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Background: The global dairy market is experiencing a massive transition as dairy farming has recently undergone modernization. As a result, the dairy industry needs to improve its operational efficiencies by implementing effective optimization techniques. Conventional and emerging optimization...
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We numerically solve the classical "Game of Pure Strategy" using linear programming. We notice an intricate even-odd behaviour in the results of our computations that seems to encourage odd or maximal bids.
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Background: Random truck arrivals at maritime container terminals are one of the primary reasons for gate congestion. Gate congestion negatively affects the terminal's and drayage firms' productivity and the surrounding communities in terms of air pollution and noise. To alleviate gate...
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Purpose: The following investigation aims to deal with the competitive relationship among different warehouses & ports in the same company. Design/methodology/approach: In this paper, Game Theory is used in carrying out the optimization model. Genetic Algorithm is used to solve the model....
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