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Mathematical Model for Optimization of Perishable Resources with Uniform Decay

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Computational Intelligence in Data Mining—Volume 2

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 411))

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Abstract

Waste stemmed from inappropriate management is a major challenge for perishable resources. Improvement of the inappropriate management has great potential to improve the efficiency of the resources. This research aims to maximize profit and reduce resource spoilage through a fitness value approach based on the decay rate of the perishable resources. A particular type of resource whose decay rate is uniform with time is considered here and is defined as uniform perishable resource. But here in this paper it is shown that the best way to utilize those resources is to follow the first method (i.e. to pick up the best resource first).

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Correspondence to Prabhujit Mohapatra .

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Mohapatra, P., Roy, S. (2016). Mathematical Model for Optimization of Perishable Resources with Uniform Decay. In: Behera, H., Mohapatra, D. (eds) Computational Intelligence in Data Mining—Volume 2. Advances in Intelligent Systems and Computing, vol 411. Springer, New Delhi. https://doi.org/10.1007/978-81-322-2731-1_42

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  • DOI: https://doi.org/10.1007/978-81-322-2731-1_42

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  • Publisher Name: Springer, New Delhi

  • Print ISBN: 978-81-322-2729-8

  • Online ISBN: 978-81-322-2731-1

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