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We propose a data envelopment analysis (DEA)-based approach to ranking multi-criteria alternatives. We call it "the area of the efficiency score graph" (AES) approach. Unlike the classical DEA score and Dk measure that counts the number of DMUs (alternatives in DEA terminology) that should be...
Persistent link: https://www.econbiz.de/10004971680
Pisinger et al. introduced the concept of ‘aggressive reduction’ for large-scale combinatorial optimization problems. The idea is to spend much time and effort in reducing the size of the instance, in the hope that the reduced instance will then be small enough to be solved by an exact...
Persistent link: https://www.econbiz.de/10010738142
This paper presents a combined Facility Location/Network Design Problem which simultaneously considers the location of facilities and the design of its underlying network so as to minimize the maximum customer-facility travel time. The model generalizes the classical p-center problem and has...
Persistent link: https://www.econbiz.de/10011051860
In this paper we introduce an extension of the well known Rural Postman Problem, which combines arc routing with profits and facility location. Profitable arcs must be selected, facilities located at both end-points of the selected arcs, and a tour identified so as to maximize the difference...
Persistent link: https://www.econbiz.de/10011097829
Over $47 billion of tax exempt debt issues were sold to the public in 1982. A portion of this total was offered to municipal bond underwriters under a competitive bidding system using the criterion of minimum true interest cost (internal rate of return). The TIC bidding problem may be formulated...
Persistent link: https://www.econbiz.de/10009208448
The production and logistics operations planning in real-life single- or multi-site semicontinuous food industries is addressed in this work. A discrete/continuous-time mixed integer programming model, based on the definition of families of products, is developed for the problem in question. A...
Persistent link: https://www.econbiz.de/10010573972
When designing supply chains, firms are often faced with the competing demands of improved customer service and reduced cost. We extend a cost-based location-inventory model (Shen et al. 2003) to include a customer service element and develop practical methods for quick and meaningful evaluation...
Persistent link: https://www.econbiz.de/10009218881
optimisation system is designed based on the PAT technology, and includes two objectives (i.e. total pumping rate and average post … remediation are determined by a proxy model, which integrates simulation, inference, and optimisation technologies and is composed …-objective optimisation problem to find optimal solutions. The model is then applied to a petroleum-contaminated aquifer in western Canada …
Persistent link: https://www.econbiz.de/10010997359
This paper presents a comprehensive review of all significant research applying computational optimisation to … sustainable building design problems. A summary of common heuristic optimisation algorithms is given, covering direct search … optimisation is applied are also covered, including platforms and frameworks, algorithmic comparisons and developments, use of meta …
Persistent link: https://www.econbiz.de/10010664484
supply-chain structure, involving the material flow from suppliers to customers. This paper proposes an optimisation … results in the best profitability. A post-optimisation analysis indicated that even for a long period, the location decision …
Persistent link: https://www.econbiz.de/10010808956