MULTIDISCIPLINARY OPTIMIZATION IN URBAN SERVICES MANAGEMENT

George Moldoveanu () and Oana Sabie (Abaluta)
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George Moldoveanu: Academy of Economic Studies, Bucharest, Romania

Theoretical and Empirical Researches in Urban Management, 2009, vol. 4, issue 10, 93-100

Abstract: Optimization methods may be applied to the services operations management. A comprehensive objective function (a cost-function to be minimized) leads to a multidisciplinary optimization, considering all aspects of a services business unit. However, this introduces a very large number of variables (examples with tens of thousands of variables are presented), making classical optimization methods inadequate. The paper introduces the use of genetic algorithms and illustrates it in one example: leisure services. Multidisciplinary optimizations may play a crucial role in the success of any services business, and genetic algorithms are the most adequate computation resource in this type of optimizations.

Keywords: optimization; urban services management; total cost; risk; leisure services (search for similar items in EconPapers)
JEL-codes: C61 R00 R11 (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:rom:terumm:v:4:y:2009:i:10:p:93-100

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