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Article
Publication date: 12 October 2020

Nahid Dorostkar-Ahmadi, Mohsen Shafiei Nikabadi and Saman babaie-kafaki

The success of any organization in a knowledge-based economy depends on effective knowledge transferring and then proper use of the transferred knowledge. As is known, optimizing…

Abstract

Purpose

The success of any organization in a knowledge-based economy depends on effective knowledge transferring and then proper use of the transferred knowledge. As is known, optimizing the knowledge transferring costs in a product portfolio plays an important role in improving productivity, competitive advantage and profitability of any organization. Therefore, this paper aims to determine an optimal product portfolio by minimizing the konlwedge transferring costs.

Design/methodology/approach

Here, a fuzzy binary linear programming model is used to select an optimal product portfolio. The model is capable of considering the knowledge transferring costs while taking into account the human-hours constraints for each product by a fuzzy approach. Using fuzzy ranking functions, a reasonable solution of the model can be achieved by classical or metaheuristic algorithms.

Findings

Numerical experiments indicate that the proposed fuzzy model is practically effective.

Originality/value

The contributions of this work essentially consist of considering knowledge transferring costs in selecting an optimal product portfolio and using the fuzzy data which make the model more realistic.

Details

VINE Journal of Information and Knowledge Management Systems, vol. 52 no. 1
Type: Research Article
ISSN: 2059-5891

Keywords

Article
Publication date: 1 March 2021

Mohammad Khalilzadeh, Peiman Ghasemi, Ahmadreza Afrasiabi and Hedieh Shakeri

The purpose of this study is to present a new failure mode and effects analysis (FMEA) approach based on fuzzy multi-criteria decision-making (MCDM) methods and multi-objective…

Abstract

Purpose

The purpose of this study is to present a new failure mode and effects analysis (FMEA) approach based on fuzzy multi-criteria decision-making (MCDM) methods and multi-objective programming model for risk assessment in the planning phase of the oil and gas construction projects (OGCP) in Iran.

Design/methodology/approach

This research contains multiple steps. First, 19 major potential health and safety executive (HSE) risks in OGCP were classified into six categories with the Delphi method. These factors were distinguished by the review of project documentation, checklist analysis and consulting with experts. Then, using the fuzzy SWARA method, the authors calculated the weights of major HSE risks. Subsequently, FMEA and PROMETHEE approaches were used to identify the priority of main risk factors. Eventually, a binary multi-objective linear programming approach was developed to select the risk response strategies, and an augmented e-constraint method (AECM) was used.

Findings

Regarding the project triple well-known constraints of time, cost and quality, which organizations usually confront, the HSE risks of OGCP were identified and prioritized. Also, the appropriate risk response strategies were also suggested to the managers to be adopted regarding the situations.

Originality/value

The present research points at the HSE risks’ assessment integrating the fuzzy FMEA, step-wise weight assessment ratio analysis and PROMETHEE techniques with the AECM. Further to the authors’ knowledge, the quantitative assessment of the HSE risks of OGCP has not been done using the combination of the fuzzy FMEA, MCDM and AECMs.

Details

Journal of Modelling in Management, vol. 16 no. 4
Type: Research Article
ISSN: 1746-5664

Keywords

Article
Publication date: 1 October 2005

Ralf Östermark

To solve the multi‐period portfolio management problem under transactions costs.

1650

Abstract

Purpose

To solve the multi‐period portfolio management problem under transactions costs.

Design/methodology/approach

We apply a recently designed super genetic hybrid algorithm (SuperGHA) – an integrated optimisation system for simultaneous parametric search and non‐linear optimisation – to a recursive portfolio management decision support system (SHAREX). The parametric search machine is implemented as a genetic superstructure, producing tentative parameter vectors that control the ultimate optimisation process.

Findings

SHAREX seems to outperform the buy and hold‐strategy on the Finnish stock market. The potential of a technical portfolio system is best exploitable under favorable market conditions.

Originality/value

A number of robust engines for matrix algebra, mathematical programming and numerical calculus have been integrated with SuperGHA. The engines expand its scope as a general‐purpose algorithm for mathematical programming.

Details

Kybernetes, vol. 34 no. 9/10
Type: Research Article
ISSN: 0368-492X

Keywords

Article
Publication date: 2 November 2021

Firoz Ahmad and Boby John

This study aims to investigate a reliability-level demand-oriented pharmaceutical supply chain design with maximal anticipated demand coverage. Different hospitals with the…

Abstract

Purpose

This study aims to investigate a reliability-level demand-oriented pharmaceutical supply chain design with maximal anticipated demand coverage. Different hospitals with the particular reliability value associated with the various pharmaceutical items (PIs) are considered. An inter-connected multi-period supply chain comprising manufacturers, distribution centers, hospitals and patients is assumed for the smooth flow of health-care items, enhancing supply chain reliability. A reliability index for PIs is depicted to highlight product preference and facilitate hospitals’ service levels for patients.

