the multidimensional knapsack problem (MKP). We approximate the value function (a) using parametric and nonparametric methods and (b)using a base-heuristic. We propose a new heuristic which adaptively rounds the solution of the...
Persistent link: https://www.econbiz.de/10009192024