Wagelmans, Albert
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Wagelmans, Albert
Albert Peter Marie (Albert) Wagelmans (born 1960) is a Dutch economist and Professor of Management Science at the Erasmus School of Economics (ESE) of the Erasmus University Rotterdam working in the fields of mathematical optimization methods for production, public transport and health care planning. Biography Born in 1960 in Rotterdam, Wagelmans received his MSc in Econometrics at the Erasmus University Rotterdam in 1985, where in 1990 he received his Phd with the thesis entitled "Sensitivity analysis in combinatorial optimization," under supervision of Alexander Rinnooy Kan and Antoon Kolen. Wagelmans had started his academic career at the Erasmus University Rotterdam as teaching assistant in 1982, became Assistant Professor in 1986 and was Instructor at the MBA Executive Development program in 1987/88. In 1989 he was visiting researcher at the Université Catholique de Louvain, and in 1990/91 visiting researcher at Massachusetts Institute of Technology. Back in Rotterdam in ...
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Economist
An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are many sub-fields, ranging from the broad philosophy, philosophical theory, theories to the focused study of minutiae within specific Market (economics), markets, macroeconomics, macroeconomic analysis, microeconomics, microeconomic analysis or financial statement analysis, involving analytical methods and tools such as econometrics, statistics, Computational economics, economics computational models, financial economics, mathematical finance and mathematical economics. Professions Economists work in many fields including academia, government and in the private sector, where they may also "study data and statistics in order to spot trends in economic activity, economic confidence levels, and consumer attitudes. They assess ...
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Tinbergen Institute
The Tinbergen Institute is a joint institute for research and education in economics, econometrics and finance of the VU University Amsterdam, the University of Amsterdam, and the Erasmus University Rotterdam. The institute was founded in 1987 and is named after the Dutch economist Jan Tinbergen, a Nobel prize-winning professor at the Erasmus University Rotterdam. The Tinbergen Institute has over 200 research fellows from the three participating universities, and some 190 PhD students. It is ranked 2nd among the World Top Financial Economics and Finance Departments according tIDEAS/RePEc It is ranked 127th among the World Top Economic Institutions according to IDEAS/RePEc. The three universities that jointly operate the Tinbergen Institute all ranked among the top 100 economic schools in the world according tThe Tilburg University Economics School Research Rankingbased on research contribution 2016-2020, with the VU ranked 39th, followed closely by the EUR which is ranked 42nd a ...
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Dutch Economists
Dutch commonly refers to: * Something of, from, or related to the Netherlands * Dutch people () * Dutch language () Dutch may also refer to: Places * Dutch, West Virginia, a community in the United States * Pennsylvania Dutch Country People Ethnic groups * Germanic peoples, the original meaning of the term ''Dutch'' in English ** Pennsylvania Dutch, a group of early Germanic immigrants to Pennsylvania *Dutch people, the Germanic group native to the Netherlands Specific people * Dutch (nickname), a list of people * Johnny Dutch (born 1989), American hurdler * Dutch Schultz (1902–1935), American mobster born Arthur Simon Flegenheimer * Dutch Mantel, ring name of American retired professional wrestler Wayne Maurice Keown (born 1949) * Dutch Savage, ring name of professional wrestler and promoter Frank Stewart (1935–2013) Arts, entertainment, and media Fictional characters * Dutch (''Black Lagoon''), an African-American character from the Japanese manga and anime ''Black ...
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Living People
Related categories * :Year of birth missing (living people) / :Year of birth unknown * :Date of birth missing (living people) / :Date of birth unknown * :Place of birth missing (living people) / :Place of birth unknown * :Year of death missing / :Year of death unknown * :Date of death missing / :Date of death unknown * :Place of death missing / :Place of death unknown * :Missing middle or first names See also * :Dead people * :Template:L, which generates this category or death years, and birth year and sort keys. : {{DEFAULTSORT:Living people 21st-century people People by status ...
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1960 Births
Year 196 ( CXCVI) was a leap year starting on Thursday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Dexter and Messalla (or, less frequently, year 949 ''Ab urbe condita''). The denomination 196 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Emperor Septimius Severus attempts to assassinate Clodius Albinus but fails, causing Albinus to retaliate militarily. * Emperor Septimius Severus captures and sacks Byzantium; the city is rebuilt and regains its previous prosperity. * In order to assure the support of the Roman legion in Germany on his march to Rome, Clodius Albinus is declared Augustus by his army while crossing Gaul. * Hadrian's wall in Britain is partially destroyed. China * First year of the '' Jian'an era of the Chinese Han Dynasty. * Emperor Xian o ...
