In this paper, a new approach to risk minimizing vehicle routing and scheduling problem is presented. Forwarding agents or companies have two main concerns for the collection of high-risk commodities like cash or valuable commodities between the central depot and the customers: one; because of the high value of the commodities transported, the risk of ambush and robbery are very high. Two; the ...

The hub location problem is employed for many real applications, including delivery, airline and telecommunication systems and so on. This work investigates on hierarchical hub network in which a three-level network is developed. The central hubs are considered at the first level, at the second level, hubs are assumed which are allocated to central hubs and the remaining nodes are at the third ...

There are many reasons for the growing interest in developing new product projects for any firm. The most embossed reason is surviving in a highly competitive industry which the customer tastes are changing rapidly. A well-managed supply chain network can provide the most profit for firms due to considering new product development. Along with profit, customer satisfaction and production of new ...

In design and fabricate drive shafts with high value of fundamental natural frequency that represented high value of critical speed; using composite materials instead of typical metallic materials could provide longer length shafts with lighter weight. In this paper, multi-objective optimization (MOP) of a composite drive shaft is performed considering three conflicting objectives: fundamental ...

Increasing economy’s resistance against the menace of sanctions, various risks, shocks, and internal and external threats are one of the main national policies which can be implemented through bank investments. Investment project selection is a complex and multi-criteria decision-making process that is influenced by multiple and often some conflicting objectives. This paper studies portfolio inve...