Design/methodology/approach

A mixed-integer multi-objective programming problem that maximizes maximal demand coverage minimizes the total economic costs and pharmaceutical delivery time is depicted under intuitionistic fuzzy uncertainty. Further, a novel interactive neutrosophic programming approach is developed to solve the proposed pharmaceutical supply chain management (PSCM) model. Each objective’s marginal evaluation is elicited by various sorts of membership functions such as linear, exponential and hyperbolic types of membership functions and depicted the truth, indeterminacy and falsity membership degrees under a neutrosophic environment.

Findings

The proposed PSCM model is implemented on a real case study and solved using an interactive neutrosophic programming approach that reveals the proposed methods’ validity and applicability. An ample opportunity to generate the compromise solution is suggested by tuning various parameters. The outcomes are evaluated with practical managerial implications based on the significant findings. Finally, conclusions and future research scope are addressed based on the proposed work.

Research limitations/implications

The propounded study has some limitations that can be addressed in future research. The discussed PSCM model can be merged with and extended by considering environmental factors such as the health-care waste management system, which is not included in this study. Uncertainty among parameters due to randomness can be incorporated and can be tackled with historical data. Besides, proposed interactive neutrosophic programming approach (INPA), various metaheuristic approaches may be applied to solve the proposed PSCM model as a future research scope.

Practical implications

The strategy advised is to provide an opportunity to create supply chains and manufacturing within India by helping existing manufacturers to expand, identifying new manufacturers, hand-holding and facilitating, teams of officers, engineers and scientists deployed and import only if necessary to meet timelines. Thus, any pharmaceutical company or organization can adopt the production and distribution management initiatives amongst hospitals to strengthen and enable the pharmaceutical company while fighting fatal diseases during emergencies. Finally, managers or policy-makers can take advantage of the current study and extract fruitful pieces of information and knowledge regarding the optimal production and distribution strategies while making decisions.

Originality/value

This research work manifests the demand-oriented extension of the integrated PSCM design with maximum expected coverage, where different hospitals with pre-determined reliability values for various PIs are taken into consideration. The practical managerial implications are explored that immensely support the managers or practitioners to adopt the production and distribution policies for the PIs to ensure the sustainability in supply chain design.

Article
Publication date: 18 September 2023

Jianxiang Qiu, Jialiang Xie, Dongxiao Zhang and Ruping Zhang

Twin support vector machine (TSVM) is an effective machine learning technique. However, the TSVM model does not consider the influence of different data samples on the optimal…

Abstract

Purpose

Twin support vector machine (TSVM) is an effective machine learning technique. However, the TSVM model does not consider the influence of different data samples on the optimal hyperplane, which results in its sensitivity to noise. To solve this problem, this study proposes a twin support vector machine model based on fuzzy systems (FSTSVM).

Design/methodology/approach

This study designs an effective fuzzy membership assignment strategy based on fuzzy systems. It describes the relationship between the three inputs and the fuzzy membership of the sample by defining fuzzy inference rules and then exports the fuzzy membership of the sample. Combining this strategy with TSVM, the FSTSVM is proposed. Moreover, to speed up the model training, this study employs a coordinate descent strategy with shrinking by active set. To evaluate the performance of FSTSVM, this study conducts experiments designed on artificial data sets and UCI data sets.

Findings

The experimental results affirm the effectiveness of FSTSVM in addressing binary classification problems with noise, demonstrating its superior robustness and generalization performance compared to existing learning models. This can be attributed to the proposed fuzzy membership assignment strategy based on fuzzy systems, which effectively mitigates the adverse effects of noise.

Originality/value

This study designs a fuzzy membership assignment strategy based on fuzzy systems that effectively reduces the negative impact caused by noise and then proposes the noise-robust FSTSVM model. Moreover, the model employs a coordinate descent strategy with shrinking by active set to accelerate the training speed of the model.

