The issues of disparities, regional imbalance development and attempt to reducing development disparities among various regions have been attracted considerable attention among researchers, planners and policy makers. In this regard, this study employs a mathematical programing model for budget resources allocation among Iran provinces in order to development disparities reduction among them. I...

The stock evaluation process plays an important role in portfolio selection because it is the prerequisite for investment and directly influences on the stock allocation. This paper presents a methodology based on Data Envelopment Analysis for portfolio selection, decision making units which can be stocks or other financial assets. First, DMUs efficiencies are computed based on input/output com...

This study extends a mathematical model that integrates the location, allocation, inventory replenishment and routing decisions simultaneously. To cope with inherent uncertainty of parameters, we implement a continuous-time Markov process and derive the performance measures of the system. Using the obtained results, the problem is formulated as a mixed integer nonlinear programing model (MINLP)...

The standard decision rules of cost-effectiveness analysis either require the decision maker to set a threshold willingness to pay for additional health care or to set an overall fixed budget. In practice, neither are generally taken, but instead an arbitrary decision rule is followed which may not be consistent with the overall budget, lead to an allocation of resources which is less than opti...

  We consider the maximal covering location-allocation problem with multiple servers. The objective is to maximize the population covered, subject to constraints on the number of service centers, total number of servers in all centers, and the average waiting time at each center. Each center operates as an M/M/k queuing system with variable number of servers. The total costs of establishing cen...

Mathematical programming and artificial intelligence (AI) methods are known as the most effective and applicable procedures to form manufacturing cells in designing a cellular manufacturing system (CMS). In this paper, a bi-objective programming model is presented to consider the cell formation problem that is solved by a proposed multi-objective particle swarm optimization (MOPSO). The model c...

In this paper, a novel methodology is proposed to solve a cooperative multi-depot vehicle routing problem. We establish a mathematical model for multi-owner VRP in which each owner (i.e. player) manages single or multiple depots. The basic idea consists of offering an option that owners cooperatively manage the VRP to save their costs. We present cooperative game theory techniques for cost savi...

This research presents a model for optimal allocation of Iranian oil and gas resources in sanction condition based on stochastic linear multi-objective programming. The general policies of the resistive economy include expanding exports of gas, electricity, petrochemical and petroleum products, expanding the strategic oil and gas reserves, increasing added value through completing the petroleum...

Petroleum Allocation is an important link for the integration of Petroleum Supply Chain at PETROBRAS as it is responsible for refining the strategic supply planning information to be used at the operation levels. In this work we describe how mathematical programming is being used to solve the Petroleum Allocation Problem and we show the effectiveness of a local search method by optimization to ...