Theoretical and Applied Economics
No. 5 / 2007 (510)
Multidisciplinary Optimization in Services Management
Academia de Studii Economice, Bucuresti
Octavian Thor Pleter
Universitatea Politehnica, Bucuresti
Abstract. Optimization methods may be applied to the services operations management. A comprehensive objective function (a cost-function to be minimized) leads to a multidisciplinary optimization, considering all aspects of a services business unit. However, this introduces a very large number of variables (examples with tens of thousands of variables are presented), making classical optimization methods inadequate. The paper introduces the use of genetic algorithms and illustrates it in two examples: air transport and leisure services. Multidisciplinary optimizations may play a crucial role in the success of any services business, and genetic algorithms are the most adequate computation resource in this type of optimizations.
Contents
R.M. Solow Adjusted Model of Economic Growth
Multidisciplinary Optimization in Services Management
IAS 41 Agriculture: Fair Value Accounting
Model Proposition for the Fiscal Policies Analysis Applied in Economic Field
The Operational Risk in the Outlook of the Basel II Accord Implementation
Structural Instruments – the New Challenge for Romania. Investment Fields and the Beneficiaries for the Operational Programs 2007-2013
The Standard-cost Method: the Best Answer for the Effective Management of the Value Side of the Manufacturing Process and Raising Economic Efficiency
The International Trade in Global Economy
The Stress’ Management and Time Budget