In this article we attempt to expand the limited framework of single-objective optimisation and broaden Markowitz's market standard, within which the problem of portfolio selection is conventionally addressed. The decision maker's Investment Policy Statement (IPS) is formulated through a...

In this article we attempt to expand the limited framework of single-objective optimisation and broaden Markowitz's market standard, within which the problem of portfolio selection is conventionally addressed. The decision maker's Investment Policy Statement (IPS) is formulated through a...

This paper is focused on approximate ( $$\varepsilon$$ -efficient) solutions of multiobjective mathematical programs. We introduce a new $$\varepsilon$$ -efficiency concept which extends and unifies different notions of approximate solution defined in the literature. We characterize these...

Economic load dispatch is the method of determining the most efficient, low-cost and reliable operation of a power system by dispatching the available electricity generation resources to supply the load on the system. Environmental concerns that arise due to the operation of fossil fuel fired...

A supply chain design problem based on a two-echelon single-product system is addressed. The product is distributed from plants to distribution centers and then to customers. There are several transportation channels available for each pair of facilities between echelons. These transportation...

The performance of a supply chain should usually be measured by multiple criteria. We address production, distribution and capacity planning of global supply chains considering cost, responsiveness and customer service level simultaneously. A multiobjective mixed-integer linear programming...

Most real-life decision-making activities require more than one objective to be considered. Therefore, several studies have been presented in the literature that use multiple objectives in decision models. In a mathematical programming context, the majority of these studies deal with two...

The rapid internationalization of capital markets in recent times has manifested itself in mobility of equity investment as well as in a growing number of foreign cross-listings. We study a fairly complete sample of all Dutch foreign crosslistings since 1973. By measuring the stock market...

This work studies and develops tools to quantify and manage the risks and uncertainty relating to the pricing of annuities in the long run. To this end, an idealized Monte-Carlo simulation model is formulated, estimated and implemented, which enables one to investigate some typical pension and...