Nowadays, optimization of process parameters in manufacturing process deals with a number of objectives. However, the optimization of such process becomes more complex if selected attributes are conflicting in nature. Therefore, to overcome this problem in this study a SDM based PSO algorithm is...

For the cooling system of a mobile machine with m control variables and with n=m correction variables different control strategies have been investigated in order to minimize power to save energy and to reduce fan noise with sufficient cooling. The plant is nonlinear and not identified. Three...

The celebrated Taylor rule provides a simple formula that aims to capture how the central bank interest rate is adjusted as a linear function of inflation and output gap. However, the rule does not take explicitly into account the zero lower bound on the interest rate. Prior studies on interest...

Due to changes in individual demand, manufacturing processes have become more complex and dynamic. To cope with respective fluctuations as well as machine breakdowns, capacity adjustment is one of the major effective measures. Instead of labor-oriented methods, we propose a machinery-based...

The celebrated Taylor rule provides a simple formula that aims to capture how the central bank interest rate is adjusted as a linear function of inflation and output gap. However, the rule does not take explicitly into account the zero lower bound on the interest rate. Prior studies on interest...

The celebrated Taylor rule provides a simple formula that aims to capture how the central bank interest rate is adjusted as a linear function of inflation and output gap. However, the rule does not take explicitly into account the zero lower bound on the interest rate. Prior studies on interest...