An evolutionary nature-inspired Firefly Algorithm (FA) is employed to set the optimal osmotic dehydration parameters in a case study of papaya. In the case, the functional form of the dehydration model is established ...An evolutionary nature-inspired Firefly Algorithm (FA) is employed to set the optimal osmotic dehydration parameters in a case study of papaya. In the case, the functional form of the dehydration model is established via a response surface technique with the resulting optimization formulation being a non-linear goal programming model. For optimization, a computationally efficient, FA-driven method is employed and the resulting solution is shown to be superior to those from previous approaches for determining the osmotic process parameters. The final component of this study provides a computational experimentation performed on the FA to illustrate the relative sensitivity of this evolutionary metaheuristic approach over a range of the two key parameters that most influence its running time-the number of iterations and the number of fireflies. This sensitivity analysis revealed that for intermediate-to-high values of either of these two key parameters, the FA would always determine overall optimal solutions, while lower values of either parameter would generate greater variability in solution quality. Since the running time complexity of the FA is polynomial in the number of fireflies but linear in the number of iterations, this experimentation shows that it is more computationally practical to run the FA using a “reasonably small” number of fireflies together with a relatively larger number of iterations than the converse.展开更多
Since the telecommunications companies experience great competition,high churn rate,data traffic issues during the Covid-19 pandemic and the upgrade to 5G connectivity,the finance management of a telecommunications co...Since the telecommunications companies experience great competition,high churn rate,data traffic issues during the Covid-19 pandemic and the upgrade to 5G connectivity,the finance management of a telecommunications company should be analyzed to study the volatility and returns in the sector.This paper aims to develop a goal programming model to examine the asset and liability management of a telecommunication company,namely Telekom Malaysia Berhad(TM)in Malaysia.The result of this study shows that TM has achieved all the goals in maximizing assets,equities,profits,earnings and optimum management item while minimizing liabilities over the period of study from 2015 to 2019.Potential improvements on these goals have also been identified through this study.This paper has also contributed to the studies in financial management since past studies have not been done on asset and liability management in telecommunications companies which is rapidly growing and expanding even while the world is suffering from economy crisis during this pandemic.展开更多
To solve the problem of investment portfolio with single goal of maximal NPV, a 0- 1 programming model was proposed and proved effective; and to solve that concerning more elements of a project such as risk level and ...To solve the problem of investment portfolio with single goal of maximal NPV, a 0- 1 programming model was proposed and proved effective; and to solve that concerning more elements of a project such as risk level and social benefit, a goal programming model is then introduced. The latter is a linear programming model adopting slack variable called deviation variable to turn inequation constraint into equation constraint, introducing a priority factor to denote different importance of the goals. A case study has demonstrated that this goal programming model can give different results according to different priority requirement of each objective.展开更多
In quantitative decision analysis, an analyst applies mathematical models to make decisions. Frequently these models involve an optimization problem to determine the values of the decision variables, a system </spa...In quantitative decision analysis, an analyst applies mathematical models to make decisions. Frequently these models involve an optimization problem to determine the values of the decision variables, a system </span><i><span style="font-family:Verdana;">S</span></i><span style="font-family:Verdana;"> of possibly non</span></span><span style="font-family:Verdana;">- </span><span style="font-family:Verdana;">li</span><span style="font-family:Verdana;">near inequalities and equalities to restrict these variables, or both. In this</span><span style="font-family:""><span style="font-family:Verdana;"> note, </span><span style="font-family:Verdana;">we relate a general nonlinear programming problem to such a system </span><i><span style="font-family:Verdana;">S</span></i><span style="font-family:Verdana;"> in</span><span style="font-family:Verdana;"> such </span><span style="font-family:Verdana;">a way as to provide a solution of either by solving the other—with certain l</span><span style="font-family:Verdana;">imitations. We first start with </span><i><span style="font-family:Verdana;">S</span></i><span style="font-family:Verdana;"> and generalize phase 1 of the two-phase simplex method to either solve </span><i><span style="font-family:Verdana;">S</span></i><span style="font-family:Verdana;"> or establish that a solution does not exist. A conclusion is reached by trying to solve </span><i><span style="font-family:Verdana;">S</span></i><span style="font-family:Verdana;"> by minimizing a sum of artificial variables subject to the system </span><i><span style="font-family:Verdana;">S</span></i><span style="font-family:Verdana;"> as constraints. Using examples, we illustrate </span><span style="font-family:Verdana;">how