Fuzzy optimisation has emerged as a vital framework for addressing decision-making and extremum problems where data ambiguity and uncertainty preclude the direct application of classical optimisation ...
We consider the optimality of the (s, S) policy for a periodic-review stochastic inventory problem with two types of shortage costs. The problem may arise in a rush-order application at a bank branch ...
In this article, we derive second-order necessary conditions of optimality for an abstract optimization problem with equality and inequality constraints and constraints in the form of an inclusion ...