Search results for "Management Science and Operations Research"
showing 10 items of 707 documents
Two ways to handle dependent uncertainties in multi-criteria decision problems☆
2009
Abstract We consider multi-criteria group decision-making problems, where the decision makers (DMs) want to identify their most preferred alternative(s) based on uncertain or inaccurate criteria measurements. In many real-life problems the uncertainties may be dependent. In this paper, we focus on multicriteria decision-making (MCDM) problems where the criteria and their uncertainties are computed using a stochastic simulation model. The model is based on decision variables and stochastic parameters with given distributions. The simulation model determines for the criteria a joint probability distribution, which quantifies the uncertainties and their dependencies. We present and compare two…
The role of internal resources in the competitive positioning of Sicilian wine cooperatives
2019
The paper is an original article that uses accounting frameworks to determine what creates a competitive advantage in a cooperative business model. In particular, it investigates the influence of tangible, intangible and financial resources on the business performance of cooperatives operating in the Sicilian wine industry, with the RBV of the firms as a theoretical background. Using a linear regression model, our results show that tangible and financial resources are a source of a sustained competitive advantage. This study fills the gap existing in the strategic management literature related to the role of resources, tangible and intangible, in the cooperative system, providing both theor…
Comparative evaluation of the effect of the substrate thickness and inherent process defects on the static and fatigue performance of FSW and adhesiv…
2021
Abstract This work aims at evaluating the mechanical performance of joints in an AA6016 alloy, manufactured by means of two alternative processes: friction stir welding and adhesive bonding. Given its wide use in industrial fields such as automotive and aeronautics, an overlap configuration of joints was selected for the study, and a specific method based on the overlap length evaluation has been developed to allow comparisons among the cases. Two substrate thicknesses are considered in order to vary the overall joint stiffness, and the effect of such geometrical parameter on the mechanical behavior of the joined system is experimentally investigated. The experimental findings highlight tha…
Sensitivity analysis for time optimal orbit transfer
2001
The minimum time transfer of a satellite around the Earth is studied. In order to deal numerically with low thrusts, a new method is introduced: Based on a so-called noncontrollability function, the technique treats the ha1 time as a parameter. The properties of the method arc studied by means of an infinite dimensional sensitivity analysis. The numerical results obtained by this approach for very low thrusts are given
3D Geosynchronous Transfer of a Satellite: Continuation on the Thrust
2003
The minimum-time transfer of a satellite from a low and eccentric initial orbit toward a high geostationary orbit is considered. This study is preliminary to the analysis of similar transfer cases with more complicated performance indexes (maximization of payload, for instance). The orbital inclination of the spacecraft is taken into account (3D model), and the thrust available is assumed to be very small (e.g. 0.3 Newton for an initial mass of 1500 kg). For this reason, many revolutions are required to achieve the transfer and the problem becomes very oscillatory. In order to solve it numerically, an optimal control model is investigated and a homotopic procedure is introduced, namely cont…
Convergence rate of a relaxed inertial proximal algorithm for convex minimization
2018
International audience; In a Hilbert space setting, the authors recently introduced a general class of relaxed inertial proximal algorithms that aim to solve monotone inclusions. In this paper, we specialize this study in the case of non-smooth convex minimization problems. We obtain convergence rates for values which have similarities with the results based on the Nesterov accelerated gradient method. The joint adjustment of inertia, relaxation and proximal terms plays a central role. In doing so, we highlight inertial proximal algorithms that converge for general monotone inclusions, and which, in the case of convex minimization, give fast convergence rates of values in the worst case.
Browsing the information highway while driving: three in-vehicle touch screen scrolling methods and driver distraction
2012
Distraction effects of three alternative touch screen scrolling methods for searching music tracks on a mobile device were studied in a driving simulation experiment with 24 participants. Page-bypage scrolling methods with Buttons or Swipe that better facilitate resumption of visual search following interruptions were expected to lead to more consistent in-vehicle glance durations and thus, on less severe distraction effects than Kinetic scrolling. As predicted, Kinetic scrolling induced decreased visual sampling efficiency and increased visual load compared to Swipe, increased experienced workload compared to both Buttons and Swipe, as well as decreased lane keeping accuracy compared to ba…
Theory and regulation of liquidity risk management in banking
2016
Liquidity risk is now more important than it used to be in the past. The financial crisis has emphasised the importance of liquidity risk to the functioning of banking and financial system. The paper presents a theoretical and regulatory investigation of two types of liquidity risk: funding liquidity risk and market liquidity risk. The paper analyses the different approaches to measure the impact of funding and market liquidity risk in the economics and management of banks. The paper provides also an analysis of the organisational implications of the asset and liability management perspective of liquidity risk. Liquidity risk does not need to be covered by equity but by an adequate volume o…
Connections Between Single-Level and Bilevel Multiobjective Optimization
2011
The relationship between bilevel optimization and multiobjective optimization has been studied by several authors and there have been repeated attempts to establish a link between the two. We unify the results from the literature and generalize them for bilevel multiobjective optimization. We formulate sufficient conditions for an arbitrary binary relation to guarantee equality between the efficient set produced by the relation and the set of optimal solutions to a bilevel problem. In addition, we present specially structured bilevel multiobjective optimization problems motivated by real-life applications and an accompanying binary relation permitting their reduction to single-level multiob…
Gir boplikt lavere boligpriser?
2020
Siden 1974 har norske kommuner hatt adgang til å innføre boplikt for eiendommer som er eller har vært i bruk som helårsbolig. Ordningen har helt siden den ble innført, vært svært omstridt. Vi undersøker hvordan boplikt påvirker boligprisene. Geografisk avgrenser vi oss til kystkommuner på Sørlandet, der mange som har sin faste bopel andre steder i landet, etterspør fritidsbolig. Uten boplikt kan helårsboliger bli kjøpt opp for å bli brukt som fritidsboliger. Den empiriske analysen, basert på data fra fire sørlandskommuner, hvorav den største kommunen, Arendal, opphevet boplikten i 2014, viser at prisene i kystsonen økte da boplikten ble opphevet.