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Resources for construction activities are limited in the real construction world. To avoid waste and shortage of resources on a construction jobsite, scheduling must include resource allocation. A new resourceconstrained construction scheduling system is proposed in this paper. A GA-based...
Persistent link: https://www.econbiz.de/10005269071
Resources for construction activities are limited in the real construction world so that scheduling must include resource allocation. Furthermore, activity duration is uncertain due to the variation in the outside environment, such as resource availabilities, weather, space congestion, etc. A...
Persistent link: https://www.econbiz.de/10005269110
This paper presents a methodology for simulation optimization utilizing genetic algorithms and applies it to a newly developed simulation-based system for estimating the time and cost of earthmoving operations. The genetic algorithm searches for a near-optimum fleet configuration that reduces...
Persistent link: https://www.econbiz.de/10005269137
We present an investment process that: (i) decomposes securities into risk factors; (ii) allows for the construction of portfolios of assets that would selectively expose the manager to desired risk factors; (iii) perform a risk allocation between these portfolios, allowing for tracking error...
Persistent link: https://www.econbiz.de/10005274488
The scope of this paper is to forecast the extent to which a settlement of the Cyprus issue may be possible given the decisions taken during the Copenhagen EU summit. It aims, in addition, at investigating the possibilities of improvement in Greek-Turkish relations which may lead, in turn, to...
Persistent link: https://www.econbiz.de/10005279201
We analyze the learning behaviour of a Simple Genetic Algorithm in an overlapping generations model with one consumption good and fiat money. It is shown by simulations, that in cases where periodic equilibria exist the equilibrium of period two is learned by a Genetic Algorithm and not the...
Persistent link: https://www.econbiz.de/10005169483
The modelling of networks formation has recently became the object of an increasing interest in economics. One of the important issues raised in this literature is the one of networks efficiency. Nevertheless, for non trivial payoff functions, searching for efficient network structures turns out...
Persistent link: https://www.econbiz.de/10005395028
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