The problem of maximizing the benefit from a specified number of a particular product with respect to the behavior of customer choices is regarded as revenue management. This managerial technique was first adopted by the airline industries before being widely used by many others such as hotel industries. The scope of this research is mainly focused on hotel revenue management, regarding which a...

Distinctive technology and customer / supplier relationships are currently the primary sources of competitive advantage in the Aerospace industry. Modular Open System Architecture (MOSA) requirements represent a significant disruption to this mode of competition. The United States Department of Defense intends to accelerate the rate of aerospace innovation and inject additional competitiveness ...

Stock traders consider several factors or objectives in making decisions. Moreover, they differ in the importance they attach to each of these objectives. This requires a tool that can provide an optimal tradeoff among different objectives, a problem aptly solved by a multi-objective optimization (MOO) system. This paper aims to investigate the application of multi-objective optimization to end...

The aim os this paper is to study the hybridization of two multi-objective algorithms in the context of a real problem, the MANETs problem. The algorithms studied are Particle Swarm Optimization (MOPSO) and a new multiobjective algorithm based in the combination of NSGA-II with Evolution Strategies (ESN). This work analyzes the improvement produced by hybridization over the Pareto’s fronts comp...

At depots with refined oil shortage, arranging a reasonable distribution scheme limited supply affects operation costs, demand satisfaction rate of gasoline stations (hereafter, ‘station satisfaction’), and overtime penalty. This study considers the problem shortages using multi-objective optimisation approach from perspective decision makers marketing companies. The modelling solving process i...

Abstract A process for evaluating the degree to which an architecture embraces Modular Open Systems Approaches (MOSA) is germane ensuring that MOSA principles are actually used in development of defense systems architectures. Furthermore, such a provides artifacts can be by program offices justify their key architectural decisions and prove they embrace as required. Therefore, approach facilita...

The paper presents a novel Modulated Power Filter and Compensator (MPFC) scheme for voltage stability, energy conservation, loss reduction, power factor correction, and power quality enhancement for electric distribution systems based on Multi-Objective Particle Swarm Optimisation (MOPSO). The MPFC scheme was developed by the first author to vary the shunt power filter equivalent admittance, mo...