In the current market economy, alliances play a key role in developing strategies across fields. In order to have a good partner, managers have used both qualitative and quantitative methodologies. This paper proposes a mathematical model to figure out the most suitable strategic partners. With...

This work focuses on the development of a technical breakout trading strategy based on the Donchian Channel approach, aiming to the construction of profitable portfolios. In this direction, the Modified Renko Bars (MRBs) were developed first; that proved to be a useful trading tool that...

In recent years, numerical and experimental investigations on the draft tube performance have confirmed the importance of the inlet swirling flow created by the runner vanes. The results indicate that it is still a challenge to get the optimal flow distribution at the draft tube inlet which...

Order-value optimization (OVO) is a generalization of the minimax problem motivated by decision-making problems under uncertainty and by robust estimation. New optimality conditions for this nonsmooth optimization problem are derived. An equivalent mathematical programming problem with...

Order-value optimization (OVO) is a generalization of the minimax problem motivated by decision-making problems under uncertainty and by robust estimation. New optimality conditions for this nonsmooth optimization problem are derived. An equivalent mathematical programming problem with...

Ocean energy technologies are in their developmental stages, like other renewable energy sources. To be useable in the energy market, most components of wave energy devices require further improvement. Additionally, wave resource characteristics must be evaluated and estimated correctly to...