this approach can give the core of a cooperative game and an equili</span><span style="font-family:Verdana;">brium for a noncooperative game, as well as solve both linear and nonlinear goal programming problems. Similarly, we start with a general nonlinear programming problem and present an algorithm to solve it as a series of systems </span><i><span style="font-family:Verdana;">S</span></i><span style="font-family:Verdana;"> by generalizing the </span></span><span style="font-family:Verdana;">“</span><span style="font-family:Verdana;">sliding objective</span><span style="font-family:Verdana;"> function </span><span style="font-family:Verdana;">method</span><span style="font-family:Verdana;">”</span><span style="font-family:Verdana;"> for</span><span style="font-family:Verdana;"> two-dimensional linear programming. An example is presented to illustrate the geometrical nature of this approach.展开更多
The mathematical and statistical modeling of the problem of poverty is a major challenge given Burundi’s economic development. Innovative economic optimization systems are widely needed to face the problem of the dyn...The mathematical and statistical modeling of the problem of poverty is a major challenge given Burundi’s economic development. Innovative economic optimization systems are widely needed to face the problem of the dynamic of the poverty in Burundi. The Burundian economy shows an inflation rate of -1.5% in 2018 for the Gross Domestic Product growth real rate of 2.8% in 2016. In this research, the aim is to find a model that contributes to solving the problem of poverty in Burundi. The results of this research fill the knowledge gap in the modeling and optimization of the Burundian economic system. The aim of this model is to solve an optimization problem combining the variables of production, consumption, budget, human resources and available raw materials. Scientific modeling and optimal solving of the poverty problem show the tools for measuring poverty rate and determining various countries’ poverty levels when considering advanced knowledge. In addition, investigating the aspects of poverty will properly orient development aid to developing countries and thus, achieve their objectives of growth and the fight against poverty. This paper provides a new and innovative framework for global scientific research regarding the multiple facets of this problem. An estimate of the poverty rate allows good progress with the theory and optimization methods in measuring the poverty rate and achieving sustainable development goals. By comparing the annual food production and the required annual consumption, there is an imbalance between different types of food. Proteins, minerals and vitamins produced in Burundi are sufficient when considering their consumption as required by the entire Burundian population. This positive contribution for the latter comes from the fact that some cows, goats, fishes, ···, slaughtered in Burundi come from neighboring countries. Real production remains in deficit. The lipids, acids, calcium, fibers and carbohydrates produced in Burundi are insufficient for consumption. This negative contribution proves a Burundian food deficit. It is a decision-making indicator for the design and updating of agricultural policy and implementation programs as well as projects. Investment and economic growth are only possible when food security is mastered. The capital allocated to food investment must be revised upwards. Demographic control is also a relevant indicator to push forward Burundi among the emerging countries in 2040. Meanwhile, better understanding of the determinants of poverty by taking cultural and organizational aspects into account guides managers for poverty reduction projects and programs.展开更多
Telecommuting is a Transportation Demand Management strategy to partially or completely replace the daily commute with telecommunication technologies. Research has revealed that telecommuting can be effectively done f...Telecommuting is a Transportation Demand Management strategy to partially or completely replace the daily commute with telecommunication technologies. Research has revealed that telecommuting can be effectively done from special places provided for this purpose called telecenters. In telecenter-based telecommuting, trip lengths are shortened due to change in the location of work places. Thus suitable locations of telecenters play an important role in increasing the beneficial impacts of telecommuting in the transportation systems. In this research, a mathematical optimization model for finding optimal location and capacity of telecenters is proposed. This model is a bi-objective linear program, and a Fuzzy Goal Programming method with a preemptive structure is used to solve it. Telecommuting demand is classified into three groups of telecommuters and a priority structure that assigns the higher priority class to the closer telecenters is also incorporated into the model. The proposed model is implemented in a case study of finding optimal location of telecenters for government employees in Tehran (capital of Iran) metropolitan area. The base model is solved and its sensitivity to different parameters has been analyzed based on which, an optimal model is selected. The solution of this model is an optimal pattern for distribution of telecommuting capacities and yields the most system-wide benefits from implementation of telecommuting.展开更多
