In economics, several parametric regression-based models have been proposed to measure the technical efficiency of decision making units (DMUs). However, the problem of misspecification restricts the use of these methods. In this paper, symbolic regression is employed to obtain the approximate optimal production function automatically using genetic programming (GP). Monte Carlo simulation is us...

Linear programming problem is widely applied in engineering group. And artificial neural network is an effective and practical method and approach for solving linear programming problem of nonlinear convex set constraints in engineering field. Most models of artificial neural network are nonlinear dynamic system. If the objective function of optimization calculation problem is corresponding to ...

Genetic programming can be used to evolve an algebraic expression as part of an equation representing measured input-output response data. Parts of the nonlinear differential equations describing a dynamic system are identified along with their numerical parameters using genetic programming. The results of several such optimisations are analysed to produce a nonlinear physical representation of...

‎this paper proposes a multi-supplier multi-product inventory model in which the suppliers have unlimited production capacity, allow delayed payment, and offer either an all-unit or incremental discount. the retailer can delay payment until after they have sold all the units of the purchased product. the retailer’s warehouse is limited, but the surplus can be stored in a rented warehouse at a...

this paper develops a single-vendor single-retailer supply chain for multi-product. the proposed model is based on vendor managed inventory (vmi) approach and vendor uses the retailer's data for better decision making. number of orders and available capital are the constraints of the model. in this system, shortages are backordered; therefore, the vendor’s warehouse capacity is another limitati...

We propose an Economic Probabilistic analogy: the category of cost is analogous to the category of Probability. The proposed analogy permits construction of an informal theory of nonlinear non-convex Gaussian Utility and Cost, which describes the real economic processes more adequately than a theory based on a linear and convex models. Based on the proposed analogy, we build a nonlinear non-con...