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In the plastic industry for mold making, pocket milling is applied. The surface finish of the mold affects the quality of the plastic product, especially for toys. This can be achieved by minimising the surface roughness of the mold. To get a good quality product with a better production rate,...
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Models with heterogeneous interacting agents explain macro phenomena through interactions at the micro level. We propose genetic algorithms as a model for individual expectations to explain aggregate market phenomena. The model explains all stylized facts observed in aggregate price fluctuations...
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