To ensure sustainability in agriculture,many optimization problems need to be solved.An important one of them is harvest scheduling problem.In this study,the harvest scheduling problem for the tea is discussed.The tea...To ensure sustainability in agriculture,many optimization problems need to be solved.An important one of them is harvest scheduling problem.In this study,the harvest scheduling problem for the tea is discussed.The tea harvest problem includes the creating a harvest schedule by considering the farmers'quotas under the purchase location and factory capacity.Tea harvesting is carried out in cooperation with the farmer-factory.Factory man-agement is interested in using its resources.So,the factory capacity,purchase location capacities and number of expeditions should be considered during the harvesting process.When the farmer's side is examined,it is seen that the real professions of farmers are different.On harvest days,farmers often cannot attend to their primary professions.Considering the harvest day preferences of farmers in creating the harvest schedule are of great importance for sustainability in agriculture.Two different mathematical models are proposed to solve this problem.The first model minimizes the number of weekly expeditions of factory vehicles within the factor and purchase location capacity restrictions.The second model minimizes the number of expeditions and aims to comply with the preferences of the farmers as much as possible.A sample application was performed in a region with 12 purchase locations,988 farmers,and 3392 decares of tea fields.The results show that the compli-ance rate of farmers to harvesting preferences could be increased from 52%to 97%,and this situation did not affect the number of expeditions of the factory.This result shows that considering the farmers'preferences on the harvest day will have no negative impact on the factory.On the contrary,it was concluded that this situation increases sustainability and encouragement in agriculture.Furthermore,the results show that models are effective for solving the problem.展开更多
This article sheds light on how synergies arise through mergers and acquisitions (M&A). Enterprises go through the process of Mergers and Acquisitions (M&A) with the goal of improving performance, increasing e...This article sheds light on how synergies arise through mergers and acquisitions (M&A). Enterprises go through the process of Mergers and Acquisitions (M&A) with the goal of improving performance, increasing efficiency and obtaining business synergy. Prior literature suggests that synergies could arise due to taxes, market power or efficiency improvements. This study evaluates the efficiency of M&A in Brazil among publicly-traded companies. We used models with multiple objectives from Goal Programming and Data Envelopment Analysis (GPDEA), employing accounting indicators as input and output variables, and thus evaluated the emergence of synergy gains. These models allow us to analyze and classify the M&A according to the efficiency obtained in such processes. Some of the M&A cases analyzed were mistakenly considered efficient when used traditional models. And, as expected, the GPDEA was proved to be superior to classical models;however it was noticed that few of the cases investigated were proved to be effective. We presented a new application for multi-objective approach that can be used to assess mergers and acquisitions. The dualapplication of GPDEA provided a greater understanding of efficiency generation in synergy creation by means of M&A.展开更多
文摘An evolutionary nature-inspired Firefly Algorithm (FA) is employed to set the optimal osmotic dehydration parameters in a case study of papaya. In the case, the functional form of the dehydration model is established via a response surface technique with the resulting optimization formulation being a non-linear goal programming model. For optimization, a computationally efficient, FA-driven method is employed and the resulting solution is shown to be superior to those from previous approaches for determining the osmotic process parameters. The final component of this study provides a computational experimentation performed on the FA to illustrate the relative sensitivity of this evolutionary metaheuristic approach over a range of the two key parameters that most influence its running time-the number of iterations and the number of fireflies. This sensitivity analysis revealed that for intermediate-to-high values of either of these two key parameters, the FA would always determine overall optimal solutions, while lower values of either parameter would generate greater variability in solution quality. Since the running time complexity of the FA is polynomial in the number of fireflies but linear in the number of iterations, this experimentation shows that it is more computationally practical to run the FA using a “reasonably small” number of fireflies together with a relatively larger number of iterations than the converse.
文摘Since the telecommunications companies experience great competition,high churn rate,data traffic issues during the Covid-19 pandemic and the upgrade to 5G connectivity,the finance management of a telecommunications company should be analyzed to study the volatility and returns in the sector.This paper aims to develop a goal programming model to examine the asset and liability management of a telecommunication company,namely Telekom Malaysia Berhad(TM)in Malaysia.The result of this study shows that TM has achieved all the goals in maximizing assets,equities,profits,earnings and optimum management item while minimizing liabilities over the period of study from 2015 to 2019.Potential improvements on these goals have also been identified through this study.This paper has also contributed to the studies in financial management since past studies have not been done on asset and liability management in telecommunications companies which is rapidly growing and expanding even while the world is suffering from economy crisis during this pandemic.
