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In this paper, we develop exact and heuristic algorithms for the order acceptance and scheduling problem in a single-machine environment. We consider the case where a pool consisting of firm planned orders as well as potential orders is available from which an over-demanded company can select....
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A k-out-of-n system configuration requires that, for the overall system to be functional, at least k out of the total of n components be working. We consider the problem of sequentially testing the components of a k-out-of-n system in order to learn the state of the system, when the tests are...
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This paper develops an optimization model that captures the annual planning of product-targeting campaigns occurring in fi nancial institutions. The formulation described in this paper extends current product-targeting optimization models found in the literature on two main aspects, namely the...
Persistent link: https://www.econbiz.de/10013117882
This article describes a heuristic for scheduling so-called ‘modular' projects. Exact solutions to this NP-hard problem can be obtained with existing branch-and-bound and dynamic-programming algorithms, but only for small to medium-size instances. The proposed heuristic, by contrast, can be...
Persistent link: https://www.econbiz.de/10013083810
The purpose of this paper is to propose models for project scheduling when there is considerable uncertainty in the activity durations, to the extent that the decision maker cannot with confidence associate probabilities with the possible outcomes of a decision.Our modeling techniques stem from...
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This paper presents an optimization model for the selection of sets of clients that will receive an offer for one or more products during a promotion campaign. The complexity of the problem makes it very difficult to produce optimal solutions using standard optimization methods. We propose an...
Persistent link: https://www.econbiz.de/10014213469