Details

International Journal of Intelligent Computing and Cybernetics, vol. 17 no. 1
Type: Research Article
ISSN: 1756-378X

Keywords

Article
Publication date: 13 July 2023

S.M. Taghavi, V. Ghezavati, H. Mohammadi Bidhandi and S.M.J. Mirzapour Al-e-Hashem

This paper proposes a two-level supply chain including suppliers and manufacturers. The purpose of this paper is to design a resilient fuzzy risk-averse supply portfolio selection…

Abstract

Purpose

This paper proposes a two-level supply chain including suppliers and manufacturers. The purpose of this paper is to design a resilient fuzzy risk-averse supply portfolio selection approach with lead-time sensitive manufacturers under partial and complete supply facility disruption in addition to the operational risk of imprecise demand to minimize the mean-risk costs. This problem is analyzed for a risk-averse decision maker, and the authors use the conditional value-at-risk (CVaR) as a risk measure, which has particular applications in financial engineering.

Design/methodology/approach

The methodology of the current research includes two phases of conceptual model and mathematical model. In the conceptual model phase, a new supply portfolio selection problem is presented under disruption and operational risks for lead-time sensitive manufacturers and considers resilience strategies for risk-averse decision makers. In the mathematical model phase, the stages of risk-averse two-stage fuzzy-stochastic programming model are formulated according to the above conceptual model, which minimizes the mean-CVaR costs.

Findings

In this paper, several computational experiments were conducted with sensitivity analysis by GAMS (General algebraic modeling system) software to determine the efficiency and significance of the developed model. Results show that the sensitivity of manufacturers to the lead time as well as the occurrence of disruption and operational risks, significantly affect the structure of the supply portfolio selection; hence, manufacturers should be taken into account in the design of this problem.

Originality/value

The study proposes a new two-stage fuzzy-stochastic scenario-based mathematical programming model for the resilient supply portfolio selection for risk-averse decision-makers under disruption and operational risks. This model assumes that the manufacturers are sensitive to lead time, so the demand of manufacturers depends on the suppliers who provide them with services. To manage risks, this model also considers proactive (supplier fortification, pre-positioned emergency inventory) and reactive (revision of allocation decisions) resilience strategies.

Article
Publication date: 6 July 2022

Pouyan Mahdavi-Roshan and Seyed Meysam Mousavi

Most projects are facing delays, and accelerating the pace of project progress is a necessity. Project managers are responsible for completing the project on time with minimum…

Abstract

Purpose

Most projects are facing delays, and accelerating the pace of project progress is a necessity. Project managers are responsible for completing the project on time with minimum cost and with maximum quality. This study provides a trade-off between time, cost, and quality objectives to optimize project scheduling.

Design/methodology/approach

The current paper presents a new resource-constrained multi-mode time–cost–quality trade-off project scheduling model with lags under finish-to-start relations. To be more realistic, crashing and overlapping techniques are utilized. To handle uncertainty, which is a source of project complexity, interval-valued fuzzy sets are adopted on several parameters. In addition, a new hybrid solution approach is developed to cope with interval-valued fuzzy mathematical model that is based on different alpha-levels and compensatory methods. To find the compatible solution among conflicting objectives, an arithmetical average method is provided as a compensatory approach.

Findings

The interval-valued fuzzy sets approach proposed in this paper is denoted to be scalable, efficient, generalizable and practical in project environments. The results demonstrated that the crashing and overlapping techniques improve time–cost–quality trade-off project scheduling model. Also, interval-valued fuzzy sets can properly manage expressions of the uncertainty of projects which are realistic and practical. The proposed mathematical model is validated by solving a medium-sized dataset an adopted case study. In addition, with a sensitivity analysis approach, the solutions are compared and the model performance is confirmed.

Originality/value

This paper introduces a new continuous-based, resource-constrained, and multi-mode model with crashing and overlapping techniques simultaneously. In addition, a new hybrid compensatory solution approach is extended based on different alpha-levels to handle interval-valued fuzzy multi-objective mathematical model of project scheduling with influential uncertain parameters.

Details

Kybernetes, vol. 52 no. 10
Type: Research Article
ISSN: 0368-492X

Keywords

Article
Publication date: 12 September 2023

Kemal Subulan and Adil Baykasoğlu

The purpose of this study is to develop a holistic optimization model for an integrated sustainable fleet planning and closed-loop supply chain (CLSC) network design problem under…

Abstract

Purpose

The purpose of this study is to develop a holistic optimization model for an integrated sustainable fleet planning and closed-loop supply chain (CLSC) network design problem under uncertainty.

Design/methodology/approach

A novel mixed-integer programming model that is able to consider interactions between vehicle fleet planning and CLSC network design problems is first developed. Uncertainties of the product demand and return fractions of the end-of-life products are handled by a chance-constrained stochastic program. Several Pareto optimal solutions are generated for the conflicting sustainability objectives via compromise and fuzzy goal programming (FGP) approaches.

