The paper discusses the location-allocation model for logistic networks and distribution centers through considering uncertain parameters. In real-world cases, demands and transshipment costs change over the period of the time. This may lead to large cost deviation in total cost. Scenario based robust optimization approaches are proposed where occurrence probability of each scenario is not know...

This paper presents and studies models for multi-criterion budget allocation problems under uncertainty. The proposed models incorporate uncertainties in decision maker’s weights using a robust weighted sum approach. The risk averseness of the decision maker in satisfying random risk related constraints is ensured by using stochastic dominance. A sample average approximation approach together w...

The percentage increase in faculty salaries for 1976-1977 cannot be determined until spring, according to Fr. James T. Burtchaell. university provost. Burtehaell stated yesterday that work on next year's budget has just begun. "The Budget Priorities Committee is just beginning its work," Burtchaell said. "They will be working all through the winter. We won't know about precise figures until nex...

In this paper, we investigate advertisers’ budgeting and bidding strategies across multiple search platforms. Our goal is to characterize equilibrium allocation of a limited budget across platforms and draw managerial insights for both search engines and advertisers. We develop a model with two search engines and budget-limited advertisers who compete to obtain advertising slots across search p...

Indifference-zone-selection procedures have been widely studied and applied to determine the required sample sizes for selecting a good design from k alternatives. However, efficiency is still a key concern for application of simulation to ranking and selection problems. In this paper, we present a new approach that can further enhance the efficiency of indifferencezone-selection procedures. Ou...

It has become increasingly popular to obtain machine learning labels through commercial crowdsourcing services. The crowdsourcing workers or annotators are paid for each label they provide, but the task requester usually has only a limited amount of the budget. Since the data instances have different levels of labeling difficulty and the workers have different reliability for the labeling task,...

We study efficiency and budget balance for designing mechanisms in general quasi-linear domains. Green and Laffont [13] proved that one cannot generically achieve both. We consider strategyproof budgetbalanced mechanisms that are approximately efficient. For deterministic mechanisms, we show that a strategyproof and budget-balanced mechanism must have a sink agent whose valuation function is ig...

In these competitive years of continuing change, Libraries engage their Services using modern technologies and applying innovative approaches to satisfy users' standards. This engagement increases significantly the effect on Library's budget, as new technology's application demands a lot of money and new organization schemes also. Consequently, the annual budget has to be increased to a large e...