This paper proposes an approach for setting parameters of the control of balance by card-based navigation (Cobacabana). On the one hand, a commercial software ARENA was used in a simulation phase. On the other hand, Antcoba was utilised in an optimisation phase. The main objective of the paper...

The application of quantitative techniques for the determination of credit worthiness, i.e., the credit scoring, is a major research field for bankers and academics as it can bring about significant savings to finance institutions whilst minimising their exposure to risk. In the current work,...

The importance of studying public service systems and finding robust solutions to the problems encountered in public service management has increased considerably over the past decade. One of the main objectives is to find acceptable solutions to Public Service Problems (PSPs) within an...

The importance of studying public service systems and finding robust solutions to the problems encountered in public service management has increased considerably over the past decade. One of the main objectives is to find acceptable solutions to Public Service Problems (PSPs) within an...

An important challenge faced by media broadcasting companies is how to allocate limited advertising space between upfront (forward) contracts and the spot market (referred to in advertising as the scatter market) to maximize profits and meet contractual commitments. We develop stylized...

We describe a planning problem at a broadcasting company (e.g. a TV or radio channel). Advertisers place orders for commercials. Typically, each order consists of multiple spots, and the airdates of the spots are not fixed by the advertiser. Therefore, the channel has to decide simultaneously...