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We also model the optimal embedded option to default whose exercise is motivated by decreasing random house prices.
Using the developed model, the optimal operating conditions were determined.
Using the standard second-degree price discrimination model, the optimal menu of contracts is characterized.
Thus, the obtained data was used to model the optimal mixed logit model.
Based on the obtained system model, the optimal data fusion filter is designed.
Based on this model, the optimal hash routing problem is studied.
With this model the optimal choice of tube sizes and circuit numbers are found for all three concepts.
Using a mathematical programming approach and a detailed model the optimal design of the entire process (absorption, amine regeneration, compression stage, and energy recovery system) is investigated.
Based on this model, the optimal number of overhauls and the optimal overhaul interval for minimizing the expected total maintenance cost are also analytically determined.
As an application of the SWAP model, the optimal irrigation management practices for the hydrologic years of 75%, 50%and25%5%, respectively, in the Beijing area were obtained.
Through a two-stage nested Monte Carlo simulation of this surrogate model, the optimal distance between exits under uncertainty is found efficiently.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com