In this paper, a component from automobile industry is considered for optimizing the end milling operation . The objective function is to minimize the total production cost subject to machine constraints such as cutting power, cutting force, tool life, surface finish of the product and the range...

The algorithm for optimization of a credit portfolio has not been fully demonstrated. This paper fills the gap in the literature by presenting a general approach for optimizing a credit portfolio by minimizing the default risk of the entire portfolio. Default risk is measured with quadratic...

In recent years genetic algorithms have emerged as a useful tool for the heuristic solution of complex discrete optimisation problems. In particular there has been considerable interest in their use in tackling problems arising in the areas of scheduling and timetabling. However, the classical...