in this paper, the researchers have proposed a multi-dimensional knapsack model for project capital budgeting problem in uncertain situation which has been modeled through fuzzy sets. the optimistic and pessimistic situations were considered and associated deterministic models were yielded. numerical example has been supplied toillustrate the performance of proposed model. the results were prom...

Beyond budgeting transcends the limitations of traditional budgeting by replacing fixed financial targets with targets based on key performance indicators. For Park Nicollet Health Services, the decision to implement beyond budgeting coincided with a larger move to adopt a Lean approach to management. Park Nicollet's process to implement beyond budgeting-from submission of the initial proposal ...

in despite of all progress in technology in mining industry, still labor is one of the key factors in mining operation. this paper presents a system dynamics approach to evaluate the mining labor productivity. therefore, after the identification of main effective variables, two quantitative and qualitative models were built. the qualitative model illustrates the complex interrelated structure o...

Colliding Bodies Optimization (CBO) is a population-based metaheuristic algorithm that complies physics laws of momentum and energy. Due to the stagnation susceptibility of CBO by premature convergence and falling into local optima, some meritorious methodologies based on Sine Cosine Algorithm and a mutation operator were considered to mitigate the shortcomings mentioned earlier. Sine Cosine Al...

We describe a framework of a system for risk estimation and portfolio optimization based on stable distributions and the average value-at-risk risk measure. In contrast to normal distributions, stable distributions capture the fat tails and the asymmetric nature of real-world risk factor distributions. In addition, we make use of copulas, a generalization of overly restrictive linear correlatio...

The current paper primarily aims to suggest a mathematical model for the shape-dependent term of Khan- Liu (KL) Yield/ fracture criterion as a function of Plastic Strain for DP590 steel alloy. The shape-dependent term in the mention criterion can generalize the application of this criterion in order to predict the behavior of other materials. Plane stress case and the first quarter of the stres...

In the prevailing state of market circumstances, revival and efficient operation trade companies are on basis a proper data support system, primary factors which control budgeting. This current study attempts to focus budgeting as an means curb manage retail network. Budgeting serves foundation for planning in management procedure, making managerial economic decisions, evaluating financial solv...