125 results for “optimal order”

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Research ArticleOpen accessAll words, across the recordEconomic Order Quantity with Linearly Time Dependent Demand Rate and ShortagesR. P. Tripathi, D. Singh, Tushita MishraThis paper presents an inventory model with linearly time dependent rate and shortages under trade credits. We show that the total cost per unit is convex function of time. Some properties have also been discussed based an optimal solution. The results are discussed with the help of numerical examples. Sensitivity analyses with a variety of numerical results showing the effect … …Journal of Mathematics and Statistics, Vol. 11, Issue 1 · 26 Jun 2015 · 7,006 accessesView PDF Cite

Research ArticleOpen accessAll words, across the recordCriteria Determining Optimal Portfolio Selection: A Case StudyDiakomihalis Mihail, Hyz Alina, Gikas GrigoriosThe paper examines the evaluation of the significance of the criteria that influence two groups of investors, who reside in different areas of Greece, in selecting their investments: (a) Investors from a metropolitan city (Athens) and (b) investors from regional Greece (Peloponnese). The study is grounded in the current and potential criteria and sub-criteria influencing investors in selecting financial investment … …American Journal of Economics and Business Administration, Vol. 5, Issue 4 · 13 Mar 2014 · 7,688 accessesView PDF Cite

Research ArticleOpen accessAll words, across the recordModification Approach of Fuzzy Logic Model for Predicting of Cutting Force When Machining Nickel Based Hastelloy C-276Basim A. Khidhir, Bashir Mohamed, Mahmoud A.A. YounisProblem statement: Most Nickel based Hastelloy C-276 is a difficult-to-machine material because of its low thermal diffusive property and high strength at high temperature. Machinability consideration of nickel based Hastelloy C-276 in turning operations has been carried out using ceramic inserts under dry conditions. Approach: This study described a modification approach applied to a fuzzy logic based model for predicting … …American Journal of Engineering and Applied Sciences, Vol. 3, Issue 1 · 31 Mar 2010 · 8,456 accessesView PDF Cite

Research ArticleOpen accessAll words, across the recordApplying Simulated Annealing For Optimal Operation of Multi-Reservoir SystemsF. Khodabakhshi, A. R. Ghirian, N. KhakzadThe need to optimize the operation of water reservoirs is an issue that is becoming increasingly a concern for water resources planners in developing countries. This issue particularly becomes more significant in large systems with multiple reservoirs where operation of one reservoir has an impact on the others. In other word, the set of reservoirs in these systems act like … …American Journal of Engineering and Applied Sciences, Vol. 2, Issue 1 · 31 Mar 2009 · 7,620 accessesView PDF Cite

Research ArticleOpen accessAll words, across the recordConvergence Ratio Profile for Optimal Control Problems Governed by Ordinary Differential Equations with Matrix CoefficientsO. Olotu, S.A. OlorunsolaThe geometric convergence ratio, the main focus of a discretized scheme for constrained quadratic control problem was examined. In order to allow for the numerical applications of the developed scheme, discretizing the time interval and using Euler’s scheme for its differential constraint obtained a finite dimensional approximation. Applying the penalty function method, an unconstrained problem was obtained on function minimization … …American Journal of Applied Sciences, Vol. 5, Issue 2 · 28 Feb 2008 · 7,108 accessesView PDF Cite