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Van Hoesel, C
A van is a type of road vehicle used for transporting goods or people. Depending on the type of van, it can be bigger or smaller than a pickup truck and SUV, and bigger than a common car. There is some varying in the scope of the word across the different English-speaking countries. The smallest vans, microvans, are used for transporting either goods or people in tiny quantities. Mini MPVs, compact MPVs, and MPVs are all small vans usually used for transporting people in small quantities. Larger vans with passenger seats are used for institutional purposes, such as transporting students. Larger vans with only front seats are often used for business purposes, to carry goods and equipment. Specially-equipped vans are used by television stations as mobile studios. Postal services and courier companies use large step vans to deliver packages. Word origin and usage Van meaning a type of vehicle arose as a contraction of the word caravan. The earliest records of a van as a vehicle ...
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Vehicle Routing Problem
The vehicle routing problem (VRP) is a combinatorial optimization and integer programming problem which asks "What is the optimal set of routes for a fleet of vehicles to traverse in order to deliver to a given set of customers?" It generalises the travelling salesman problem (TSP). It first appeared in a paper by George Dantzig and John Ramser in 1959, in which the first algorithmic approach was written and was applied to petrol deliveries. Often, the context is that of delivering goods located at a central depot to customers who have placed orders for such goods. The objective of the VRP is to minimize the total route cost. In 1964, Clarke and Wright improved on Dantzig and Ramser's approach using an effective greedy algorithm called the savings algorithm. Determining the optimal solution to VRP is NP-hard, so the size of problems that can be optimally solved using mathematical programming or combinatorial optimization may be limited. Therefore, commercial solvers tend to use he ...
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Time Complexity
In computer science, the time complexity is the computational complexity that describes the amount of computer time it takes to run an algorithm. Time complexity is commonly estimated by counting the number of elementary operations performed by the algorithm, supposing that each elementary operation takes a fixed amount of time to perform. Thus, the amount of time taken and the number of elementary operations performed by the algorithm are taken to be related by a constant factor. Since an algorithm's running time may vary among different inputs of the same size, one commonly considers the worst-case time complexity, which is the maximum amount of time required for inputs of a given size. Less common, and usually specified explicitly, is the average-case complexity, which is the average of the time taken on inputs of a given size (this makes sense because there are only a finite number of possible inputs of a given size). In both cases, the time complexity is generally expresse ...
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Dynamic Lot-sizing Model
The dynamic lot-size model in inventory theory, is a generalization of the economic order quantity model that takes into account that demand for the product varies over time. The model was introduced by Harvey M. Wagner and Thomson M. Whitin in 1958. Harvey M. Wagner and Thomson M. Whitin, "Dynamic version of the economic lot size model," Management Science, Vol. 5, pp. 89–96, 1958 Problem setup We have available a forecast of product demand over a relevant time horizon t=1,2,...,N (for example we might know how many widgets will be needed each week for the next 52 weeks). There is a setup cost incurred for each order and there is an inventory holding cost per item per period ( and can also vary with time if desired). The problem is how many units to order now to minimize the sum of setup cost and inventory cost. Let us denote inventory: I=I_+\sum_^x_-\sum_^d_\geq0 The functional equation representing minimal cost policy is: f_(I)=\underset\left i_I+H(x_)s_+ ...
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Management Science (journal)
''For the theoretical and practical problem-solving subfield of Management, see Management Science.'' ''Management Science'' is a peer-reviewed academic journal that covers research on all aspects of management related to strategy, entrepreneurship, innovation, information technology, and organizations as well as all functional areas of business, such as accounting, finance, marketing, and operations. It is published by the Institute for Operations Research and the Management Sciences and was established in 1954 by the institute's precursor, the Institute of Management Sciences. C. West Churchman was the founding editor-in-chief. According to the ''Journal Citation Reports'', the journal has a 2018 impact factor of 4.219. Editors-in-chief The following persons are, or have been, editors-in-chief: *2018–2020: David Simchi-Levi *2014–2018: Teck-Hua Ho *2009–2014: Gérard Cachon *2003–2008: Wallace Hopp *1997–2002: Hau L. Lee *1993–1997: Gabriel R. Bitran *1983–199 ...
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Association Of European Operational Research Societies
The Association of European Operational Research Societies (EURO) is a regional grouping within the International Federation of Operational Research Societies (IFORS) whose aim is to promote Operational Research throughout Europe. It was established in 1975. Overview EURO is a nonprofit organization domiciled in Switzerland. It aims at the advancement of knowledge, interest and education in Operational Research by appropriate means, particularly by the exchange of information, the holding of meetings and conferences, the publication of books, papers, and journals, the awarding of prizes, and the promotion of early stage talents. The members of EURO are national Operational Research Societies which are full members of International Federation of Operational Research Societies (IFORS) and originate from Europe, the Middle East and Africa. Its affairs are regulated by a Council consisting of one representatives of all its members and an executive committee which constitutes its board o ...
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