基金Funded by the Foundation of Science Committee of Chongqing (No.2000- 6071)
文摘To solve the problem of investment portfolio with single goal of maximal NPV, a 0- 1 programming model was proposed and proved effective; and to solve that concerning more elements of a project such as risk level and social benefit, a goal programming model is then introduced. The latter is a linear programming model adopting slack variable called deviation variable to turn inequation constraint into equation constraint, introducing a priority factor to denote different importance of the goals. A case study has demonstrated that this goal programming model can give different results according to different priority requirement of each objective.
文摘In quantitative decision analysis, an analyst applies mathematical models to make decisions. Frequently these models involve an optimization problem to determine the values of the decision variables, a system </span><i><span style="font-family:Verdana;">S</span></i><span style="font-family:Verdana;"> of possibly non</span></span><span style="font-family:Verdana;">- </span><span style="font-family:Verdana;">li</span><span style="font-family:Verdana;">near inequalities and equalities to restrict these variables, or both. In this</span><span style="font-family:""><span style="font-family:Verdana;"> note, </span><span style="font-family:Verdana;">we relate a general nonlinear programming problem to such a system </span><i><span style="font-family:Verdana;">S</span></i><span style="font-family:Verdana;"> in</span><span style="font-family:Verdana;"> such </span><span style="font-family:Verdana;">a way as to provide a solution of either by solving the other—with certain l</span><span style="font-family:Verdana;">imitations. We first start with </span><i><span style="font-family:Verdana;">S</span></i><span style="font-family:Verdana;"> and generalize phase 1 of the two-phase simplex method to either solve </span><i><span style="font-family:Verdana;">S</span></i><span style="font-family:Verdana;"> or establish that a solution does not exist. A conclusion is reached by trying to solve </span><i><span style="font-family:Verdana;">S</span></i><span style="font-family:Verdana;"> by minimizing a sum of artificial variables subject to the system </span><i><span style="font-family:Verdana;">S</span></i><span style="font-family:Verdana;"> as constraints. Using examples, we illustrate </span><span style="font-family:Verdana;">how this approach can give the core of a cooperative game and an equili</span><span style="font-family:Verdana;">brium for a noncooperative game, as well as solve both linear and nonlinear goal programming problems. Similarly, we start with a general nonlinear programming problem and present an algorithm to solve it as a series of systems </span><i><span style="font-family:Verdana;">S</span></i><span style="font-family:Verdana;"> by generalizing the </span></span><span style="font-family:Verdana;">“</span><span style="font-family:Verdana;">sliding objective</span><span style="font-family:Verdana;"> function </span><span style="font-family:Verdana;">method</span><span style="font-family:Verdana;">”</span><span style="font-family:Verdana;"> for</span><span style="font-family:Verdana;"> two-dimensional linear programming. An example is presented to illustrate the geometrical nature of this approach.
文摘The mathematical and statistical modeling of the problem of poverty is a major challenge given Burundi’s economic development. Innovative economic optimization systems are widely needed to face the problem of the dynamic of the poverty in Burundi. The Burundian economy shows an inflation rate of -1.5% in 2018 for the Gross Domestic Product growth real rate of 2.8% in 2016. In this research, the aim is to find a model that contributes to solving the problem of poverty in Burundi. The results of this research fill the knowledge gap in the modeling and optimization of the Burundian economic system. The aim of this model is to solve an optimization problem combining the variables of production, consumption, budget, human resources and available raw materials. Scientific modeling and optimal solving of the poverty problem show the tools for measuring poverty rate and determining various countries’ poverty levels when considering advanced knowledge. In addition, investigating the aspects of poverty will properly orient development aid to developing countries and thus, achieve their objectives of growth and the fight against poverty. This paper provides a new and innovative framework for global scientific research regarding the multiple facets of this problem. An estimate of the poverty rate allows good progress with the theory and optimization methods in measuring the poverty rate and achieving sustainable development goals. By comparing the annual food production and the required annual consumption, there is an imbalance between different types of food. Proteins, minerals and vitamins produced in Burundi are sufficient when considering their consumption as required by the entire Burundian population. This positive contribution for the latter comes from the fact that some cows, goats, fishes, ···, slaughtered in Burundi come from neighboring countries. Real production remains in deficit. The lipids, acids, calcium, fibers and carbohydrates produced in Burundi are insufficient for consumption. This negative contribution proves a Burundian food deficit. It is a decision-making indicator for the design and updating of agricultural policy and implementation programs as well as projects. Investment and economic growth are only possible when food security is mastered. The capital allocated to food investment must be revised upwards. Demographic control is also a relevant indicator to push forward Burundi among the emerging countries in 2040. Meanwhile, better understanding of the determinants of poverty by taking cultural and organizational aspects into account guides managers for poverty reduction projects and programs.
