Financial returns exhibit stylized facts such as leptokurtosis, skewness and heavy-tailness. Regarding this behavior, in this paper, we apply multivariate generalized hyperbolic (mGH) distribution for portfolio modeling and performance evaluation, using conditional value at risk (CVaR) as a risk measure and allocating best weights for portfolio selection. Moreover, a robust portfolio optimizati...

The purpose of this research is to investigate thermoeconomic optimization and exergy analysis of transcritical CO2 refrigeration cycle with an ejector. After modeling thermodynamic equations of elements and considering optimization parameters of emerging temperature of gas of cooler (Tgc) , emerging pressure of cooler's gas (Pgc) , and eva...

the impact resistance of new lightweight panel is studied. this panel consists of two thin metal layers bonded together by intermediate fiber/epoxy layers (mcm-sheets). to simulate a behavior of this kind of impact problem, explicit and implicit finite element software abaqus is used. in order to validate the finite element modeling, these results have been compared with experimental test resul...

The purpose of this research is to investigate thermoeconomic optimization and exergy analysis of transcritical CO2 refrigeration cycle with an ejector. After modeling thermodynamic equations of elements and considering optimization parameters of emerging temperature of gas of cooler (Tgc) , emerging pressure of cooler's gas (Pgc) , and eva...

This paper presents the robust optimization framework in the modeling language YALMIP, which carries out robust modeling and uncertainty elimination automatically, and allows the user to concentrate on the high-level model. While introducing the software package, a brief summary of robust optimization is given, as well as some comments on modeling and tractability of complex convex uncertain op...

Among the several non-conventional processes, electrical discharge machining (EDM) is the most widely and successfully applied for the machining of conductive parts. In this technique, the tool has no mechanical contact with the work piece and also the hardness of work piece has no effect on the machining pace. Hence, this technique could be employed to machine hard materials such as super allo...

Johnson-Cook constitutive equation is one of the most famous constitutive equations that have ever been developed to model the hot deformation flow curves of different materials. This equation is a predefined model in the traditional finite element codes to describe the material behavior in applications such as simulating the manufacturing processes. In this work, two different genetic algorith...

One of the key issues in mining is the hauling system. Truck and shovels are the most widely used transportation equipment in mines. In this paper, a two-phase simulation-based optimization is presented to maximize utilization of hauling system in the largest Iranian open-pit copper mine. In the first phase, The OptQuest for Arena software package was used to solve the optimization problem to p...