• 충청수학회지
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• 제27권1호
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• pp.145-149
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• 2014

I consider the optimal consumption and portfolio selection problem with nonnegative wealth constraints using the dynamic programming approach. I use the constant relative risk aversion (CRRA) utility function and disutility to derive the closed-form solutions.

• 한국레이저가공학회지
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• 제6권1호
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• pp.1-8
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• 2003

A molten metal droplets are deposited onto solid substrate for solid freeform fabrication, Collision dynamic and substrate heat transfer associated with solidification determine the final shape of molten metal droplets. In this study, the experimental model, based on the variational condition with substrate temperature and falling height, was produced reliable optimal data of droplet pattern.

• 한국우주과학회:학술대회논문집(한국우주과학회보)
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• 한국우주과학회 2008년도 한국우주과학회보 제17권1호
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• pp.25.3-25.3
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• 2008

• 한국콘텐츠학회:학술대회논문집
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• 한국콘텐츠학회 2011년도 춘계 종합학술대회 논문집
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• pp.9-10
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• 2011

패턴인식 문제의 학습을 위하여 여러 형태의 오차 함수들이 제안되었다. 이 논문에서는 이들 오차함수들에 대하여 그 특징을 통계학적으로 분석하여 비교하였다. 이 분석결과는 패턴인식기의 학습에 있어서 적합한 오차함수를 선정하는 이론적 토대를 마련해준다.

• 한국경영과학회지
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• 제14권1호
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• pp.59-71
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• 1989

This practical paper puts existing optimal stopping rules for various asset selling situations into a coherent perspective, using simple non-measure theoretical terms. It also provides analytical or numerical solutions when the price offers are beta distributed.

• 충청수학회지
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• 제29권2호
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• pp.329-336
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• 2016

The optimal portfolio choice problem with a stochastic income is considered in continuous-time framework. We provide a novel approach to treat the stochastic income when the market is complete. The developed method is useful to obtain closed-form solutions of the problems under borrowing constraints.

• Journal of Advanced Marine Engineering and Technology
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• 제35권3호
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• pp.341-347
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• 2011

The redundancy allocation problem (RAP) is a famous NP.complete problem that has beenstudied in the system reliability area of ships and airplanes. Recently meta-heuristic techniques have been applied in this topic, for example, genetic algorithms, simulated annealing and tabu search. In particular, tabu search (TS) has emerged as an efficient algorithmic approach for the series-parallel RAP. However, the quality of solutions found by TS depends on the initial solution. As a robust and efficient methodology for the series-parallel RAP, the hybrid metaheuristic (TSA) that is a interactive procedure between the TS and SA (simulated annealing) is developed in this paper. In the proposed algorithm, SA is used to find the diversified promising solutions so that TS can re-intensify search for the solutions obtained by the SA. We test the proposed TSA by the existing problems and compare it with the SA and TS algorithm. Computational results show that the TSA algorithm finds the global optimal solutions for all cases and outperforms the existing TS and SA in cases of 42 and 56 subsystems.

• Industrial Engineering and Management Systems
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• 제6권1호
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• pp.64-71
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• 2007

J. Kennedy and R. Eberhart first introduced the concept called as Particle Swarm Optimization (PSO). They applied it to optimize continuous nonlinear functions and demonstrated the effectiveness of the algorithm. Since then a considerable number of researchers have attempted to apply this concept to a variety of optimization problems and obtained reasonable results. In PSO, individuals communicate and exchange simple information with each other. The information among individuals is communicated in the swarm and the information between individuals and their swarm is also shared. Finally, the swarm approaches the optimal behavior. It is reported that reasonable approximate solutions of various types of test functions are obtained by employing PSO. However, if more precise solutions are required, additional algorithms and/or hybrid algorithms would be necessary. For example, the heading vector of the swarm can be slightly adjusted under some conditions. In this paper, we propose a hybrid algorithm to obtain more precise solutions. In the algorithm, when a better solution in the swarm is found, the neighborhood of a certain distance from the solution is searched. Then, the algorithm returns to the original PSO search. By this hybrid method, we can obtain considerably better solutions in less iterations than by the standard PSO method.

• Journal of Information Technology Applications and Management
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• 제9권4호
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• pp.13-34
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• 2002

This paper considers a postal transportation planning problem in the transportation network of the form of hub and spoke Given mail sorting centers and an exchange center, available vehicles and amount of mails to be transported between mail sorting centers, postal transportation planning is to make a transportation plan without violating various restrictions. The objective is to minimize the total transportation cost. To solve the problem, a tabu search algorithm is proposed. The algorithm is composed of a route construction procedure and a route improvement procedure to improve a solution obtained by the route construction procedure using a tabu search. The tabu search uses the best-admissible strategy, BA, and the first-best-admissible strategy, FBA. The algorithm was tested on problems consisting of 11, 16 and 21 mail sorting centers including one exchange center. Solutions of the problems consisting of 11 mail sorting centers including one exchange center were compared with optimal solutions On average, solutions using BA strategy were within 0.287% of the optimum and solutions using FBA strategy were within 0.508% of the optimum. Computational results show that the proposed algorithm can solve practically sized problems within a reasonable time and the quality of the solution is very good.

• Industrial Engineering and Management Systems
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• 제9권2호
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• pp.70-79
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• 2010

Makespan and cost minimization are two important factors in project investment. This paper considers a multi-mode resource-constrained project scheduling problem with the objective of minimizing costs, subject to a deadline constraint. A number of studies have focused on minimizing makespan or resource availability cost with a specified deadline. This problem assumes a fixed cost for the availability of each renewable resource per period, and the project cost to be minimized is the sum of the variable cost associated with the execution mode of each activity. The presented memetic algorithm (MA) consists of three features: (1) a truncated branch and bound heuristic that serves as effective preprocessing in forming the initial population; (2) a strategy that maintains two populations, which respectively store deadline-feasible and infeasible solutions, enabling the MA to explore quality solutions in a broader resource-feasible space; (3) a repair-and-improvement local search scheme that refines each offspring and updates the two populations. The MA is tested via ProGen generated instances with problem sizes of 18, 20, and 30. The experimental results indicate that the MA performs exceptionally well in both effectiveness and efficiency using the optimal solutions or the current best solutions for the comparison standard.