For one parametric smooth family of pairs of control systems and profit densities on the circle, the transition between optimal strategies of cyclic and stationary types in the problem of maximization of infinite horizon averaged profit is studied. We show that only two types of such transition can be observed for a generic pair, study the corresponding singularities of the averaged profit as a...

A GA based optimal generation scheduling strategy is developed to solve the profit maximization problem for GENCO in the day ahead market. It is a multi objective formulation that includes the forecasted demand, forecasted market clearing price, startup cost and profit functions, besides the generating limits and demand constraints. The proposed GA approach is investigated on three unit and ten...

This paper discusses the problem of retailers’ profit maximization regarding displaying products on planogram shelves, which may have different dimensions in each store but allocate same product sets. We develop a mathematical model and genetic algorithm for solving shelf space allocation with criteria maximization. The implemented program executes reasonable time. quality has been evaluated us...