Search results

1 – 2 of 2
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: 8 July 2019

Saman Babaie-Kafaki and Saeed Rezaee

The purpose of this paper is to employ stochastic techniques to increase efficiency of the classical algorithms for solving nonlinear optimization problems.

Abstract

Purpose

The purpose of this paper is to employ stochastic techniques to increase efficiency of the classical algorithms for solving nonlinear optimization problems.

Design/methodology/approach

The well-known simulated annealing strategy is employed to search successive neighborhoods of the classical trust region (TR) algorithm.

Findings

An adaptive formula for computing the TR radius is suggested based on an eigenvalue analysis conducted on the memoryless Broyden-Fletcher-Goldfarb-Shanno updating formula. Also, a (heuristic) randomized adaptive TR algorithm is developed for solving unconstrained optimization problems. Results of computational experiments on a set of CUTEr test problems show that the proposed randomization scheme can enhance efficiency of the TR methods.

Practical implications

The algorithm can be effectively used for solving the optimization problems which appear in engineering, economics, management, industry and other areas.

Originality/value

The proposed randomization scheme improves computational costs of the classical TR algorithm. Especially, the suggested algorithm avoids resolving the TR subproblems for many times.

Details

International Journal of Intelligent Computing and Cybernetics, vol. 12 no. 3
Type: Research Article
ISSN: 1756-378X

Keywords

1 – 2 of 2