Endüstri Mühendisliği Bölümü Koleksiyonu

Permanent URI for this collectionhttps://hdl.handle.net/20.500.11779/1942

Browse

Search Results

Now showing 1 - 8 of 8
  • Article
    Citation - WoS: 6
    Citation - Scopus: 6
    A Strong Integer Programming Formulation for Hybrid Flowshop Scheduling
    (Taylor & Francis, 2019-09-09) Ağralı, Semra; Ünal, A. Tamer; Taşkın, Z. Caner
    We consider a hybrid flowshop scheduling problem that includes parallel unrelated discrete machines or batch processing machines in different stages of a production system. The problem is motivated by a bottleneck process within the production system of a transformer producer located in the Netherlands. We develop an integer programming model that minimises the total tardiness of jobs over a finite planning horizon. Our model is applicable to a wide range of production systems organised as hybrid flowshops. We strengthen our integer program by exploiting the special properties of some constraints in our formulation. We develop a decision support system (DSS) based on our proposed optimisation model. We compare the results of our initial optimisation model with an improved formulation as well as with a heuristic that was in use at the company before the implementation of our DSS. Our results show that the improved optimisation model significantly outperforms the heuristic and the initial optimisation model in terms of both the solution time and the strength of its linear programming relaxation.
  • Article
    Citation - WoS: 6
    Citation - Scopus: 6
    Optimal Keyword Bidding in Search-Based Advertising With Budget Constraint and Stochastic Ad Position
    (Taylor & Francis, 2019-04-20) Özlük, Özgür; Selçuk, Barış; Küçükaydın, Hande
    This paper analyses the search-based advertising problem from an advertiser’s view point, and proposes optimal bid prices for a set of keywords targeted for the advertising campaign. The advertiser aims to maximise its expected potential revenue given a total budget constraint from a search-based advertising campaign. Optimal bid prices are formulated by considering various characteristics of the keywords such that the expected revenue from a keyword is a function of the ad’s position on the search page, and the ad position is a stochastic function of both the bid price and the competitive landscape for that keyword. We explore this problem analytically and numerically in an effort to generate important managerial insights for campaign setters.
  • Article
    Citation - WoS: 8
    Citation - Scopus: 8
    Risk Averse Investment Strategies for a Private Electricity Generating Company in a Carbon Constrained Environment
    (Taylor & Francis, 2019-04-12) Çanakoğlu, Ethem; Ağralı, Semra; Adıyeke, Esra
    We study a private electricity generating company that plans to enter a partially regulated market that operates under an active cap and trade system. There are different types of thermal and renewable power plants that the company considers to invest in over a predetermined planning horizon. Thermal power plants may include a carbon capture and storage technology in order to comply with the carbon limitations. We develop a time-consistent multi-stage stochastic optimization model for this investment problem, where the objective is to minimize the conditional value at risk (CV@R) of the net present value of the profit obtained through the planning horizon. We implement the model for a hypothetical generating company located in Turkey. The results show that the developed model is appropriate for determining risk averse investment strategies for a company that operates under carbon restricted market conditions.
  • Article
    Citation - WoS: 11
    Citation - Scopus: 12
    Coordination of Inbound and Outbound Transportation Schedules With the Production Schedule
    (Pergamon-Elsevier Science Ltd, 2017-01-01) Toptal, Aysegul; Sabuncuoglu, Ihsan; Koç, Utku
    This paper studies the coordination of production and shipment schedules for a single stage in the supply chain. The production scheduling problem at the facility is modeled as belonging to a single process. Jobs that are located at a distant origin are carried to this facility making use of a finite number of capacitated vehicles. These vehicles, which are initially stationed close to the origin, are also used for the return of the jobs upon completion of their processing. In the paper, a model is developed to find the schedules of the facility and the vehicles jointly, allowing for effective utilization of the vehicles both in the inbound and the outbound. The objective of the proposed model is to minimize the sum of transportation costs and inventory holding costs. Issues related to transportation such as travel times, vehicle capacities, and waiting limits are explicitly accounted for. Inventories of the unprocessed and processed jobs at the facility are penalized. The paper contributes to the literature on supply chain scheduling under transportation considerations by modeling a practically motivated problem, proving that it is strongly NP-Hard, and developing an analytical and a numerical investigation for its solution. In particular, properties of the solution space are explored, lower bounds are developed on the optimal costs of the general and the special cases, and a computationally-efficient heuristic is proposed for solving large-size instances. The qualities of the heuristic and the lower bounds are demonstrated over an extensive numerical analysis. (C) 2016 Elsevier Ltd. All rights reserved.
  • Article
    Citation - WoS: 10
    Citation - Scopus: 13
    Energy Investment Planning at a Private Company: a Mathematical Programming-Based Model and Its Application in Turkey
    (IEEE-Inst Electrical Electronics Engineers Inc, 2017-11-01) Ağralı, Semra; Canakoglu, Ethem; Arikan, Yildiz; Terzi, Fulya; Adıyeke, Esra; Adyeke, Esra; Agral, Semra; Çanakolu, Ethem
