In many managerial applications, situations frequently occur when a fixed cost is used in constructing the common platform of an organization, and needs to be shared by all related entities, or decision making units (DMUs). It is of vital importance to allocate such a cost across DMUs where...

Nowadays, there is a growing interest in the application of quantitative methods in portfolio management, as the results of their application can be used as guidelines for managing a successful investment portfolio, i.e., a portfolio that outperforms the market. This paper deals with the Data...