文摘Telecommuting is a Transportation Demand Management strategy to partially or completely replace the daily commute with telecommunication technologies. Research has revealed that telecommuting can be effectively done from special places provided for this purpose called telecenters. In telecenter-based telecommuting, trip lengths are shortened due to change in the location of work places. Thus suitable locations of telecenters play an important role in increasing the beneficial impacts of telecommuting in the transportation systems. In this research, a mathematical optimization model for finding optimal location and capacity of telecenters is proposed. This model is a bi-objective linear program, and a Fuzzy Goal Programming method with a preemptive structure is used to solve it. Telecommuting demand is classified into three groups of telecommuters and a priority structure that assigns the higher priority class to the closer telecenters is also incorporated into the model. The proposed model is implemented in a case study of finding optimal location of telecenters for government employees in Tehran (capital of Iran) metropolitan area. The base model is solved and its sensitivity to different parameters has been analyzed based on which, an optimal model is selected. The solution of this model is an optimal pattern for distribution of telecommuting capacities and yields the most system-wide benefits from implementation of telecommuting.
基金the Scientific Research Projects Coordination Unit of Kırıkkale University under the Graduate Thesis Programme by grant number 2023/034.
文摘To ensure sustainability in agriculture,many optimization problems need to be solved.An important one of them is harvest scheduling problem.In this study,the harvest scheduling problem for the tea is discussed.The tea harvest problem includes the creating a harvest schedule by considering the farmers'quotas under the purchase location and factory capacity.Tea harvesting is carried out in cooperation with the farmer-factory.Factory man-agement is interested in using its resources.So,the factory capacity,purchase location capacities and number of expeditions should be considered during the harvesting process.When the farmer's side is examined,it is seen that the real professions of farmers are different.On harvest days,farmers often cannot attend to their primary professions.Considering the harvest day preferences of farmers in creating the harvest schedule are of great importance for sustainability in agriculture.Two different mathematical models are proposed to solve this problem.The first model minimizes the number of weekly expeditions of factory vehicles within the factor and purchase location capacity restrictions.The second model minimizes the number of expeditions and aims to comply with the preferences of the farmers as much as possible.A sample application was performed in a region with 12 purchase locations,988 farmers,and 3392 decares of tea fields.The results show that the compli-ance rate of farmers to harvesting preferences could be increased from 52%to 97%,and this situation did not affect the number of expeditions of the factory.This result shows that considering the farmers'preferences on the harvest day will have no negative impact on the factory.On the contrary,it was concluded that this situation increases sustainability and encouragement in agriculture.Furthermore,the results show that models are effective for solving the problem.
文摘This article sheds light on how synergies arise through mergers and acquisitions (M&A). Enterprises go through the process of Mergers and Acquisitions (M&A) with the goal of improving performance, increasing efficiency and obtaining business synergy. Prior literature suggests that synergies could arise due to taxes, market power or efficiency improvements. This study evaluates the efficiency of M&A in Brazil among publicly-traded companies. We used models with multiple objectives from Goal Programming and Data Envelopment Analysis (GPDEA), employing accounting indicators as input and output variables, and thus evaluated the emergence of synergy gains. These models allow us to analyze and classify the M&A according to the efficiency obtained in such processes. Some of the M&A cases analyzed were mistakenly considered efficient when used traditional models. And, as expected, the GPDEA was proved to be superior to classical models;however it was noticed that few of the cases investigated were proved to be effective. We presented a new application for multi-objective approach that can be used to assess mergers and acquisitions. The dualapplication of GPDEA provided a greater understanding of efficiency generation in synergy creation by means of M&A.