Optimization of a multi-reservoir system operation is challenging due to the non-linearity, stochasticity, and dimensionality involved in such a problem. In this research, a long-term planning model is presented for optimizing the operation of Iranian Karoon-Dez reservoir system using an...

Cement industry is one of the six energy intensive industries in Iran accounting for 15% of total energy consumption in the industrial sector. The sudden reform of energy prices in Iran is expected to have a great impact on production and energy consumption in this industry. In this paper, we...

This paper addresses multi-depot location arc routing problems with vehicle capacity constraints. Two mixed integer programming models are presented for single and multi-depot problems. Relaxing these formulations leads to other integer programming models whose solutions provide good lower...

Purpose The purpose of this paper is to develop a prescriptive portfolio selection (PPS) model based on a compromise between the idea of “fast” and “slow” thinking proposed by Kahneman. Design/methodology/approach “Fast” thinking is effortless and comfortable for investors, while...