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In this paper, we investigate the efficacy of artificial intelligence (AI) based meta-heuristic techniques namely genetic algorithms (GAs), for the product line design problem. This work extends previously developed methods for the single product design problem. We conduct a large scale simulation study to determine the effectiveness of such an AI based(More)
Given the success of neural networks in a variety of applications in engineering, such as speech and image quantization, it is natural to consider its application to similar problems in other domains. A related problem that arises in business is market segmentation for which Clustering techniques are used. In this paper, we explore the ability of a specific(More)
Often complex decision problems requiring decision aids, such as a Decision Support System (DSS), do not have solution procedures that can generate an optimal solution in a realistic time period. This has led to the specification of heuristic solution procedures. However, the quality of the solution obtained using a heuristic in specific instances can be(More)
Gupta and Livne (1988) modified Nash's (1950) original bargaining problem through the introduction of a reference point restricted to lie in the bargaining set. Additionally, they characterized a solution concept for this augmented bargaining problem. We propose and axiomatically characterize a new solution concept for bargaining problems with a reference(More)
CONTEXT Melia azedarach Linn (Meliaceae) is an Ayurvedic medicinal plant which is native to India. It is traditionally used for the treatment of leprosy, inflammation, scrofula, anthelmintic, antilithic, diuretic, deobstruent and cardiac disorders. OBJECTIVE To evaluate the phytochemical constituents and antioxidant activities of the ethanol leaf extract(More)
This research builds on prior work on developing near optimal solutions to the product line design problems within the conjoint analysis framework. In this research, we investigate and compare different genetic algorithm operators; in particular, we examine systematically the impact of employing alternative population maintenance strategies and mutation(More)
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