This paper develops an exact method for the redundancy allocation problem (RAP) for multistate homogeneous series-parallel systems. The problem aims to min...

In its reform of the US bankruptcy procedure, the American Bankruptcy Institute (ABI) is proposing to grant a redemption option to junior creditors and let...

The paper combines two major contemporary systems and control methodologies to obtain a unique \(\epsilon\)-Nash equilibrium for optimal execution problem...

A mining complex can include multiple mines, stockpiles, waste dumps and processing facilities. Traditional optimization approaches are often based on sequ...

Mining complexes are value chains where extracted material from different mines is transformed into sellable products through a set of processing streams. ...

New digital technologies including the development of advanced sensors and monitoring devices have enabled a mining complex to acquire new information abou...

Facility networks can be disrupted by, for example, power outages, poor weather conditions, or natural disasters, and the probabilities of these events may b...

A hyper-heuristic refers to a search method or a learning mechanism for selecting or generating heuristics to solve computational search problems. Operat...

A new solution approach is developed herein to address the topic of multi-product open-pit mine production scheduling with multi-element uncertainty. The m...

Given a directed graph \(G=(V,A)\), capacity and cost functions on \(A\), a root \(r\), a subset \(T \subset V\) of terminals, and an integer \(k\)...

This paper addresses combinatorial optimization problems under uncertain and correlated data where the mean-covariance information of the random data is assu...

The Time Window Assignment Vehicle Routing Problem (TWAVRP) is the problem of assigning time windows for delivery before demand volume becomes known. This i...

This paper targets a stochastic energy management problem. We first decouple the stochasticity of the global scenarios to local scenarios. Then, we use spat...

In this paper, we present an online reinforcement learning algorithm, called Renewal Monte Carlo (RMC), for infinite horizon Markov decision processes with ...

Stochastic programming and distributionally robust optimization seek deterministic decisions that optimize a risk measure, possibly in view of the most adv...

Employee scheduling is an important activity in the service industry as it has a significant impact on costs, sales, and profitability. While a large amount ...

Wrong-way risk arises when the value of a financial transaction is adversely correlated with the creditworthiness of the counterparty. This paper investiga...

The third installment of the Basel Accords advocates a capital charge against Credit Valuation Adjustment (CVA) variability. We propose an efficient numeri...

This paper focuses on designing a state estimator for a discrete-time SEIR epidemic model of an influenza-like illness. It is assumed that only sets of adm...