This article describes how as one of the hot parallel processors, the general-purpose graphics processing unit (GPU) has been widely adopted to accelerate various time-consuming algorithms. Dynamic programming (DP) optimization is a popular method to solve a particular class of complex problems....

This paper proposes a discrete dynamic programming model to maintain pension contribution in a stable level. By assuming an intertemporal stable contribution rate, we derive an algorithm to calculate the optimal contribution that requires less exogenous information and produces more stable...

Purpose – The purpose of this paper is to maximize the expected revenue of the outpatient department considering patient preferences and choices. Design/methodology/approach – Patient preference refers to the preferred physician and time slot that patients hold before asking for...

Purpose – The purpose of this paper is to study the use of outsourcing as a mechanism to cope with supply chain uncertainty, more specifically, how to deal with sudden arrival of higher priority jobs that require immediate processing, in an in-house manufacturer's facility from the perspective...

Purpose Ethiopia’s energy sector faces critical challenges to meeting steadily increasing energy demand given limited infrastructure, heavy reliance on hydroelectric power and underdevelopment of alternative energy resources. The purpose of this paper was to identify optimal least cost...

Unlike most residential mortgage‐backed securities, Farmer Mac agricultural mortgage‐backed securities (AMBS) have prepayment penalties. To quantify the impact of prepayment penalties on the cost of funding loans, prepayment behavior, and AMBS value, an analytic AMBS model is developed and...