    We consider a mid-sized private electricity generating company that plans to enter the market that is partially regulated. There is a cap and trade system in operation in the industry. There are nine possible power plant types that the company considers to invest on through a planning horizon. Some of these plants may include a carbon capture and storage technology. We develop a stochastic mixed-integer linear program for this problem where the objective is to maximize the expected net present value of the profit obtained. We include restrictions on the maximum and minimum possible amount of investment for every type of investment option. We also enforce market share conditions such that the percentage of the total investments of the company over the total installed capacity of the country stay between upper and lower bounds. Moreover, in order to distribute the investment risk, the percentage of each type of power plant investment is restricted by some upper bound. We tested the model for a hypothetical company operating in Turkey. The results show that the model is suitable to be used for determining the investment strategy of the company.
  • Article
    Citation - WoS: 9
    Citation - Scopus: 10
    Sequential Testing in Batches
    (Springer, 2016-10-04) Ünlüyurt, Tonguc; Shahmoradi, Zahed; Özluk, Özgur; Selcuk, Barış; Daldal, Rebi
    We study a new extension of the Sequential Testing problem with a modified cost structure that allows performing of some tests in batches. As in the Sequential Testing problem, we assume a certain dependence between the test results and the conclusion. Namely, we stop testing once a positive result is obtained or all tests are negative. Our extension, motivated by health care applications, considers a fixed cost associated with executing a batch of tests, with the general notion that the more tests are performed in batches, the smaller the total contribution of fixed costs to the sequential testing process. The goal is to minimize the expected cost of testing by finding the optimal choice and sequence of the batches available. The resulting NP-hard model is a variation of the set partitioning problem. We propose various heuristic algorithms for the effective solution of the problem and then demonstrate the performances of the algorithms through extensive numerical experiments.
  • Article
    Citation - WoS: 20
    Citation - Scopus: 23
    A Capacitated Lot Sizing Problem With Stochastic Setup Times and Overtime
    (Elsevier Science bv, 2019-02-01) Jabali, Ola; Gendreau, Michel; Jans, Raf; Taş, Duygu
    In this paper, we study a Capacitated Lot Sizing Problem with Stochastic Setup Times and Overtime (CLSPSSTO). We describe a mathematical model that considers both regular costs (including production, setup and inventory holding costs) and expected overtime costs (related to the excess usage of capacity). The CLSP-SSTO is formulated as a two-stage stochastic programming problem. A procedure is proposed to exactly compute the expected overtime for a given setup and production plan when the setup times follow a Gamma distribution. A sample average approximation procedure is applied to obtain upper bounds and a statistical lower bound. This is then used to benchmark the performance of two additional heuristics. A first heuristic is based on changing the capacity in the deterministic counterpart, while the second heuristic artificially modifies the setup time. We conduct our computational experiments on well-known problem instances and provide comprehensive analyses to evaluate the performance of each heuristic. (C) 2018 Elsevier B.V. All rights reserved.
  • Article
    Citation - WoS: 51
    Citation - Scopus: 58
    An Optimization Model for Carbon Capture & Storage/Utilization Vs. Carbon Trading: a Case Study of Fossil-Fired Power Plants in Turkey
    (Academic Press Ltd- Elsevier Science Ltd, 2018-06-01) Uctug, Fehmi Görkem; Ağralı, Semra; Türkmen, Burçin Atılgan
    We consider fossil-fired power plants that operate in an environment where a cap and trade system is in operation. These plants need to choose between carbon capture and storage (CCS), carbon capture and utilization (CCU), or carbon trading in order to obey emissions limits enforced by the government. We develop a mixed-integer programming model that decides on the capacities of carbon capture units, if it is optimal to install them, the transportation network that needs to be built for transporting the carbon captured, and the locations of storage sites, if they are decided to be built. Main restrictions on the system are the minimum and maximum capacities of the different parts of the pipeline network, the amount of carbon that can be sold to companies for utilization, and the capacities on the storage sites. Under these restrictions, the model aims to minimize the net present value of the sum of the costs associated with installation and operation of the carbon capture unit and the transportation of carbon, the storage cost in case of CCS, the cost (or revenue) that results from the emissions trading system, and finally the negative revenue of selling the carbon to other entities for utilization. We implement the model on General Algebraic Modeling System (GAMS) by using data associated with two coal-fired power plants located in different regions of Turkey. We choose enhanced oil recovery (EOR) as the process in which carbon would be utilized. The results show that CCU is preferable to CCS as long as there is sufficient demand in the EOR market. The distance between the location of emission and location of utilization/storage, and the capacity limits on the pipes are an important factor in deciding between carbon capture and carbon trading. At carbon prices over $15/ton, carbon capture becomes preferable to carbon trading. These results show that as far as Turkey is concerned, CCU should be prioritized as a means of reducing nationwide carbon emissions in an environmentally and economically rewarding manner. The model developed in this study is generic, and it can be applied to any industry at any location, as long as the required inputs are available. (C) 2018 Elsevier Ltd. All rights reserved.