Abstract: This paper investigates a dynamic slab design problem in the steel industry, where order demands arrive dynamically during a given period. Slabs are the raw materials for producing order ...

Recently the application of contingent claims analysis and dynamic programming to project evaluation has attracted a lot of attention. These techniques are required, for example, if the value of a ...

For decades, locomotive planning has been approached using the classical tools of mathematical programming; the result has been very large-scale integer programming models that are beyond the ...