The single-row facility layout problem <Emphasis FontCategory="NonProportional">(SRFLP) is an NP-hard combinatorial optimization problem that is concerned with the arrangement of n departments of given lengths on a line so as to minimize the weighted sum of the distances between department pairs. <Emphasis FontCategory="NonProportional">(SRFLP) is the one-dimensional version...</emphasis></emphasis>

We consider semidefinite programs, where all the matrices defining the problem commute. We show that in this case the semidefinite program can be solved through an ordinary linear program. As an application, we consider the max-cut problem, where the underlying graph arises from an association...

Let a society’s unhappiness be measured by the aggregate of the levels of relative deprivation of its members. When two societies of equal size, F and M, merge, unhappiness in the merged society is shown to be higher than the sum of the levels of unhappiness in the constituent societies when...

Let a society's unhappiness be measured by the aggregate of the levels of relative deprivation of its members. When two societies of equal size, F and M, merge, unhappiness in the merged society is shown to be higher than the sum of the levels of unhappiness in the constituent societies when...

We present a decision theory appropriate for use in serious choices such as insurance. It extends standard decision theories like expected utility or cumulative prospect theory which are atemporal single stage theories. Instead it employs stages of knowledge ahead to track satisfactions and...

In the study at hand, the authors pose the question how people are influenced by olfactory stimulation while solving an economic problem? The economic problem involves managing a strategic planning simulation experiment. To demonstrate the fundamental task of economic decisions, the authors run...