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In this paper we discuss a general framework for single item inventory control models. This framework is based on the regenerative structure of these models. Using results from the theory of regenerative processes a unified presentation of those models is presented. Although most of the results...
Persistent link: https://www.econbiz.de/10008584764
In this paper we analyse the optimal claim behaviour of a policy holder having a third-party liability insurance in which one is allowed to decide at the end of an insurance year which damages occurred during that year should be claimed. This analysis can only be carried out in detail in case...
Persistent link: https://www.econbiz.de/10008584773
We propose in this paper an algorithm for solving linearly constrained nondifferentiable convex programming problems. This algorithm combines the ideas of the affine scaling method with the subgradient method. It is a generalization of the dual and interior point method for min-max problems...
Persistent link: https://www.econbiz.de/10008584813
In this note we give an elementary proof of the Fritz-John and Karush-Kuhn-Tucker conditions for nonlinear finite dimensional programming problems with equality and/or inequality constraints.The proof avoids the implicit function theorem usually applied when dealing with equality constraints and...
Persistent link: https://www.econbiz.de/10008584833
In this note we present a simplified proof of a lower bound for on-line bin packing. This proof also covers the well-known result given by Liang in Inform. Process Lett. 10 (1980) 76–79.
Persistent link: https://www.econbiz.de/10010731717
In the dual bin packing problem, the objective is to assign items of given size to the largest possible number of bins, subject to the constraint that the total size of the items assigned to any bin is at least equal to 1. We carry out a probabilistic analysis of this problem under the...
Persistent link: https://www.econbiz.de/10010837833
We present a new approximation algorithm for the two-dimensional bin-packing problem. The algorithm is based on two one-dimensional bin-packing algorithms. Since the algorithm is of next-fit type it can also be used for those cases where the output is required to be on-line (e. g. if we open an...
Persistent link: https://www.econbiz.de/10010837894
A probabilistic analysis is presented of the Next Fit Decreasing bin packing heuristic, in which bins are opened to accomodate the items in order of decreasing size.
Persistent link: https://www.econbiz.de/10010837960
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