Der vorliegende Beitrag zeigt die Formulierung, Implementierung und Auswertung eines mathematischen Optimierungsmodells anhand eines Falls aus der Beratungspraxis, der die schrittweise Weiterentwicklung einer patentbasierten Technologie durch eine neu zu gründende Gesellschaft zum Gegenstand...

Decision on the use of different advertising media is a critical issue in marketing. Drawing on some literature related to the dynamic Nerlove-Arrow model, we propose a nonlinear programming framework for discussing how different advertising media may jointly affect the demand for a good....

This paper states four realities of econometric model building and shows that an econometric model can be causal only if the interpretations given to its coefficients are consistent with these realities. A numerically stable algorithm for estimating such a model subject to equality and...

In this paper we compare the performance of the Differential Evolution (DE) and the Repulsive Particle Swarm (RPS) methods of global optimization. To this end, seventy test functions have been chosen. Among these test functions, some are new while others are well known in the literature; some are...