Dynamic pricing is a kind of pricing strategy in which the price of products varies based on present demand value. So far, several research works have been reported for using neural network for pricing, such as predicting demand and modeling the customer's choices. However, less work has been performed on using them for optimizing pricing policies. In this project, we try to explain the way of combining neural network and evolutionary algorithms to optimize pricing policies. We create a neural network on the basis of demand model and benefit from evolutionary algorithms for optimizing the resulted model. This has got two privileges: First, necessary flexibilities are created by using neural network to model different demand scenarios that is occurred with different products and services, and second, using evolutionary algorithms provides us with the ability of solving complicated models. Wavelet neural network has been used and the resulted pricing policy has been compared with other demand models that are widely used. The results show that the suggested model match up well under different scenarios and presents a better pricing policy than other suggested models.

Powder mixed electro discharge machining (PMEDM) is a hybrid machining process where electrically conductive powder is suspended into a dielectric medium, for enhancing the material removal as well as the surface finish. In this investigation, electro discharge machining (EDM) has been performed for the machining of AISI 304 stainless steel by using the tungsten carbide electrode, when silicon carbide (SiC) powder is suspended into kerosene dielectric medium. Peak current, pulse on time, gap voltage, duty cycle and powder concentration are considered as process parameter while the surface roughness (Ra) is the only response. The effect of significant process parameters on the response has been studied. A regression analysis has been performed to describe the correlation of data between the machining parameter, and the response. Microstructural analysis has been done for the PMEDMed surface. The result shows that peak current is the most influential parameter for surface roughness. Surface roughness decreases with the increase of powder concentration.

Nowadays efficiency measurement is considered as one of the most important methods for performance assessment of the organizations. Assessment of academic education and research system is a vital factor for education and research promotion and also is a panoramic mirror for education and research activities. The aim of this research is to assess the efficiency measurement of Shiraz university colleges over the period 2009 – 2014. Data Envelopment Analysis (DEA) as one of the most important methods of efficiency measurement has two limitations: First, it calculates cross-sectional efficiency values and second, it may consider many units as an efficient unit. Window Data Envelopment Analysis (WDEA) is used for eliminating the first limitation and similarly double frontier analysis is used to overcome the second limitation. The results show that proposed WDEA method with double frontier in comparison with traditional analysis, provides more accurate results.

In the present research work, four different multi response optimization techniques, viz. multiple response signal-to-noise (MRSN) ratio, weighted signal-to-noise (WSN) ratio, Grey relational analysis (GRA) and VIKOR (VlseKriterijumska Optimizacija I Kompromisno Resenje in Serbian) methods have been used to optimize the electro-discharge machining (EDM) performance characteristics such as material removal rate (MRR), tool wear rate (TWR) and surface roughness (SR) simultaneously. Experiments have been planned on a D2 steel specimen based on L9 orthogonal array. Experimental results are analyzed using the standard procedure. The optimum level combinations of input process parameters such as voltage, current, pulse-on-time and pulse-off-time, and percentage contributions of each process parameter using ANOVA technique have been determined. Different correlations have been developed between the various input process parameters and output performance characteristics. Finally, the optimum performances of these four methods are compared and the results show that WSN ratio method is the best multiresponse optimization technique for this process. From the analysis, it is also found that the current has the maximum effect on the overall performance of EDM operation as compared to other process parameters.

Developing innovation, based on knowledge and technology, as a driving force of the economy, is necessary for survival and is required in having strong interactions within the globalized world of business. Innovation and technology development require an intertwined network of organizational interactions between public and private sector. The activities and interactions of these firms are the reasons for innovation development in the framework of innovation systems. Following strategies is of crucial necessity and importance in industries such as aerospace and remotely-piloted helicopters (RPH) with their complex characteristics, costly and time-consuming processes. Understanding the business environment and identifying the success factors is a significant step towards adopting innovative strategies and planning for technology development. The aim of this article is to evaluate the key success factors in technological innovation development of remotely-piloted helicopters (RPH) industry. The methodology used in this article is Best-Worst method which is considered as one of the most prominent and effective MCDM methods. Based on a case study and by reviewing the extant and relevant literature, the key success factors of technological innovation development of remotely-piloted helicopters (RPH) industry in Iran were identified. Then by applying the “Best-Worst” method and the experts’ opinions, the key success factors were analyzed and prioritized. Finally, some suggestions are made by considering the results of the study.

Reliability issues are most important types of optimization problems and they are used in communication, transportation and electrical systems. This paper presents two mathematical models to solve the k-out-of-n redundancy problem where there are two objectives: maximization of reliability and minimization of cost subject to two constraints. Constraints are associated with weight and volume. In addition, strategy of redundancy is intended and ready to go cold and the components of the systems are also identical, because the model is to solve the complex models of the genetic algorithm (GA) and simulated annealing (SA). The proposed study uses NSGAII and MOPSO to solve the proposed studies and compare them using TOPSIS method.

A reverse supply chain is viewed as a process from consumption point to recovery point and the management of domestic waste is considered as a specific and complex reverse supply chain. This important sector represents a high challenging problem for our cities, constrained by financial, social, health and environmental considerations. This paper proposes multicriteria decision aid to help choose an efficient domestic waste management strategy. In fact, Multicriteria decision making techniques are considered as a key option to solve this type of problems, giving a solution that represents a good compromise between different preferences. The adopted approach consists in outranking a set of candidate management plans using a method based on partial aggregation criteria. This model is applied on a real case study of an Algerian city and to validate the obtained results, a deep sensitivity analysis is carried out, giving the most appropriate plans.

In today’s scenario, software has become an essential component in all kinds of systems. The size and the complexity of the software increases with a corresponding increase in its functionality, hence leads to the development of the modular software systems. Software developers emphasize on the concept of component based software engineering (CBSE) for the development of modular software systems. The CBSE concept consists of dividing the software into a number of modules; selecting Commercial Off-the-Shelf (COTS) for each module; and finally integrating the modules to develop the final software system. The selection of COTS for any module plays a vital role in software development. To address the problem of selection of COTS, a framework for ranking and selection of various COTS components for any software system based on expert opinion elicitation and fuzzy-based matrix methodology is proposed in this research paper. The selection problem is modeled as a multi-criteria decision making (MCDM) problem. The evaluation criteria are identified through extensive literature study and the COTS components are ranked based on these identified and selected evaluation criteria using the proposed methods according to the value of a permanent function of their criteria matrices. The methodology is explained through an example and is validated by comparing with an existing method.

Supplier selection is a complex multi-criteria decision making (MCDM) problem. There are literally various methods for choosing appropriate supplier but there are several criteria involved in complex decision making process. The classical MCDM methods cannot effectively solve real-world problems however fuzzy MCDM methods facilitate the solution fairly and enable the decision-makers to reach accurate decisions in this selection process. In this study, a supplier selection problem is handled, in a firm in automotive industry of Turkey. Fuzzy TOPSIS (Technique for Order Performance by Similarity to Ideal Solution) and generalized Choquet integral are used individually in the solution of the problem.

An important issue in maintaining the industrial equipment is to introduce an appropriate maintenance policy to monitor the conditions of the equipment. In this research, an investigation on the concurrent effects of erosion and random shocks during the useful life of the equipment is studied. In this regard a model is introduced to optimize the total cost including logistic, complete repair and incomplete repair costs. The proposed model determines the optimal number of the incomplete repairs, the time duration between inspections and the probability of equipment to be failed. A numerical example is solved by means of computer simulation. The results indicate that the proposed model performs well for minimizing the costs of maintenance and repair.