In this paper, we study an irreversible investment problem under Knightian uncertainty. a general framework, in which uncertainty is modeled through set of multiple priors, prove existence and uniqueness the optimal plan, derive necessary sufficient conditions for optimality. This allows us to construct policy terms solution stochastic backward equation worst-case scenario. time-homogeneous set...

nowadays, the environmental impact of transportation project and, especially air pollution impacts, are major concerns in evaluating transportation projects. based on this concern, beside definition of traditional objective functions like total travel time and total investment cost, different type of environmental related function is considered as objective function in urban network design. in...

This article studies optimal investment in flexible manufacturing capacity as a function of product prices (margins), investment costs and multivariate demand uncertainty. We consider a two-product firm that has the option to invest in product-dedicated resources and/or in a flexible resource that can produce either product, but has to make its investment decision before demands are observed. T...

resource leveling and allocation are two basic categories for project management. the objective of resource allocation is to schedule activities so that a particular resource does not exceed a specific limit in any given project time period, while holding the project duration to a minimum. the resource leveling problem arises when there are sufficient resources available and it is necessary to ...

In this paper, a due date assignment scheduling problem with precedence constraints and controllable processing times in uncertain environment is investigated, in which the basic processing time of each job is assumed to be the symmetric trapezoidal fuzzy number, and the linear resource consumption function is used.The objective is to minimize the crisp possibilistic mean (or expected) value of...

The fleet assignment problem (FAP) assigns the type of airplane at each flight segment. Since airplane is an expensive resource, poor fleet assignment can cause a great increase in costs of airlines. There are so many consideration which should be tackled in formulation of a FAP problem, especially the parameters regarding to the airplanes. This paper presents a novel, mixed integer programing ...