A multi-objective optimization problem has two or more objectives to be minimized or maximized simultaneously. It is usually difficult to arrive at a solution that optimizes every objective. Therefore, the best way of dealing with the problem is to obtain a set of good solutions for the decision maker to select the one that best serves his/her interest. In this paper, a ratio min-max strategy is incorporated (after Pareto optimal solutions are obtained) under a weighted sum scalarization of the objectives to aid the process of identifying a best compromise solution. The bi-objective discrete optimization problem which has distance and social cost (in rail construction, say) as the criteria was solved by an improved Ant Colony System algorithm developed by the authors. The model and methodology were applied to hypothetical networks of fourteen nodes and twenty edges, and another with twenty nodes and ninety-seven edges as test cases. Pareto optimal solutions and their maximum margins of error were obtained for the problems to assist in decision making. The proposed model and method is user-friendly and provides the decision maker with information on the quality of each of the Pareto optimal solutions obtained, thus facilitating decision making.
In this paper, Label Setting Algorithm and Dynamic Programming Algorithm had been critically examined in determining the shortest path from one source to a destination. Shortest path problems are for finding a path with minimum cost from one or more origin (s) to one or more destination(s) through a connected network. A network of ten (10) cities (nodes) was employed as a numerical example to compare the performance of the two algorithms. Both algorithms arrived at the optimal distance of 11 km, which corresponds to the paths 1→4→5→8→10 ,1→3→5→8→10 , 1→2→6→9→10 and 1→4→6→9→10 . Thus, the problem has multiple shortest paths. The computational results evince the outperformance of Dynamic Programming Algorithm, in terms of time efficiency, over the Label Setting Algorithm. Therefore, to save time, it is recommended to apply Dynamic Programming Algorithm to shortest paths and other applicable problems over the Label-Setting Algorithm.
The outbreak of COVID-19 infection and its effects have not spared any economy on the globe. The fourth variant has just announced its appearance with its high death toll and impact on economic activities. The basic reproductive number R 0 , which measures the transmission potential of an infectious disease, is extremely important in the study of epidemiology. The main purpose of this study was to derive R 0 and assess the stability of the model around its equilibrium points. The motivation was to simulate the effect of COVID-19 on the demand for fashion products and how its application has impacted the COVID-19 pandemic. A five-compartment susceptible-infection-recovery-susceptible-based model was formulated in an integrated environment with application of fashion-based personal protective equipment (FPPEs) and government policy regulation, using ordinary differential equations. Solution techniques included a mix of qualitative analysis and simulations with data from various publications on COVID-19. The study revealed that the disease-free equilibrium was both locally and globally asymptotically stable (LAS and GAS) for R 0 ≤ 1 , while the disease-endemic equilibrium was both LAS and GAS for R 0 ≥ 1 . As the demand for FPPEs increases, R 0 decreases, and vice versa. The sensitivity analysis indicated that R 0 was very sensitive to the rate of application of FPPEs. This confirms the significance of high demand for FPPEs in reducing the transmission of COVID-19 infection. Again, the pandemic has had both positive and negative impacts on the demand for fashion products; however, the negative impact outweighed the positive impact. Another discovery was that government policy stringency was significant in increasing demand for FPPEs. The sensitivity analyses suggested prioritization of FPPEs application together with all recommended PPEs. We recommend inter alia that FPPEs be used together with other nonpharmaceutical interventions. Operators in the fashion industry must be dynamic in adjusting to the new trends of taste for fashion products. Finally, governments should maintain high policy stringency.
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