Findings

The proposed model is tested on a real-life lead/acid battery recovery system. By using the proposed model, sustainable fleet plans that provide a smaller fleet size, fewer empty vehicle repositions, minimal CO2 emissions, maximal vehicle safety ratings and minimal injury/illness incidence rate of transport accidents are generated. Furthermore, an environmentally and socially conscious CLSC network with maximal job creation in the less developed regions, minimal lost days resulting from the work's damages during manufacturing/recycling operations and maximal collection/recovery of end-of-life products is also designed.

Originality/value

Unlike the classical network design models, vehicle fleet planning decisions such as fleet sizing/composition, fleet assignment, vehicle inventory control, empty repositioning, etc. are also considered while designing a sustainable CLSC network. In addition to sustainability indicators in the network design, sustainability factors in fleet management are also handled. To the best of the authors' knowledge, there is no similar paper in the literature that proposes such a holistic optimization model for integrated sustainable fleet planning and CLSC network design.

Article
Publication date: 5 April 2011

Amir Hossein Alavi and Amir Hossein Gandomi

The complexity of analysis of geotechnical behavior is due to multivariable dependencies of soil and rock responses. In order to cope with this complex behavior, traditional forms…

3793

Abstract

Purpose

The complexity of analysis of geotechnical behavior is due to multivariable dependencies of soil and rock responses. In order to cope with this complex behavior, traditional forms of engineering design solutions are reasonably simplified. Incorporating simplifying assumptions into the development of the traditional models may lead to very large errors. The purpose of this paper is to illustrate capabilities of promising variants of genetic programming (GP), namely linear genetic programming (LGP), gene expression programming (GEP), and multi‐expression programming (MEP) by applying them to the formulation of several complex geotechnical engineering problems.

Design/methodology/approach

LGP, GEP, and MEP are new variants of GP that make a clear distinction between the genotype and the phenotype of an individual. Compared with the traditional GP, the LGP, GEP, and MEP techniques are more compatible with computer architectures. This results in a significant speedup in their execution. These methods have a great ability to directly capture the knowledge contained in the experimental data without making assumptions about the underlying rules governing the system. This is one of their major advantages over most of the traditional constitutive modeling methods.

Findings

In order to demonstrate the simulation capabilities of LGP, GEP, and MEP, they were applied to the prediction of: relative crest settlement of concrete‐faced rockfill dams; slope stability; settlement around tunnels; and soil liquefaction. The results are compared with those obtained by other models presented in the literature and found to be more accurate. LGP has the best overall behavior for the analysis of the considered problems in comparison with GEP and MEP. The simple and straightforward constitutive models developed using LGP, GEP and MEP provide valuable analysis tools accessible to practicing engineers.

Originality/value

The LGP, GEP, and MEP approaches overcome the shortcomings of different methods previously presented in the literature for the analysis of geotechnical engineering systems. Contrary to artificial neural networks and many other soft computing tools, LGP, GEP, and MEP provide prediction equations that can readily be used for routine design practice. The constitutive models derived using these methods can efficiently be incorporated into the finite element or finite difference analyses as material models. They may also be used as a quick check on solutions developed by more time consuming and in‐depth deterministic analyses.

Details

Engineering Computations, vol. 28 no. 3
Type: Research Article
ISSN: 0264-4401

Keywords

Article
Publication date: 4 April 2016

Peyman Akhavan, S. Mahdi Hosseini and Morteza Abbasi

The purpose of this paper is to provide a method for selection of the new product development (NPD) project team members, in such a way to maximize the expertise level of team…

Abstract

Purpose

The purpose of this paper is to provide a method for selection of the new product development (NPD) project team members, in such a way to maximize the expertise level of team members and at the same time, optimize knowledge sharing in the organization.

Design/methodology/approach

According to the motivation-opportunity-ability framework, knowledge sharing antecedents were determined. Then, the problem of selecting appropriate members of the project team was formulated as a bi-objective integer non-linear programming model. Due to the uncertainty conditions in the evaluation of candidates, the fuzzy sets approach was used for modeling. To solve the problem, first, the non-linear programming model was converted to a linear model. Subsequently, the fuzzy bi-objective linear programming problem was solved by using an approximate algorithm.

Findings

Results of applying the proposed method to an Iranian ship-building company showed its effectiveness in selecting appropriate members of the project team.

Practical implications

With the aid of the proposed approach, project managers will be able to form effective project teams that while increasing the success probability of the project, facilitate the maintenance of knowledge acquired during the project lifecycle.

Originality/value

This paper, for the first time, has tried to provide a method for selecting the NPD project team members, in a way that while selecting candidates with highest expertise, maximizes the sharing of knowledge among them.

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