in this study, a model of optimal allocation of subsidy was developed based on the microeconomic optimization theory. the model was evaluated by applying to premium subsidy allocation to the cereal crops’ (corn, rain fed barley and wheat, and irrigated barley and wheat) insurance in iran. in developing the model, it was assumed that, policymaker on behalf of society, follows a social utility ma...

facility location-allocation models are used in a widespread variety of applications to determine the number of required facility along with the relevant allocation process. in this paper, a new mathematical model for the capacitated multi-facility location-allocation problem with probabilistic customer's locations and fuzzy customer’s demands under the hurwicz criterion is proposed. ...

The nature of electro-optical equipment in various industries and the pursuit of the goal of reducing costs demand high reliability on the part of electro-optical systems. In this respect, reliability improvement could be addressed through a reliability allocation problem. Subsystem reliability must be increased such that the requirements as well as defined requisite functions are ensured in ac...

Credit allocation through the usage of Portfolio optimization mainly seeks tomaximize return and minimize the risk of the portfolio; but there are other importantissues including sustainable development which is important for government/publicsectors. This paper presents a novel credit allocation approach based on portfoliooptimization and investigates the effects of selected indicators of sust...

data envelopment analysis (dea) is a technique based on mathematical programming for evaluating the efficiency of homogeneous decision making units (dmus). in this technique, inefficient dmus are projected onto the frontier, which was constructed by the best performers. centralized resource allocation (cra) is a method in which all dmus are projected onto the efficient frontier through solving ...

Assignment model is a powerful operations research techniques that can be used to solve assignment or allocation problem. This study applies the assignment model to the course allocation problem in Nigeria tertiary institution in order to maximize lecturers’ effectiveness. A well-structured questionnaire was used to obtain data from lecturers and solved with Hungarian method. The study revealed...

in this paper, different input-oriented ratio-based dea (dea-r-i) models are proposed. by presenting the envelopment-additive-enhanced russell model based on the dea-r-i form, each decision making unit is evaluated and its efficiency score is calculated. also, by presenting the central resource allocation model based on the dea-r-i form, a suitable benchmark for all dmus is proposed by solving ...