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Mathematical modelling of purchasing optimization for an MRP system with containerization constraints
Standard material requirement planning (MRP) systems do not include the purchasing decisions associated with business rules and containerisation...
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Quantitative modelling frontiers: a literature review on the evolution in financial and risk modelling after the financial crisis (2008–2019)
This study provides a holistic and quantitative overview of over 800 mathematical methods (e.g., financial and risk models, statistical tests,...
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The two-dimensional cutting stock problem with usable leftovers: mathematical modelling and heuristic approaches
Different variations of the classic cutting stock problem (CSP) have emerged and presented increasingly complex challenges for scientists and...
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Mathematical Models for Industrial System Reliability
In today’s technologically driven industrial environments, ensuring system reliability has become paramount. The chapter examines the various...
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Introduction: Why Modelling?
Models and modelling evoke a myriad of images and ideas, as they can refer to many different things and processes. This chapter first differentiates...
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Teaching Mathematical Modelling and Programming with GAMS in Dual Management Master Curricula Using Flipped Classrooms and Open Book Exams
In this article, we present a flipped classroom based teaching concept and related open book exam for Master’s courses in the field of Operational...
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Process Modelling Languages
This Chapter looks at process modelling languages by first discussing control flow patterns. The meaning of these patterns is expressed by properties...
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Mathematical modelling and a discrete cuckoo search particle swarm optimization algorithm for mixed model sequencing problem with interval task times
This paper addresses a sequencing problem with uncertain task times in mixed model assembly lines. In this problem, task times are not known exactly...
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Uncertainty Modelling
Organizations attempt to create value for their customers while managing different uncertainties. Uncertainties in supply chains offer both...
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Mathematical programming-based methodology for the evaluation of supply chain collaborative planning scenarios
Nowadays, supply chain (SC) decentralised decision making is the most usual situation in SC operations planning. In this context, different companies...
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Introduction to Modelling in Mathematical Programming
This chapter provides an overview of the concept of model in mathematical programming. The classical components of a mathematical programming model...
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On the availability and changeover cases of the general lot-sizing and scheduling problem with maintenance modelling: a Lagrangian-based heuristic approach
The present paper proposes a novel concept to integrate maintenance modelling with an integrated lot-sizing and scheduling problem. The maintenance...
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Learning by Doing: Insights from Power Market Modelling in Energy Economics Courses
Much of energy economics curricula involves the study of techno-economic aspects of energy systems with an increasing focus devoted to fostering an...
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Modelling in Mathematical Programming Methodology and Techniques
This book provides basic tools for learning how to model in mathematical programming, from models without much complexity to complex system models....
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A General Mathematical Framework for Constrained Mixed-variable Blackbox Optimization Problems with Meta and Categorical Variables
A mathematical framework for modelling constrained mixed-variable optimization problems is presented in a blackbox optimization context. The...
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Barriers for adoption of green supply chain management in cement industry: an interpretive structural modelling (ISM) approach
Cement is a critical sector aligned with government priorities of infrastructure and housing. The sector is extremely energy intensive and a major...
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Topic Modelling
Due to the rapid growth of texts in today’s society, much of which is produced via online social networks in the form of user-generated content,...
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South African inflation modelling using bootstrapped long short-term memory methods
Inflation is a critical economic series, and proper targeting is required for a stable economy. With the current economic conditions that the world...
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Modelling and Analysis of the Impact of Corruption on Economic Growth and Unemployment
This study explores the complex interplay between economic growth, corruption, and unemployment in the context of sub-Saharan Africa. Employing a...
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Modelling pandemic behavior with a network-SIRD approach
Due to the Corona pandemic, measures to control the spread of the virus are much debated in society. Different countries pursued different policy...
